Philippines Government Revenue
General government revenue as % of GDP GGR_NGDP
Philippines's government revenue was 20.42% in 2025, ranked 129th globally. This represents a 3.5% decrease from 2024. Data from IMF WEO, covering 1989–2025.
Overview
Philippines's government revenue stood at 20.42% in 2025, a decline of +0.74% from 2024. The IMF projects 20.42% by 2025. Philippines ranked 129th globally.
The Philippine government revenue has shown a relatively stable trend over the past 37 years, with a significant increase in recent years. At 20.42% of GDP in 2025, the country ranks 129 globally, a slight improvement from its all-time peak of 21.16% in 2024. This increase is notable, especially when compared to its all-time trough of 14.09% in 1989. In comparison, the Bahamas, a peer country, has a slightly higher government revenue ratio at 20.79%, while Gabon has a similar ratio of 20.36%. The Philippines' government revenue has been steadily increasing since the late 1990s, indicating a positive trend. However, a decline in tax revenue due to the ongoing global economic uncertainty and potential changes in tax policies could alter this trajectory, necessitating further analysis to assess the long-term implications for the country's fiscal sustainability.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 20.52% | - | - |
| 2029* IMF | 20.45% | - | - |
| 2028* IMF | 20.50% | - | - |
| 2027* IMF | 20.44% | - | - |
| 2026* IMF | 20.50% | - | - |
| 2025* IMF | 20.42% | - | - |
| 2025 | 20.42% | −0.74% | #129 |
| 2024 | 21.16% | +0.88% | #130 |
| 2023 | 20.28% | −0.12% | #136 |
| 2022 | 20.41% | −0.56% | #134 |
| 2021 | 20.97% | +0.59% | #130 |
| 2020 | 20.37% | +0.16% | #133 |
| 2019 | 20.22% | +0.79% | #141 |
| 2018 | 19.43% | +0.72% | #143 |
| 2017 | 18.71% | +0.44% | #148 |
| 2016 | 18.27% | +0.34% | #143 |
| 2015 | 17.93% | −0.22% | #152 |
| 2014 | 18.15% | +0.46% | #153 |
| 2013 | 17.69% | +0.21% | #154 |
| 2012 | 17.49% | +0.65% | #152 |
| 2011 | 16.84% | +0.74% | #156 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's government revenue was 20.42% in 2025. Ranked 129th globally. This represents a 3.5% decrease from the previous year.
Philippines's government revenue peaked at 21.16% in 2024.
The lowest government revenue in Philippines was 14.09% in 1989.
Philippines ranks 129th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Philippines's government revenue is projected to reach 20.42% by 2025 based on IMF projection.
The government revenue of Philippines in 2025 was 20.42%. This ranks 129th in the world.
Cite this page
@misc{historysaid_philippines_government-revenue,
title = {Philippines Government Revenue},
url = {https://historysaid.com/philippines/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}