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

Philippines recorded a government budget deficit of 19.1 PHP billion in November of 2016, compared to a 6.03 PHP billion surplus a year earlier. It was the third straight month of deficit, as the pace of revenue collection (209.2 PHP billion) was slower than that of the government spending (228.3 PHP billion). In October 2016, the country posted a 2.3 PHP billion budget gap. For the first eleven months of 2016, budget deficit was registered at 235.9 PHP billion, an increase of 409.7 percent compared to the same period a year earlier. Government Budget Value in Philippines averaged -4329.44 PHP Million from 1959 until 2016, reaching an all time high of 80852.00 PHP Million in April of 2014 and a record low of -115745.00 PHP Million in December of 2012.

Philippines Government Budget Value
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-08 12:30 AM Sep PHP-75.3B PHP32.6B -18.7B
2016-11-28 12:30 AM Oct PHP-2.3B PHP-75.3B -19.8B
2016-12-28 07:00 AM Nov PHP-19.1B PHP-2.3B PHP-6.6B
2017-01-27 12:30 AM Dec PHP-19.1B PHP -35.5B
2017-02-28 12:30 AM Jan PHP -10B
2017-03-30 12:30 AM Feb PHP -24B




Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.05 45.40 74.90 45.05 percent [+]
Government Budget -0.90 -1.40 1.00 -5.30 percent of GDP [+]
Government Budget Value -19145.00 -2300.00 80852.00 -115745.00 PHP Million [+]
Government Spending 201422.67 254929.73 254929.73 62728.31 PHP Million [+]
Government Revenues 209212.00 174642.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 228357.00 176967.00 242102.00 107.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-19145.00 -2300.00 80852.00 -115745.00 1959 - 2016 PHP Million Monthly
Current Prices, NSA



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Hong Kong -25624.00 Sep/16
Hungary -907.60 Dec/16
Iceland -17538.00 Nov/16
India -4580.00 Nov/16
Indonesia -298494.80 Dec/15
Iran -460352.90 Dec/15
Iraq -3927263.00 Dec/15
Ireland 293.00 Sep/16
Israel -18135.00 Dec/16
Italy -21.69 Nov/16
Japan -51875.00 Sep/16
Jordan -131.70 Nov/16
Kazakhstan -493299.98 Nov/16
Kenya -515348.21 Jun/16
Kosovo 93.80 Dec/15
Kuwait -431.90 Dec/15
Kyrgyzstan -16533482.40 Nov/16
Latvia -95804.00 Nov/16
Lebanon -681483.00 Aug/16
Lithuania -173.40 Jun/16
Luxembourg 647.80 Dec/15
Macau 10137.27 Sep/16
Macedonia -2693.00 Nov/16
Malawi 3077.50 Jun/15
Malaysia 5581.40 Sep/16
Maldives 743.50 Aug/16
Malta 44643.00 Nov/16
Mauritius -1091.70 Nov/16
Mexico -56453.20 Nov/16
Moldova -2733.20 Dec/15
Mongolia -2677348.85 Nov/16
Montenegro -92964072.88 Sep/16
Netherlands -7.30 Sep/16
New Zealand 1831.00 Dec/16
Nicaragua -2931.79 Oct/16
Nigeria -656.29 Jun/16
Norway -18920.00 Sep/16
Oman -131.60 Nov/16
Pakistan -1349300.00 Dec/16
Peru -7074.47 Dec/16
Philippines -19145.00 Nov/16
Poland -27567.67 Nov/16
Portugal -6540.00 Nov/16
Qatar 123455.00 Dec/14
Romania -17118.00 Nov/16
Russia -1348390.00 Nov/16
Saudi Arabia -362229.00 Dec/15
Seychelles 103.00 Sep/16
Sierra Leone -103035.00 Sep/16
Singapore 1765.80 Nov/16
Slovakia -980.26 Dec/16
Slovenia -14.00 Oct/16
South Africa -17903.00 Nov/16
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 34090.00 Nov/16
Switzerland 1323.00 Dec/17
Taiwan -244.20 Dec/16
Tajikistan -497.20 Oct/16
Thailand 30531.00 Nov/16
Turkey 6705574.00 Nov/16
Ukraine 9987.81 Nov/16
United Kingdom 13525.00 Nov/16
United States -27516.00 Dec/16
Uruguay -5658.39 Nov/16
Uzbekistan 76.60 Sep/16
Vietnam -190940.00 Dec/15