Philippines Government Budget Value  1959-2017 | Data | Chart | Calendar

Philippines recorded a government budget surplus of 2.22 PHP billion in January of 2017, following a 3.47 PHP billion deficit in the same month a year earlier. It was the first surplus for a January month since 2011, as revenues were registered at 200.31 PHP billion while spending came in at 198.09 PHP billion. In 2016, the country posted a 353.4 PHP billion budget deficit, lower than the government target of 388.9 PHP billion gap but much higher than a 121.7 PHP billion gap in 2015. Government Budget Value in Philippines averaged -4504.61 PHP Million from 1959 until 2017, reaching an all time high of 80852 PHP Million in April of 2014 and a record low of -118200 PHP Million in December of 2016.

Philippines Government Budget Value
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-28 07:00 AM Nov PHP-19.1B PHP-2.3B PHP-6.6B
2017-03-02 06:30 AM Dec PHP-118.2B PHP-19.1B PHP -35.5B
2017-03-23 06:00 AM Feb PHP2.2B PHP-118.2B PHP -21.7B
2017-04-28 12:30 AM Mar PHP2.2B PHP -43.9B
2017-05-31 12:30 AM Apr PHP -9B
2017-06-30 12:30 AM May PHP -37.4B




Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.10 45.05 74.90 42.10 percent [+]
Government Budget -0.90 -1.40 1.00 -5.30 percent of GDP [+]
Government Budget Value 2220.00 -118200.00 80852.00 -118200.00 PHP Million [+]
Government Spending 186933.61 201422.67 254929.73 62728.31 PHP Million [+]
Government Revenues 200314.00 165326.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 198092.00 283555.00 283555.00 107.00 PHP Million [+]
Military Expenditure 3893.20 3103.10 3893.20 1919.90 USD Million [+]
Credit Rating 53.12 [+]



Philippines Government Budget Value Notes

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Philippines Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines Government Budget Value - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2220.00 -118200.00 80852.00 -118200.00 1959 - 2017 PHP Million Monthly
Current Prices, NSA



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Albania 7866.00 Jan/17
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China 321.27 Feb/17
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Croatia 459.70 Jan/17
Cuba -4778.00 Dec/15
Cyprus 186.50 Sep/16
Czech Republic -5425.69 Feb/17
Denmark -12061.00 Sep/16
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Egypt 305038.00 Jun/16
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Estonia -78.23 Jan/17
Finland -3126.40 Dec/16
France -5.40 Jan/17
Georgia 106.20 Dec/16
Germany -5.10 Sep/16
Ghana -740.99 Sep/16
Greece 423.00 Feb/17
Guatemala 1196.30 Jan/17
Hong Kong 108170.00 Dec/16
Hungary 57.00 Feb/17
Iceland -94815.00 Dec/16
India -5641.92 Jan/17
Indonesia -305229.70 Dec/16
Iran -460352.90 Dec/15
Iraq -3927263.00 Dec/15
Ireland 1572.00 Dec/16
Israel -2900.00 Feb/17
Italy 5.49 Jan/17
Japan -44416.00 Dec/16
Jordan -131.70 Nov/16
Kazakhstan -112506.50 Feb/17
Kenya -114740.00 Oct/16
Kosovo 93.80 Dec/15
Kuwait -431.90 Dec/15
Kyrgyzstan 2304438.30 Jan/17
Latvia 10956.00 Feb/17
Lebanon -773875.00 Dec/16
Lithuania 99.90 Sep/16
Luxembourg 647.80 Dec/15
Macau 10137.27 Sep/16
Macedonia -2138.00 Jan/17
Malawi 3077.50 Jun/15
Malaysia 5581.40 Sep/16
Maldives -836.80 Oct/16
Malta 46500.00 Feb/17
Mauritius -650.00 Jan/17
Mexico -29619.90 Jan/17
Moldova -2733.20 Dec/15
Mongolia -211726.10 Feb/17
Montenegro -136683389.57 Dec/16
Netherlands -0.70 Dec/16
New Zealand 1831.00 Dec/16
Nicaragua -141.84 Dec/16
Nigeria -159.19 Sep/16
Norway -18920.00 Sep/16
Oman 52.20 Dec/16
Pakistan -1349300.00 Dec/16
Peru -1835.87 Feb/17
Philippines 2220.00 Jan/17
Poland 855.10 Feb/17
Portugal -495.00 Jan/17
Qatar 123455.00 Dec/14
Romania 1951.20 Jan/17
Russia 295924.80 Jan/17
Saudi Arabia -362229.00 Dec/15
Seychelles -277.00 Dec/16
Sierra Leone -103035.00 Sep/16
Singapore 674.00 Jan/17
Slovakia -407.69 Feb/17
Slovenia -143.00 Dec/16
South Africa -36051.00 Jan/17
South Korea 21010.00 Nov/16
Spain -26413.00 Nov/16
Sri Lanka -829502.00 Dec/15
Suriname -1742.70 Dec/15
Swaziland -6502412.00 Dec/16
Sweden 8688.00 Jan/17
Switzerland 1323.00 Dec/17
Taiwan -244.20 Dec/16
Tajikistan -945.60 Dec/16
Thailand -93003.00 Jan/17
Turkey -14557823.00 Feb/17
Ukraine -25017.55 Jan/17
United Kingdom 12875.00 Feb/17
United States -192044.00 Feb/17
Uruguay 3709.06 Jan/17
Uzbekistan 100.70 Dec/16
Vietnam -190940.00 Dec/15