Cambodia vs Philippines: Government debt
Government debt in 2025: 25.5% of GDP in Cambodia and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Philippines, by 33.6 percentage points, or 2.32 times that in Cambodia.
CambodiaPhilippines
Watch it change on the mapChange since 1996, percentage points · IMF
Latest figures
% of GDP · IMF
| Country | Latest | 10 years before | Rank in 2025 | Projected |
|---|---|---|---|---|
| Cambodia | 25.5 2025 | 23.4 | 136 of 149 | 25.7 2031 |
| Philippines | 59.1 2025 | 39.7 | 59 of 149 | 56.4 2031 |
What the numbers say
- Philippines has been higher in every year both have figures for since 1996.
- The IMF projection (World Economic Outlook, October 2026) puts Cambodia at 25.7% of GDP and Philippines at 56.4% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Cambodia | Philippines |
|---|---|---|
| 2025 | 25.5 | 59.1 |
| 2024 | 26.1 | 56.6 |
| 2023 | 26.3 | 56.5 |
| 2022 | 25.3 | 57.4 |
| 2021 | 26.4 | 57 |
| 2020 | 25.5 | 51.6 |
| 2019 | 21.2 | 37 |
| 2018 | 21.3 | 37.2 |
| 2017 | 22.9 | 38.1 |
| 2016 | 22 | 37.4 |
| 2015 | 23.4 | 39.7 |
| 2014 | 24 | 40.3 |
| 2013 | 24.6 | 43.9 |
| 2012 | 25 | 45.7 |
| 2011 | 23.7 | 45.4 |
| 2010 | 23.5 | 47.6 |
| 2009 | 23.1 | 49.8 |
| 2008 | 22.7 | 50 |
| 2007 | 25.3 | 50.2 |
| 2006 | 26.6 | 57.2 |
| 2005 | 31.3 | 64.7 |
| 2004 | 38.1 | 71.1 |
| 2003 | 39.6 | 71.4 |
| 2002 | 37.8 | 65.2 |
| 2001 | 33.6 | 59.5 |
| 2000 | 34.1 | 59.2 |
| 1999 | 34.7 | 54.2 |
| 1998 | 37.2 | 50.8 |
| 1997 | 31.6 | 56.9 |
| 1996 | 30.2 | 53.1 |
| 1995 | – | 60.9 |
| 1994 | – | 63.6 |
| 1993 | – | 73.9 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Cambodia | Philippines |
|---|---|---|
| 2026 | 25.1 | 60.5 |
| 2027 | 25.3 | 60.5 |
| 2028 | 24.9 | 60.4 |
| 2029 | 25.4 | 59.7 |
| 2030 | 25.7 | 58.2 |
| 2031 | 25.7 | 56.4 |
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