Philippines Government Budget 1988-2014 | Data | Chart | Calendar

Philippines recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2013. Government Budget in Philippines averaged -2.17 Percent of GDP from 1988 until 2013, reaching an all time high of 1 Percent of GDP in 1994 and a record low of -5.30 Percent of GDP in 2002. Government Budget in Philippines is reported by the Department of Finance of the Philippine Republic.

   
 
 

Philippines Government Budget


Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -2.30 1.00 -5.30 1988 - 2013 Percent of GDP Yearly
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Philippines Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Philippines Government Budget - was last refreshed on Saturday, October 25, 2014.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-04 05:00 AM Philippines
Government Budget
2012 -2.5% -2.00%


Philippines Government Last Previous Highest Lowest Unit
Government Budget -1.40 -2.30 1.00 -5.30 Percent of GDP [+]
Government Debt to GDP 49.20 51.50 74.90 49.20 Percent [+]
Government Budget Value -62486.00 11782.00 80852.00 -115745.00 PHP Million [+]
Government Spending 221726.94 187012.15 226647.42 109965.40 PHP Million [+]
Credit Rating 45.63 [+]