Philippines General government revenue (% of GDP) Statistics

22, Mar 2019, EDT.

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Country or Region: Philippines › Change country
Economic Indicator: General government revenue (% of GDP) › See all Philippines indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Philippines Peso
Currency Symbol: PHP

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Philippines , Year 2015 - In Detail

General government revenue (% of GDP) for Philippines in year 2015 is 19.353 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Philippines No. 158 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Philippines is 10.88 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Philippines was 19.30 % General government revenue (% of GDP) for Philippines in 2015 was or will be 0.25% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Philippines was or will be 19.47 %, which is 0.58% more than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Philippines, in other Years
Year %
  2021 19.56
  2020 19.582
  2019 19.603
  2018 19.559
  2017 19.505
  2016 19.466
2015 19.353
  2014 19.304
  2013 18.846
  2012 18.613
  2011 17.598
  2010 16.802
  2009 17.396
  2008 18.664
  2007 18.692
  2006 19.048
  2005 17.838
  2004 17.221
  2003 17.552
  2002 17.462
  2001 18.133
  2000 18.108
  1999 19.05
  1998 19.631
  1997 21.304
  1996 20.785
  1995 19.673
  1994 19.822
  1993 18.763
  1992 18.516
  1991 18.298
  1990 17.786
  1989 14.49
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a