Other expense in Philippines
Philippines: Other expense was 51.17 billion current LCU in 2024. ◆ Volatile
Other expense in Philippines, 2000–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Philippines recorded 51.17 billion current LCU for other expense in 2024.
The figure is up 62.2% on the previous year and up 58.4% over ten years.
Over the whole period, other expense in Philippines peaked at 86.96 billion current LCU in 2007 and was at its lowest, 3.60 billion current LCU, in 2000.
Philippines ranks 55th of 149 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.
Other expense in Philippines, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 3.60 billion current LCU | — |
| 2001 | 4.25 billion current LCU | +18.1% |
| 2002 | 8.30 billion current LCU | +95.3% |
| 2003 | 13.11 billion current LCU | +58.0% |
| 2004 | 6.95 billion current LCU | -47.0% |
| 2005 | 20.40 billion current LCU | +193.5% |
| 2006 | 18.20 billion current LCU | -10.8% |
| 2007 | 86.96 billion current LCU | +377.8% |
| 2008 | 53.03 billion current LCU | -39.0% |
| 2009 | 26.92 billion current LCU | -49.2% |
| 2010 | 41.64 billion current LCU | +54.7% |
| 2011 | 18.22 billion current LCU | -56.2% |
| 2012 | 41.37 billion current LCU | +127.0% |
| 2013 | 18.58 billion current LCU | -55.1% |
| 2014 | 32.30 billion current LCU | +73.8% |
| 2015 | 32.13 billion current LCU | -0.5% |
| 2016 | 28.92 billion current LCU | -10.0% |
| 2017 | 8.31 billion current LCU | -71.3% |
| 2018 | 21.59 billion current LCU | +159.7% |
| 2019 | 21.72 billion current LCU | +0.6% |
| 2020 | 34.31 billion current LCU | +57.9% |
| 2021 | 36.45 billion current LCU | +6.2% |
| 2022 | 31.62 billion current LCU | -13.2% |
| 2023 | 31.55 billion current LCU | -0.2% |
| 2024 | 51.17 billion current LCU | +62.2% |
Philippines compared with similar countries
- Philippines's 51.17 billion current LCU is above the median for upper middle income countries, which is 32.54 billion current LCU, 1.6× the median. (44 countries reporting)
- Philippines's 51.17 billion current LCU is above the median for East Asia & Pacific, which is 1.27 billion current LCU, 40.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.17 billion current LCU | 3.60 billion current LCU | 86.96 billion current LCU | 10 |
| 2010s | 26.48 billion current LCU | 8.31 billion current LCU | 41.64 billion current LCU | 10 |
| 2020s | 37.02 billion current LCU | 31.55 billion current LCU | 51.17 billion current LCU | 5 |
Countries ranked near Philippines
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Frequently asked questions
- What is other expense in Philippines?
- Other expense in Philippines was 51.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Philippines?
- The highest recorded value was 86.96 billion current LCU in 2007.
- What is the lowest other expense recorded in Philippines?
- The lowest recorded value was 3.60 billion current LCU in 2000.
- How does Philippines rank for other expense?
- Philippines ranks 55th out of 149 countries with data for 2024.
- Is other expense rising or falling in Philippines?
- Over the last ten years it is up 58.4%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.