24Peaks / Asia / Philippines / Government Debt

Philippines - Government Debt 57.06

IMF Global Debt Database · updated 2026-10-03 · 88 economies tracked

Latest value

57.06 (2024)

Global rank

##53 of 88 economies

Share of global total

1.1%

Growth since 1950

5.24×

Ranking Race — Government Debt

1 = global #1 · lower value ranks higher

#1#12#23#34#45#56#67195019651980199520102024#1#532022 overtook Kyrgyz Republic2024 overtook St. Kitts and Nevis
PhilippinesTurkmenistanKiribatiMicronesia, Fed. Sts.Marshall Islands

Real annual global ranks, 1950 - 2024. Philippines climbed from #1 to #53 (overtook Kyrgyz Republic). Gaps in a lane = missing data that year.

Key events for Philippines ↓

Key Events — Philippines

Auto-detected from rank data + curated milestones

2022
Overtook Kyrgyz Republic in global rank auto
2024
Overtook St. Kitts and Nevis in global rank auto

Government Debt, 1950-2024

IMF Global Debt Database · % of GDP · linear scale · ranking in the race above
1950196519801995201020249.7430.2950.8471.39
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