Philippines recorded a Government Debt to GDP of 63.20 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Philippines averaged 55.89 percent of GDP from 1990 until 2025, reaching an all time high of 74.90 percent of GDP in 1993 and a record low of 39.60 percent of GDP in 2019. source: Bureau of the Treasury, Philippines

Government Debt to GDP in Philippines is expected to reach 61.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Government Debt to GDP is projected to trend around 60.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 303477.00 617426.00 PHP Million Jan 2026
Budget Balance 165374.00 -313173.00 PHP Million Jan 2026
Government Debt to GDP 63.20 60.70 percent of GDP Dec 2025
Government Revenues 468851.00 304253.00 PHP Million Jan 2026


Philippines Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
63.20 60.70 74.90 39.60 1990 - 2025 percent of GDP Yearly