Philippines — Central government deficit
millions of PHP · Annual · 1970–2024 · 30 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock.
The Philippines' central government deficit reading was −1.50T PHP in 2024. The period change from −1.48T PHP in 2023 was −25.12B PHP. The corresponding ratio to GDP was −5.68% in 2024.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2015–2024
| Period | Value |
|---|---|
| 2024 | -1.50T PHP |
| 2023 | -1.48T PHP |
| 2022 | -1.57T PHP |
| 2021 | -1.59T PHP |
| 2020 | -1.33T PHP |
5 earlier values, back to 2015
| 2019 | -627.80B PHP |
| 2018 | -565.24B PHP |
| 2017 | -348.71B PHP |
| 2016 | -332.78B PHP |
| 2015 | -173.99B PHP |