Philippines Debt to GDP Ratio 1990-2024
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
- Philippines debt to gdp ratio for 2014 was 43.43%, a 3.72% decline from 2013.
- Philippines debt to gdp ratio for 2013 was 47.14%, a 2.01% decline from 2012.
- Philippines debt to gdp ratio for 2012 was 49.16%, a 0.35% increase from 2011.
- Philippines debt to gdp ratio for 2011 was 48.81%, a 1.39% decline from 2010.
Philippines Debt to GDP Ratio - Historical Data |
Year |
Government Debt as % of GDP |
Annual Change |
2014 |
43.43% |
-3.72% |
2013 |
47.14% |
-2.01% |
2012 |
49.16% |
0.35% |
2011 |
48.81% |
-1.39% |
2010 |
50.20% |
-2.20% |
2009 |
52.40% |
-0.03% |
2008 |
52.43% |
0.86% |
2007 |
51.57% |
-7.22% |
2006 |
58.80% |
-6.91% |
2005 |
65.71% |
-5.89% |
2004 |
71.60% |
0.48% |
2003 |
71.12% |
6.40% |
2002 |
64.72% |
5.45% |
2001 |
59.26% |
0.66% |
2000 |
58.60% |
5.76% |
1999 |
52.83% |
-5.45% |
1998 |
58.28% |
9.58% |
1997 |
48.70% |
2.14% |
1996 |
46.56% |
-6.91% |
1995 |
53.47% |
4.05% |
1994 |
49.42% |
-9.41% |
1993 |
58.83% |
12.56% |
1992 |
46.27% |
2.68% |
1991 |
43.59% |
-1.42% |
1990 |
45.01% |
-1.42% |