Philippines Government Budget  1988-2017 | Data | Chart | Calendar

Philippines recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2016. Government Budget in Philippines averaged -2.08 percent of GDP from 1988 until 2016, reaching an all time high of 1 percent of GDP in 1994 and a record low of -5.30 percent of GDP in 2002.

Philippines Government Budget
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Calendar GMT Actual Previous Consensus TEForecast
2013-03-04 05:00 AM Government Budget -2.5% -2.00%


Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.10 45.05 74.90 42.10 percent [+]
Government Budget -2.40 -0.90 1.00 -5.30 percent of GDP [+]
Government Budget Value -36892.00 28808.00 80852.00 -118229.00 PHP Million [+]
Government Spending 217820.10 272477.33 272477.33 62728.31 PHP Million [+]
Government Revenues 200091.00 230408.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 236983.00 201600.00 283555.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 3989.80 3335.60 3989.80 555.50 USD Million [+]


Philippines Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Philippines Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -0.90 1.00 -5.30 1988 - 2016 percent of GDP Yearly




government budget by Country
Country Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada -0.90 Dec/17
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -2.40 Dec/16
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.10 Dec/16
United Kingdom -3.00 Dec/16
United States -3.50 Dec/17