Outstanding domestic public debt securities to GDP in Philippines

Philippines: Outstanding domestic public debt securities to GDP was 38.4% in 2020. ▬ Flat

Latest (2020)
38.4%
Change on year
up 43.1%
World rank
21st
of 32 countries
All-time high
38.4%
in 2020
All-time low
24.9%
in 2016
Years of data
12
2009–2020

Outstanding domestic public debt securities to GDP in Philippines, 2009–2020

0102030402009201420202009: 30.3 %2010: 29.8 %2011: 27.9 %2012: 32.3 %2013: 29.6 %2014: 28.6 %2015: 27.1 %2016: 24.9 %2017: 27.1 %2018: 26.2 %2019: 26.9 %2020: 38.4 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

Philippines recorded 38.4% for outstanding domestic public debt securities to gdp in 2020. That is the highest value across all 12 years on record.

The figure is up 43.1% on the previous year and up 29.0% over ten years.

Over the whole period, outstanding domestic public debt securities to gdp in Philippines peaked at 38.4% in 2020 and was at its lowest, 24.9%, in 2016.

That places Philippines 21st out of 32 countries with data for 2020, putting it in the middle of the range.

Outstanding domestic public debt securities to GDP in Philippines, year by year

Annual values for Outstanding domestic public debt securities to GDP (%) in Philippines, 2009 to 2020.
Year % Change
2009 30.3%
2010 29.8% -1.5%
2011 27.9% -6.4%
2012 32.3% +15.7%
2013 29.6% -8.3%
2014 28.6% -3.2%
2015 27.1% -5.5%
2016 24.9% -8.0%
2017 27.1% +8.9%
2018 26.2% -3.3%
2019 26.9% +2.4%
2020 38.4% +43.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.3% 30.3% 30.3% 1
2010s 28.0% 24.9% 32.3% 10
2020s 38.4% 38.4% 38.4% 1

Countries ranked near Philippines

  1. 18 Thailand 40.1% compare
  2. 19 Mexico 39.9% compare
  3. 20 Colombia 39.3% compare
  4. 22 Iceland 36.4% compare
  5. 23 Taiwan, China 30.6% compare
  6. 24 Indonesia 26.1% compare

See the full ranking of 32 places →

More financial sector data for Philippines

All data for Philippines →

Frequently asked questions

What is outstanding domestic public debt securities to gdp in Philippines?
Outstanding domestic public debt securities to gdp in Philippines was 38.4% in 2020, according to Bank for International Settlements (BIS).
What is the highest outstanding domestic public debt securities to gdp recorded in Philippines?
The highest recorded value was 38.4% in 2020.
What is the lowest outstanding domestic public debt securities to gdp recorded in Philippines?
The lowest recorded value was 24.9% in 2016.
How does Philippines rank for outstanding domestic public debt securities to gdp?
Philippines ranks 21st out of 32 countries with data for 2020.
Is outstanding domestic public debt securities to gdp rising or falling in Philippines?
Over the last ten years it is up 29.0%. The long-run trend across the full record is flat.
Where does this Philippines data come from?
The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.

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Outstanding domestic public debt securities to GDP in Philippines. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 03 September 2026, from https://financial-sector.statizoid.com/stat/outstanding-domestic-public-debt-securities-to-gdp-percent/philippines/

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About this data

Indicator
Outstanding domestic public debt securities to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 728 data points, 1980–2020
Last refreshed

Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.