Philippines — Central government deficit

millions of LCU · Annual · 1970–2023 · 13 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 −1.48T LCU in 2023. The period change from −1.57T LCU in 2022 was +92.67B LCU. The corresponding ratio to GDP was −6.07% in 2023.

-2.00T-1.50T-1.00T-500.00B0197020152023LCUSubscribe to view

Get the full series

  • Annual data, 1970–2023
  • The underlying source, downloadable

Latest observations

2014–2023

PeriodValue
2023-1.48T LCU
2022-1.57T LCU
2021-1.60T LCU
2020-1.33T LCU
2019-627.87B LCU
5 earlier values, back to 2014
2018-565.30B LCU
2017-348.75B LCU
2016-332.82B LCU
2015-174.01B LCU
2014-65.72B LCU
Data release 2026_08_27_1049, published 30 Sept 2026.