Philippines: Government expenditure

* indicates monthly or quarterly data series

Government expenditure, billion currency units

 Latest value 795.58
 Reference Q1 2024
 Measure billion Philippine Peso
 Data availability Q1 1981 - Q1 2024
 Average 212.64
 Min - Max 6.19 - 947.13
 Source Philippine Statistics Authority
For that indicator, we provide data for the Philippines from Q1 1981 to Q1 2024. The average value for the Philippines during that period was 212.64 billion Philippine Peso with a minimum of 6.19 billion Philippine Peso in Q1 1981 and a maximum of 947.13 billion Philippine Peso in Q2 2022. Click on the following link to see the values of Government expenditure, billion currency units around the world.
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* indicates monthly or quarterly data series

Recent values chart
Philippines - Government expenditure - recent values

Historical chart
Philippines - Government expenditure - historical chart - 1981-2024
Measure: billion Philippine Peso
Source: Philippine Statistics Authority

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Definition: Total spending by all levels of government but excluding public enterprises.

 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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