Philippines Government Debt Over Time (1993–2026)

Global Statistics and Country Indicators

Government Gross Debt (% of GDP)

Global rank: 76 / 184

Data table

1993	73.9%	2005	64.7%	2016	37.4%
1994	63.6%	2006	57.2%	2017	38.1%
1995	60.8%	2007	50.2%	2018	37.1%
1996	53.1%	2008	50%	2019	37%
1997	56.9%	2009	49.8%	2020	51.6%
1998	50.8%	2010	47.6%	2021	57%
1999	54.2%	2011	45.4%	2022	57.4%
2000	59.2%	2012	45.7%	2023	56.5%
2001	59.5%	2013	43.9%	2024	56.6%
2002	65.2%	2014	40.3%	2025	59.4%
2003	71.4%	2015	39.7%	2026	60.2%
2004	71.1%

Government Gross Debt (Local currency - PHP)

Data table

1993	1.24T	2005	3.83T	2016	5.66T
1994	1.23T	2006	3.75T	2017	6.31T
1995	1.32T	2007	3.61T	2018	6.78T
1996	1.32T	2008	4.03T	2019	7.22T
1997	1.58T	2009	4.18T	2020	9.27T
1998	1.55T	2010	4.47T	2021	11.06T
1999	1.81T	2011	4.61T	2022	12.64T
2000	2.19T	2012	5.05T	2023	13.73T
2001	2.39T	2013	5.29T	2024	14.98T
2002	2.84T	2014	5.32T	2025	16.63T
2003	3.37T	2015	5.53T	2026	18.21T
2004	3.78T

Government Net Debt (% of GDP)

Data table

Government Net Debt (Local currency - PHP)

Data table