Philippines Debt to GDP Ratio 1990-2020

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Philippines debt to gdp ratio for 2014 was 43.43%, a 3.72% decline from 2013.
  • Philippines debt to gdp ratio for 2013 was 47.14%, a 2.01% decline from 2012.
  • Philippines debt to gdp ratio for 2012 was 49.16%, a 0.35% increase from 2011.
  • Philippines debt to gdp ratio for 2011 was 48.81%, a 1.39% decline from 2010.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Bhutan 93.11%
Sri Lanka 71.33%
Ukraine 63.67%
Kyrgyz Republic 53.89%
El Salvador 50.84%
Zambia 44.40%
Philippines 43.43%
Georgia 33.14%
Indonesia 27.42%
Papua New Guinea 26.89%
Micronesia 23.39%
Moldova 20.83%
Solomon Islands 9.94%
Philippines Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2014 43.43% -3.72%
2013 47.14% -2.01%
2012 49.16% 0.35%
2011 48.81% -1.39%
2010 50.20% -2.20%
2009 52.40% -0.03%
2008 52.43% 0.86%
2007 51.57% -7.22%
2006 58.80% -6.91%
2005 65.71% -5.89%
2004 71.60% 0.48%
2003 71.12% 6.40%
2002 64.72% 5.45%
2001 59.26% 0.66%
2000 58.60% 4.08%
1999 54.52% -5.61%
1998 60.13% 4.47%
1997 55.65% 2.46%
1996 53.19% -7.87%
1995 61.06% 4.65%
1994 56.42% -10.71%
1993 67.13% 14.36%
1992 52.77% 3.08%
1991 49.70% -1.60%
1990 51.30% -1.60%