Total Expenditure (central government) — Value US$, 2015 prices in Philippines

Philippines: Total Expenditure (central government) — Value US$, 2015 prices was 99,173 million USD in 2024. ▲ Rising

Latest (2024)
99,173 million USD
Change on year
up 6.4%
World rank
28th
of 173 countries
All-time high
99,173 million USD
in 2024
All-time low
25,854 million USD
in 2001
Years of data
24
2001–2024

Total Expenditure (central government) — Value US$, 2015 prices in Philippines, 2001–2024

20.0k40.0k60.0k80.0k100.0k2001201220242001: 25.9k million USD2002: 26.0k million USD2003: 28.0k million USD2004: 27.8k million USD2005: 28.7k million USD2006: 30.1k million USD2007: 32.3k million USD2008: 34.3k million USD2009: 36.4k million USD2010: 35.8k million USD2011: 37.0k million USD2012: 42.0k million USD2013: 44.9k million USD2014: 44.1k million USD2015: 53.1k million USD2016: 58.2k million USD2017: 70.3k million USD2018: 73.8k million USD2019: 74.3k million USD2020: 81.9k million USD2021: 88.0k million USD2022: 93.0k million USD2023: 93.2k million USD2024: 99.2k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Philippines recorded 99,173 million USD for total expenditure (central government) — value us$, 2015 prices in 2024. That is the highest value across all 24 years on record.

That represents a change of up 6.4% on the previous year and up 125.1% over ten years.

Over the whole period, total expenditure (central government) — value us$, 2015 prices in Philippines peaked at 99,173 million USD in 2024 and was at its lowest, 25,854 million USD, in 2001.

Philippines ranks 28th of 173 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Total Expenditure (central government) — Value US$, 2015 prices in Philippines, year by year

Annual values for Total Expenditure (central government) — Value US$, 2015 prices in Philippines, 2001 to 2024.
Year million USD Change
2001 25,854 million USD
2002 26,030 million USD +0.7%
2003 28,050 million USD +7.8%
2004 27,834 million USD -0.8%
2005 28,722 million USD +3.2%
2006 30,131 million USD +4.9%
2007 32,301 million USD +7.2%
2008 34,287 million USD +6.1%
2009 36,407 million USD +6.2%
2010 35,827 million USD -1.6%
2011 36,981 million USD +3.2%
2012 41,972 million USD +13.5%
2013 44,933 million USD +7.1%
2014 44,053 million USD -2.0%
2015 53,066 million USD +20.5%
2016 58,214 million USD +9.7%
2017 70,307 million USD +20.8%
2018 73,806 million USD +5.0%
2019 74,334 million USD +0.7%
2020 81,881 million USD +10.2%
2021 87,981 million USD +7.4%
2022 92,984 million USD +5.7%
2023 93,223 million USD +0.3%
2024 99,173 million USD +6.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 29,957 million USD 25,854 million USD 36,407 million USD 9
2010s 53,349 million USD 35,827 million USD 74,334 million USD 10
2020s 91,048 million USD 81,881 million USD 99,173 million USD 5

Countries ranked near Philippines

  1. 25 Singapore 102,475 million USD compare
  2. 26 Thailand 100,576 million USD compare
  3. 27 Egypt 100,117 million USD compare
  4. 29 Ireland 97,925 million USD compare
  5. 30 Pakistan 94,020 million USD compare
  6. 31 Malaysia 88,551 million USD compare

See the full ranking of 188 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is total expenditure (central government) — value us$, 2015 prices in Philippines?
Total expenditure (central government) — value us$, 2015 prices in Philippines was 99,173 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Philippines?
The highest recorded value was 99,173 million USD in 2024.
What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Philippines?
The lowest recorded value was 25,854 million USD in 2001.
How does Philippines rank for total expenditure (central government) — value us$, 2015 prices?
Philippines ranks 28th out of 173 countries with data for 2024.
Is total expenditure (central government) — value us$, 2015 prices rising or falling in Philippines?
Over the last ten years it is up 125.1%. The long-run trend across the full record is rising.
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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value US$, 2015 prices in Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-us-2015-prices/philippines/

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About this data

Indicator
Total Expenditure (central government) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.