Nigeria vs Philippines

Nigeria vs Philippines: Government debt

Government debt in 2025: 36.1% of GDP in Nigeria and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Philippines, by 23.1 percentage points, or 1.64 times that in Nigeria.

% of GDP · IMF

Nigeria vs Philippines: Government debtGovernment debt in 2025: 36.1% of GDP in Nigeria and 59.1% of GDP in Philippines, by IMF estimates. In 2025 the value was higher in Philippines, by 23.1 percentage points, or 1.64 times that in Nigeria.
NigeriaPhilippinesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Philippines has been higher in every year both have figures for since 1993.
  • The IMF projection (World Economic Outlook, October 2026) puts Nigeria at 31.9% of GDP and Philippines at 56.4% of GDP in 2031.

Every year

% of GDP · IMF

YearNigeriaPhilippines
202536.159.1
202439.356.6
202336.356.5
202229.857.4
202126.657
202025.751.6
201921.437
201820.437.2
20171838.1
201617.437.4
201514.939.7
201415.840.3
20131343.9
201212.545.7
201112.445.4
20106.747.6
20096.149.8
20085.250
20075.850.2
20066.757.2
200513.564.7
200425.271.1
200329.971.4
200230.765.2
200137.759.5
200040.959.2
199946.154.2
199815.850.8
199717.156.9
199617.953.1
199524.260.9
199439.763.6
199350.473.9
199249.8–
199153.2–
199050.9–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearNigeriaPhilippines
202634.760.5
202732.860.5
202832.960.4
202932.559.7
203032.258.2
203131.956.4

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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