Philippines recorded a Government Debt to GDP of 60.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Philippines Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines PH: External Debt: DIS: Disbursements: Long-Term and IMF data was reported at 7.446 USD bn in 2017. This records an increase from the previous number of 4.068 USD bn for 2016. Philippines PH: External Debt: DIS: Disbursements: Long-Term and IMF data is updated yearly, averaging 3.165 USD bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 16.466 USD bn in 2014 and a record low of 318.214 USD mn in 1971. Philippines PH: External Debt: DIS: Disbursements: Long-Term and IMF data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: External Debt: Disbursements and Interest Payment. Disbursements are drawings by the borrower on loan commitments during the year specified. This item includes disbursements on long-term debt and IMF purchases. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. IMF purchases are total drawings on the General Resources Account of the IMF during the year specified, excluding drawings in the reserve tranche. To maintain comparability between data on transactions with the IMF and data on long-term debt, use of IMF credit outstanding at the end of year (stock) is converted to dollars at the SDR exchange rate in effect at the end of year. Purchases are converted at the average SDR exchange rate for the year in which transactions take place. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Philippines PH: External Debt: AMT: Principal Repayments: Long-Term and IMF Repurchases data was reported at 7.161 USD bn in 2016. This records an increase from the previous number of 4.660 USD bn for 2015. Philippines PH: External Debt: AMT: Principal Repayments: Long-Term and IMF Repurchases data is updated yearly, averaging 2.443 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 9.365 USD bn in 2006 and a record low of 263.608 USD mn in 1970. Philippines PH: External Debt: AMT: Principal Repayments: Long-Term and IMF Repurchases data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank: External Debt: Amortization. Principal repayments are actual amounts of principal (amortization) paid by the borrower in currency, goods, or services in the year specified. This item includes principal repayments on long-term debt and IMF repurchases. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. IMF repurchases are total repayments of outstanding drawings from the General Resources Account during the year specified, excluding repayments due in the reserve tranche. To maintain comparability between data on transactions with the IMF and data on long-term debt, use of IMF credit outstanding at the end of year (stock) is converted to dollars at the SDR exchange rate in effect at the end of year. Repurchases (flows) are converted at the average SDR exchange rate for the year in which transactions take place. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Philippines PH: External Debt: Stock: Reduction data was reported at 0.000 USD mn in 2017. This stayed constant from the previous number of 0.000 USD mn for 2016. Philippines PH: External Debt: Stock: Reduction data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 2.259 USD bn in 1992 and a record low of 0.000 USD mn in 2017. Philippines PH: External Debt: Stock: Reduction data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: External Debt: Arrears and Reschedulings. Debt stock reductions show the amount that has been netted out of the stock of debt using debt conversion schemes such as buybacks and equity swaps or the discounted value of long-term bonds that were issued in exchange for outstanding debt. It includes the effect of any financial operation that will reduce the debt stock other than debt stock restructuring, repayment of principal and debt forgiven. In particular, debt stock reduction will include the face value of debt bought back, the face value of debt swapped for equity (or 'nature' or 'development'), any face value reduction that might result as the consequence of a bond exchange, and any face value reduction resulting from an exchange of debt for discount bonds. Data are in current U.S. dollars.; ; World Bank, International Debt Statistics.; Sum;

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from ** percent inflation in Myanmar to **** percent inflation in Thailand in 2025. Only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.