Government Revenues in Philippines increased to 245772 PHP Million in November from 228206 PHP Million in October of 2020. source: Bureau of the Treasury, Philippines

Government Revenues in Philippines averaged 48043.35 PHP Million from 1959 until 2020, reaching an all time high of 350977 PHP Million in June of 2020 and a record low of 81 PHP Million in November of 1959. This page provides - Philippines Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Revenues - values, historical data and charts - was last updated on February of 2021.

Government Revenues in Philippines is expected to be 185000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in Philippines to stand at 223000.00 in 12 months time. In the long-term, the Philippines Government Revenues is projected to trend around 234000.00 PHP Million in 2021 and 255000.00 PHP Million in 2022, according to our econometric models.

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Philippines Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
245772.00 228206.00 350977.00 81.00 1959 - 2020 PHP Million Monthly
Current Prices, NSA

Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.50 41.80 74.90 41.50 percent [+]
Government Budget -3.50 -3.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -302590.00 -128278.00 86872.00 -302590.00 PHP Million [+]
Government Spending 633065.57 612156.61 854691.94 62728.31 PHP Million [+]
Government Revenues 245772.00 228206.00 350977.00 81.00 PHP Million [+]
Fiscal Expenditure 374050.00 289568.00 494389.00 107.00 PHP Million [+]
Military Expenditure 3753.00 3755.00 4223.00 513.00 USD Million [+]
Credit Rating 61.00 [+]


Philippines Government Revenues
Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.