Home/Countries/Philippines/Government Expenditure (% of GDP)

PhilippinesGovernment Expenditure (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #113 of 138Updated April 2026
Latest Value
16.9%
2023
YoY Change
-9.3%
20222023
Global Rank
#113
of 138 countries
Maximum
19.6%
2020
Minimum
12.8%
2014
CAGR
+0.3%
24 years
Last
16.9%
Previous
18.6%
Highest
19.6%
Lowest
12.8%
Source
World Bank World Development Indicators

Philippines's government expenditure (% of gdp) was 16.9% in 2023, ranking #113 out of 138 countries. This represents a -9.3% change from 2022. Over the past 24 years, the highest recorded value was 19.6% (2020) and the lowest was 12.8% (2014). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
202316.9%-9.3%
202218.6%-2.8%
202119.1%-2.2%
202019.6%+32.1%
201914.8%+4.2%
201814.2%+4.4%
201713.6%+1.3%
201613.4%-0.3%
201513.5%+5.1%
201412.8%-2.9%
201313.2%-2.5%
201213.5%+0.2%
201113.5%-2.0%
201013.8%-4.9%
200914.5%+6.8%
200813.6%-2.2%
200713.9%-4.7%
200614.6%-11.7%
200516.5%+8.3%
200415.2%-6.5%
200316.3%+0.4%
200216.2%-0.8%
200116.4%+4.3%
200015.7%

Top Countries — Government Expenditure (% of GDP)

#CountryValueYear
1Nauru103.6%2020
2Kiribati84.6%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau58.3%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →