Philippines General government revenue (National Currency) Statistics

11, Nov 2019, EST.

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Country or Region: Philippines › Change country
Economic Indicator: General government revenue (National Currency) › See all Philippines indicators, › See General government revenue (National Currency) 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. Source: Ministry of Finance or Treasury. Department of Finance Latest actual data: 2015. 2014 data accommodates actual figures for national government revenue and expenditure, but reflects projections for local governments and social security institutions. Fiscal assumptions: Fiscal projections assume that the authorities? fiscal deficit target will be achieved in 2016 and beyond. Revenue projections reflect the IMF staff?s macroeconomic assumptions and incorporate anticipated improvements in tax administration. Expenditure projections are based on budgeted figures, institutional arrangements, current data, and fiscal space in each year. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash. Classific

General government revenue (National Currency) Statistics for Philippines , Year 2015 - In Detail

General government revenue (National Currency) for Philippines is PHP 2,571.03 Billions. 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.

In the previous year, 2014, General government revenue (National Currency) for Philippines was PHP 2,440.55 Billions General government revenue (National Currency) for Philippines in 2015 was or will be 5.35% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (National Currency) for Philippines was or will be PHP 2,796.70 Billions, which is 8.78% more than the 2015 figure.

* Source: IMF
General government revenue (National Currency) for Philippines, in other Years
Year Billions
  2021 4,542.52
  2020 4,125.44
  2019 3,748.48
  2018 3,394.94
  2017 3,078.03
  2016 2,796.70
2015 2,571.03
  2014 2,440.55
  2013 2,175.28
  2012 1,965.70
  2011 1,708.44
  2010 1,512.80
  2009 1,396.20
  2008 1,441.04
  2007 1,288.41
  2006 1,194.53
  2005 1,012.82
  2004 881.791
  2003 798.261
  2002 733.098
  2001 705.172
  2000 648.382
  1999 618.017
  1998 579.648
  1997 572.815
  1996 500.17
  1995 415.435
  1994 371.804
  1993 306.525
  1992 277.277
  1991 253.009
  1990 212.284
  1989 148.952
  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