Philippines Philippines National Debt

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NATIONAL PUBLIC DEBT Philippines 2020

Public debt went up in Philippines

In 2020 Philippines public debt was 163,677 million euros186,801 million dollars, has increased 39,25947,503 million since 2019.

This amount means that the debt in 2020 reached 51.64% of Philippines GDP, a 14.67 percentage point rise from 2019, when it was 36.97% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2010 in global debt terms, when it was 74,733 million euros 99,156 million dollars and also in terms of GDP percentage, when it amounted to 47.59%.

According to the last data point published, Philippines per capita debt in 2020 was 1,505 euros1,717 dollars per inhabitant. In 2019 it was 1,160 euros 1,298 dollars, afterwards rising by 345 euros419 dollars, and if we again check 2010 we can see that then the debt per person was 802 euros1,065 dollars .

The position of Philippines, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 79 in the list of debt to GDP and 70 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Philippines. You can see debt in other countries in Public debt and see all the information about Philippines in economy of Philippines.

Philippines: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2020163,677186,80151.64%€1,505$1,717
2019124,418139,29836.97%€1,160$1,298
2018109,012128,79637.13%€1,031$1,218
2017110,848125,17938.11%€1,064$1,202
2016107,524118,98637.34%€1,049$1,161
2015109,474121,47539.64%€1,086$1,205
201490,085119,70840.24%€907$1,205
201393,620124,34043.80%€957$1,272
201293,088119,67445.69%€967$1,243
201176,462106,41345.43%€807$1,124
201074,73399,15647.59%€802$1,065
200962,96287,72349.81%€688$958
200861,55590,52250.01%€684$1,006
200757,09178,25150.17%€646$885
200658,13973,00357.19%€670$841
200555,81369,47464.67%€655$816
200454,31367,53071.08%€650$808
200354,94862,14071.39%€671$759
200258,15954,95565.18%€725$685
200152,40446,93559.47%€667$597
200053,60649,53359.20%€697$644
199943,52346,43254.22%€565$603
199837,82250.77%$502
199753,53756.89%$728
199650,23553.07%$699
199551,50560.85%$753
199446,53163.60%$696
199345,82973.87%$702
Philippines: Evolution of debt as a percentage of GDP

Philippines: Evolution of debt in millions