Total Expenditure (central government) — Value Standard Local Currency in Philippines
Philippines: Total Expenditure (central government) — Value Standard Local Currency was 5.77 million million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Philippines, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Philippines is 5.77 million million SLC, measured in 2024. That is the highest value across all 24 years on record.
That represents a change of up 9.5% on the previous year and up 185.7% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Philippines peaked at 5.77 million million SLC in 2024 and was at its lowest, 707,093 million SLC, in 2001.
That places Philippines 29th out of 174 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Philippines, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 707,093 million SLC | — |
| 2002 | 742,022 million SLC | +4.9% |
| 2003 | 825,113 million SLC | +11.2% |
| 2004 | 867,010 million SLC | +5.1% |
| 2005 | 947,554 million SLC | +9.3% |
| 2006 | 1.04 million million SLC | +10.3% |
| 2007 | 1.16 million million SLC | +10.6% |
| 2008 | 1.31 million million SLC | +13.8% |
| 2009 | 1.43 million million SLC | +9.1% |
| 2010 | 1.47 million million SLC | +2.7% |
| 2011 | 1.58 million million SLC | +7.3% |
| 2012 | 1.83 million million SLC | +15.8% |
| 2013 | 2.00 million million SLC | +9.3% |
| 2014 | 2.02 million million SLC | +1.0% |
| 2015 | 2.41 million million SLC | +19.6% |
| 2016 | 2.68 million million SLC | +11.1% |
| 2017 | 3.32 million million SLC | +23.6% |
| 2018 | 3.61 million million SLC | +8.9% |
| 2019 | 3.66 million million SLC | +1.4% |
| 2020 | 4.10 million million SLC | +12.0% |
| 2021 | 4.51 million million SLC | +9.9% |
| 2022 | 5.02 million million SLC | +11.5% |
| 2023 | 5.27 million million SLC | +4.9% |
| 2024 | 5.77 million million SLC | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 million million SLC | 707,093 million SLC | 1.43 million million SLC | 9 |
| 2010s | 2.46 million million SLC | 1.47 million million SLC | 3.66 million million SLC | 10 |
| 2020s | 4.93 million million SLC | 4.10 million million SLC | 5.77 million million SLC | 5 |
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)
- GDP (constant 2015 US$), annual growth rate 4.4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9749 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.4 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 47.69 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 198,897 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -4.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0845 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Philippines?
- Total expenditure (central government) — value standard local currency in Philippines was 5.77 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Philippines?
- The highest recorded value was 5.77 million million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Philippines?
- The lowest recorded value was 707,093 million SLC in 2001.
- How does Philippines rank for total expenditure (central government) — value standard local currency?
- Philippines ranks 29th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Philippines?
- Over the last ten years it is up 185.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.