Philippines Government Budget Value  1959-2018 | Data | Chart | Calendar

The Philippines government's budget deficit narrowed to PHP 54.3 billion in June of 2018 from PHP 90.8 billion in the same month of the previous year. For 2018, the government has programmed a budget deficit of PHP 523.6 billion, or 3 percent of GDP, up from the PHP 350.6 billion deficit recorded in 2017. Government Budget Value in Philippines averaged -5176.22 PHP Million from 1959 until 2018, reaching an all time high of 80852 PHP Million in April of 2014 and a record low of -118229 PHP Million in December of 2016.

Philippines Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-23 01:30 AM Budget Balance PHP46.3B PHP-110.7B PHP -54B
2018-06-25 05:00 AM Budget Balance PHP-32.9B PHP46.3B PHP -28.5B
2018-07-23 03:30 AM Budget Balance PHP-54.3B PHP-32.9B PHP -31B
2018-08-22 02:00 AM Budget Balance PHP-54.3B PHP -28.9B
2018-09-24 02:00 AM Budget Balance PHP -29B
2018-10-22 02:00 AM Budget Balance PHP -31.6B


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 -54300.00 -32900.00 80852.00 -118229.00 PHP Million [+]
Government Spending 236740.19 211467.52 275232.88 62728.31 PHP Million [+]
Government Revenues 258992.00 307558.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 291865.00 261243.00 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 Value

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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-54300.00 -32900.00 80852.00 -118229.00 1959 - 2018 PHP Million Monthly
Current Prices, NSA




government budget value by Country
Country Last
Australia 10417.00 May/18
Brazil -47900.00 May/18
Canada -10630.00 Mar/18
China 83.10 May/18
France -55.07 May/18
Germany 70.64 Sep/17
India -3454.93 May/18
Indonesia -347356.70 Dec/17
Italy -19.87 May/18
Japan 53517.00 Mar/18
Mexico -42702.30 May/18
Netherlands 1.00 Dec/17
Russia 877.30 Jun/18
South Korea 8670.00 May/18
Spain -14493.00 May/18
Switzerland 1373.00 Dec/18
Turkey 1981913.00 May/18
United Kingdom -2997.00 Jun/18
United States -74858.00 Jun/18


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