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 Forecast (i)
2013-03-04 05:00 AM 2012 -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 -33421.00 52800.00 80852.00 -118200.00 PHP Million [+]
Government Spending 207409.12 187508.67 254477.99 62728.31 PHP Million [+]
Government Revenues 228251.00 235900.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 261672.00 183100.00 283555.00 107.00 PHP Million [+]
Military Expenditure 3989.80 3335.60 3989.80 555.50 USD Million [+]
Credit Rating 53.12 [+]

Philippines Government Budget Notes

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 June 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

Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
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 -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16