Philippines Forecast: Government Revenue

1989 - 2029 | Yearly | PHP bn | International Monetary Fund

Key information about Philippines Government Revenue Forecast

  • Philippines Government Revenue is forecasted to be 5,412.117 PHP bn in Dec 2024 as reported by International Monetary Fund
  • It records an increase from the last reported number of 4,932.004 PHP bn in Dec 2023
  • Looking ahead, Philippines Government Revenue is projected to stand at 8,175.786 PHP bn in Dec 2029
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Revenue

View Philippines's Forecast: Government Revenue from 1989 to 2029 in the chart:

Philippines Forecast: Government Revenue

What is Philippines's Forecast: Government Revenue in 2029?

Philippines Government Revenue is forecasted to be 5,412.117 PHP bn in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
8,175.786 2029 7,499.603 2028 148.952 1989 8,175.786 2029 PHP bn yearly 1989 - 2029

Forecast: Government Revenue by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 210.773 2023 yearly 2002 - 2023
Albania (ALL bn) 946.711 2029 yearly 1997 - 2029
Algeria (DZD bn) 13,485.755 2029 yearly 1990 - 2029
Andorra (EUR bn) 1.649 2029 yearly 2001 - 2029
Angola (AOA bn) 30,171.717 2029 yearly 1996 - 2029
Antigua and Barbuda (XCD bn) 1.427 2029 yearly 1990 - 2029
Argentina (ARS bn) 770,888.979 2029 yearly 1993 - 2029
Armenia (AMD bn) 3,906.567 2029 yearly 1993 - 2029
Aruba (AWG bn) 2.066 2029 yearly 1995 - 2029
Australia (AUD bn) 1,234.249 2029 yearly 1988 - 2029
Austria (EUR bn) 293.033 2029 yearly 1988 - 2029
Azerbaijan (AZN bn) 45.680 2029 yearly 1994 - 2029
Bahamas (BSD bn) 3.778 2029 yearly 1990 - 2029
Bahrain (BHD bn) 3.556 2029 yearly 1990 - 2029
Bangladesh (BDT bn) 9,401.383 2029 yearly 1980 - 2029
Barbados (BBD bn) 4.848 2030 yearly 1995 - 2030
Belarus (BYN bn) 138.419 2029 yearly 1996 - 2029
Belgium (EUR bn) 355.702 2029 yearly 1980 - 2029
Belize (BZD bn) 1.856 2029 yearly 1996 - 2029
Benin (XOF bn) 3,337.730 2029 yearly 1989 - 2029
Bhutan (BTN bn) 119.972 2029 yearly 1981 - 2029
Bolivia (BOB bn) 120.040 2029 yearly 1984 - 2029
Bosnia and Herzegovina (BAM bn) 27.329 2029 yearly 1998 - 2029
Botswana (BWP bn) 119.488 2030 yearly 2000 - 2030
Brazil (BRL bn) 6,180.294 2029 yearly 2001 - 2029
Brunei (BND bn) 3.816 2029 yearly 1980 - 2029
Bulgaria (BGN bn) 89.873 2029 yearly 1998 - 2029
Burkina Faso (XOF bn) 4,605.984 2029 yearly 1985 - 2029
Burundi (BIF bn) 7,646.640 2029 yearly 1990 - 2029
Cambodia (KHR bn) 44,513.695 2029 yearly 1996 - 2029
Cameroon (XAF bn) 7,193.073 2029 yearly 2000 - 2029
Canada (CAD bn) 1,523.743 2029 yearly 1980 - 2029
Cape Verde (CVE bn) 96.470 2029 yearly 1994 - 2029
Central African Republic (XAF bn) 381.806 2029 yearly 1988 - 2029
Chad (XAF bn) 2,127.004 2029 yearly 1995 - 2029
Chile (CLP bn) 105,280.069 2029 yearly 1990 - 2029
China (RMB bn) 47,402.036 2029 yearly 1982 - 2029
Colombia (COP bn) 665,180.008 2029 yearly 1980 - 2029
Comoros (KMF bn) 155.309 2029 yearly 1984 - 2029
Congo (XAF bn) 2,986.414 2029 yearly 1989 - 2029
Costa Rica (CRC bn) 10,206.173 2029 yearly 1990 - 2029
Croatia (EUR bn) 48.368 2029 yearly 1992 - 2029
Cyprus (EUR bn) 18.202 2029 yearly 1995 - 2029
Czech Republic (CZK bn) 3,820.571 2029 yearly 1995 - 2029
Democratic Republic of Congo (CDF bn) 52,838.704 2029 yearly 1996 - 2029
Denmark (DKK bn) 1,661.452 2029 yearly 1980 - 2029
Djibouti (DJF bn) 186.749 2029 yearly 1990 - 2029
Dominica (XCD bn) 1.009 2029 yearly 1990 - 2029
Dominican Republic (DOP bn) 1,762.556 2029 yearly 1997 - 2029
Ecuador (USD bn) 52.747 2029 yearly 1995 - 2029
Egypt (EGP bn) 6,391.424 2029 yearly 1999 - 2029
El Salvador (SVC bn) 12.133 2029 yearly 1990 - 2029
Equatorial Guinea (XAF bn) 1,297.787 2029 yearly 1980 - 2029
Eritrea (ERN bn) 10.150 2019 yearly 1992 - 2019
Estonia (EUR bn) 19.987 2029 yearly 1995 - 2029
Swaziland (SZL bn) 35.866 2030 yearly 1981 - 2030
Ethiopia (ETB bn) 4,126.210 2029 yearly 1980 - 2029
Fiji (FJD bn) 4.611 2028 yearly 1992 - 2028
Finland (EUR bn) 178.392 2029 yearly 1980 - 2029
France (EUR bn) 1,735.012 2029 yearly 1980 - 2029
Gabon (XAF bn) 2,428.232 2029 yearly 1990 - 2029
Gambia (GMD bn) 55.335 2029 yearly 2000 - 2029
Georgia (GEL bn) 38.047 2029 yearly 1994 - 2029
Germany (EUR bn) 2,407.636 2029 yearly 1991 - 2029
Ghana (GHS bn) 349.498 2029 yearly 1982 - 2029
Greece (EUR bn) 122.570 2029 yearly 1980 - 2029
Grenada (XCD bn) 1.372 2029 yearly 1990 - 2029
Guatemala (GTQ bn) 166.256 2029 yearly 1995 - 2029
Guinea (GNF bn) 64,554.450 2029 yearly 1990 - 2029
Guinea-Bissau (GWP bn) 308.870 2029 yearly 1991 - 2029
Guyana (GYD bn) 1,508.041 2029 yearly 1997 - 2029
Haiti (HTG bn) 436.525 2029 yearly 1997 - 2029
Honduras (HNL bn) 349.136 2029 yearly 1990 - 2029
Hong Kong SAR, China (HKD bn) 902.207 2030 yearly 1982 - 2030
Hungary (HUF bn) 47,604.865 2029 yearly 1995 - 2029
Iceland (ISK bn) 2,502.666 2029 yearly 1980 - 2029
India (INR bn) 115,871.308 2030 yearly 1989 - 2030
Indonesia (IDR bn) 4,757,032.323 2029 yearly 1981 - 2029
Iran (IRR bn) 85,465,973.079 2030 yearly 1991 - 2030
Iraq (IQD bn) 157,551.581 2029 yearly 2004 - 2029
Ireland (EUR bn) 161.718 2029 yearly 1980 - 2029
Israel (ILS bn) 938.965 2029 yearly 2000 - 2029
Italy (EUR bn) 1,123.505 2029 yearly 1988 - 2029
Ivory Coast (XOF bn) 14,894.021 2029 yearly 1997 - 2029
Jamaica (JMD bn) 1,364.649 2030 yearly 1991 - 2030
Japan (JPY bn) 257,940.611 2029 yearly 1980 - 2029
Jordan (JOD bn) 13.400 2029 yearly 1985 - 2029
Kazakhstan (KZT bn) 40,409.487 2029 yearly 1994 - 2029
Kenya (KES bn) 5,350.228 2029 yearly 1982 - 2029
Kiribati (AUD bn) 0.518 2029 yearly 1988 - 2029
South Korea (KRW bn) 701,179.384 2029 yearly 1995 - 2029
Kosovo (EUR bn) 4.033 2029 yearly 2000 - 2029
Kuwait (KWD bn) 40.250 2029 yearly 1985 - 2029
Kyrgyzstan (KGS bn) 702.039 2029 yearly 1993 - 2029
Laos (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Latvia (EUR bn) 20.922 2029 yearly 1998 - 2029
Lebanon (LBP bn) 269,359.681 2023 yearly 1990 - 2023
Lesotho (LSL bn) 35.304 2030 yearly 1983 - 2030
Liberia (LRD bn) 1.426 2029 yearly 2000 - 2029
Libya (LYD bn) 131.116 2029 yearly 1990 - 2029

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.8 Sep 2024 quarterly Dec 1985 - Sep 2024
Consolidated Fiscal Balance (USD mn) 110.644 Oct 2024 monthly Jan 1985 - Oct 2024
Tax Revenue (USD mn) 7,240.148 Oct 2024 monthly Jan 1985 - Oct 2024
Tax Revenue: % of GDP (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
National Government Debt (USD mn) 275,007.0 Oct 2024 monthly Jan 1993 - Oct 2024
Government Debt: % of GDP (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Forecast: Government Expenditure (PHP bn) 8,856.329 2029 yearly 1989 - 2029
Forecast: Government Net Debt (PHP bn) 22,005.550 2029 yearly 1993 - 2029
Forecast: Government Revenue (PHP bn) 8,175.786 2029 yearly 1989 - 2029
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 731,809.300 Sep 2024 monthly Jan 2006 - Sep 2024
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 12,704,367.324 Sep 2024 monthly Jan 2006 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -5,087.0 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 6,257.6 Sep 2024 monthly Jan 1979 - Sep 2024
Total Exports Growth (%) -7.6 Sep 2024 monthly Jan 1980 - Sep 2024
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 11,344.6 Sep 2024 monthly Jan 1979 - Sep 2024
Total Imports Growth (%) 9.9 Sep 2024 monthly Jan 1980 - Sep 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,082.743 Sep 2024 monthly Jan 1978 - Sep 2024
Total Imports from USA (USD mn) 681.328 Sep 2024 monthly Jan 1986 - Sep 2024
Total Exports to China (USD mn) 830.355 Sep 2024 monthly Jan 1984 - Sep 2024
Total Imports from China (USD mn) 2,835.235 Sep 2024 monthly Jan 1986 - Sep 2024
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -56.0 Sep 2024 monthly Jan 2005 - Sep 2024
Current Account Balance (USD mn) -2,198.3 Sep 2024 monthly Jan 1999 - Sep 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 820.5 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment (USD mn) 4,331.839 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 4.0 Sep 2024 quarterly Dec 1980 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 632.6 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 3,699.289 Sep 2024 quarterly Mar 1977 - Sep 2024
External Debt (USD mn) 130,182.1 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -8.070 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -55,223.853 Jun 2024 quarterly Dec 2012 - Jun 2024
BoP: FA: Financial Derivatives (FD) (USD mn) 3.339 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -56.003 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Credit: Export (USD mn) 4,345.739 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income (USD mn) 414.176 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Change in Reserve Assets: Debit (USD mn) 3,540.703 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 820.455 Jul 2024 monthly Jan 2005 - Jul 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 2,750.794 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Credit: Receipts (USD mn) 7.553 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Financial Account (FA) (USD mn) -6,468.764 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income (USD mn) 2,712.952 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Debit: Import (USD mn) 3,242.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,544.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 93.584 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Debit: Payments (USD mn) 0.463 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -721.743 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -109.359 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Export (USD mn) 13,200.174 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 8,335.793 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Import (USD mn) 15,398.524 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,213.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,867.029 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -424.122 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services (USD mn) 1,103.388 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -112.376 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods (USD mn) -6,428.866 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,863.171 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Capital Account (CA) (USD mn) 7.090 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,088.860 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,503.036 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Current Account (CA) (USD mn) -2,198.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Debit: Import (USD mn) 10,973.729 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Other Investments (OI) (USD mn) -5,935.605 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -106.020 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,806.536 Sep 2024 monthly Jan 2005 - Sep 2024
External Debt: By Country Profile: Country: Japan (USD mn) 14,245.785 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,503.182 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: Medium and Long Term (USD mn) 112,285.213 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,168.759 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,057.389 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: France (USD mn) 1,201.744 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Approved: Information & Communication (PHP mn) 7.490 Sep 2024 quarterly Mar 2010 - Sep 2024
FDI: Approved: Real Estate Activities (PHP mn) 13,131.164 Sep 2024 quarterly Mar 2010 - Sep 2024
FDI: Approved: Manufacturing (PHP mn) 70,570.395 Sep 2024 quarterly Mar 2010 - Sep 2024
FDI: Approved: Transportation & Storage (PHP mn) 28.845 Sep 2024 quarterly Mar 2010 - Sep 2024
FDI: Approved: Administrative & Support Services (PHP mn) 7,377.137 Sep 2024 quarterly Mar 2010 - Sep 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.5 Sep 2024 monthly Mar 2008 - Sep 2024
Household Debt: % of GDP (%) 11.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Non-Performing Loans (USD mn) 9,258.079 Sep 2024 quarterly Mar 2008 - Sep 2024
Money Supply M1 (USD mn) 118,820.228 Oct 2024 monthly Dec 1988 - Oct 2024
Money Supply M2 (USD mn) 295,331.894 Oct 2024 monthly Dec 1988 - Oct 2024
M2 Growth (%) 5.8 Oct 2024 monthly Dec 1989 - Oct 2024
Reserve Requirement Ratio (%) 9.5 Nov 2024 monthly May 1986 - Nov 2024
Foreign Exchange Reserves (USD mn) 95,242.3 Oct 2024 monthly Jan 1960 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 8.6 Sep 2024 monthly Jan 1979 - Sep 2024
Gold Reserves (USD mn) 11,353.948 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 350,338.036 Sep 2024 quarterly Mar 2008 - Sep 2024
Total Deposits Growth (%) 7.1 Sep 2024 quarterly Mar 2009 - Sep 2024
Domestic Credit (USD mn) 334,428.2 Oct 2024 monthly Dec 2001 - Oct 2024
Domestic Credit Growth (%) 9.8 Oct 2024 monthly Dec 2002 - Oct 2024
Household Debt (USD mn) 47,678.1 Jun 2024 quarterly Mar 2009 - Jun 2024
Total Loans (USD mn) 234,644.977 Oct 2024 monthly Mar 2008 - Oct 2024
Total Loans Growth (%) 11.08 Oct 2024 monthly Mar 2009 - Oct 2024
Private Debt: % of Nominal GDP (%) 48.17 Sep 2024 quarterly Dec 2001 - Sep 2024
DCS: LA: M4: M3 (PHP mn) 17,651,191.493 Oct 2024 monthly Dec 2001 - Oct 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,204,264.140 Oct 2024 monthly Dec 2001 - Oct 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,921,753.533 Oct 2024 monthly Dec 2001 - Oct 2024
DCS: Domestic Claims (DC) (PHP mn) 19,481,782.282 Oct 2024 monthly Dec 2001 - Oct 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Nov 2024 monthly May 1986 - Nov 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,038.657 Jun 2024 quarterly Mar 2009 - Jun 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 2,806.717 Jun 2024 quarterly Mar 2009 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.706 Sep 2024 quarterly Jun 2001 - Sep 2024
Business Outlook: Index: Industry: Current Quarter (Point) 25.986 Sep 2024 quarterly Jun 2001 - Sep 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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