National debt of the Philippines
Appearance
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of February 2023, the general government debt of the Philippines amounts to ₱13.42 trillion ($246.34 billion).[1]
- Total outstanding debt: ₱13.42 trillion ($246.34 billion) (60.9% of GDP) (December 2022)[1]
- Gross external debt: $111.3 billion (27.5% of GDP) (F.Y. 2021-22)[2][3]
General Government Debt
Fiscal year | Domestic | Foreign | National Government Debt | General Government Debt | % of GDP | GDP |
---|---|---|---|---|---|---|
2005 | 2,164.3 | 1,723.9 | 3,888.2 | 3,359.5 | 56.8% | 5,917.3 |
2006 | 2,154.1 | 1,697.4 | 3,851.5 | 3,230.0 | 49.3% | 6,550.4 |
2007 | 2,201.2 | 1,511.3 | 3,712.5 | 3,044.2 | 42.3% | 7,198.2 |
2008 | 2,414.4 | 1,806.5 | 4,220.9 | 3,406.5 | 49.3% | 8,050.2 |
2009 | 2,470.0 | 1,926.6 | 4,396.6 | 3,555.7 | 42.4% | 8,390.4 |
2010 | 2,718.2 | 2,000.0 | 4,718.2 | 3,854.7 | 41.0% | 9,399.5 |
2011 | 2,873.4 | 2,077.8 | 4,951.2 | 4,020.4 | 39.6% | 10,144.7 |
2012 | 3,468.4 | 1,968.7 | 5,437.1 | 4,288.7 | 38.8% | 11,060.6 |
2013 | 3,733.4 | 1,947.7 | 5,681.2 | 4,529.9 | 37.6% | 12,050.6 |
2014 | 3,820.6 | 1,914.6 | 5,735.2 | 4,602.5 | 34.8% | 13,206.8 |
2015 | 3,884.4 | 2,070.2 | 5,954.5 | 4,828.8 | 34.6% | 13,994.2 |
2016 | 3,934.1 | 2,156.2 | 6,090.3 | 5,016.9 | 33.2% | 15,132.4 |
2017 | 4,441.3 | 2,211.2 | 6,652.5 | 5,778.8 | 34.9% | 16,556.7 |
2018 | 4,776.9 | 2,515.6 | 7,292.5 | 6,280.6 | 34.4% | 18,265.2 |
2019[5] | 5,128.0 | 2,604.0 | 7,731.0 | 39.6% | 19,516.4 | |
2020[5] | 7,077.0 | 2,950.0 | 10,028.0 | 53.9% | 17,938.6 | |
2021[6] | 8,170.4 | 3,558.1 | 11,728.5 | 58.1% | ||
2022[1] | 9,208.4 | 4,210.5 | 13,418.9 | 60.9% |
References
- ^ a b c d e Domingo, Ronnel W. (February 2, 2023). "Philippine debt stock down to P13.42T at end-2022". Philippine Daily Inquirer. Retrieved February 2, 2023.
- ^ "BSP External Debt FAQs" (PDF). Bangko Sentral ng Pilipinas. Archived from the original on March 13, 2023. Retrieved January 1, 2023.
- ^ "Philippines external debt hits record high $111.3 billion in 2022". Philippine Star. Retrieved March 20, 2023.
- ^ "General Government Debt". Department of Finance. Retrieved June 7, 2020.
- ^ a b "Selected Economic and Financial Indicators" (PDF). Bangko Sentral ng Pilipinas. Retrieved January 8, 2021.
- ^ "Philippine debt balloons to new record-high P12.76T as of end-April". GMA News Online. Retrieved June 2, 2022.