Philippines External Debt
Philippines external debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 26.26%.
Philippines · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
Philippines · external debt data as percent of GDP.
Countries by external debt
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Countries, indicators and comparisons
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Philippines recorded 26.26% for External Debt in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.59 percentage points, from 25.67% to 26.26%.
The latest observation is above the average of the last 10 available observations (23.50%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 20.18% in 2017 and the high was 26.26% in 2024.