Government revenues as a share of GDP in Philippines
Philippines: Government revenues as a share of GDP was 15.7% in 2023. ▲ Rising
Government revenues as a share of GDP in Philippines, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, government revenues as a share of gdp in Philippines stood at 15.7%.
Compared with earlier readings it is down 23.3% on the previous year and down 11.3% over ten years.
Over the whole period, government revenues as a share of gdp in Philippines peaked at 20.5% in 2022 and was at its lowest, 12.8%, in 2010.
Philippines ranks 155th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Government revenues as a share of GDP in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 14.0% | — |
| 2001 | 14.2% | +1.5% |
| 2002 | 13.3% | -6.3% |
| 2003 | 13.6% | +1.9% |
| 2004 | 13.3% | -2.1% |
| 2005 | 13.8% | +3.5% |
| 2006 | 14.9% | +8.1% |
| 2007 | 14.6% | -2.3% |
| 2008 | 14.6% | +0.1% |
| 2009 | 13.4% | -8.1% |
| 2010 | 12.8% | -4.0% |
| 2011 | 13.4% | +4.3% |
| 2012 | 17.5% | +30.6% |
| 2013 | 17.7% | +1.3% |
| 2014 | 18.2% | +2.5% |
| 2015 | 18.5% | +2.0% |
| 2016 | 18.3% | -1.3% |
| 2017 | 18.7% | +2.4% |
| 2018 | 19.4% | +3.8% |
| 2019 | 20.3% | +4.3% |
| 2020 | 20.4% | +0.8% |
| 2021 | 20.1% | -1.4% |
| 2022 | 20.5% | +1.7% |
| 2023 | 15.7% | -23.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.0% | 13.3% | 14.9% | 10 |
| 2010s | 17.5% | 12.8% | 20.3% | 10 |
| 2020s | 19.2% | 15.7% | 20.5% | 4 |
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 capital formation (constant 2015 US$), annual growth rate -1.69 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2093 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 872.94 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.81 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4024 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,678 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.21 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 23.14 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Philippines?
- Government revenues as a share of gdp in Philippines was 15.7% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Philippines?
- The highest recorded value was 20.5% in 2022.
- What is the lowest government revenues as a share of gdp recorded in Philippines?
- The lowest recorded value was 12.8% in 2010.
- How does Philippines rank for government revenues as a share of gdp?
- Philippines ranks 155th out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Philippines?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.