Philippines - Government Budget Balance

Philippines: Government Budget Balance

Mnemonic	GVBAL.IPHL
Unit	Mil. PHP, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	77.38 %
Data	Mar 2022	-187,666
	Feb 2022	-105,800

Series Information

Source	Bureau of the Treasury (BTR)
Release	Government Budget
Frequency	Monthly
Start Date	1/31/2003
End Date	3/31/2022

Philippines: Government

	Reference	Last	Previous	Units	Frequency
Government Budget Balance	Mar 2022	-187,666	-105,800	Mil. PHP, NSA	Monthly
Government Expenditures	Mar 2022	481,549	318,202	Mil. PHP, NSA	Monthly
Government Revenues	Mar 2022	293,883	212,402	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Domestic	Mar 2022	51,644	25,841	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Foreign	Mar 2022	15,745	4,582	Mil. PHP, NSA	Monthly
Gross External Debt	2021 Q4	106,428	105,929	Mil. USD, NSA	Quarterly
Outstanding Public Debt	2021 Q4	2,813,991,360,400	2,898,911,144,500	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.