Philippines Government Budget - Forecast

Government Budget in Philippines is expected to be -3.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Government Budget is projected to trend around -2.20 percent of GDP in 2020, according to our econometric models.


Philippines Government Budget
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Philippines Government Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 42.1 41.4 41.4 41 40 39
Government Budget -2.2 -3 -3 -3 -2.6 -2.2
Government Budget Value -61734 -31000 -44851 -82000 -17893 -87000
Government Spending 214326 281180 224899 220755 221921 250621
Government Revenues 178535 220000 213978 228000 239659 245000
Fiscal Expenditure 240269 251000 258829 310000 257552 332000
Credit Rating 53.12
Military Expenditure 3990 5200 3725 5200 3790 6200