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Philippines External and Government Debt

Philippines National Debt Data

Indicator Data Period
Government Debt to GDP 60.4 % 2021
External Debt 106428 USD Million | 106.428 B USD 2021


Latest data on Government Debt to GDP (%)

Government Debt to GDP
                     Philippines - Historical Data (%)

What is Philippines Government Debt to GDP Ratio?

  • Government Debt to GDP in Philippines increased to 60.4 % in 2021. The maximum level was 74.9 % and minimum was 39.6 %
  • Data published Yearly by Bureau of the Treasury.

Historical Data (%) by years

Data
Period
Date
60.4 2021 04.08.2022
53.5 2020 07.06.2021
41.5 2019 19.04.2020
41.9 2018 13.02.2019
42.1 2017 02.04.2018
42.1 2016 11.08.2017
45.05 2015 31.12.2015
45.4 2014 31.12.2014


Historical Chart by presidents (%)

Government Debt to GDP in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 42.1000 42.1000 42.1000 42.1000 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 52.4000 45.0500 52.4000 45.0500 -14.03%
Gloria Macapagal 20.01.2001 - 30.06.2010 62.8000 54.8000 71.4000 51.4000 -12.74%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 54.7000 62.1000 62.1000 54.7000 13.53%
Fidel V. Ramos 30.06.1992 - 30.06.1998 63.0000 54.3000 74.9000 51.7000 -13.81%
Corazon C. Aquino 25.02.1986 - 30.06.1992 54.4000 52.6000 54.4000 52.6000 -3.31%


Latest data on External Debt (USD Million)

External Debt
                     Philippines - Historical Data (USD Million)

What is external debt of Philippines?

  • External Debt in Philippines increased to 106428 USD Million (106.428 B USD) in 2021. The maximum debt was 98488 USD Million and minimum was 20893 USD Million
  • Data published Yearly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
106428 2021 07.05.2022
98488 2020 20.03.2021
83618 2019 28.03.2020
78960 2018 23.03.2019
73097.867 2017 17.03.2018
76621.969 2016 11.08.2017
77474.07 2015 31.12.2015
77673.711 2014 31.12.2014


Historical Chart by presidents (USD Million)

External Debt in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 76621.9700 73097.8700 76621.9700 73097.8700 -4.60%
Benigno Aquino 30.06.2010 - 30.06.2016 73593.8200 77474.0700 79949.4200 73593.8200 5.27%
Gloria Macapagal 20.01.2001 - 30.06.2010 52047.0000 64738.4200 66508.2900 52047.0000 24.38%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 46146.0000 51358.0000 51358.0000 46146.0000 11.29%
Fidel V. Ramos 30.06.1992 - 30.06.1998 30771.0000 42972.0000 42972.0000 30771.0000 39.65%
Corazon C. Aquino 25.02.1986 - 30.06.1992 29183.0000 29933.0000 30585.0000 28322.0000 2.57%

Other budget indicators in Philippines

Index Updated Actual Previous
Fiscal Expenditure  Oct/22 387.934 B USD 468.574
Government Budget to GDP 2021 -8.6 % -7.6
Military Expenditure 2021 4.09 B USD 3.733

Government Debt to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 33.9 % 32.1
Jordan 2021 89.4 % 85.4
Kyrgyzstan 2021 60.3 % 68.1
Mongolia 2021 56 % 66
Nepal 2021 40.5 % 36.5
Palestine 2021 21.3 % 23.5
Tajikistan 2021 53.67 % 47.77
Cambodia 2021 38.7 % 34.3
China 2021 71.5 % 68.1
Georgia 2021 57.1 % 62.4
India 2021 89.26 % 89.41
Israel 2021 68.8 % 71.7
Pakistan 2021 84 % 88
South Korea 2021 46.9 % 42.6
Taiwan 2019 28.2 % 29.3
Vietnam 2021 39.6 % 41.8
Maldives 2021 66.6 % 86.2
Armenia 2021 60.25 % 63.48
Hong Kong 2016 38.4 % 37
Indonesia 2021 41.2 % 39.8
Japan 2021 262 % 259
Kazakhstan 2021 27.4 % 23.4
Lebanon 2020 172 % 174
Malaysia 2021 63.3 % 62.1
Philippines 2021 60.4 % 54.6
Qatar 2021 58.5 % 72.5
Singapore 2021 160 % 131
Sri Lanka 2021 105 % 101
Thailand 2021 59.61 % 50.5
Oman 2020 67.7 % 50.3
Iran 2021 41.5 % 45.4
Laos 2021 53.81 % 55.94
Azerbaijan 2021 18.2 % 20.1
Kuwait 2021 8.7 % 11.7
Saudi Arabia 2021 30 % 32.5
Bahrain 2021 128 % 130
United Arab Emirates 2021 38.3 % 36.9
Yemen 2021 63.1 % 84.2
Turkmenistan 2021 11 % 13
Uzbekistan 2021 38 % 40.4
Iraq 2021 59.3 % 84.2
Syria 2010 30.01 % 31.21
Afghanistan 2020 7.8 % 6.1
Bhutan 2021 135 % 131
Brunei 2021 1.8 % 2.9
Mauritius 2021 89 % 73.4