In 2021 Philippines public debt was 189,635 million euros224,438 million dollars, has increased 25,95837,637 million since 2020.
This amount means that the debt in 2021 reached 56.95% of Philippines GDP, a 5.31 percentage point rise from 2020, when it was 51.64% of GDP.
If we check the tables we can see the evolution of Philippines debt. It has risen since 2011 in global debt terms, when it was 76,462 million euros 106,413 million dollars and also in terms of GDP percentage, when it amounted to 45.43%.
According to the last data point published, Philippines per capita debt in 2021 was 1,721 euros2,037 dollars per inhabitant. In 2020 it was 1,505 euros 1,717 dollars, afterwards rising by 216 euros320 dollars, and if we again check 2011 we can see that then the debt per person was 807 euros1,124 dollars .
The position of Philippines, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 92 in the list of debt to GDP and 75 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.