Cyclically adjusted primary balance, General government, Percent in Philippines
Philippines: Cyclically adjusted primary balance, General government, Percent was 0.8735 in 2030. ◆ Volatile
Cyclically adjusted primary balance, General government, Percent of in Philippines, 1991–2030
Source: International Monetary Fund.
Analysis
In 2030, cyclically adjusted primary balance, general government, percent of in Philippines stood at 0.8735.
Compared with earlier readings it is up 6.6% on the previous year and up 152.2% over ten years.
Over the whole period, cyclically adjusted primary balance, general government, percent of in Philippines peaked at 4.63 in 1993 and was at its lowest, -3.61, in 2022.
Philippines ranks 28th of 86 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted primary balance, General government, Percent in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 4.02 | — |
| 1992 | 4.01 | -0.2% |
| 1993 | 4.63 | +15.2% |
| 1994 | 3.91 | -15.5% |
| 1995 | 3.56 | -8.9% |
| 1996 | 3.37 | -5.3% |
| 1997 | 2.67 | -20.8% |
| 1998 | 2.35 | -11.9% |
| 1999 | 0.7872 | -66.6% |
| 2000 | 0.4226 | -46.3% |
| 2001 | 0.8971 | +112.3% |
| 2002 | 0.3887 | -56.7% |
| 2003 | 1.05 | +170.8% |
| 2004 | 1.84 | +74.9% |
| 2005 | 3.16 | +71.6% |
| 2006 | 4.57 | +44.5% |
| 2007 | 3.1 | -32.1% |
| 2008 | 3.13 | +0.9% |
| 2009 | 0.9783 | -68.7% |
| 2010 | 0.5765 | -41.1% |
| 2011 | 2.12 | +268.4% |
| 2012 | 2.19 | +3.0% |
| 2013 | 2.73 | +24.9% |
| 2014 | 3.3 | +20.8% |
| 2015 | 2.16 | -34.7% |
| 2016 | 1.01 | -53.2% |
| 2017 | 0.8042 | -20.3% |
| 2018 | 0.1272 | -84.2% |
| 2019 | 0.0786 | -38.2% |
| 2020 | -1.67 | -2228.9% |
| 2021 | -3.55 | +112.1% |
| 2022 | -3.61 | +1.6% |
| 2023 | -2.16 | -40.2% |
| 2024 | -1.2 | -44.3% |
| 2025 | -0.8499 | -29.2% |
| 2026 | -0.2359 | -72.2% |
| 2027 | 0.1786 | -175.7% |
| 2028 | 0.646 | +261.7% |
| 2029 | 0.8191 | +26.8% |
| 2030 | 0.8735 | +6.6% |
Philippines compared with similar countries
- Philippines's 0.8735 is above the median for upper middle income countries, which is 0.6301, 1.4× the median. (29 countries reporting)
- Philippines's 0.8735 is above the median for East Asia & Pacific, which is -0.9122. (10 countries reporting)
Biggest year-on-year movements
Years where Cyclically adjusted primary balance, General government, Percent in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2228.9% | 0.0786 | -1.67 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.26 | 0.7872 | 4.63 | 9 |
| 2000s | 1.95 | 0.3887 | 4.57 | 10 |
| 2010s | 1.51 | 0.0786 | 3.3 | 10 |
| 2020s | -1.16 | -3.61 | 0.8191 | 10 |
| 2030s | 0.8735 | 0.8735 | 0.8735 | 1 |
Countries ranked near Philippines
More public sector data for Philippines
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 846.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
Frequently asked questions
- What is cyclically adjusted primary balance, general government, percent of in Philippines?
- Cyclically adjusted primary balance, general government, percent of in Philippines was 0.8735 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted primary balance, general government, percent of recorded in Philippines?
- The highest recorded value was 4.63 in 1993.
- What is the lowest cyclically adjusted primary balance, general government, percent of recorded in Philippines?
- The lowest recorded value was -3.61 in 2022.
- How does Philippines rank for cyclically adjusted primary balance, general government, percent of?
- Philippines ranks 28th out of 86 countries with data for 2030.
- Is cyclically adjusted primary balance, general government, percent of rising or falling in Philippines?
- Over the last ten years it is up 152.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted primary balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Fiscal Monitor (FM) 2025 October