Claims on central government, etc. in Philippines
Philippines: Claims on central government, etc. was 32.6% in 2025. ◆ Volatile
Claims on central government, etc. in Philippines, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, claims on central government, etc. in Philippines stood at 32.6%. That is the highest value across all 66 years on record.
The figure is up 7.3% on the previous year and up 260.0% over ten years.
Over the whole period, claims on central government, etc. in Philippines peaked at 32.6% in 2025 and was at its lowest, -2.2%, in 1992.
That places Philippines 19th out of 186 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government, etc. in Philippines, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 3.7% | — |
| 1961 | 4.1% | +11.0% |
| 1962 | 2.9% | -29.3% |
| 1963 | 2.9% | +1.0% |
| 1964 | 2.9% | -1.8% |
| 1965 | 2.0% | -29.7% |
| 1966 | 2.7% | +33.7% |
| 1967 | 2.8% | +5.7% |
| 1968 | 3.5% | +21.2% |
| 1969 | 5.3% | +52.6% |
| 1970 | 4.4% | -16.2% |
| 1971 | 3.8% | -12.8% |
| 1972 | 3.4% | -10.5% |
| 1973 | 1.4% | -59.0% |
| 1974 | -0.0% | -100.5% |
| 1975 | 0.7% | -10562.6% |
| 1976 | 1.6% | +116.4% |
| 1977 | 2.5% | +55.4% |
| 1978 | 2.5% | -0.4% |
| 1979 | 2.1% | -14.9% |
| 1980 | 2.3% | +7.2% |
| 1981 | 3.6% | +59.7% |
| 1982 | 6.1% | +67.9% |
| 1983 | 5.7% | -6.4% |
| 1984 | 4.0% | -29.3% |
| 1985 | 3.5% | -12.3% |
| 1986 | 6.6% | +86.1% |
| 1987 | 1.2% | -82.2% |
| 1988 | -0.2% | -113.8% |
| 1989 | -0.1% | -15.4% |
| 1990 | 0.3% | -333.9% |
| 1991 | -1.4% | -527.0% |
| 1992 | -2.2% | +61.9% |
| 1993 | 14.1% | -734.5% |
| 1994 | 14.0% | -0.6% |
| 1995 | 13.4% | -4.0% |
| 1996 | 12.9% | -4.1% |
| 1997 | 14.9% | +15.8% |
| 1998 | 13.2% | -11.4% |
| 1999 | 13.1% | -0.6% |
| 2000 | 12.7% | -3.4% |
| 2001 | 14.7% | +15.6% |
| 2002 | 15.5% | +5.6% |
| 2003 | 14.6% | -5.5% |
| 2004 | 15.6% | +7.0% |
| 2005 | 12.2% | -21.9% |
| 2006 | 11.7% | -4.1% |
| 2007 | 11.0% | -5.9% |
| 2008 | 11.1% | +1.1% |
| 2009 | 11.7% | +4.9% |
| 2010 | 12.0% | +2.6% |
| 2011 | 11.4% | -4.6% |
| 2012 | 8.6% | -24.8% |
| 2013 | 7.9% | -8.4% |
| 2014 | 8.5% | +7.4% |
| 2015 | 9.0% | +6.8% |
| 2016 | 10.6% | +17.1% |
| 2017 | 17.8% | +67.9% |
| 2018 | 17.2% | -3.2% |
| 2019 | 19.8% | +15.1% |
| 2020 | 26.4% | +33.1% |
| 2021 | 28.1% | +6.3% |
| 2022 | 29.0% | +3.4% |
| 2023 | 30.6% | +5.5% |
| 2024 | 30.3% | -0.9% |
| 2025 | 32.6% | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.3% | 2.0% | 5.3% | 10 |
| 1970s | 2.3% | -0.0% | 4.4% | 10 |
| 1980s | 3.3% | -0.2% | 6.6% | 10 |
| 1990s | 9.2% | -2.2% | 14.9% | 10 |
| 2000s | 13.1% | 11.0% | 15.6% | 10 |
| 2010s | 12.3% | 7.9% | 19.8% | 10 |
| 2020s | 29.5% | 26.4% | 32.6% | 6 |
Countries ranked near Philippines
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
Frequently asked questions
- What is claims on central government, etc. in Philippines?
- Claims on central government, etc. in Philippines was 32.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Philippines?
- The highest recorded value was 32.6% in 2025.
- What is the lowest claims on central government, etc. recorded in Philippines?
- The lowest recorded value was -2.2% in 1992.
- How does Philippines rank for claims on central government, etc.?
- Philippines ranks 19th out of 186 countries with data for 2025.
- Is claims on central government, etc. rising or falling in Philippines?
- Over the last ten years it is up 260.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.