NewWelcome, GMD users!Get started

Philippines — General government deficit

millions of PHP · Annual · 1954–2031 · 78 observations

About this series

The general 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' general government deficit reading was −1.11T PHP in 2025. The period change from −1.17T PHP in 2024 was +60.95B PHP. The corresponding ratio to GDP was −3.97% in 2025.

-1.50T-1.00T-500.00B0500.00B195420202031PHPSubscribe to view

Get the full series

  • Annual data, 1954–2031
  • The underlying source, downloadable

Latest observations

2016–2031

PeriodValue
2031-704.86B PHP
2030-695.48B PHP
2029-814.28B PHP
2028-900.73B PHP
2027-933.00B PHP
11 earlier values, back to 2016
2026-1.11T PHP
2025-1.11T PHP
2024-1.17T PHP
2023-1.06T PHP
2022-1.21T PHP
2021-1.21T PHP
2020-995.53B PHP
2019-293.44B PHP
2018-271.05B PHP
2017-124.47B PHP
2016-112.67B PHP
Data release 2026_10_06_0823, published 6 Oct 2026.