Government Spending in Philippines decreased to 250174.31 PHP Million in the third quarter of 2018 from 308024.77 PHP Million in the second quarter of 2018. Government Spending in Philippines averaged 116465.14 PHP Million from 1981 until 2018, reaching an all time high of 308024.77 PHP Million in the second quarter of 2018 and a record low of 62728.31 PHP Million in the first quarter of 1986.

Government Spending in Philippines is expected to be 218552.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Philippines to stand at 328970.00 in 12 months time. In the long-term, the Philippines Government Spending is projected to trend around 249051.00 PHP Million in 2020, according to our econometric models.

Philippines Government Spending
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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 -59865.00 -96247.00 80852.00 -118229.00 PHP Million [+]
Government Spending 250174.31 308024.77 308024.77 62728.31 PHP Million [+]
Government Revenues 246762.00 202351.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 306627.00 298598.00 330240.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 4507.80 3721.60 4507.80 541.70 USD Million [+]


Philippines Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Philippines Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
250174.31 308024.77 308024.77 62728.31 1981 - 2018 PHP Million Quarterly
Constant Prices, NSA




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