Philippines - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Philippines was 572,919,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 572,919,000,000 in 2019 and a minimum value of 30,215,000,000 in 1990.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

Year Value
1990 30,215,000,000
1991 36,200,000,000
1992 33,704,000,000
1993 34,565,000,000
1994 46,837,000,000
1995 46,950,000,000
1996 83,401,000,000
1998 118,303,000,000
1999 142,128,000,000
2000 80,009,000,000
2001 88,024,000,000
2002 83,400,000,000
2003 78,541,000,000
2004 83,838,000,000
2005 84,757,000,000
2006 99,990,000,000
2007 64,100,000,000
2008 138,690,000,000
2009 187,500,000,000
2010 182,100,000,000
2011 201,200,000,000
2012 256,741,000,000
2013 282,880,000,000
2014 308,729,000,000
2015 403,399,000,000
2016 419,836,000,000
2017 465,372,000,000
2018 525,606,000,000
2019 572,919,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Philippines was 19.79 as of 2019. Its highest value over the past 29 years was 21.47 in 2015, while its lowest value was 6.41 in 2007.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
1990 16.73
1991 18.14
1992 15.39
1993 14.74
2000 13.78
2001 13.36
2002 11.80
2003 10.21
2004 10.33
2005 8.68
2006 10.47
2007 6.41
2008 12.68
2009 15.40
2010 14.05
2011 14.67
2012 17.14
2013 17.77
2014 18.23
2015 21.47
2016 20.65
2017 20.65
2018 20.25
2019 19.79

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance