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 November 2020, the general government debt of the Philippines amounts to ₱10.13 trillion ($210,709,166,300). The debt-to-GDP ratio, which reflects the ability to pay obligations, will jump from a record-low 39.6 percent in 2019 to 53.9 percent in 2020 and 58.1 percent in 2021.

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 November 2020, the general government debt of the Philippines amounts to ₱10.13 trillion ($210,709,166,300). The debt-to-GDP ratio, which reflects the ability to pay obligations, will jump from a record-low 39.6 percent in 2019 to 53.9 percent in 2020 and 58.1 percent in 2021.