🇵🇭 Philippines National Debt Clock
Live tracker for Philippines government debt. The national debt currently stands at approximately $302.7 billion, growing at $613 per second based on IMF fiscal deficit projections. Debt-to-GDP: 59%. Per-citizen share: $2,655.
About Philippines's National Debt
The Philippines saw debt rise during the pandemic but keeps the ratio moderate, supported by steady growth and large remittance inflows that bolster its external accounts.
Philippines's debt-to-GDP ratio of 59% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Philippines ranks 35th of the 137 governments tracked here.
At the current borrowing rate of $613 per second, Philippines adds about $0.1 billion to its national debt every day — roughly $19 billion per year. Each of Philippines's 114 million citizens carries an individual share of approximately $2,655. That is below the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Philippines National Debt — Frequently Asked Questions
What is Philippines's national debt right now?
Philippines's national debt is approximately $302.7 billion as of September 12, 2026, growing at $613 per second. Its debt-to-GDP ratio is 59% and each citizen's share is about $2,655.
How fast is Philippines's debt growing?
Philippines's government debt is growing at approximately $613 per second — about $0.1 billion per day — derived from IMF fiscal projections anchored to the April 2026 baseline.
What is Philippines's debt per capita?
Each of Philippines's 114 million citizens carries a notional share of approximately $2,655 of the national debt.
What is Philippines's debt-to-GDP ratio?
Philippines's debt-to-GDP ratio is 59%. This is within a range generally considered fiscally sustainable.
Why is Philippines's government debt at this level?
The Philippines saw debt rise during the pandemic but keeps the ratio moderate, supported by steady growth and large remittance inflows that bolster its external accounts.
Compare Philippines vs another country
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Further reading
Other Asia-Pacific countries
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Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 289,233,720,016 + 613 × seconds_since(2026-01-01)
Machine-readable data: /api/debt?c=ph (live JSON) · /data/debt.json (full dataset)
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