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World Bank · Public Sector

Philippines: Goods and services expense (current LCU)

1.09Tcurrent LCU · 2024+251.5% since 2014

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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. Annual figures for Philippines from 1990 to 2024.

19902024

Every year

YearValue (current LCU)Note
20241,085,200,000,000
2023916,700,000,000
2022879,400,000,000
2021883,000,000,000
2020885,100,000,000
2019572,919,000,000
2018525,606,000,000
2017465,372,000,000
2016419,836,000,000
2015403,399,000,000
2014308,729,000,000
2013282,880,000,000
2012256,741,000,000
2011201,200,000,000
2010182,100,000,000
2009187,500,000,000
2008138,690,000,000
200764,100,000,000
200699,990,000,000
200584,757,000,000
200483,838,000,000
200378,541,000,000
200283,400,000,000
200188,024,000,000
200080,009,000,000
1999142,128,000,000
1998118,303,000,000
199683,401,000,000
199546,950,000,000
199446,837,000,000
199334,565,000,000
199233,704,000,000
199136,200,000,000
199030,215,000,000

Source

Published by World Bank, produced by International Monetary Fund. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Goods and services expense (current LCU). Interva. https://interva.co/dataset/worldbank-goods-and-services-expense (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Philippines: Goods and services expense (current LCU) (1990–2024) · Interva