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Philippines Budget Deficit 2020s

General government net lending/borrowing as % of GDP · IMF WEO
-4.83% decade average (2020-2029)

Philippines's budget deficit during the 2020s ranged from -6.23% (2021) to -3.57% (2025), averaging -4.83% over 6 years of data.

2020s Data
YearValueChangeRank
2020 -5.55% −4.04% 102nd
2021 -6.23% −0.69% 51st
2022 -5.48% +0.75% 45th
2023 -4.38% +1.10% 58th
2024 -3.78% +0.60% 69th
2025 -3.57% +0.21% 116th