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Philippines Debt / GDP
56.6%as of 2024
Philippines's debt / gdp stands at 56.6% as of 2024. The indicator has increased from 40.3% in 2014 to 56.6% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Debt / GDP — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 40.3% | — |
| 2015 | 39.7% | -0.6pp |
| 2016 | 37.4% | -2.3pp |
| 2017 | 38.1% | +0.7pp |
| 2018 | 37.1% | -1.0pp |
| 2019 | 37% | -0.1pp |
| 2020 | 51.6% | +14.6pp |
| 2021 | 57% | +5.4pp |
| 2022 | 57.4% | +0.4pp |
| 2023 | 56.5% | -0.9pp |
| 2024 | 56.6% | +0.1pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.