Government Revenues in Philippines increased to 279745 PHP Million in August from 264094 PHP Million in July of 2019. Government Revenues in Philippines averaged 44000.91 PHP Million from 1959 until 2019, reaching an all time high of 317236 PHP Million in May of 2019 and a record low of 81 PHP Million in November of 1959.

Government Revenues in Philippines is expected to be 215000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in Philippines to stand at 242000.00 in 12 months time. In the long-term, the Philippines Government Revenues is projected to trend around 265000.00 PHP Million in 2020, according to our econometric models.

Philippines Government Revenues
Forecast Data Chart
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Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 42.10 74.90 41.90 percent [+]
Government Budget -3.20 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -2488.00 -75296.00 86872.00 -118229.00 PHP Million [+]
Government Spending 327068.78 252372.79 327068.78 62728.31 PHP Million [+]
Government Revenues 279745.00 264094.00 317236.00 81.00 PHP Million [+]
Fiscal Expenditure 282233.00 339390.00 339390.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 3753.00 3755.00 4223.00 513.00 USD Million [+]

Philippines Government Revenues

Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Philippines Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Revenues - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
279745.00 264094.00 317236.00 81.00 1959 - 2019 PHP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 465686.60 Jul/19
Australia 53576.00 May/19
Brazil 137735.00 Jul/19
Canada 27859.00 Jun/19
China 11438.00 Aug/19
France 159.24 Jul/19
Germany 374.28 Mar/19
India 3996.73 Jul/19
Indonesia 1894700.00 Dec/18
Italy 53.67 Jul/19
Mexico 428244.09 Jul/19
Netherlands 61.50 Mar/19
Russia 22508530.20 Jul/19
Saudi Arabia 894711.00 Dec/18
Singapore 6408.30 Jul/19
South Africa 74595.00 Jul/19
South Korea 277504.00 Jul/19
Switzerland 227553.00 Dec/19
Turkey 91462843.00 Jul/19
United Kingdom 59213.00 Aug/19
United States 227965.00 Aug/19