Thenational debt of the Philippines is the total debt, or unpaid borrowed funds, carried by thenational government of the Philippines. As of the end of October 2024, the total national debt of the Philippines amounts to ₱15.1889 trillion ($273.9 billion).[1]
₱16.02 trillion ($276.27 billion) (61.3% of GDP) (October 2024)[1] $111.3 billion (27.5% of GDP) (F.Y. 2021-22)[2][3] |
| Fiscal year | Domestic | Foreign | National Government Debt | General Government Debt | % of GDP | GDP |
|---|---|---|---|---|---|---|
| 2005 |  2,164.3 | 1,723.9 | 3,888.2 | 3,359.5 | 56.8% | 5,917.3 |
| 2006 |  2,154.1 | 1,697.4 | 3,851.5 | 3,230.0 | 49.3% |  6,550.4 |
| 2007 | 2,201.2 | 1,511.3 | 3,712.5 | 3,044.2 | 42.3% | 7,198.2 |
| 2008 | 2,414.4 | 1,806.5 | 4,220.9 | 3,406.5 | 49.3% | 8,050.2 |
| 2009 | 2,470.0 | 1,926.6 | 4,396.6 | 3,555.7 | 42.4% | 8,390.4 |
| 2010 | 2,718.2 | 2,000.0 | 4,718.2 | 3,854.7 | 41.0% | 9,399.5 |
| 2011 | 2,873.4 | 2,077.8 | 4,951.2 | 4,020.4 | 39.6% | 10,144.7 |
| 2012 | 3,468.4 | 1,968.7 | 5,437.1 | 4,288.7 | 38.8% | 11,060.6 |
| 2013 | 3,733.4 | 1,947.7 | 5,681.2 | 5,012.0 | 37.6% | 12,050.6 |
| 2014 | 3,820.6 | 1,914.6 | 5,735.2 | 5,099.3 | 34.8% | 13,206.8 |
| 2015 | 3,884.4 | 2,070.2 | 5,954.5 | 5,338.2 | 34.6% | 13,994.2 |
| 2016 | 3,934.1 | 2,156.2 | 6,090.3 | 5,547.8 | 33.2% | 15,132.4 |
| 2017 | 4,441.3 | 2,211.2 | 6,652.4 | 6,221.4 | 34.9% | 16,556.7 |
| 2018 | 4,776.9 | 2,515.6 | 7,292.5 | 6,887.3 | 34.4% | 18,265.2 |
| 2019[5] | 5,128.0 | 2,604.0 | 7,731.3 | 7,227.7 | 39.6% | 19,516.4 |
| 2020[5] | 7,077.0 | 2,950.0 | 9,795.0 | 9,269.2 | 53.9% |  17,937.6 |
| 2021[6] | 8,170.4 | 3,558.1 | 11,728.5 | 11,167.6 | 58.1% | 19,390 |
| 2022 | 9,208.4 | 4,210.5 | 13,418.9 | 12,887.9 | 60.9% | 22,023 |
| 2023 | 9,700.0 | 4,450.0 | 14,150.0 | 58.3% | 24,276 |
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