Philippines Lowest Budget Deficit
General government net lending/borrowing as % of GDP · IMF WEO
The lowest budget deficit in Philippines was -6.23% in 2021. The top 5 years were: 2021 (-6.23%), 2020 (-5.55%), 2022 (-5.48%), 2023 (-4.38%), 2024 (-3.78%).
Top 5 Lowest Years▾
Philippines Top 5 Lowest Budget Deficit Years
| Rank | Year | Value |
|---|
| 1st |
2021 |
-6.23% |
| 2nd |
2020 |
-5.55% |
| 3rd |
2022 |
-5.48% |
| 4th |
2023 |
-4.38% |
| 5th |
2024 |
-3.78% |
All Data (sorted by value)▾
| Year | Value | Change | Rank |
|---|
| 2022 |
-5.48% |
+0.75% |
45th |
| 2021 |
-6.23% |
−0.69% |
51st |
| 2020 |
-5.55% |
−4.04% |
102nd |
| 2025 |
-3.57% |
+0.21% |
116th |
| 2024 |
-3.78% |
+0.60% |
69th |
| 2023 |
-4.38% |
+1.10% |
58th |
| 2002 |
-3.71% |
−0.21% |
65th |
| 2010 |
-2.25% |
+0.32% |
106th |
| 2009 |
-2.57% |
−2.59% |
120th |
| 2004 |
-2.81% |
+0.68% |
63rd |
| 2003 |
-3.49% |
+0.22% |
55th |
| 2001 |
-3.49% |
−0.22% |
58th |
| 2000 |
-3.27% |
−0.99% |
51st |
| 2019 |
-1.50% |
−0.02% |
103rd |
| 2018 |
-1.48% |
−0.73% |
101st |
| 2017 |
-0.75% |
−0.01% |
135th |
| 2016 |
-0.75% |
−0.89% |
136th |
| 2005 |
-1.63% |
+1.18% |
84th |
| 1999 |
-2.29% |
−0.98% |
72nd |
| 1998 |
-1.31% |
−1.68% |
94th |
| 1990 |
-1.52% |
+0.12% |
50th |
| 1989 |
-1.64% |
– |
29th |
| 2015 |
0.14% |
−1.18% |
165th |
| 2013 |
0.37% |
+0.59% |
157th |
| 2012 |
-0.22% |
+0.16% |
139th |
| 2011 |
-0.38% |
+1.87% |
139th |
| 2008 |
0.02% |
+0.30% |
116th |
| 2007 |
-0.29% |
−0.24% |
93rd |
| 2006 |
-0.05% |
+1.58% |
99th |
| 2014 |
1.32% |
+0.95% |
160th |
| 1997 |
0.37% |
−0.17% |
109th |
| 1996 |
0.54% |
+0.55% |
99th |
| 1995 |
-0.02% |
+0.43% |
99th |
| 1994 |
-0.45% |
−1.07% |
80th |
| 1992 |
-0.43% |
−0.17% |
77th |
| 1993 |
0.63% |
+1.06% |
90th |
| 1991 |
-0.26% |
+1.26% |
65th |
Show all