Philippines Government Budget: Revenues and Spending
Philippines Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -133003 PHP Million | -133.003 B USD | Aug/23 |
| Government Spending | 838500 PHP Million | 838.5 B USD | 2Q/23 |
| Government Revenues | 310553 PHP Million | 310.553 B USD | Aug/23 |
| Government Budget to GDP | -7.3 % | 2022 |
Latest data on Government Budget Value (PHP Million)
How much is Philippines Government Budget?
- The deficit of government budget in Philippines decreased to 133003 PHP Million (133.003 B USD) in August 2023. 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
| -133003 | Aug/23 | 24.09.2023 |
| -47814 | Jul/23 | 31.08.2023 |
| -225398 | Jun/23 | 28.07.2023 |
| -122231 | May/23 | 27.06.2023 |
| 66798 | Apr/23 | 29.05.2023 |
| -210300 | Mar/23 | 02.05.2023 |
| -106373 | Feb/23 | 03.04.2023 |
| 45749 | Jan/23 | 17.03.2023 |
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)
What is current Philippines Government Spending?
- Government Spending in Philippines increased to 838500 PHP Million (838.5 B USD) in the second quarter of 2023. 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
| 838500 | 2Q/23 | 12.08.2023 |
| 715279 | 1Q/23 | 13.05.2023 |
| 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 |
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)
How much is Philippines Government Revenue?
- Government Revenues in Philippines decreased to 310553 PHP Million (310.553 B USD) in August 2023. 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
| 310553 | Aug/23 | 30.09.2023 |
| 411729 | Jul/23 | 31.08.2023 |
| 267315 | Jun/23 | 28.07.2023 |
| 333437 | May/23 | 27.06.2023 |
| 440697 | Apr/23 | 29.05.2023 |
| 258650 | Mar/23 | 02.05.2023 |
| 211868 | Feb/23 | 03.04.2023 |
| 348167 | Jan/23 | 18.03.2023 |
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 (%)
What is the deficit of Philippines Government Budget?
- The deficit of Current Account to GDP in Philippines increased to 7.3 % in 2022. The maximum surplus was 1 % and deficit was -7.5 %.
- Data published Yearly by Department of Finance.
Historical Data (%) by years
Data
Period
Date
| -7.3 | 2022 | 27.03.2023 |
| -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 | 2022 | 60.9 % | 60.4 |
| Fiscal Expenditure | Aug/23 | 443.556 B USD | 459.543 |
| Military Expenditure | 2022 | 3.965 B USD | 5.546 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 5.06 % | -6.23 |
| Jordan | 2022 | -4.6 % | -5.4 |
| Kyrgyzstan | 2022 | -1.1 % | -0.2 |
| Mongolia | 2022 | -1.9 % | -6.8 |
| Nepal | 2022 | -5.4 % | -6.1 |
| Palestine | 2022 | 3.6 % | 1.9 |
| Tajikistan | 2022 | 0.3 % | 0.2 |
| Cambodia | 2021 | -7.3 % | -3.7 |
| China | 2022 | -7.4 % | -6.1 |
| Georgia | 2022 | -3 % | -6 |
| India | 2022 | -6.44 % | -6.72 |
| Israel | 2022 | 0.6 % | -4.4 |
| Pakistan | 2022 | -7.9 % | -6.1 |
| South Korea | 2022 | -7 % | -5.2 |
| Taiwan | 2021 | -0.5 % | -2.9 |
| Vietnam | 2021 | -3.41 % | -3.2 |
| Maldives | 2022 | -14.3 % | -13.8 |
| Armenia | 2022 | -2.5 % | -4.6 |
| Hong Kong | 2022 | -5 % | -3.6 |
| Indonesia | 2022 | -2.38 % | -4.65 |
| Japan | 2022 | -6.4 % | -5.1 |
| Kazakhstan | 2022 | -2.3 % | -5 |
| Lebanon | 2020 | -3.5 % | -10.4 |
| Malaysia | 2022 | -5.6 % | -6.4 |
| Philippines | 2022 | -7.3 % | -8.6 |
| Qatar | 2022 | 0 % | 0.2 |
| Singapore | 2022 | -0.3 % | -0.9 |
| Sri Lanka | 2022 | -10.2 % | -11.7 |
| Thailand | 2022 | -4.9 % | -9.1 |
| Oman | 2022 | 2.6 % | -3.6 |
| Iran | 2022 | -4 % | -4.2 |
| Laos | 2022 | -0.3 % | -1.3 |
| Azerbaijan | 2022 | -1 % | -1.1 |
| Kuwait | 2022 | 11.6 % | 2.3 |
| Saudi Arabia | 2022 | 2.5 % | -2.3 |
| Bahrain | 2022 | -5.6 % | -11.6 |
| United Arab Emirates | 2021 | 0.8 % | -4.9 |
| Yemen | 2018 | -4.4 % | -4.8 |
| Turkmenistan | 2022 | 1 % | -0.3 |
| Uzbekistan | 2022 | -4 % | -6 |
| Iraq | 2022 | 6.4 % | -0.4 |
| Syria | 2012 | -11.4 % | -1.14 |
| Afghanistan | 2021 | -4.5 % | -3.4 |
| Bhutan | 2022 | -7.8 % | -6.3 |
| Brunei | 2021 | -5.4 % | -19.6 |
| Mauritius | 2021 | -5.4 % | -5.6 |
