Interest payments on government debt as a share of government expense reached 10.8% in 2020 in Philippines, according to the National Statistical Office. This is 13.1% less than in the previous year.
Historically, interest payments on government debt as a share of government expense in Philippines reached an all time high of 39.4% in 1990 and an all time low of 10.8% in 2020.
Philippines has been ranked 27th within the group of 110 countries we follow in terms of interest payments on government debt as a share of government expense.
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