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Philippines National Debt Clock

General government gross debt, live estimate

$301,359,774,743

Grows by about $496 every second in 2026 · 60.5% of GDP

Source: IMF World Economic Outlook, DataMapper API, retrieved 2026-11-11. US dollars at IMF exchange rates.

Debt to GDP
60.5%
+1.4 pp vs 2025
Debt per citizen
$2,638
115.1 million people
GDP
$501.7 billion
2026, current US dollars
Debt to GDP in 2031
56.4%
IMF projection

Philippines debt to GDP, 2000–2031

Gross government debt as a share of the economy. Hover a bar for the exact value.

0% 25% 50% 75% 2000: 59.2% of GDP 2001: 59.5% of GDP 2002: 65.2% of GDP 2003: 71.4% of GDP 2004: 71.1% of GDP 2005: 64.7% of GDP 2006: 57.2% of GDP 2007: 50.2% of GDP 2008: 50% of GDP 2009: 49.8% of GDP 2010: 47.6% of GDP 2011: 45.4% of GDP 2012: 45.7% of GDP 2013: 43.9% of GDP 2014: 40.3% of GDP 2015: 39.7% of GDP 2016: 37.4% of GDP 2017: 38.1% of GDP 2018: 37.1% of GDP 2019: 37% of GDP 2020: 51.6% of GDP 2021: 57% of GDP 2022: 57.4% of GDP 2023: 56.5% of GDP 2024: 56.6% of GDP 2025: 59.1% of GDP 2026: 60.5% of GDP (IMF projection) 2027: 60.5% of GDP (IMF projection) 2028: 60.4% of GDP (IMF projection) 2029: 59.7% of GDP (IMF projection) 2030: 58.2% of GDP (IMF projection) 2031: 56.4% of GDP (IMF projection) 2000200520102015202020252030
Reported and estimated IMF projection

How Philippines compares in Asia-Pacific

Countries with the closest debt to GDP ratio in 2026.

CountryDebt to GDPDebt
Pakistan 69.8% $314.2 billion
Malaysia 69.2% $378.6 billion
Thailand 67.2% $402.6 billion
Philippines 60.5% $303.5 billion
New Zealand 57.1% $156.1 billion
Australia 52.6% $1.11 trillion
South Korea 47.3% $1.06 trillion
All 80 countries →

Philippines's debt in perspective

  • It would buy 66,968 Lamborghini Venenos at $4.5 million each.
  • Laid end to end, the debt in $100 bills would wrap around the Earth 11 times.
  • Spending $1,000,000 a day, it would take 825 years and 0 months to spend it all.

Frequently asked questions

What is the national debt of Philippines?

Philippines's general government gross debt is about $301.4 billion right now. The IMF expects $303.5 billion by the end of 2026, up from $287.9 billion at the end of 2025.

What is Philippines's debt to GDP ratio?

60.5% of GDP in 2026, compared with 59.1% in 2025. The IMF projects 56.4% by 2031.

How much debt is there per person in Philippines?

About $2,638 per citizen, based on a population of 115.1 million.

Is Philippines's national debt growing?

Yes. In 2026 it grows by about $496 every second.

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