National debt of the Philippines

From Wikipedia, the free encyclopedia

Comparative graph of total national debt from 2001–2010.

The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of November 2020, the general government debt of the Philippines amounts to ₱10.13 trillion ($210,709,166,300). The debt-to-GDP ratio, which reflects the ability to pay obligations, will jump from 39.6 percent in 2019 to 53.9 percent in 2020 and 58.1 percent in 2021.[1]

  • Domestic debt: Negative increase ₱7.19 trillion ($149,555,666,900) (November 2020)[1]
  • External debt: Positive decrease ₱2.94 trillion ($61,153,499,400) (November 2020)[1]
  • Total debt: Negative increase ₱10.13 trillion ($210,709,166,300) (November 2020)[1]

General Government Debt[]

General Government Debt of the Philippines in billions of pesos[2]
Fiscal year Domestic Foreign National Government Debt General Government Debt % of GDP GDP
2005 Steady 2,164.3 Steady 1,723.9 Steady 3,888.2 Steady 3,359.5 Steady 56.8% Steady 5,917.3
2006 Positive decrease 2,154.1 Positive decrease 1,697.4 Positive decrease 3,851.5 Positive decrease 3,230.0 Positive decrease 49.3% Increase 6,550.4
2007 Negative increase 2,201.2 Positive decrease 1,511.3 Positive decrease 3,712.5 Positive decrease 3,044.2 Positive decrease 42.3% Increase 7,198.2
2008 Negative increase 2,414.4 Negative increase 1,806.5 Negative increase 4,220.9 Negative increase 3,406.5 Positive decrease 49.3% Increase 8,050.2
2009 Negative increase 2,470.0 Negative increase 1,926.6 Negative increase 4,396.6 Negative increase 3,555.7 Positive decrease 42.4% Increase 8,390.4
2010 Negative increase 2,718.2 Negative increase 2,000.0 Negative increase 4,718.2 Negative increase 3,854.7 Positive decrease 41.0% Increase 9,399.5
2011 Negative increase 2,873.4 Negative increase 2,077.8 Negative increase 4,951.2 Negative increase 4,020.4 Positive decrease 39.6% Increase 10,144.7
2012 Negative increase 3,468.4 Positive decrease 1,968.7 Negative increase 5,437.1 Negative increase 4,288.7 Positive decrease 38.8% Increase 11,060.6
2013 Negative increase 3,733.4 Positive decrease 1,947.7 Negative increase 5,681.2 Negative increase 4,529.9 Positive decrease 37.6% Increase 12,050.6
2014 Negative increase 3,820.6 Positive decrease 1,914.6 Negative increase 5,735.2 Negative increase 4,602.5 Positive decrease 34.8% Increase 13,206.8
2015 Negative increase 3,884.4 Negative increase 2,070.2 Negative increase 5,954.5 Negative increase 4,828.8 Positive decrease 34.6% Increase 13,994.2
2016 Negative increase 3,934.1 Negative increase 2,156.2 Negative increase 6,090.3 Negative increase 5,016.9 Positive decrease 33.2% Increase 15,132.4
2017 Negative increase 4,441.3 Negative increase 2,211.2 Negative increase 6,652.5 Negative increase 5,778.8 Negative increase 34.9% Increase 16,556.7
2018 Negative increase 4,776.9 Negative increase 2,515.6 Negative increase 7,292.5 Negative increase 6,280.6 Positive decrease 34.4% Increase 18,265.2
2019[3] Negative increase 5,128.0 Negative increase 2,604.0 Negative increase 7,731.0 Negative increase 39.6% Increase 19,516.4
2020[3] Negative increase 7,077.0 Negative increase 2,950.0 Negative increase 10,028.0 Negative increase 53.9% Decrease 17,938.6
2021 Negative increase 58.1%

References[]

  1. ^ a b c d "Gov't debt burden swells to P10.13T". Inquirer.net. January 7, 2021. Retrieved January 7, 2021.
  2. ^ "General Government Debt". Department of Finance. Retrieved June 7, 2020.
  3. ^ a b "Selected Economic and Financial Indicators" (PDF). Bangko Sentral ng Pilipinas. Retrieved January 8, 2021.
Retrieved from ""