Philippines: Government deficit
Millions of local currency · 1954–2025 · 72 observations · forecasts to 2031 · govdef
- 2025
- −1.11 trillionlocal currency
Government deficit
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Compare with other countries →Definition of Government deficit
Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2031 | -704,856 | Forecast |
| 2030 | -695,484 | Forecast |
| 2029 | -814,282 | Forecast |
| 2028 | -900,726 | Forecast |
| 2027 | -932,999 | Forecast |
| 2026 | -1,111,128 | Forecast |
| 2025 | -1,112,601 | |
| 2024 | -1,173,547 | |
| 2023 | -1,064,130 | |
| 2022 | -1,207,348 | |
| 2021 | -1,209,836 | |
| 2020 | -995,531 | |
| 2019 | -293,436 | |
| 2018 | -271,045 | |
| 2017 | -124,473 | |
| 2016 | -112,675 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
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