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.


Forecast Data Chart
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Philippines Government Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 42.1 41 41 40 40 39
Government Budget -2.2 -3 -3 -2.6 -2.6 -2.2
Government Budget Value -86400 22000 -12000 -46000 -60000 -54000
Government Spending 308025 226070 218552 252128 328354 249051
Government Revenues 241743 295000 268000 242000 235000 265000
Fiscal Expenditure 328126 273000 280000 288000 295000 319000
Credit Rating 53.12
Military Expenditure 4508 4800 4800 5000 5000 6200