Philippines - Expense

Expense (current LCU)

The value for Expense (current LCU) in Philippines was 2,895,670,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 2,895,670,000,000 in 2019 and a minimum value of 180,587,000,000 in 1990.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 180,587,000,000
1991 199,598,000,000
1992 219,004,000,000
1993 234,563,000,000
2000 580,677,000,000
2001 659,042,000,000
2002 706,523,000,000
2003 769,191,000,000
2004 811,808,000,000
2005 976,800,000,000
2006 954,699,000,000
2007 999,699,000,000
2008 1,093,350,000,000
2009 1,217,410,000,000
2010 1,296,530,000,000
2011 1,371,680,000,000
2012 1,498,210,000,000
2013 1,591,540,000,000
2014 1,693,330,000,000
2015 1,879,220,000,000
2016 2,033,060,000,000
2017 2,253,880,000,000
2018 2,595,950,000,000
2019 2,895,670,000,000

Expense (% of GDP)

Expense (% of GDP) in Philippines was 14.84 as of 2019. Its highest value over the past 29 years was 16.51 in 2005, while its lowest value was 12.82 in 2014.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 14.71
1991 14.03
1992 14.21
1993 13.94
2000 15.70
2001 16.38
2002 16.24
2003 16.30
2004 15.25
2005 16.51
2006 14.57
2007 13.89
2008 13.58
2009 14.51
2010 13.79
2011 13.52
2012 13.55
2013 13.21
2014 12.82
2015 13.48
2016 13.44
2017 13.61
2018 14.21
2019 14.84

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance