Makrognosis

Philippines Government Debt to GDP

AnnualNot seasonally adjustedCode PH.GOVDEBT.A.NSA

Latest63.2%2025
Previous60.7%2024
Year ago60.7%2024

Philippines Government Debt to GDP was 63.2% in 2025, up 2.5 percentage points from 2024.

Philippines Government Debt to GDP (% of GDP), 2021 – 202560%61%62%63%20212022202320242025Robomacro
Philippines Government Debt to GDP (% of GDP), 2021 – 2025. Source: Philippines Bureau of the Treasury.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
202563.2%
202460.7%
202360.1%
202260.9%
202160.4%

Last 5 observations. The full history (5 observations) is available through the API.

Get Philippines Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PH.GOVDEBT.A.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PH.GOVDEBT.A.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation2025
First observation2021
Observations5
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high63.2% (2025)
10-year low60.1% (2023)
10-year average61.1%
Source agencyPhilippines Bureau of the Treasury
Makrognosis codePH.GOVDEBT.A.NSA

Other Philippines indicators

Philippines GDP (Gross Domestic Product)Philippines Inflation Rate (CPI)Philippines Core Inflation RatePhilippines Unemployment RatePhilippines Credit Rating & Sovereign Risk ScorePhilippines Industrial ProductionPhilippines Producer Price Inflation (PPI)Philippines Trade Balance: Goods & ServicesPhilippines Exports of goods, FOB (PSA OpenSTAT IMTS 0012L4DFTS0), USD millionPhilippines Imports of goods, CIF (PSA OpenSTAT IMTS 0012L4DFTS0), USD millionPhilippines BSP Target Reverse Repurchase Rate (policy rate)Philippines CMWPI All Items NCR (2018=100, PSA)Philippines GDP in US DollarsPhilippines Labor Force Participation RatePhilippines PHP per USD, monthly average (BSP reference rate)Philippines Philippine Peso per US Dollar

FAQ

What is the current government Debt to GDP in Philippines?
The latest reading is 63.2% for 2025, published by Philippines Bureau of the Treasury.
Where does this data come from?
It is collected directly from Philippines Bureau of the Treasury and is available through the Makrognosis API under the code PH.GOVDEBT.A.NSA.

Last updated 2026-08-13. Source: Philippines Bureau of the Treasury. Original title: “Philippines national government outstanding debt, % of GDP (BTr Debt Indicator)”.