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Philippines: Government expenditure (% of GDP)

Percent of GDP · 1946–2025 · 80 observations · forecasts to 2031 · govexp_GDP

2025
24.3%percent of GDP
Change on 2024
−1.4 pointsfrom 25.6%
Average, 2016–2025
23.5%10 years
Record high and low
27.2% (2021)low 6.28% (1947)

Government expenditure (% of GDP)

Report error
5%10%15%20%25%30%1960198020002020PhilippinesPhilippines
ForecastPercent of GDP

Compare with other countries →Definition of Government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
203121.7Forecast
203021.8Forecast
202922.3Forecast
202822.7Forecast
202723.1Forecast
202624.0Forecast
202524.3
202425.6
202324.7
202225.9
202127.2
202025.9
201921.7
201820.9
201719.5
201619.0

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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