Africa's Development Dynamics (AfDD) Table 16 - Public finances in Philippines
Philippines: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 24.4 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Philippines, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Philippines recorded 24.4 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2029.
That represents a change of up 0.3% on the previous year and up 12.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Philippines peaked at 27.2 Percentage of GDP in 2021 and was at its lowest, 16.83 Percentage of GDP, in 2014.
Philippines ranks 104th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Philippines, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 20.81 Percentage of GDP | — |
| 2001 | 21.02 Percentage of GDP | +1.0% |
| 2002 | 20.56 Percentage of GDP | -2.2% |
| 2003 | 20.41 Percentage of GDP | -0.7% |
| 2004 | 19.37 Percentage of GDP | -5.1% |
| 2005 | 18.74 Percentage of GDP | -3.2% |
| 2006 | 18.28 Percentage of GDP | -2.4% |
| 2007 | 18.18 Percentage of GDP | -0.5% |
| 2008 | 17.88 Percentage of GDP | -1.6% |
| 2009 | 19.21 Percentage of GDP | +7.4% |
| 2010 | 18.35 Percentage of GDP | -4.5% |
| 2011 | 17.22 Percentage of GDP | -6.2% |
| 2012 | 17.71 Percentage of GDP | +2.8% |
| 2013 | 17.33 Percentage of GDP | -2.2% |
| 2014 | 16.83 Percentage of GDP | -2.9% |
| 2015 | 17.79 Percentage of GDP | +5.7% |
| 2016 | 19.01 Percentage of GDP | +6.9% |
| 2017 | 19.46 Percentage of GDP | +2.3% |
| 2018 | 20.91 Percentage of GDP | +7.5% |
| 2019 | 21.72 Percentage of GDP | +3.9% |
| 2020 | 25.92 Percentage of GDP | +19.3% |
| 2021 | 27.2 Percentage of GDP | +4.9% |
| 2022 | 25.89 Percentage of GDP | -4.8% |
| 2023 | 25.21 Percentage of GDP | -2.6% |
| 2024 | 24.84 Percentage of GDP | -1.5% |
| 2025 | 24.85 Percentage of GDP | +0.0% |
| 2026 | 24.62 Percentage of GDP | -0.9% |
| 2027 | 24.46 Percentage of GDP | -0.6% |
| 2028 | 24.34 Percentage of GDP | -0.5% |
| 2029 | 24.4 Percentage of GDP | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.45 Percentage of GDP | 17.88 Percentage of GDP | 21.02 Percentage of GDP | 10 |
| 2010s | 18.63 Percentage of GDP | 16.83 Percentage of GDP | 21.72 Percentage of GDP | 10 |
| 2020s | 25.17 Percentage of GDP | 24.34 Percentage of GDP | 27.2 Percentage of GDP | 10 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,171 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 57.51 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 239,837 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.4 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9749 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Philippines?
- Africa's development dynamics (afdd) table 16 - public finances in Philippines was 24.4 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Philippines?
- The highest recorded value was 27.2 Percentage of GDP in 2021.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Philippines?
- The lowest recorded value was 16.83 Percentage of GDP in 2014.
- How does Philippines rank for africa's development dynamics (afdd) table 16 - public finances?
- Philippines ranks 104th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Philippines?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.