Philippines: Government spending, billion USD, 1981 - 2020:
For that indicator, we provide data for the Philippines from 1981 to 2020. The average value for the Philippines during that period was 15.14 billion U.S. dollars with a minimum of 2.41 billion U.S. dollars in 1984 and a maximum of 55.23 billion U.S. dollars in 2020.
The latest value from 2020 is 55.23 billion U.S. dollars. For comparison, the world average in 2020 based on 149
countries is 97.58 billion U.S. dollars.
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Longer historical series
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. Data are in current U.S. dollars.