Philippines General Government Structural Balance (National Currency) Statistics

19, Nov 2019, EST.

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Country or Region: Philippines › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Philippines indicators, › See General Government Structural Balance (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

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. 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 Structural Balance (National Currency) Statistics for Philippines , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Philippines is PHP 0.598 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

In the previous year, 2014, General Government Structural Balance (National Currency) for Philippines was PHP 79.24 Billion General Government Structural Balance (National Currency) for Philippines in 2015 was or will be 99.25% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Philippines was or will be PHP -82.81 Billion, which is 13.00% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Philippines, in other Years
Year Billion
  2021 -317.163
  2020 -249.496
  2019 -193.696
  2018 -149.119
  2017 -113.804
  2016 -82.808
2015 0.598
  2014 79.241
  2013 11.196
  2012 -33.673
  2011 -4.632
  2010 -223.561
  2009 -145.669
  2008 -34.58
  2007 -44.777
  2006 -7.72
  2005 -112.885
  2004 -164.887
  2003 -175.226
  2002 -169.03
  2001 -149.604
  2000 -135.215
  1999 -91.406
  1998 -46.464
  1997 -24.575
  1996 -12.781
  1995 -11.113
  1994 -13.234
  1993 20.599
  1992 -1.182
  1991 -6.88
  1990 -28.085
  1989 n/a
  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