Philippines recorded a government debt equivalent to 41.50 percent of the country's Gross Domestic Product in 2019.
Government Debt to GDP in Philippines averaged 55.27 percent from 1990 until 2019, reaching an all time high of 74.90 percent in 1993 and a record low of 41.50 percent in 2019. This page provides - Philippines Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Debt to GDP - values, historical data and charts - was last updated on October of 2020. source: Bureau of the Treasury, Philippines
Government Debt to GDP in Philippines is expected to reach 55.00 percent by the end of 2020, 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 45.00 percent in 2021 and 40.00 percent in 2022, according to our econometric models.