Argentina vs Philippines

Argentina vs Philippines: Government debt

Government debt in 2025: 80.1% of GDP in Argentina and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Argentina, by 20.9 percentage points, or 1.35 times that in Philippines.

% of GDP · IMF

Argentina vs Philippines: Government debtGovernment debt in 2025: 80.1% of GDP in Argentina and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Argentina, by 20.9 percentage points, or 1.35 times that in Philippines.
ArgentinaPhilippinesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher since 2014, when it overtook Philippines.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Philippines at 56.4% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaPhilippines
202580.159.1
202484.656.6
2023153.456.5
202284.357.4
20218157
2020103.851.6
201989.837
201885.337.2
20175738.1
201653.137.4
201552.639.7
201444.740.3
201343.543.9
201240.445.7
201138.945.4
201043.547.6
200955.449.8
200853.850
200762.150.2
200670.857.2
200580.364.7
2004117.971.1
2003125.271.4
2002147.265.2
20014859.5
200040.859.2
199938.954.2
199834.250.8
199731.756.9
199632.653.1
199530.860.9
199428.463.6
199326.973.9
199225–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaPhilippines
202669.460.5
202770.460.5
202865.660.4
202960.359.7
203056.758.2
203153.956.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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