Government Debt to GDP in Philippines averaged 55.15 percent of GDP from 1990 until 2020, reaching an all time high of 74.90 percent of GDP in 1993 and a record low of 39.60 percent of GDP 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 July of 2021.
Government Debt to GDP in Philippines is expected to reach 53.00 percent of GDP by the end of 2021, 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 54.00 percent of GDP in 2022, according to our econometric models.