Philippines Government SpendingPhilippines Government SpendingPhilippines Government Spending

Philippines Government Spending

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪930.30 B‬PHP on Jun 30, 2024
Lowest
‪176.67 B‬PHP on Dec 31, 2002

About Philippines Government Spending


Category
Government
Frequency
Quarterly
Units
PHP
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.