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
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.


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 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 April 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




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136594.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 44944.00 Dec/18
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18


Related

Latest