🇨🇳 China vs 🇵🇭 Philippines

Live side-by-side comparison of government debt. China currently owes about 72.8× as much as the Philippines — a gap of $21.58 trillion. Updated every second from each country's baseline figure; sources below.

Among the 135 governments tracked here, China ranks 20th by debt-to-GDP and the Philippines 60th. Measured per person, China is 41st and the Philippines 95th.

Analysis

By total government debt, China ranks 2nd and the Philippines 36th among the 135 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in China is roughly 6.0× that in the Philippines ($15,611 vs $2,613 per person).

The debt-to-GDP picture is asymmetric here: China sits at 99% of GDP, well above the Philippines' 59%, meaning China owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: China's debt is growing faster in dollar terms ($99K/sec vs $498/sec for the Philippines), adding roughly $8,538,912,000 to the difference each day.

Scale is part of the story too: China's population (1.40B) is about 12.2× the Philippines' (115M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

China and the Philippines are both grouped under this site's “Asia-Pacific” region, so this is, in effect, an intra-regional comparison as well.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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