Key information about Philippines National Government Debt

• Philippines National Government Debt reached 300.7 USD bn in Sep 2025, compared with 306.0 USD bn in the previous month.
• Philippines National Government Debt data is updated monthly, available from Jan 1993 to Sep 2025.
• The data reached an all-time high of 306.5 USD bn in Jul 2025 and a record low of 32.7 USD bn in Oct 1993.

• In the latest reports, Philippines Consolidated Fiscal Balance recorded a deficit equal to 6.0 % of its Nominal GDP in Sep 2025.
• The country's Government debt accounted for 63.1 % of its Nominal GDP in Sep 2025.
• Philippines Nominal GDP reached 114.9 USD bn in Sep 2025.

The Fiscal Monitor surveys and analyzes the latest public finance developments, it updates fiscal implications of the crisis and medium-term fiscal projections, and assesses policies to put public finances on a sustainable footing.

Country-specific data and projections for key fiscal variables are based on the April 2020 World Economic Outlook database, unless indicated otherwise, and compiled by the IMF staff. Historical data and projections are based on information gathered by IMF country desk officers in the context of their missions and through their ongoing analysis of the evolving situation in each country; they are updated on a continual basis as more information becomes available. Structural breaks in data may be adjusted to produce smooth series through splicing and other techniques. IMF staff estimates serve as proxies when complete information is unavailable. As a result, Fiscal Monitor data can differ from official data in other sources, including the IMF's International Financial Statistics.

The country classification in the Fiscal Monitor divides the world into three major groups: 35 advanced economies, 40 emerging market and middle-income economies, and 40 low-income developing countries. The seven largest advanced economies as measured by GDP (Canada, France, Germany, Italy, Japan, United Kingdom, United States) constitute the subgroup of major advanced economies, often referred to as the Group of Seven (G7). The members of the euro area are also distinguished as a subgroup. Composite data shown in the tables for the euro area cover the current members for all years, even though the membership has increased over time. Data for most European Union member countries have been revised following the adoption of the new European System of National and Regional Accounts (ESA 2010). The low-income developing countries (LIDCs) are countries that have per capita income levels below a certain threshold (currently set at $2,700 in 2016 as measured by the World Bank's Atlas method), structural features consistent with limited development and structural transformation, and external financial linkages insufficiently close to be widely seen as emerging market economies. Zimbabwe is included in the group. Emerging market and middle-income economies include those not classified as advanced economies or low-income developing countries. See Table A, "Economy Groupings," for more details.

Most fiscal data refer to the general government for advanced economies, while for emerging markets and developing economies, data often refer to the central government or budgetary central government only (for specific details, see Tables B-D). All fiscal data refer to the calendar years, except in the cases of Bangladesh, Egypt, Ethiopia, Haiti, Hong Kong Special Administrative Region, India, the Islamic Republic of Iran, Myanmar, Nepal, Pakistan, Singapore, and Thailand, for which they refer to the fiscal year.

Composite data for country groups are weighted averages of individual-country data, unless otherwise specified. Data are weighted by annual nominal GDP converted to U.S. dollars at average market exchange rates as a share of the group GDP.

In many countries, fiscal data follow the IMF's Government Finance Statistics Manual 2014. The overall fiscal balance refers to net lending (+) and borrowing ("") of the general government. In some cases, however, the overall balance refers to total revenue and grants minus total expenditure and net lending.

The fiscal gross and net debt data reported in the Fiscal Monitor are drawn from official data sources and IMF staff estimates. While attempts are made to align gross and net debt data with the definitions in the IMF's Government Finance Statistics Manual, as a result of data limitations or specific country circumstances, these data can sometimes deviate from the formal definitions.

Key information about South Korea National Government Debt

• South Korea National Government Debt reached 896.3 USD bn in Sep 2025, compared with 900.2 USD bn in the previous quarter.
• South Korea National Government Debt data is updated quarterly, available from Sep 2002 to Sep 2025.
• The data reached an all-time high of 900.2 USD bn in Jun 2025 and a record low of 99.9 USD bn in Sep 2002.

• In the latest reports, South Korea Consolidated Fiscal Balance recorded a deficit equal to 1.4 % of its Nominal GDP in Jun 2025.
• The country's Government debt accounted for 47.0 % of its Nominal GDP in Jun 2025.
• South Korea Nominal GDP reached 471.9 USD bn in Jun 2025.

Key information about Laos External Debt: % of GDP

• Laos External Debt accounted for 68.7 % of the country's Nominal GDP in 2024, compared with the ratio of 76.1 % in the previous year.
• Laos External Debt: % of Nominal GDP data is updated yearly, available from Dec 1996 to Dec 2024.
• The data reached an all-time high of 101.0 % in Dec 1998 and a record low of 36.5 % in Dec 2011.

• In the latest reports of Laos, Current Account recorded a surplus of 309.1 USD mn in Sep 2025.
• Foreign Direct Investment (FDI) increased by 327.8 USD mn in Sep 2025.
• Its Foreign Portfolio Investment fell by 89.0 USD mn in Sep 2025.
• The country's External Debt reached 10,350.5 in Dec 2024.
• The country's Nominal GDP was reported at 16.1 USD bn in Dec 2024.

Key information about Nigeria External Debt

• Nigeria External Debt reached 47.0 USD bn in Jun 2025, compared with 46.0 USD bn in the previous quarter.
• Nigeria External Debt: USD mn data is updated quarterly, available from Dec 2006 to Jun 2025.
• The data reached an all-time high of 47.0 USD bn in Jun 2025 and a record low of 3.3 USD bn in Mar 2007.

• In the latest reports of Nigeria, Current Account recorded a surplus of 3.7 USD bn in Mar 2025.
• Foreign Direct Investment (FDI) increased by 246.9 USD mn in Mar 2025.
• Nigeria Direct Investment Abroad fell by 551.1 USD mn in Mar 2025.
• Its Foreign Portfolio Investment fell by 5.0 USD bn in Mar 2025.
• The country's Nominal GDP was reported at 63.8 USD bn in Jun 2025.

Key information about Malawi National Government Debt

• Malawi National Government Debt reached 2.6 USD bn in Jun 2014, compared with 2.0 USD bn in the previous year.
• Malawi National Government Debt data is updated yearly, available from Jun 2010 to Jun 2014.
• The data reached an all-time high of 2.6 USD bn in Jun 2014 and a record low of 1.8 USD bn in Jun 2010.

• In the latest reports, Malawi Consolidated Fiscal Balance recorded a deficit equal to 0.4 % of its Nominal GDP in Jun 2023.
• The country's Government debt accounted for 66.0 % of its Nominal GDP in Jun 2014.
• Malawi Nominal GDP reached 10.9 USD bn in Dec 2019.

Ghana recorded a Government Debt to GDP of 70.50 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Ghana Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cameroon recorded a Government Debt to GDP of 42.70 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - Cameroon Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Pakistan Total Loans

• Pakistan Total Loans was reported at 51.850 USD bn in Jan 2025
• This records a decrease from the previous number of 56.027 USD bn for Dec 2024
• Pakistan Total Loans data is updated monthly, averaging 42.223 USD bn from Sep 2007 to Jan 2025, with 209 observations
• The data reached an all-time high of 60.190 USD bn in May 2018 and a record low of 34.697 USD bn in Aug 2013
• Pakistan Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Monthly

Key information about Nigeria External Debt: % of GDP

• Nigeria External Debt accounted for 18.6 % of the country's Nominal GDP in 2024, compared with the ratio of 8.8 % in the previous year.
• Nigeria External Debt: % of Nominal GDP data is updated yearly, available from Dec 1985 to Dec 2024.
• The data reached an all-time high of 57.2 % in Dec 1991 and a record low of 1.1 % in Dec 2008.

• In the latest reports of Nigeria, Current Account recorded a surplus of 3.7 USD bn in Mar 2025.
• Foreign Direct Investment (FDI) increased by 246.9 USD mn in Mar 2025.
• Nigeria Direct Investment Abroad fell by 551.1 USD mn in Mar 2025.
• Its Foreign Portfolio Investment fell by 5.0 USD bn in Mar 2025.
• The country's External Debt reached 46,983.4 in Jun 2025.
• The country's Nominal GDP was reported at 63.8 USD bn in Jun 2025.

Key information about India Total Loans

• India Total Loans was reported at 2,125.086 USD bn in Jun 2025
• This records an increase from the previous number of 2,120.268 USD bn for Mar 2025
• India Total Loans data is updated quarterly, averaging 939.826 USD bn from Dec 1998 to Jun 2025, with 107 observations
• The data reached an all-time high of 2,125.086 USD bn in Jun 2025 and a record low of 82.701 USD bn in Dec 1998
• India Total Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: USD: Quarterly