The debt-to-GDP ratio is the metric comparing a country's public debt to its gross domestic product (GDP). By comparing what a country owes with what it produces, the debt-to-GDP ratio reliably indicates that particular country's ability to pay back its debts. | 1985 to 2024 | Proprogress Philippines

The debt-to-GDP ratio is the metric comparing a country's public debt to its gross domestic product (GDP). By comparing what a country owes with what it produces, the debt-to-GDP ratio reliably indicates that particular country's ability to pay back its debts. | 1985 to 2024 | Proprogress Philippines

#BusinessWorldLive | University of Asia and the Pacific Economist Ronilo Balbieran says the country's 60.4% debt-to-GDP ratio as of June is "worrisome but not alarming." He explains this could still go down by reopening the economy to generate more jobs. Get updates via Viber: https://bit.ly/36uQLSo Join us on Telegram: https://t.me/onenewsph | ONE News