Stacked $100 bills would reach 259 km high - halfway to the Moon.
DebtClock.io
National Debt of Philippines
13,493,313,656,290 ₱
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
51.02%
Latest year: 2024
Debt (nominal)
13,493,313,656,290 ₱
PHP / USD toggle below
GDP (nominal)
26,445,033,036,002 ₱
Latest year: 2024
Population
109,581,085
Latest year: 2024
Interest per Year
404,799,409,689 ₱
≈ 12,827 ₱ / second
Debt per Citizen
123,135 ₱
Based on latest pop
Inflation (CPI, %)
3.21%
Year: 2024
GDP growth (%, real)
5.69%
Year: 2024
Unemployment (%)
2.15%
Year: 2024
Budget balance (% GDP)
-6.11%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Philippines Economy Snapshot
The economy of Philippines shows steady performance, with a nominal GDP of 26.4 trillion ₱ and average income of about 241,328 ₱ per person. Moderate inflation at 3.21%, while the economy posted robust growth of 5.69%. Very low unemployment around 2.15%, and the government runs a substantial 6.11% fiscal deficit. The current exchange rate is 0.02 USD/PHP.
| GDP (nominal) | 26,445,033,036,002 ₱ |
|---|---|
| GDP per capita | 241,328 ₱ |
| Inflation | 3.21% |
| GDP growth | 5.69% |
| Unemployment | 2.15% |
| Budget balance | -6.11% |
| FX (USD/PHP) | 0.02 |
Philippines Economy Facts
That’s like buying 7,851,190 new cars at $30,000 each.
Debt per citizen: about $2,149 for a population of 109,581,085.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Cyprus | 49.97% | $ 36.3B |
 Panama | 50.84% | $ 86.3B |
| Philippines | 51.02% | $ 461.6B |
 Dominican Republic | 51.30% | $ 124.3B |
 Mongolia | 51.72% | $ 23.6B |