Philippines External and Government Debt
Philippines National Debt Data
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 60.9 % | 2022 |
External Debt | 111268 USD Million | 111.268 B USD | 2022 |
Latest data on Government Debt to GDP (%)
What is Philippines Government Debt to GDP Ratio?
- Government Debt to GDP in Philippines increased to 60.9 % in 2022. 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
60.9 | 2022 | 01.03.2023 |
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 |
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)
What is external debt of Philippines?
- External Debt in Philippines increased to 111268 USD Million (111.268 B USD) in 2022. 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
111268 | 2022 | 25.03.2023 |
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 |
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 | Aug/23 | 443.556 B USD | 459.543 |
Government Budget to GDP | 2022 | -7.3 % | -8.6 |
Military Expenditure | 2022 | 3.965 B USD | 5.546 |
Government Debt to GDP in other countries
Country | Updated | Actual | Previous |
Bangladesh | 2022 | 28.2 % | 29.2 |
Jordan | 2021 | 89.4 % | 85.4 |
Kyrgyzstan | 2022 | 63.3 % | 60.3 |
Mongolia | 2022 | 48 % | 55 |
Nepal | 2022 | 41.4 % | 40.6 |
Palestine | 2022 | 18.5 % | 21.3 |
Tajikistan | 2022 | 34.6 % | 42.5 |
Cambodia | 2022 | 36.8 % | 36.3 |
China | 2022 | 77.1 % | 71.8 |
Georgia | 2022 | 41.3 % | 57.1 |
India | 2021 | 89.26 % | 89.41 |
Israel | 2022 | 60.9 % | 68 |
Pakistan | 2022 | 89 % | 86 |
South Korea | 2022 | 49.6 % | 46.9 |
Taiwan | 2019 | 28.2 % | 29.3 |
Vietnam | 2022 | 37.1 % | 39.3 |
Maldives | 2022 | 57.9 % | 57.5 |
Armenia | 2022 | 49.27 % | 60.25 |
Hong Kong | 2016 | 38.4 % | 37 |
Indonesia | 2022 | 39.9 % | 41.1 |
Japan | 2022 | 264 % | 262 |
Kazakhstan | 2022 | 24.4 % | 27.4 |
Lebanon | 2020 | 151 % | 172 |
Malaysia | 2022 | 60.4 % | 63.4 |
Philippines | 2022 | 60.9 % | 60.4 |
Qatar | 2022 | 46.9 % | 58.4 |
Singapore | 2022 | 168 % | 160 |
Sri Lanka | 2022 | 114 % | 100 |
Thailand | 2022 | 60.96 % | 59.61 |
Oman | 2022 | 40.2 % | 61.7 |
Iran | 2022 | 34 % | 42.4 |
Laos | 2022 | 68.01 % | 53.81 |
Azerbaijan | 2022 | 11.7 % | 18.2 |
Kuwait | 2022 | 2.9 % | 8.7 |
Saudi Arabia | 2021 | 30 % | 32.5 |
Bahrain | 2022 | 120 % | 128 |
United Arab Emirates | 2021 | 38.3 % | 36.9 |
Yemen | 2022 | 68.66 % | 63.1 |
Turkmenistan | 2022 | 8 % | 11 |
Uzbekistan | 2022 | 36.4 % | 38 |
Iraq | 2022 | 43.3 % | 59.2 |
Syria | 2010 | 30.01 % | 31.21 |
Afghanistan | 2020 | 7.4 % | 6.1 |
Bhutan | 2022 | 125 % | 132 |
Brunei | 2022 | 2.1 % | 2.5 |
Mauritius | 2021 | 86 % | 91.9 |