Other expense in Philippines
Philippines: Other expense was 0.8% in 2023. ◆ Volatile
Other expense in Philippines, 2000–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for other expense in Philippines is 0.8%, measured in 2023.
The figure is down 0.4% on the previous year and down 34.2% over ten years.
Over the whole period, other expense in Philippines peaked at 8.7% in 2007 and was at its lowest, 0.4%, in 2017.
That places Philippines 133rd out of 147 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | 0.6% | 8.7% | 10 |
| 2010s | 1.5% | 0.4% | 3.2% | 10 |
| 2020s | 0.9% | 0.8% | 1.0% | 4 |
Countries ranked near Philippines
- 130 Belgium 1.1% compare
- 131 Mongolia 1.1% compare
- 132 Kazakhstan 1.0% compare
- 134 Madagascar 0.7% compare
- 135 Afghanistan 0.6% compare
- 136 Malawi 0.6% compare
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.4% (2024)
- Taxes on income, profits and capital gains 34.7% (2024)
- Taxes on goods and services 25.3% (2024)
- Net investment in nonfinancial assets 5.0% (2024)
- Net lending (+) / net borrowing (-) -5.7% (2024)
- Interest payments 17.3% (2024)
- Grants and other revenue 13.9% (2024)
- Interest payments 15.3% (2023)
- Other taxes 5.3% (2024)
Frequently asked questions
- What is other expense in Philippines?
- Other expense in Philippines was 0.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Philippines?
- The highest recorded value was 8.7% in 2007.
- What is the lowest other expense recorded in Philippines?
- The lowest recorded value was 0.4% in 2017.
- How does Philippines rank for other expense?
- Philippines ranks 133rd out of 147 countries with data for 2023.
- Is other expense rising or falling in Philippines?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is volatile.
- 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.