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The Philippines' budget balance in relation to GDP 2022

Philippines: Budget balance between 2012 to 2022 in relation to GDP

The data displays the budget balance in relation to GDP of the Philippines between 2012 and 2017, with projections up until 2022. A positive value indicates a budget surplus, a negative value indicates a deficit. In 2017, the budget deficit of the Philippines amounted to around 0.3% of GDP.

2012 -0.3
2013 0.2
2014 0.86
2015 0.61
2016 -0.37
2017 -0.3
2018 -0.45
2019 -0.64
2020 -0.73
2021 -0.74
2022 -0.78