The Philippines’ total debt grew by 3.6% to $490.8 billion in the fourth quarter of 2025, latest figures from the Institute of International Finance’s Global Debt Monitor showed. During the period, the debt of households, nonfinancial corporates, and financial sector as share of gross domestic product (GDP) dropped from a year earlier. Meanwhile, Philippine government debt as a share of the economy climbed. The Global Debt Monitor, published quarterly, tracks indebtedness by sector across key mature and emerging markets, offering a unique like-for-like comparison across countries.
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