Philippines vs Switzerland

Philippines vs Switzerland: Government debt

Government debt in 2025: 59.1% of GDP in Philippines and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Philippines, by 19.1 percentage points, or 1.48 times that in Switzerland.

% of GDP · IMF

Philippines vs Switzerland: Government debtGovernment debt in 2025: 59.1% of GDP in Philippines and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Philippines, by 19.1 percentage points, or 1.48 times that in Switzerland.
PhilippinesSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Philippines has been higher since 2020, when it overtook Switzerland.
  • The IMF projection (World Economic Outlook, October 2026) puts Philippines at 56.4% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearPhilippinesSwitzerland
202559.140.1
202456.640.4
202356.540.2
202257.439.2
20215743.3
202051.645.3
20193741
201837.241.1
201738.142
201637.442
201539.743.1
201440.342.9
201343.942.9
201245.743.6
201145.442.9
201047.642.6
200949.844.3
20085046.2
200750.245.9
200657.247.9
200564.754.2
200471.157.2
200371.456.3
200265.257
200159.550.8
200059.251.9
199954.252
199850.855.4
199756.953.1
199653.150.7
199560.949.4
199463.646.5
199373.943.8
1992–39.1
1991–34.8
1990–33.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearPhilippinesSwitzerland
202660.538.3
202760.537.8
202860.437.1
202959.737
203058.236.2
203156.435.9

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 Switzerland

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