Outstanding domestic public debt securities to GDP (%) in Philippines
Philippines: Outstanding domestic public debt securities to GDP (%) was 38.4% in 2020. ▬ Flat
Outstanding domestic public debt securities to GDP in Philippines, 2009–2020
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
| 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% |
Philippines compared with similar countries
- Philippines's 38.4% is below the median for upper middle income countries, which is 39.6%, 97% of the median. (12 countries reporting)
- Philippines's 38.4% is below the median for East Asia & Pacific, which is 47.9%, 80% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Philippines
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (2025)
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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About this data
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.