Government budget balance reached -506 in 2023 in Philippines, according to the National Statistical Office. This is 20.6% less than in the previous year.
Historically, government budget balance in Philippines reached an all time high of 83.9 in 2015 and an all time low of -506 in 2023.
Philippines has been ranked 69th within the group of 84 countries we follow in terms of government budget balance.
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