National debt of the Philippines

The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of end-June 2023, the total national debt of the Philippines amounts to ₱14.62 trillion ($264.49 billion).[1]

  • Total outstanding debt: Negative increase ₱14.62 trillion ($264.49 billion) (58.3% of GDP) (December 2023)[2]
    Domestic debt: Negative increase ₱9.70 trillion ($174.80 billion) (40.0% of GDP) (June 2023)[1]
    External debt: Negative increase ₱4.45 trillion ($80.19 billion) (18.3% of GDP) (June 2023)[1]
  • Gross external debt:Negative increase $111.3 billion (27.5% of GDP) (F.Y. 2021-22)[3][4]
  1. ^ a b c "National Government Debt Recorded at P14.15 Trillion as of end-June 2023" (PDF). Bureau of the Treasury. August 2023. Retrieved November 26, 2023.
  2. ^ "Philippines exceeds debt payment goals in 2023". Bilyonaryo .com. March 11, 2024. Retrieved March 12, 2024.
  3. ^ "BSP External Debt FAQs" (PDF). Bangko Sentral ng Pilipinas. Archived from the original on March 13, 2023. Retrieved January 1, 2023.
  4. ^ "Philippines external debt hits record high $111.3 billion in 2022". Philippine Star. Retrieved March 20, 2023.

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