Philippines: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Philippines

Government spending as percent of GDP

 Latest value 14.25
 Year 2023
 Measure percent
 Data availability 1981 - 2023
 Average 10.40
 Min - Max 6.75 - 15.58
 Source The World Bank
The latest value from 2023 is 14.25 percent, a decline from 15.04 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for the Philippines from 1981 to 2023 is 10.4 percent. The minimum value, 6.75 percent, was reached in 1984 while the maximum of 15.58 percent was recorded in 2021. 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 data
Philippines - Government spending, percent of GDP - Recent values chart

Historical series
Philippines - Government spending, percent of GDP - historical chart - 1981-2023




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 14.25 2023 percent
 Government spending, in dollars 62.29 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -6.20 2023 percent
 Government debt 60.18 2023 percent
 Government expenditure 1,034.98 Q4/2024 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 1,612.48 2022 million U.S. dollars
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