Canada vs Philippines

Canada vs Philippines: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Canada, by 54.5 percentage points, or 1.92 times that in Philippines.

% of GDP · IMF

Canada vs Philippines: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Canada, by 54.5 percentage points, or 1.92 times that in Philippines.
CanadaPhilippinesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher in every year both have figures for since 1993.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and Philippines at 56.4% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaPhilippines
2025113.659.1
202411056.6
2023105.156.5
2022103.557.4
2021112.657
2020118.151.6
201990.137
201890.837.2
20179138.1
201692.537.4
201592.339.7
201485.840.3
201387.743.9
20128745.7
201184.345.4
20108447.6
200981.849.8
200870.450
200767.250.2
200669.957.2
200570.664.7
200471.971.1
200375.971.4
200279.665.2
200181.559.5
200080.459.2
19998954.2
199893.350.8
199795.356.9
1996100.253.1
1995100.160.9
199497.563.6
199394.773.9
199288.2–
199181.7–
199073.7–
198971–
198869.8–
198769.8–
198669.3–
198565.2–
198460.2–
198357.2–
198251.7–
198146.1–
198044.6–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaPhilippines
2026115.660.5
2027113.460.5
2028111.860.4
2029110.459.7
2030108.858.2
203110756.4

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

Canada vs Philippines

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