Philippines vs Vietnam
Philippines vs Vietnam: Government debt
Government debt in 2025: 59.1% of GDP in Philippines and 30.5% of GDP in Vietnam, by IMF estimates. In 2025 the value was higher in Philippines, by 28.7 percentage points, or 1.94 times that in Vietnam.
% of GDP · IMF
What the numbers say
- Philippines has been higher since 2020, when it overtook Vietnam.
- The IMF projection (World Economic Outlook, October 2026) puts Philippines at 56.4% of GDP and Vietnam at 24.5% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Philippines | Vietnam |
|---|---|---|
| 2025 | 59.1 | 30.5 |
| 2024 | 56.6 | 31.2 |
| 2023 | 56.5 | 34.3 |
| 2022 | 57.4 | 34.9 |
| 2021 | 57 | 39.2 |
| 2020 | 51.6 | 41.3 |
| 2019 | 37 | 41 |
| 2018 | 37.2 | 43.8 |
| 2017 | 38.1 | 46.6 |
| 2016 | 37.4 | 47.9 |
| 2015 | 39.7 | 46.1 |
| 2014 | 40.3 | 43.4 |
| 2013 | 43.9 | 41.4 |
| 2012 | 45.7 | 38.3 |
| 2011 | 45.4 | 36.2 |
| 2010 | 47.6 | 37.3 |
| 2009 | 49.8 | 36.2 |
| 2008 | 50 | 31.1 |
| 2007 | 50.2 | 32.2 |
| 2006 | 57.2 | 30.3 |
| 2005 | 64.7 | 28.7 |
| 2004 | 71.1 | 29.4 |
| 2003 | 71.4 | 29.8 |
| 2002 | 65.2 | 27.7 |
| 2001 | 59.5 | 25.4 |
| 2000 | 59.2 | 24.8 |
| 1999 | 54.2 | – |
| 1998 | 50.8 | – |
| 1997 | 56.9 | – |
| 1996 | 53.1 | – |
| 1995 | 60.9 | – |
| 1994 | 63.6 | – |
| 1993 | 73.9 | – |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Philippines | Vietnam |
|---|---|---|
| 2026 | 60.5 | 28.3 |
| 2027 | 60.5 | 26.2 |
| 2028 | 60.4 | 25.3 |
| 2029 | 59.7 | 24.6 |
| 2030 | 58.2 | 24.4 |
| 2031 | 56.4 | 24.5 |
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 Vietnam
Health
- Life expectancyPhilippines: 69.8 years in 2023Vietnam: 74.6 years in 2023
- Child mortalityPhilippines: 2.7 per 100 live births in 2024Vietnam: 1.7 per 100 live births in 2024
- Infant mortalityPhilippines: 20.7 per 1,000 live births in 2023Vietnam: 15.1 per 1,000 live births in 2023
- Safe drinking waterPhilippines: 47.9% in 2022Vietnam: 57.8% in 2022
- DepressionPhilippines: 2.77% in 2017Vietnam: 2.88% in 2017
- Suicide ratePhilippines: 6 per 100,000 people in 2017Vietnam: 7.4 per 100,000 people in 2017
People
- PopulationPhilippines: 115 million people in 2023Vietnam: 100 million people in 2023
- Population growthPhilippines: 0.84% a year in 2023Vietnam: 0.64% a year in 2023
- Fertility ratePhilippines: 1.92 births per woman in 2023Vietnam: 1.91 births per woman in 2023
- Urban populationPhilippines: 55.8% in 2025Vietnam: 38.8% in 2025
- Median agePhilippines: 25.3 years in 2023Vietnam: 32.4 years in 2023
- People aged 65 and overPhilippines: 5.3% in 2023Vietnam: 8.6% in 2023
- Net migration ratePhilippines: -1.4 per 1,000 people in 2023Vietnam: -0.8 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingPhilippines: 1.3% of GDP in 2025Vietnam: 2.15% of GDP in 2025
- Military spending in US dollarsPhilippines: $6.3B in 2025Vietnam: $10.9B in 2025
- Military spending per personPhilippines: $55 in 2025Vietnam: $104 in 2025
- Military share of state spendingPhilippines: 5.4% of government spending in 2025Vietnam: 9.9% of government spending in 2025
- Armed forces personnelPhilippines: 157,000 people in 2020Vietnam: 522,000 people in 2020
- National powerPhilippines: 0.68% of world capability in 2022Vietnam: 1.11% of world capability in 2022
- Armed forces, share of workersPhilippines: 0.37% of the labour force in 2020Vietnam: 0.95% of the labour force in 2020
- Arms importsPhilippines: 846 million TIV in 2025Vietnam: 177 million TIV in 2025
- Arms exportsPhilippines: 4 million TIV in 2007Vietnam: 10 million TIV in 2018