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

The Philippine government's budget deficit widened to PHP 86.4 billion in July 2018 from PHP 50.5 billion in the same month of the previous year. Considering January to July, the budget gap increased to PHP 279.4 billion from PHP 205.0 billion in the same period of 2017. For 2018 full year, 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 last year. Government Budget Value in Philippines averaged -5275.66 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
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Calendar GMT Actual Previous Consensus TEForecast
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 07:40 AM Budget Balance PHP-86.4B PHP-54.3B PHP -28.9B
2018-09-24 02:00 AM Budget Balance PHP-86.4B PHP -29B
2018-10-22 02:00 AM Budget Balance PHP 22B
2018-11-26 02:00 AM Budget Balance PHP -29B

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 -86400.00 -54288.00 80852.00 -118229.00 PHP Million [+]
Government Spending 308024.77 236740.19 308024.77 62728.31 PHP Million [+]
Government Revenues 241743.00 224199.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 328126.00 278487.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-86400.00 -54288.00 80852.00 -118229.00 1959 - 2018 PHP Million Monthly
Current Prices, NSA

government budget value by Country
Country Last
Argentina -14279.60 Jul/18
Australia 10417.00 May/18
Brazil -29162.00 Jul/18
Canada 1110.00 Jun/18
China -167.50 Jun/18
France -82.76 Jul/18
Germany 10.72 Mar/18
India -5402.57 Jul/18
Indonesia -347356.70 Dec/17
Italy 12.12 Jul/18
Japan 53517.00 Mar/18
Mexico 7344.50 Jul/18
Netherlands -3.60 Jun/18
Russia 1962.32 Aug/18
Saudi Arabia -238494.00 Dec/17
Singapore 2069.10 Jul/18
South Africa -90538.00 Jul/18
South Korea 9220.00 Jul/18
Spain -9012.00 Jun/18
Switzerland 1373.00 Dec/18
Turkey 2608216.00 Jul/18
United Kingdom 4148.00 Jul/18
United States -214148.00 Aug/18