Philippines vs Türkiye

Philippines vs Türkiye: Government debt

Government debt in 2025: 59.1% of GDP in Philippines and 23.7% of GDP in Türkiye, by IMF estimates. In 2025 the value was higher in Philippines, by 35.5 percentage points, or 2.5 times that in Türkiye.

% of GDP · IMF

Philippines vs Türkiye: Government debtGovernment debt in 2025: 59.1% of GDP in Philippines and 23.7% of GDP in Türkiye, by IMF estimates. In 2025 the value was higher in Philippines, by 35.5 percentage points, or 2.5 times that in Türkiye.
PhilippinesTürkiyeIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Philippines has been higher since 2003, when it overtook Türkiye.
  • The IMF projection (World Economic Outlook, October 2026) puts Philippines at 56.4% of GDP and Türkiye at 25.4% of GDP in 2031.

Every year

% of GDP · IMF

YearPhilippinesTürkiye
202559.123.7
202456.623.6
202356.528.3
202257.429.4
20215738.9
202051.638.3
20193731.2
201837.228.8
201738.126.9
201637.427
201539.726.5
201440.327.4
201343.929.6
201245.730.8
201145.434.8
201047.638.6
200949.842.4
20085037
200750.237.1
200657.244.2
200564.750.2
200471.157.1
200371.463.6
200265.271.2
200159.575.6
200059.251.2
199954.2–
199850.8–
199756.9–
199653.1–
199560.9–
199463.6–
199373.9–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearPhilippinesTürkiye
202660.522.5
202760.522.6
202860.423.2
202959.724.1
203058.225.1
203156.425.4

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

Philippines vs Türkiye

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment