Philippines: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Philippines

Government spending as percent of GDP

 Latest value 15.01
 Year 2022
 Measure percent
 Data availability 1981 - 2022
 Average 10.31
 Min - Max 6.75 - 15.58
 Source The World Bank
For that indicator, we provide data for the Philippines from 1981 to 2022. The average value for the Philippines during that period was 10.31 percent with a minimum of 6.75 percent in 1984 and a maximum of 15.58 percent in 2021. The latest value from 2022 is 15.01 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Philippines - Government spending, percent of GDP - Recent values chart

Historical chart
Philippines - Government spending, percent of GDP - historical chart - 1981-2022




The government size of the Philippines and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 15.01 2022 percent
 Government spending, in dollars 60.69 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -7.30 2022 percent
 Government debt 60.50 2021 percent
 Government expenditure 872.65 Q3/2023 billion
 Tax revenue 14.62 2022 percent
 Commercial tax rate 43.10 2019 percent
 Tax preparation time 171 2019 hours
 Number of taxes 13 2019 taxes
 Taxes on goods and services 25.86 2022 percent
 Taxes on international trade 24.34 2022 percent
 Income and profits taxes 34.91 2022 percent
 Foreign aid 1,632.45 2021 million U.S. dollars
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