Philippines recorded a government debt equivalent to 41.90 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Philippines averaged 55.76 percent from 1990 until 2018, reaching an all time high of 74.90 percent in 1993 and a record low of 41.90 percent in 2018. This page provides - Philippines Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bureau of the Treasury, Philippines

Government Debt to GDP in Philippines is expected to be 40.00 percent by the end of this quarter, 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 38.00 percent in 2020, according to our econometric models.

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Philippines Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
41.90 42.10 74.90 41.90 1990 - 2018 percent Yearly

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.

Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 42.10 74.90 41.90 percent [+]
Government Budget -3.20 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -60900.00 -49262.00 86872.00 -178557.00 PHP Million [+]
Government Spending 280571.37 272139.90 328018.80 62728.31 PHP Million [+]
Government Revenues 304749.00 261553.00 317236.00 81.00 PHP Million [+]
Fiscal Expenditure 365632.00 310815.00 415085.00 107.00 PHP Million [+]
Credit Rating 60.00 [+]
Military Expenditure 3753.00 3755.00 4223.00 513.00 USD Million [+]