Philippines - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Philippines was 2,827,840,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 2,827,840,000,000 in 2019 and a minimum value of 151,700,000,000 in 1990.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 151,700,000,000
1991 182,275,000,000
1992 208,705,000,000
1993 230,170,000,000
1994 271,305,000,000
1995 310,517,000,000
1996 367,894,000,000
1997 412,165,000,000
1998 416,585,000,000
1999 431,686,000,000
2000 459,988,000,000
2001 493,613,000,000
2002 507,629,000,000
2003 550,400,000,000
2004 605,030,000,000
2005 705,590,000,000
2006 859,893,000,000
2007 932,922,000,000
2008 1,049,220,000,000
2009 981,590,000,000
2010 1,093,650,000,000
2011 1,202,040,000,000
2012 1,361,110,000,000
2013 1,535,710,000,000
2014 1,718,940,000,000
2015 1,815,480,000,000
2016 1,980,390,000,000
2017 2,250,680,000,000
2018 2,565,810,000,000
2019 2,827,840,000,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Philippines was 14.49 as of 2019. Its highest value over the past 29 years was 14.86 in 1997, while its lowest value was 11.36 in 2004.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 12.35
1991 12.81
1992 13.54
1993 13.68
1994 14.04
1995 14.27
1996 14.83
1997 14.86
1998 13.68
1999 12.90
2000 12.44
2001 12.27
2002 11.67
2003 11.67
2004 11.36
2005 11.92
2006 13.13
2007 12.96
2008 13.03
2009 11.70
2010 11.64
2011 11.85
2012 12.31
2013 12.74
2014 13.02
2015 13.02
2016 13.09
2017 13.59
2018 14.05
2019 14.49

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance