Gross debt, General government, Percent of fiscal year GDP in Philippines
Philippines: Gross debt, General government, Percent of fiscal year GDP was 34.79 in 2015. ◆ Volatile
Gross debt, General government, Percent of fiscal year GDP in Philippines, 1948–2015
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of fiscal year gdp in Philippines is 34.79, measured in 2015.
Compared with earlier readings it is down 4.4% on the previous year and down 41.2% over ten years.
Over the whole period, gross debt, general government, percent of fiscal year gdp in Philippines peaked at 79.22 in 1987 and was at its lowest, 9.03, in 1948.
Philippines ranks 134th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, General government, Percent of fiscal year GDP in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1948 | 9.03 | — |
| 1954 | 12.13 | +34.2% |
| 1959 | 16.8 | +38.5% |
| 1960 | 16.58 | -1.3% |
| 1961 | 16.51 | -0.4% |
| 1962 | 12.5 | -24.3% |
| 1963 | 12.69 | +1.5% |
| 1964 | 12.2 | -3.9% |
| 1965 | 13.03 | +6.8% |
| 1966 | 13.17 | +1.1% |
| 1967 | 13.36 | +1.4% |
| 1968 | 13.9 | +4.1% |
| 1969 | 15.02 | +8.1% |
| 1970 | 15.91 | +5.9% |
| 1971 | 15.06 | -5.3% |
| 1972 | 16.57 | +10.0% |
| 1973 | 15.26 | -7.9% |
| 1974 | 13.44 | -11.9% |
| 1975 | 13.05 | -2.9% |
| 1976 | 16.76 | +28.4% |
| 1977 | 19.83 | +18.3% |
| 1978 | 23.1 | +16.5% |
| 1979 | 22.46 | -2.8% |
| 1980 | 24.85 | +10.6% |
| 1981 | 27.56 | +10.9% |
| 1982 | 32.9 | +19.4% |
| 1983 | 43.12 | +31.1% |
| 1984 | 45.78 | +6.2% |
| 1985 | 53.08 | +16.0% |
| 1986 | 77.73 | +46.4% |
| 1987 | 79.22 | +1.9% |
| 1988 | 69.05 | -12.8% |
| 1989 | 62.73 | -9.1% |
| 1993 | 76.08 | +21.3% |
| 1994 | 65.53 | -13.9% |
| 1995 | 62.72 | -4.3% |
| 1996 | 54.73 | -12.7% |
| 1997 | 58.68 | +7.2% |
| 1998 | 51.06 | -13.0% |
| 1999 | 53.58 | +4.9% |
| 2000 | 58.77 | +9.7% |
| 2001 | 58.83 | +0.1% |
| 2002 | 63.26 | +7.5% |
| 2003 | 68.04 | +7.6% |
| 2004 | 65.8 | -3.3% |
| 2005 | 59.17 | -10.1% |
| 2006 | 51.58 | -12.8% |
| 2007 | 44.64 | -13.5% |
| 2008 | 44.17 | -1.1% |
| 2009 | 44.34 | +0.4% |
| 2010 | 43.46 | -2.0% |
| 2011 | 41.41 | -4.7% |
| 2012 | 40.61 | -1.9% |
| 2013 | 39.26 | -3.3% |
| 2014 | 36.4 | -7.3% |
| 2015 | 34.79 | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 9.03 | 9.03 | 9.03 | 1 |
| 1950s | 14.46 | 12.13 | 16.8 | 2 |
| 1960s | 13.9 | 12.2 | 16.58 | 10 |
| 1970s | 17.14 | 13.05 | 23.1 | 10 |
| 1980s | 51.6 | 24.85 | 79.22 | 10 |
| 1990s | 60.34 | 51.06 | 76.08 | 7 |
| 2000s | 55.86 | 44.17 | 68.04 | 10 |
| 2010s | 39.32 | 34.79 | 43.46 | 6 |
Countries ranked near Philippines
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 2.87 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 333.31 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -2.33 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0201 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 2.25 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is gross debt, general government, percent of fiscal year gdp in Philippines?
- Gross debt, general government, percent of fiscal year gdp in Philippines was 34.79 in 2015, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of fiscal year gdp recorded in Philippines?
- The highest recorded value was 79.22 in 1987.
- What is the lowest gross debt, general government, percent of fiscal year gdp recorded in Philippines?
- The lowest recorded value was 9.03 in 1948.
- How does Philippines rank for gross debt, general government, percent of fiscal year gdp?
- Philippines ranks 134th out of 188 countries with data for 2015.
- Is gross debt, general government, percent of fiscal year gdp rising or falling in Philippines?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of fiscal year GDP. Statizoid updates them automatically from the source API.
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About this data
The Historical Public Debt Database contains unbalanced panel data on Gross Domestic Product, Gross Government Debt, and Debt to GDP Ratio for 187 countries. The series spans the years 1800 through 2015 although each country’s data depends on its date of independence and data availability.