Philippines - Government Budget Balance

Philippines: Government Budget Balance

Mnemonic	GVBAL.IPHL
Unit	Mil. PHP, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	64.46 %
Data	Oct 2021	-64,290
	Sep 2021	-180,916

Series Information

Source	Bureau of the Treasury (BTR)
Release	Government Budget
Frequency	Monthly
Start Date	1/31/2003
End Date	10/31/2021

Philippines: Government

	Reference	Last	Previous	Units	Frequency
Government Budget Balance	Oct 2021	-64,290	-180,916	Mil. PHP, NSA	Monthly
Government Expenditures	Oct 2021	317,379	412,361	Mil. PHP, NSA	Monthly
Government Revenues	Oct 2021	253,089	231,445	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Domestic	Oct 2021	76,695	40,105	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Foreign	Oct 2021	15,094	15,504	Mil. PHP, NSA	Monthly
Gross External Debt	2021 Q2	101,185	97,047	Mil. USD, NSA	Quarterly
Outstanding Public Debt	2021 Q2	2,634,741,927,000	2,463,646,689,500	NCU, NSA	Quarterly

Release Information

Description

For the Philippines, major items of the central government budget: balance, revenue, expenditure, financing, budgetary and non-budgetary change in cash. Monthly from 2003.

Methodology

National Government Debt Service captures the total debt, in interest payments for domestic and foreign debts; the principal payments for domestic and foreign debts (in Million Pesos).

National Government Fiscal Position captures the total revenues, expenditures, surplus/(-)Deficit, Financing, Change-In-Cash Budgetary, Non-Budgetary in the government's fiscal account (in Million Pesos).

Debt data are broken down into domestic and foreign debt and further divided into short, medium and long term maturity. Data includes debt guaranteed by the central government, such as guarantees for loans and other liabilities of government financial institutions and government owned and controlled corporations.

Domestic and foreign debt data are sourced from the administrative records of the Bureau of the Treasury’s Payments Division and Debt Monitoring and Analysis Division, respectively.

Revisions

The data are subject to revision should there be any. Any revisions or changes for the previous month are reflected in the current report.