Philippines: Government spending, in dollars

* indicates monthly or quarterly data series
 Philippines

Government spending, billion USD

 Latest value 73.76
 Year 2025
 Measure billion U.S. dollars
 Data availability 1981 - 2025
 Average 20.69
 Min - Max 2.41 - 73.76
 Source The World Bank
 Available for Data download
The latest value from 2025 is 73.76 billion U.S. dollars, an increase from 67.23 billion U.S. dollars in 2024. In comparison, the world average is 81.86 billion U.S. dollars, based on data from 131 countries. Historically, the average for the Philippines from 1981 to 2025 is 20.69 billion U.S. dollars. The minimum value, 2.41 billion U.S. dollars, was reached in 1984 while the maximum of 73.76 billion U.S. dollars was recorded in 2025. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Philippines: Government spending, in dollars
 2025 73.76
 2024 67.23
 2023 62.15
 2022 60.83
 2021 61.40
 2020 55.21
 2019 46.98
 2018 41.77




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 15.14 2025 percent
 Government spending, in dollars 73.76 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -3.78 2024 percent
 Primary budget balance -1.20 2024 percent
 Government expenditure 1,353.73 Q2/2026 billion
 Tax revenue 14.37 2024 percent
 Taxes on goods and services 25.29 2024 percent
 Taxes on international trade 20.76 2024 percent
 Income and profits taxes 34.71 2024 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
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