Philippines Government Budget Value  1959-2017 | Data | Chart | Calendar

Philippines' government budget surplus narrowed to PHP 52.80 billion in April 2017 from PHP 55.0 billion in the same month a year earlier, as revenues dropped 4.3 percent to PHP 235.9 billion while spending declined 4.4 percent to PHP 183.1 billion. Considering January to April 2017, the budget deficit shrank 47.5 percent to PHP 30.2 billion from PHP 57.5 billion in the same period of the previous year, as revenues jumped 5.9 percent. For 2017, the government expects the budget gap to reach PHP 478.1 billion, or 3 percent of GDP, the largest in seven years. Government Budget Value in Philippines averaged -4532.11 PHP Million from 1959 until 2017, reaching an all time high of 80852 PHP Million in April of 2014 and a record low of -118200 PHP Million in December of 2016.

Philippines Government Budget Value
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-04-20 04:45 AM Mar PHP-23.7B PHP2.2B PHP -43.9B
2017-05-02 07:55 AM Mar PHP-61.5B PHP-23.7B PHP -45.1B
2017-05-26 04:00 AM Apr PHP52.8B PHP-61.5B PHP -7.6B
2017-06-30 12:30 AM May PHP52.8B PHP -20B
2017-07-31 12:30 AM Jun PHP -76B
2017-08-29 12:30 AM Jul PHP -60B




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 52800.00 -61500.00 80852.00 -118200.00 PHP Million [+]
Government Spending 207409.12 187508.67 254477.99 62728.31 PHP Million [+]
Government Revenues 235900.00 180237.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 183100.00 241708.00 283555.00 107.00 PHP Million [+]
Military Expenditure 3893.20 3103.10 3893.20 1919.90 USD Million [+]
Credit Rating 53.12 [+]


Philippines Government Budget Value Notes

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Philippines Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Government Budget Value - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52800.00 -61500.00 80852.00 -118200.00 1959 - 2017 PHP Million Monthly
Current Prices, NSA



government budget value by Country

Last
Australia 7831.00 Apr/17
Brazil -15422.53 Apr/17
Canada -10388.00 Mar/17
China -44.00 Apr/17
France -29.60 Mar/17
Germany -5.10 Sep/16
India -6056.14 Feb/17
Indonesia -305229.70 Dec/16
Italy -11.09 Mar/17
Japan -44416.00 Dec/16
Mexico 340612.40 Mar/17
Netherlands 15.90 Mar/17
Russia -511.09 Apr/17
South Korea -3918.00 Mar/17
Spain -5659.00 Mar/17
Switzerland 1323.00 Dec/17
Turkey -2.96 Apr/17
United Kingdom -6705.00 Apr/17
United States 182428.00 Apr/17