Government Spending in Philippines decreased to 236547.70 PHP Million in the fourth quarter of 2018 from 250174.31 PHP Million in the third quarter of 2018. Government Spending in Philippines averaged 117255.16 PHP Million from 1981 until 2018, reaching an all time high of 308024.77 PHP Million in the second quarter of 2018 and a record low of 62728.31 PHP Million in the first quarter of 1986.

Government Spending in Philippines is expected to be 252128.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Philippines to stand at 267436.00 in 12 months time. In the long-term, the Philippines Government Spending is projected to trend around 303903.00 PHP Million in 2020, according to our econometric models.

Philippines Government Spending
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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 -2.20 -2.40 1.00 -5.30 percent of GDP [+]
Government Budget Value -81040.00 -39100.00 80852.00 -118229.00 PHP Million [+]
Government Spending 236547.70 250174.31 308024.77 62728.31 PHP Million [+]
Government Revenues 259702.00 246762.00 307558.00 81.00 PHP Million [+]
Fiscal Expenditure 298820.00 306627.00 330240.00 107.00 PHP Million [+]
Credit Rating 53.12 [+]
Military Expenditure 4507.80 3721.60 4507.80 541.70 USD Million [+]


Philippines Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Philippines Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Government Spending - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
236547.70 250174.31 308024.77 62728.31 1981 - 2018 PHP Million Quarterly
Constant Prices, NSA




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