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

Philippines recorded a government budget deficit of 23.7 PHP billion in February of 2017, following a 34.6 PHP billion shortfall in the same month a year earlier, as revenues were registered at 151.84 PHP billion while spending stood at 175.56 PHP billion. Considering January to February 2017, the budget gap came in at 21.5 PHP billion. For 2017, the government expects budget gap to reach 478.1 PHP billion or 3.0 percent of the country's gross domestic products, the largest in seven years. In 2016, the country posted a 353.4 PHP billion budget deficit, lower than the government target of a 388.9 PHP billion gap. Government Budget Value in Philippines averaged -4532.11 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)
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
2017-04-20 04:45 AM Mar PHP-23.7B PHP2.2B PHP -43.9B
2017-05-31 12:30 AM Apr PHP-23.7B PHP -8.9B
2017-06-30 12:30 AM May PHP -37.9B
2017-07-31 12:30 AM Jun PHP -34.5B




Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.10 45.05 74.90 42.10 percent [+]
Government Budget -2.40 -0.90 1.00 -5.30 percent of GDP [+]
Government Budget Value -23724.00 2220.00 80852.00 -118200.00 PHP Million [+]
Government Spending 186933.61 201422.67 254929.73 62728.31 PHP Million [+]
Government Revenues 151838.00 200314.00 246633.00 81.00 PHP Million [+]
Fiscal Expenditure 175562.00 198092.00 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-23724.00 2220.00 80852.00 -118200.00 1959 - 2017 PHP Million Monthly
Current Prices, NSA



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Albania 7866.00 Jan/17
Angola -806.50 Dec/15
Argentina -26746.80 Feb/17
Armenia -132204.50 Dec/16
Australia 6137.00 Feb/17
Austria -750.00 Feb/17
Azerbaijan 321.20 Mar/17
Bahrain -455.10 Dec/14
Bangladesh -82137.00 Dec/16
Belarus -33711.00 Feb/17
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Belize -288.70 Dec/15
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Brazil -54244.00 Feb/17
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Canada 1240.00 Jan/17
Chile -9376.20 Feb/17
China 321.27 Feb/17
Colombia -4881.44 Dec/16
Congo 5958.62 Jan/17
Costa Rica -1634425.60 Dec/16
Croatia -2042.30 Feb/17
Cuba -4778.00 Dec/15
Cyprus 88.40 Jan/17
Czech Republic 1005.92 Mar/17
Denmark -12061.00 Sep/16
Ecuador -1611.83 Dec/16
Egypt 305038.00 Jun/16
El Salvador -114.20 Dec/16
Estonia -87.54 Feb/17
Finland -339.80 Mar/17
France -21.47 Feb/17
Georgia 106.20 Dec/16
Germany -5.10 Sep/16
Ghana -740.99 Sep/16
Greece 423.00 Feb/17
Guatemala -716.30 Feb/17
Hong Kong 108170.00 Dec/16
Hungary -378.50 Mar/17
Iceland -94815.00 Dec/16
India -6056.14 Feb/17
Indonesia -305229.70 Dec/16
Iran -460352.90 Dec/15
Iraq -3927263.00 Dec/15
Ireland 1572.00 Dec/16
Israel -3700.00 Mar/17
Italy 13.64 Feb/17
Japan -44416.00 Dec/16
Jordan 114.30 Jan/17
Kazakhstan -216209.00 Mar/17
Kenya -114740.00 Oct/16
Kosovo 93.80 Dec/15
Kuwait -431.90 Dec/15
Kyrgyzstan -2.88 Feb/17
Latvia -78107136.00 Mar/17
Lebanon -773875.00 Dec/16
Lithuania -183.40 Mar/17
Luxembourg 647.80 Dec/15
Macau 10137.27 Sep/16
Macedonia -1535.00 Feb/17
Malawi 3077.50 Jun/15
Malaysia 5581.40 Sep/16
Maldives -836.80 Oct/16
Malta 46500.00 Feb/17
Mauritius -2656.70 Feb/17
Mexico -1930.00 Feb/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 -225.04 Jan/17
Nigeria -159.19 Sep/16
Norway -60215.00 Dec/16
Oman -326.10 Feb/17
Pakistan -1349300.00 Dec/16
Peru -900.97 Mar/17
Philippines -23724.00 Feb/17
Poland 855.10 Feb/17
Portugal -495.00 Jan/17
Qatar 123455.00 Dec/14
Romania -3786.90 Feb/17
Russia -274.21 Mar/17
Saudi Arabia -362229.00 Dec/15
Seychelles -277.00 Dec/16
Sierra Leone -103035.00 Sep/16
Singapore 362.20 Feb/17
Slovakia -336.97 Mar/17
Slovenia -243.00 Mar/17
South Africa 24375.00 Feb/17
South Korea 4008.00 Feb/17
Spain -10751.00 Feb/17
Sri Lanka -829502.00 Dec/15
Suriname -1742.70 Dec/15
Swaziland -6502412.00 Dec/16
Sweden 42880.00 Feb/17
Switzerland 1323.00 Dec/17
Taiwan -244.20 Dec/16
Tajikistan -945.60 Dec/16
Thailand -93003.00 Jan/17
Turkey -19.51 Mar/17
Ukraine -1370.89 Feb/17
United Kingdom 12875.00 Feb/17
United States -176232.00 Mar/17
Uruguay -4332.82 Feb/17
Uzbekistan 100.70 Dec/16
Vietnam -190940.00 Dec/15