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 -2.70 percent of GDP in 2020, according to our econometric models.


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Philippines Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 42.1 44 43 43 47.65 39
Government Budget -2.4 -3 -2.8 -2.8 -2.71 -2.7
Government Budget Value -36892 -98000 -74000 -31000 -42100 -87000
Government Spending 272477 182000 212000 267000 226937 212000
Government Revenues 200091 210000 200000 220000 200432 245000
Fiscal Expenditure 236983 308000 254000 251000 226275 332000
Military Expenditure 3990 4741 5200 5200 3836 6200
Credit Rating 53.12