Philippines government budget

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Philippines government budget: -6.2 (-15.07%)
Last Update: December 31, 2023

Philippines government budget closed down -6.2 as of December 31, 2023 from -7.3 from the previous month and -2 from last year.


Philippines government budget Analytics & Data




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Philippines government budget

Date Values
2023-12-31 -6.2
2022-12-31 -7.3
2021-12-31 -8.6
2020-12-31 -7.5
2019-12-31 -3.4
2018-12-31 -3.2
2017-12-31 -2.2
2016-12-31 -2.4
2015-12-31 -0.9
2014-12-31 -0.6
2013-12-31 -1.4
2012-12-31 -2.3
2011-12-31 -2
2010-12-31 -3.5
2009-12-31 -3.7
2008-12-31 -0.9
2007-12-31 -0.1
2006-12-31 -1.1
2005-12-31 -2.7
2004-12-31 -3.8
2003-12-31 -4.6
2002-12-31 -5.3
2001-12-31 -4
2000-12-31 -4

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Philippines government budget Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
government budget ph.govbudget -6.2 -7.3 -15 210 Down Down 0 2023-12-31

Philippines government budget Quantitative Analysis, Charts & Factors

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Philippines government budget Historical Data

The MacroVar database offers free access to historical data for the Philippines government budget, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines government budget data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines government budget

The Philippines government budget is a financial plan that outlines the government's estimated revenues and expenses for a specific period, typically one fiscal year. The budget is a crucial tool for policymakers as it helps in allocating resources to various government programs and services, such as education, healthcare, infrastructure, and social welfare. It also serves as a means to monitor the government's fiscal health and ensure that expenditures are in line with revenue projections. The budget goes through a rigorous process of preparation, review, and approval by the legislative branch before it is implemented. Additionally, the government budget reflects the priorities and objectives of the administration in power, as it dictates how public funds are to be spent to address the country's socio-economic needs.

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