Philippines - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Philippines was 5,735,240,000,000 as of 2014. As the graph below shows, over the past 24 years this indicator reached a maximum value of 5,735,240,000,000 in 2014 and a minimum value of 552,641,000,000 in 1990.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 552,641,000,000
1991 620,238,000,000
1992 713,260,000,000
1993 989,822,000,000
1994 955,093,000,000
1995 1,163,850,000,000
1996 1,155,240,000,000
1997 1,350,570,000,000
1998 1,775,360,000,000
1999 1,768,690,000,000
2000 2,166,710,000,000
2001 2,384,920,000,000
2002 2,815,470,000,000
2003 3,355,110,000,000
2004 3,811,950,000,000
2005 3,888,230,000,000
2006 3,851,510,000,000
2007 3,712,490,000,000
2008 4,220,900,000,000
2009 4,396,640,000,000
2010 4,718,170,000,000
2011 4,951,190,000,000
2012 5,437,100,000,000
2013 5,681,150,000,000
2014 5,735,240,000,000

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in Philippines was 43.43 as of 2014. Its highest value over the past 24 years was 71.60 in 2004, while its lowest value was 43.43 in 2014.

Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 45.01
1991 43.59
1992 46.27
1993 58.83
1994 49.42
1995 53.47
1996 46.56
1997 48.70
1998 58.28
1999 52.83
2000 58.60
2001 59.26
2002 64.72
2003 71.12
2004 71.60
2005 65.71
2006 58.80
2007 51.57
2008 52.43
2009 52.40
2010 50.20
2011 48.81
2012 49.16
2013 47.14
2014 43.43

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance