Claims on central government, etc. (% GDP) in Philippines

Philippines: Claims on central government, etc. (% GDP) was 32.6% in 2025. ◆ Volatile

Latest (2025)
32.6%
Change on year
up 7.3%
World rank
19th
of 187 countries
All-time high
32.6%
in 2025
All-time low
-2.2%
in 1992
Years of data
66
1960–2025

Claims on central government, etc. in Philippines, 1960–2025

0102030196019922025

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 187 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. (% GDP) in Philippines, year by year

Annual values for Claims on central government, etc. (% GDP) in Philippines, 1960 to 2025.
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%

Philippines compared with similar countries

  • Philippines's 32.6% is above the median for upper middle income countries, which is 8.6%, 3.8× the median. (55 countries reporting)
  • Philippines's 32.6% is above the median for East Asia & Pacific, which is 5.7%, 5.7× the median. (26 countries reporting)

Biggest year-on-year movements

Years where Claims on central government, etc. (% GDP) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1975 +10562.6% -0.0% 0.7%
1993 +734.5% -2.2% 14.1%
1991 -527.0% 0.3% -1.4%
1990 +333.9% -0.1% 0.3%

Averages by decade

DecadeAverage LowestHighest 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

  1. 16 Lebanon 37.1% compare
  2. 17 Pakistan 36.0% compare
  3. 18 Brunei 33.3% compare
  4. 20 Qatar 31.6% compare
  5. 21 Bolivia 29.8% compare
  6. 22 France 29.0% compare

See the full ranking of 234 places →

More financial sector data for Philippines

All data for Philippines →

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 187 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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Claims on central government, etc. in Philippines. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 12 October 2026, from https://financial-sector.statizoid.com/stat/claims-on-central-government-etc-percent-gdp/philippines/

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About this data

Indicator
Claims on central government, etc. (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,512 data points, 1960–2025
Last refreshed

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.