Fiscal Expenditure in Philippines decreased to 275724 PHP Million in June from 314672 PHP Million in May of 2019. Fiscal Expenditure in Philippines averaged 49080.23 PHP Million from 1959 until 2019, reaching an all time high of 330240 PHP Million in December of 2017 and a record low of 107 PHP Million in April of 1959.

Fiscal Expenditure in Philippines is expected to be 308000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Philippines to stand at 307000.00 in 12 months time. In the long-term, the Philippines Fiscal Expenditure is projected to trend around 344000.00 PHP Million in 2020, according to our econometric models.

Philippines Fiscal Expenditure
Forecast Data Chart
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Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 42.10 74.90 41.90 percent [+]
Government Budget -3.20 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -41838.00 2564.00 86872.00 -118229.00 PHP Million [+]
Government Spending 327068.78 252372.79 327068.78 62728.31 PHP Million [+]
Government Revenues 233886.00 317236.00 317236.00 81.00 PHP Million [+]
Fiscal Expenditure 275724.00 314672.00 330240.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 3753.00 3755.00 4223.00 513.00 USD Million [+]

Philippines Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Philippines Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Fiscal Expenditure - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
275724.00 314672.00 330240.00 107.00 1959 - 2019 PHP Million Monthly
Current Prices, NSA

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Argentina 527118.20 Jun/19
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China 14425.00 Jul/19
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