Philippines vs Sweden

Philippines vs Sweden: Government debt

Government debt in 2025: 59.1% of GDP in Philippines and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in Philippines, by 24.6 percentage points, or 1.71 times that in Sweden.

% of GDP · IMF

Philippines vs Sweden: Government debtGovernment debt in 2025: 59.1% of GDP in Philippines and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in Philippines, by 24.6 percentage points, or 1.71 times that in Sweden.
PhilippinesSwedenIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Philippines has been higher since 2019, when it overtook Sweden.
  • The IMF projection (World Economic Outlook, October 2026) puts Philippines at 56.4% of GDP and Sweden at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearPhilippinesSweden
202559.134.6
202456.633.9
202356.532.2
202257.434.4
20215737.2
202051.640.5
20193736
201837.240.2
201738.141.9
201637.443.2
201539.744.8
201440.346.1
201343.941.2
201245.738.1
201145.437.8
201047.638.7
200949.841.3
20085038
200750.239.3
200657.243.9
200564.749
200471.148.7
200371.449.5
200265.249.9
200159.552
200059.250.4
199954.260.3
199850.865.4
199756.967.7
199653.168.9
199560.968.7
199463.668.6
199373.966.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearPhilippinesSweden
202660.535.1
202760.535.5
202860.434.8
202959.733.6
203058.232.3
203156.430.7

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

Philippines vs Sweden

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