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Philippines Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Philippines's tax revenue was 14.22% in 2025, ranked 79th globally. This represents a 0.8% increase from 2024. Data from World Bank, covering 1990–2025.

14.22% +0.11% (+0.8%)
Year 2025 Rank #79 Global Peak 14.86% (1997) Source World Bank

Philippines Tax Revenue (1990–2025)

Overview

Philippines's tax revenue stood at 14.22% in 2025, a rise of +0.11% from 2023. Based on recent trends, this figure is projected to reach 14.22% by 2025. Philippines ranked 79th globally.

The Philippines' tax revenue has experienced fluctuations over the past three and a half decades, with a coverage period spanning from 1990 to 2025. The country's tax revenue peaked in 1997 at 14.86% of the GDP, while it hit its lowest point in 2004 at 11.36%. Since then, tax revenue has shown a moderate increase, reaching 14.22% in 2025, ranking 79th globally. Singapore, a peer country, boasts a higher tax revenue of 14.29% in 2025. The Philippines' tax revenue has generally trended upwards, with some minor fluctuations in between. In comparison to Togo, which has a lower tax revenue of 13.91% in 2025, the Philippines' performance is relatively stable. The trend suggests that tax revenue may continue to increase, potentially driven by government efforts to expand its tax base and improve tax collection efficiency. A significant increase in investment and economic growth could further boost tax revenue, thus altering the trajectory of the Philippines' tax revenue.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 14.21% - -
2025* trend 14.22% - -
2025 14.22% +0.11% #79
2023 14.10% −0.51% #34
2022 14.62% +0.49% #41
2021 14.13% +0.18% #50
2020 13.95% −0.54% #54
2019 14.49% +0.44% #52
2018 14.05% +0.45% #49
2017 13.59% +0.51% #54
2016 13.09% +0.07% #42
2015 13.02% +0.00% #46
2014 13.02% +0.27% #42
2013 12.74% +0.44% #34
2012 12.31% +0.46% #34
2011 11.85% +0.21% #30
2010 11.64% −0.06% #30
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.5% GDP growth 6.9% C/A balance 2.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Philippines's tax revenue?▾

Philippines's tax revenue was 14.22% in 2025. Ranked 79th globally. This represents a 0.8% increase from the previous year.

What was the highest tax revenue in Philippines?▾

Philippines's tax revenue peaked at 14.86% in 1997.

What was the lowest tax revenue in Philippines?▾

The lowest tax revenue in Philippines was 11.36% in 2004.

How does Philippines rank in tax revenue?▾

Philippines ranks 79th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Philippines in 2025?▾

Philippines's tax revenue is projected to reach 14.22% by 2025 based on trend extrapolation.

What is the tax revenue of Philippines in 2025?▾

The tax revenue of Philippines in 2025 was 14.22%. This ranks 79th in the world.

Cite this page

APA
Philippines Tax Revenue. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/philippines/tax-revenue/
BibTeX
@misc{historysaid_philippines_tax-revenue, title = {Philippines Tax Revenue}, url = {https://historysaid.com/philippines/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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