Philippines: Government spending, in dollars

* indicates monthly or quarterly data series
 Philippines

Government spending, billion USD

 Latest value 60.69
 Year 2022
 Measure billion U.S. dollars
 Data availability 1981 - 2022
 Average 17.33
 Min - Max 2.41 - 61.40
 Source The World Bank
For that indicator, we provide data for the Philippines from 1981 to 2022. The average value for the Philippines during that period was 17.33 billion U.S. dollars with a minimum of 2.41 billion U.S. dollars in 1984 and a maximum of 61.4 billion U.S. dollars in 2021. The latest value from 2022 is 60.69 billion U.S. dollars. For comparison, the world average in 2022 based on 142 countries is 88.01 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Philippines - Government spending, in dollars - Recent values chart

Historical chart
Philippines - Government spending, in dollars - historical chart - 1981-2022




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.


 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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