Philippines Total Government Net Lending/ Borrowing (National Currency) Statistics

21, Nov 2019, EST.

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Country or Region: Philippines › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Philippines indicators, › See Total Government Net Lending/ Borrowing (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

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net 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

Total Government Net Lending/ Borrowing (National Currency) Statistics for Philippines , Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Philippines is PHP -1.232 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Philippines was PHP 111.29 Billions Total Government Net Lending/ Borrowing (National Currency) for Philippines in 2015 was or will be 101.11% less than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Philippines was or will be PHP -92.88 Billions, which is 7.00% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Philippines, in other Years
Year Billions
  2021 -315.146
  2020 -256.422
  2019 -207.078
  2018 -164.529
  2017 -127.82
  2016 -92.88
2015 -1.232
  2014 111.293
  2013 23.062
  2012 -32.084
  2011 -38.848
  2010 -211.83
  2009 -215.541
  2008 1.326
  2007 -20.51
  2006 -3.037
  2005 -96.134
  2004 -149.443
  2003 -164.702
  2002 -161.268
  2001 -140.617
  2000 -121.049
  1999 -76.577
  1998 -39.86
  1997 10.18
  1996 13.325
  1995 -0.349
  1994 -8.594
  1993 10.576
  1992 -6.692
  1991 -3.726
  1990 -18.687
  1989 -17.327
  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