Government budget balance as a share of gdp reached -0.019% in 2012 in Philippines, according to the National Statistical Office. This is 10.5% less than in the previous year.
Historically, government budget balance as a share of GDP in Philippines reached an all time high of 0% in 1994 and an all time low of -4.51% in 2003.
Philippines has been ranked 40th within the group of 104 countries we follow in terms of government budget balance as a share of GDP.
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