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Philippines Government Budget: Revenues and Spending

Philippines Government Budget Data

Indicator Data Period
Government Budget Value -123900 PHP Million | -123.9 B USD Nov/22
Government Spending 705806 PHP Million | 705.806 B USD 4Q/22
Government Revenues 331061 PHP Million | 331.061 B USD Nov/22
Government Budget to GDP -8.6 % 2021


Latest data on Government Budget Value (PHP Million)

Government Budget Value
                     Philippines - Historical Data (PHP Million)

How much is Philippines Government Budget?

  • The deficit of government budget in Philippines decreased to 123900 PHP Million (123.9 B USD) in November 2022. The maximum surplus was 86872 PHP Million and deficit was -302590 PHP Million.
  • Data published Monthly by Bureau of the Treasury.

Historical Data (PHP Million) by years

Data
Period
Date
-123900 Nov/22 21.12.2022
-99061 Oct/22 25.11.2022
-179760 Sep/22 26.10.2022
-72036 Aug/22 30.09.2022
-86763 Jul/22 26.08.2022
-215523 Jun/22 26.07.2022
-146785 May/22 23.06.2022
4936 Apr/22 27.05.2022


Historical Chart by presidents (PHP Million)

Government Budget Value in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - -45194.0000 46300.0000 52797.0000 -118229.0000 -202.45%
Benigno Aquino 30.06.2010 - 30.06.2016 -34622.0000 -17656.0000 80852.0000 -115745.0000 -49.00%
Gloria Macapagal 20.01.2001 - 30.06.2010 -6386.0000 -30527.0000 54093.0000 -63866.0000 378.03%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 -8558.0000 -19774.0000 11440.0000 -23657.0000 131.06%
Fidel V. Ramos 30.06.1992 - 30.06.1998 -2735.0000 -17448.0000 18011.0000 -17448.0000 537.95%
Corazon C. Aquino 25.02.1986 - 30.06.1992 -2551.0000 -5025.0000 5332.0000 -10888.0000 96.98%


Latest data on Government Spending (PHP Million)

Government Spending
                     Philippines - Historical Data (PHP Million)

What is current Philippines Government Spending?

  • Government Spending in Philippines increased to 705806 PHP Million (705.806 B USD) in the forth quarter of 2022. The maximum volume was 854692 PHP Million and minimum was 62728 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
705806 4Q/22 28.01.2023
698563 3Q/22 12.11.2022
903920 2Q/22 13.08.2022
673241 1Q/22 14.05.2022
680815 4Q/21 27.01.2022
692311 3Q/21 18.01.2022
807844 2Q/21 14.08.2021
650336 1Q/21 15.05.2021


Historical Chart by presidents (PHP Million)

Government Spending in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 254477.9800 236740.1900 272477.3400 187508.6700 -6.97%
Benigno Aquino 30.06.2010 - 30.06.2016 167182.4800 207093.5900 224306.2800 117421.2600 23.87%
Gloria Macapagal 20.01.2001 - 30.06.2010 96379.7200 157086.6700 157086.6700 86480.3000 62.99%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 115012.7500 98092.3800 115012.7500 96356.4800 -14.71%
Fidel V. Ramos 30.06.1992 - 30.06.1998 85972.4000 101288.7300 113667.4300 83048.4500 17.82%
Corazon C. Aquino 25.02.1986 - 30.06.1992 62728.3100 86854.5100 91573.4500 62728.3100 38.46%


Latest data on Government Revenues (PHP Million)

Government Revenues
                     Philippines - Historical Data (PHP Million)

How much is Philippines Government Revenue?

  • Government Revenues in Philippines increased to 331061 PHP Million (331.061 B USD) in November 2022. The maximum volume was 350977 PHP Million and minimum was 81 PHP Million
  • Data published Monthly by Bureau of the Treasury.

Historical Data (PHP Million) by years

Data
Period
Date
331061 Nov/22 31.12.2022
288873 Oct/22 25.11.2022
288814 Sep/22 29.10.2022
332440 Aug/22 08.10.2022
308632 Jul/22 27.08.2022
290268 Jun/22 30.07.2022
304915 May/22 02.07.2022
347949 Apr/22 28.05.2022


Historical Chart by presidents (PHP Million)

Government Revenues in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 307558.0000 307558.0000 307558.0000 307558.0000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Philippines - Historical Data (%)

What is the deficit of Philippines Government Budget?

  • The deficit of Current Account to GDP in Philippines decreased to 8.6 % in 2021. The maximum surplus was 1 % and deficit was -7.5 %.
  • Data published Yearly by Department of Finance.

Historical Data (%) by years

Data
Period
Date
-8.6 2021 04.08.2022
-7.5 2020 07.06.2021
-3.5 2019 19.04.2020
-3.2 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Philippines

Index Updated Actual Previous
Government Debt to GDP 2021 60.4 % 54.6
Fiscal Expenditure  Nov/22 454.99 B USD 387.934
Military Expenditure 2021 4.09 B USD 3.733

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -6.23 % -5.48
Jordan 2021 -5.4 % -7
Kyrgyzstan 2021 -0.2 % 0.5
Mongolia 2021 -6.8 % -11.5
Nepal 2021 -6.3 % -6.8
Palestine 2021 1.9 % -0.7
Tajikistan 2021 0.2 % 0.3
Cambodia 2020 -2.6 % 0.5
China 2022 -7.4 % -6.1
Georgia 2021 -6 % -9.3
India 2021 -6.9 % -9.5
Israel 2022 0.6 % -4.4
Pakistan 2021 -7.1 % -8.1
South Korea 2021 -5.6 % -3.5
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % 4
Maldives 2021 -16.6 % -23.5
Armenia 2021 -4.6 % -5.4
Hong Kong 2021 -3.6 % -12
Indonesia 2022 -2.38 % -4.65
Japan 2021 -5.9 % -9.3
Kazakhstan 2020 -4 % -1.8
Lebanon 2020 -3.5 % -10.4
Malaysia 2021 -6.4 % -6.2
Philippines 2021 -8.6 % -7.6
Qatar 2021 0.24 % -2
Singapore 2021 -0.9 % -10.8
Sri Lanka 2021 -12.2 % -11.1
Thailand 2022 -4.9 % -9.1
Oman 2021 -2.6 % -16
Iran 2021 -3.9 % -9.5
Laos 2021 -1.3 % -5.2
Azerbaijan 2022 -1 % -1.1
Kuwait 2021 -0.5 % -12.8
Saudi Arabia 2021 -2.3 % -11.2
Bahrain 2021 -35 % -13.1
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2021 -0.3 % 0.1
Uzbekistan 2021 -6 % -4.4
Iraq 2021 -0.8 % -12.8
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2020 -19.3 % -5.6
Mauritius 2021 -5 % -5.6