Philippines - Government Budget Balance

Philippines: Government Budget Balance

Mnemonic	GVBAL.IPHL
Unit	Mil. PHP, NSA
Adjustments	Not Seasonally Adjusted
	Monthly	65.08 %
Data	Mar 2021	-191,442
	Feb 2021	-115,970

Series Information

Source	Bureau of the Treasury (BTR)
Release	Government Budget
Frequency	Monthly
Start Date	1/31/2003
End Date	3/31/2021

Philippines: Government

	Reference	Last	Previous	Units	Frequency
Government Budget Balance	Mar 2021	-191,442	-115,970	Mil. PHP, NSA	Monthly
Government Expenditures	Mar 2021	407,603	335,532	Mil. PHP, NSA	Monthly
Government Revenues	Mar 2021	216,161	219,562	Mil. PHP, NSA	Monthly
Outstanding Public Debt - Domestic	Mar 2021	242,185	22,011	Mil. Pesos, NSA	Monthly
Outstanding Public Debt - Foreign	Mar 2021	16,880	18,310	Mil. Pesos, NSA	Monthly
Gross External Debt	2020 Q4	98,488	91,978	Mil. USD, NSA	Quarterly
Outstanding Public Debt	2020 Q4	2,491,420,344,200	2,324,601,160,700	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.