Philippines government debt to gdp

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Philippines government debt to gdp: 60.1 (-1.31%)
Last Update: December 31, 2023

Philippines government debt to gdp closed down 60.1 as of December 31, 2023 from 60.9 from the previous month and 51 from last year.


Philippines government debt to gdp Analytics & Data




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Philippines government debt to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Philippines government debt to gdp

Date Values
2023-12-31 60.1
2022-12-31 60.9
2021-12-31 60.4
2020-12-31 54.6
2019-12-31 41.5
2018-12-31 41.8
2017-12-31 42.1
2016-12-31 42.1
2015-12-31 44.7
2014-12-31 45.4
2013-12-31 49.2
2012-12-31 51.5
2011-12-31 51
2010-12-31 52.4
2009-12-31 54.8
2008-12-31 54.7
2007-12-31 51.4
2006-12-31 55.4
2005-12-31 62.8
2004-12-31 69.7
2003-12-31 71.4
2002-12-31 66.5
2001-12-31 62.8
2000-12-31 62.1

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Philippines government debt to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
government debt to gdp ph.govdebtgdp 60.1 60.9 -1 18 UP UP 0 2023-12-31

Philippines government debt to gdp Quantitative Analysis, Charts & Factors

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Philippines government debt to gdp Historical Data

The MacroVar database offers free access to historical data for the Philippines government debt to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines government debt to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines government debt to gdp

The Philippines government debt to GDP ratio is a measure of the country's overall debt relative to its economic output. It is calculated by dividing the total amount of government debt by the country's GDP and multiplying by 100 to get a percentage. A high debt to GDP ratio indicates that the government may have difficulty repaying its debts and may be at risk of defaulting. However, a moderate level of government debt can be sustainable if the economy is growing and able to generate enough revenue to cover the debt payments. The Philippines has had a relatively stable debt to GDP ratio in recent years, indicating a manageable level of government debt.

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