Philippines: Tax revenue

The latest value from 2022 is 14.62 percent, an increase from 14.13 percent in 2021. In comparison, the world average is 17.41 percent, based on data from 94 countries. Historically, the average for the Philippines from 1990 to 2022 is 13.08 percent. The minimum value, 11.36 percent, was reached in 2004 while the maximum of 14.86 percent was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.