{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"net-incurrence-of-liabilities-total-percent-of-gdp","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.LBL.TOTL.GD.ZS","title":"Net incurrence of liabilities, total (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1990-01-01","value":1.61009},{"date":"1991-01-01","value":3.02152},{"date":"1992-01-01","value":6.92036},{"date":"1993-01-01","value":-0.570606},{"date":"1994-01-01","value":-3.21189},{"date":"1995-01-01","value":-1.07531},{"date":"1996-01-01","value":1.00217},{"date":"1997-01-01","value":-1.24704},{"date":"1998-01-01","value":2.20174},{"date":"1999-01-01","value":2.17094},{"date":"2000-01-01","value":5.51913},{"date":"2001-01-01","value":4.30956},{"date":"2002-01-01","value":6.37056},{"date":"2003-01-01","value":6.06659},{"date":"2004-01-01","value":5.19281},{"date":"2005-01-01","value":3.08436},{"date":"2006-01-01","value":1.77151},{"date":"2007-01-01","value":1.90205},{"date":"2008-01-01","value":1.58241},{"date":"2009-01-01","value":2.88158},{"date":"2010-01-01","value":3.82804},{"date":"2011-01-01","value":1.22383},{"date":"2012-01-01","value":5.37681},{"date":"2013-01-01","value":1.91791},{"date":"2014-01-01","value":0.860585},{"date":"2015-01-01","value":0.888236},{"date":"2016-01-01","value":0.654127},{"date":"2017-01-01","value":3.6604},{"date":"2018-01-01","value":2.76815},{"date":"2019-01-01","value":2.23214},{"date":"2020-01-01","value":11.5486},{"date":"2021-01-01","value":8.94449},{"date":"2022-01-01","value":6.78667},{"date":"2023-01-01","value":5.54205},{"date":"2024-01-01","value":4.82711}],"summary":{"latest_period":"2024-01-01","latest_value":4.82711,"max":11.5486,"mean":3.1589,"min":-3.21189,"of":136,"rank":47,"trend":"volatile"}}