Total Expenditure (central government) — Value US$ in Philippines
Philippines: Total Expenditure (central government) — Value US$ was 100,673 million USD in 2024. ◆ Volatile
Total Expenditure (central government) — Value US$ in Philippines, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$ in Philippines is 100,673 million USD, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 6.3% on the previous year and up 121.4% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Philippines peaked at 100,673 million USD in 2024 and was at its lowest, 13,867 million USD, in 2001.
Philippines ranks 30th of 173 countries on this measure, 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 US$ in Philippines, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 13,867 million USD | — |
| 2002 | 14,379 million USD | +3.7% |
| 2003 | 15,222 million USD | +5.9% |
| 2004 | 15,471 million USD | +1.6% |
| 2005 | 17,202 million USD | +11.2% |
| 2006 | 20,361 million USD | +18.4% |
| 2007 | 25,039 million USD | +23.0% |
| 2008 | 29,660 million USD | +18.5% |
| 2009 | 30,079 million USD | +1.4% |
| 2010 | 32,653 million USD | +8.6% |
| 2011 | 36,479 million USD | +11.7% |
| 2012 | 43,311 million USD | +18.7% |
| 2013 | 47,080 million USD | +8.7% |
| 2014 | 45,479 million USD | -3.4% |
| 2015 | 53,066 million USD | +16.7% |
| 2016 | 56,489 million USD | +6.5% |
| 2017 | 65,775 million USD | +16.4% |
| 2018 | 68,561 million USD | +4.2% |
| 2019 | 70,694 million USD | +3.1% |
| 2020 | 82,621 million USD | +16.9% |
| 2021 | 91,484 million USD | +10.7% |
| 2022 | 92,214 million USD | +0.8% |
| 2023 | 94,696 million USD | +2.7% |
| 2024 | 100,673 million USD | +6.3% |
Philippines compared with similar countries
- Philippines's 100,673 million USD is above the median for upper middle income countries, which is 9,392 million USD, 10.7× the median. (49 countries reporting)
- Philippines's 100,673 million USD is above the median for East Asia & Pacific, which is 6,511 million USD, 15.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,142 million USD | 13,867 million USD | 30,079 million USD | 9 |
| 2010s | 51,959 million USD | 32,653 million USD | 70,694 million USD | 10 |
| 2020s | 92,338 million USD | 82,621 million USD | 100,673 million USD | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Philippines?
- Total expenditure (central government) — value us$ in Philippines was 100,673 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Philippines?
- The highest recorded value was 100,673 million USD in 2024.
- What is the lowest total expenditure (central government) — value us$ recorded in Philippines?
- The lowest recorded value was 13,867 million USD in 2001.
- How does Philippines rank for total expenditure (central government) — value us$?
- Philippines ranks 30th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in Philippines?
- Over the last ten years it is up 121.4%. 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 US$. 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.