Cyclically adjusted primary balance, General government, Percent of in Philippines
Philippines: Cyclically adjusted primary balance, General government, Percent of was 0.8735 in 2030. ◆ Volatile
Latest (2030)
0.8735
Change on year
up 6.6%
World rank
28th
of 86 countries
All-time high
4.63
in 1993
All-time low
-3.61
in 2022
Years of data
40
1991–2030
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 of 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% |
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
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
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.
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About this data
Fiscal Monitor (FM) 2025 October