Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
—
Highest
87.95 B PHP on Jan 31, 2024
Lowest
−400.96 B PHP on Dec 31, 2023
About Philippines Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.