The Philippine government’s expenditures increased 5.23% year-on-year to PHP 654.8 billion in March 2026, led by higher National Tax Allotment shares of LGUs, as well as releases for their Special Shares in the Proceeds of National Taxes – Tobacco Excise tax and the Local Government Support Fund. Spending was also buoyed by higher budgetary assistance to GOCCs and PHP 20.0 billion in releases to the DOE for the government’s Emergency Energy Program, aimed at boosting fuel supply amid Middle East tensions. source: Bureau of the Treasury, Philippines

Fiscal Expenditure in Philippines increased to 654750 PHP Million in March from 532533 PHP Million in February of 2026. Fiscal Expenditure in Philippines averaged 87589.94 PHP Million from 1959 until 2026, reaching an all time high of 661034.00 PHP Million in December of 2023 and a record low of 107.00 PHP Million in April of 1959. This page provides - Philippines Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Fiscal Expenditure - values, historical data and charts - was last updated on April of 2026.



Related Last Previous Unit Reference
Fiscal Expenditure 654750.00 532533.00 PHP Million Mar 2026
Budget Balance -349662.00 -171202.00 PHP Million Mar 2026
Government Debt to GDP 63.20 60.70 percent of GDP Dec 2025
Government Revenues 305088.00 361331.00 PHP Million Mar 2026


Philippines Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.
Actual Previous Highest Lowest Dates Unit Frequency
654750.00 532533.00 661034.00 107.00 1959 - 2026 PHP Million Monthly
Current Prices, NSA