Philippines recorded a government budget deficit of 76373 PHP Million in February of 2019. Government Budget Value in Philippines averaged -5654.81 PHP Million from 1959 until 2019, reaching an all time high of 80852 PHP Million in April of 2014 and a record low of -118229 PHP Million in December of 2016.

Government Budget Value in Philippines is expected to be -46000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Philippines to stand at -86000.00 in 12 months time. In the long-term, the Philippines Government Budget Value is projected to trend around -54000.00 PHP Million in 2020, according to our econometric models.

Philippines Government Budget Value
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-12-27 07:00 AM Budget Balance PHP-39.1B PHP-59.9B PHP 3B
2019-02-21 06:00 AM Budget Balance PHP-81B PHP-39.1B PHP -82B
2019-03-18 05:00 AM Budget Balance PHP44.5B PHP-81B
2019-03-29 07:00 AM Budget Balance PHP-76.4B PHP44.5B
2019-04-25 10:20 AM Budget Balance PHP-76.4B PHP -120B
2019-05-23 01:30 AM Budget Balance PHP 51B
2019-06-25 05:00 AM Budget Balance PHP -42B


Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 42.10 74.90 41.90 percent [+]
Government Budget -3.00 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -76373.00 44537.00 80852.00 -118229.00 PHP Million [+]
Government Spending 236547.70 250174.31 308024.77 62728.31 PHP Million [+]
Government Revenues 202085.00 256742.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 278458.00 212205.00 330240.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 4507.80 3721.60 4507.80 541.70 USD Million [+]


Philippines Government Budget Value

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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-76373.00 44537.00 80852.00 -118229.00 1959 - 2019 PHP Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 6726.40 Feb/19
Australia 10724.00 Feb/19
Brazil -45013.00 Feb/19
Canada -1536.00 Jan/19
China -30.00 Feb/19
France -36.90 Feb/19
Germany 5.87 Sep/18
India -8514.99 Feb/19
Indonesia -259900.00 Dec/18
Italy -27.22 Feb/19
Japan -41094.00 Dec/18
Mexico 15108.90 Feb/19
Netherlands 1.50 Dec/18
Russia 545.67 Mar/19
Saudi Arabia -238494.00 Dec/17
Singapore 830.00 Feb/19
South Africa 20781.00 Feb/19
South Korea -11804.00 Feb/19
Spain -11747.00 Feb/19
Switzerland 2176.00 Dec/19
Turkey -18675315.00 Feb/19
United Kingdom 6093.00 Feb/19
United States -146945.00 Mar/19


Related

Latest