Fiscal Expenditure in Philippines decreased to 221804 PHP Million in April from 287327 PHP Million in March of 2019. Fiscal Expenditure in Philippines averaged 48400.35 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 295000.00 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 326000.00 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 -3.00 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value 86872.00 -58409.00 86872.00 -118229.00 PHP Million [+]
Government Spending 252372.79 236453.69 305815.43 62728.31 PHP Million [+]
Government Revenues 308676.00 228918.00 308676.00 81.00 PHP Million [+]
Fiscal Expenditure 221804.00 287327.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
221804.00 287327.00 330240.00 107.00 1959 - 2019 PHP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 357107.90 Apr/19
Australia 39433.00 Apr/19
Canada 40708.00 Mar/19
China 17356.00 May/19
France 134.56 Apr/19
Germany 355.47 Sep/18
India 2546.79 Apr/19
Indonesia 2202200.00 Dec/18
Italy 57.47 Mar/19
Mexico 424834.30 Apr/19
Netherlands 49.60 Dec/18
Russia 10704677.60 Apr/19
Saudi Arabia 1030415.00 Dec/18
Singapore 3275.60 Apr/19
South Africa 146708.00 Apr/19
South Korea 186930.00 Apr/19
Switzerland 224309.00 Dec/19
Turkey 70818649.00 Apr/19
United States 439833.00 May/19