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

The Philippines government's budget surplus narrowed to PHP 46.3 billion in April of 2018 from PHP 52.8 billion in the same month of the previous year. Still, it is the first budget surplus since January amid strong revenue collections. The government usually posts a surplus the month after the usual filing of income tax returns and payment of income tax in March. Considering the first four months of the year, the country reported a budget deficit of PHP 115.9 billion, with spending surging by 31 percent from the same period the preceding year and revenue increasing by 21 percent. Government Budget Value in Philippines averaged -5068.29 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
2018-04-11 09:15 AM Budget Balance PHP-61.7B PHP10.2B
2018-04-24 10:20 AM Budget Balance PHP-110.7B PHP-61.7B PHP -54B
2018-05-23 01:30 AM Budget Balance PHP46.3B PHP-110.7B PHP -54B
2018-06-25 06:00 AM Budget Balance PHP46.3B PHP -28.5B
2018-07-23 02:00 AM Budget Balance PHP -31B
2018-08-22 02:00 AM Budget Balance PHP -28.9B

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 46300.00 -110700.00 80852.00 -118229.00 PHP Million [+]
Government Spending 236740.19 211467.52 275232.88 62728.31 PHP Million [+]
Government Revenues 307558.00 202360.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 261243.00 313053.00 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
46300.00 -110700.00 80852.00 -118229.00 1959 - 2018 PHP Million Monthly
Current Prices, NSA

government budget value by Country
Country Last
Australia 8787.00 Apr/18
Brazil -26751.00 Apr/18
Canada -10630.00 Mar/18
China 40.70 Apr/18
France -54.34 Apr/18
Germany 70.64 Sep/17
India -1519.67 Apr/18
Indonesia -347356.70 Dec/17
Italy -0.53 Apr/18
Japan -49945.00 Dec/17
Mexico 97740.00 Apr/18
Netherlands 1.00 Dec/17
Russia 458.89 May/18
South Korea 244.00 Apr/18
Spain -5928.00 Apr/18
Switzerland 1373.00 Dec/18
Turkey 4510687.00 Apr/18
United Kingdom -3687.00 May/18
United States -146796.00 May/18