Philippines Government Budget  1988-2018 | Data | Chart | Calendar

Philippines recorded a Government Budget deficit equal to 2.20 percent of the country's Gross Domestic Product in 2017. Government Budget in Philippines averaged -2.08 percent of GDP from 1988 until 2017, 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 42.10 74.90 42.10 percent [+]
Government Budget -2.20 -2.40 1.00 -5.30 percent of GDP [+]
Government Budget Value -54288.00 -32873.00 80852.00 -118229.00 PHP Million [+]
Government Spending 308024.77 236740.19 308024.77 62728.31 PHP Million [+]
Government Revenues 224199.00 258992.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 278487.00 291865.00 330240.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 4507.80 3721.60 4507.80 541.70 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -2.40 1.00 -5.30 1988 - 2017 percent of GDP Yearly




government budget by Country
Country Last
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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