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Interest Payments on Government Debt (Local Currency) in Philippines

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt reached PHP 380 bil in 2020 in Philippines, according to the National Statistical Office. This is 5.41% more than in the previous year.

Historically, interest payments on government debt in Philippines reached an all time high of PHP 380 bil in 2020 and an all time low of PHP 71.1 bil in 1990.

Philippines has been ranked 25th within the group of 111 countries we follow in terms of interest payments on government debt.

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