Fiscal Expenditure in Philippines decreased to 353629 PHP Million in May from 461657 PHP Million in April of 2020.

Fiscal Expenditure in Philippines averaged 53601.51 PHP Million from 1959 until 2020, reaching an all time high of 494389 PHP Million in December of 2019 and a record low of 107 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 July of 2020. source: Bureau of the Treasury, Philippines

Fiscal Expenditure in Philippines is expected to be 307000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Philippines to stand at 315000.00 in 12 months time. In the long-term, the Philippines Fiscal Expenditure is projected to trend around 324000.00 PHP Million in 2021 and 344000.00 PHP Million in 2022, according to our econometric models.

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Philippines Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
353629.00 461657.00 494389.00 107.00 1959 - 2020 PHP Million Monthly
Current Prices, NSA


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.