Expense in Philippines
Philippines: Expense was 16.9% in 2023. ▲ Rising
Expense in Philippines, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Philippines stood at 16.9%.
Compared with earlier readings it is down 9.3% on the previous year and up 27.8% over ten years.
Over the whole period, expense in Philippines peaked at 19.6% in 2020 and was at its lowest, 12.8%, in 2014.
That places Philippines 126th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.2% | 13.9% | 14.7% | 4 |
| 2000s | 15.3% | 13.6% | 16.5% | 10 |
| 2010s | 13.6% | 12.8% | 14.8% | 10 |
| 2020s | 18.5% | 16.9% | 19.6% | 4 |
Countries ranked near Philippines
More economy & growth data for Philippines
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
- Net primary income (Net income from abroad) 72.84 billion current US$ (2025)
- GNI per capita 275,706 current LCU (2025)
- GNI per capita, Atlas method 4,850 current US$ (2025)
- GNI 32.20 trillion current LCU (2025)
- GNI 559.93 billion current US$ (2025)
- GNI, Atlas method 566.82 billion current US$ (2025)
Frequently asked questions
- What is expense in Philippines?
- Expense in Philippines was 16.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Philippines?
- The highest recorded value was 19.6% in 2020.
- What is the lowest expense recorded in Philippines?
- The lowest recorded value was 12.8% in 2014.
- How does Philippines rank for expense?
- Philippines ranks 126th out of 157 countries with data for 2023.
- Is expense rising or falling in Philippines?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.