Philippines: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 946.23 billion Philippine Peso as of Q3 2024, a decline compared to the previous value of 1065.93 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q3 2024 is 221.7 billion Philippine Peso. The minimum of 6.19 billion Philippine Peso was recorded in Q1 1981, while the maximum of 1065.93 billion Philippine Peso was reached in Q2 2024.
Click on the following link to see the values of: Government expenditure around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Philippine Statistics Authority
| Recent values | Philippines: Government expenditure, billion currency units |
|---|---|
| 2024 Q3 | 946.23 |
| 2024 Q2 | 1065.93 |
| 2024 Q1 | 795.58 |
| 2023 Q4 | 914.72 |
| 2023 Q3 | 872.65 |
| 2023 Q2 | 918.37 |
| 2023 Q1 | 759.46 |
| 2022 Q4 | 895.98 |
Download data from our database
Definition: Total spending by all levels of government but excluding public enterprises.
| 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 | 946.23 | Q3/2024 | 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 |