Philippines: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 1015.91 billion Philippine Peso as of Q3 2025, a decline compared to the previous value of 1177.07 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q3 2025 is 240.16 billion Philippine Peso. The minimum of 6.19 billion Philippine Peso was recorded in Q1 1981, while the maximum of 1177.07 billion Philippine Peso was reached in Q2 2025.
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* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Philippine Statistics Authority
| Recent values | Philippines: Government expenditure, billion currency units |
|---|---|
| 2025 Q3 | 1015.91 |
| 2025 Q2 | 1177.07 |
| 2025 Q1 | 976.28 |
| 2024 Q4 | 1026.21 |
| 2024 Q3 | 944.18 |
| 2024 Q2 | 1063.62 |
| 2024 Q1 | 802.97 |
| 2023 Q4 | 912.74 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 14.51 | 2024 | percent |
| Government spending, in dollars | 66.97 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -3.78 | 2024 | percent |
| Primary budget balance | -1.20 | 2024 | percent |
| Government expenditure | 1,015.91 | Q3/2025 | billion |
| Tax revenue | 14.10 | 2023 | percent |
| Commercial tax rate | 43.10 | 2019 | percent |
| Tax preparation time | 171 | 2019 | hours |
| Taxes on goods and services | 24.23 | 2023 | percent |
| Taxes on international trade | 23.10 | 2023 | percent |
| Income and profits taxes | 36.73 | 2023 | percent |
| Foreign aid | 1,842.69 | 2023 | million U.S. dollars |
| Government debt | 56.63 | 2024 | percent |
| Government debt held by non-residents | 31.69 | 2024 | percent |
| Sovereign debt average maturity | 6.65 | 2024 | percent |
| Short-term government debt | 10.06 | 2024 | percent |