Philippines - Government Budget Balance

Philippines: Government Budget Balance

Mnemonic	GVBAL.IPHL
Unit	Mil. PHP, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	109.05 %
Data	Nov 2020	-128,278
	Oct 2020	-61,362

Series Information

Source	Bureau of the Treasury (BTR)
Release	Government Budget
Frequency	Monthly
Start Date	1/31/2003
End Date	11/30/2020

Philippines: Government

	Reference	Last	Previous	Units	Frequency
Government Budget Balance	Nov 2020	-128,278	-61,362	Mil. PHP, NSA	Monthly
Government Expenditures	Nov 2020	374,050	289,568	Mil. PHP, NSA	Monthly
Government Revenues	Nov 2020	245,772	228,206	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Domestic	Nov 2020	15,944	15,549	Mil. Pesos, NSA	Monthly
Outstanding Public Debt - Foreign	Nov 2020	10,843	11,639	Mil. Pesos, NSA	Monthly
Gross External Debt	2020 Q3	91,978	87,453	Mil. USD, NSA	Quarterly
Outstanding Public Debt	2020 Q3	2,324,601,160,700	2,212,798,586,800	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.