Tax Revenue / Philippines
Philippines Tax Revenue
Philippines tax revenue data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 14.37%.
COUNTRY: Philippines
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-10-13 20:30:22
GM ECONOMY RATING
Philippines · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
75 / 100
Good stability
Fiscal stability
11.0 / 25
Macroeconomic stability
20.0 / 20
External stability
9.0 / 15
Financial robustness
13.0 / 15
Structural stability
13.0 / 15
Future capacity
9.0 / 10
Demographic capacity
3.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Philippines · tax revenue data as percent of GDP.
Latest
14.37%
Previous
14.10%
Range avg.
13.94%
Rank
63
Countries by tax revenue
full rankingGM ECONOMY
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CountryPhilippines
IndicatorTax Revenue
14.37%2024 · Rank 63
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Philippines recorded 14.37% for Tax Revenue in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.27 percentage points, from 14.10% to 14.37%.
The latest observation is above the average of the last 10 available observations (13.94%).
Across the five latest available observations (2020–2024), the pattern is predominantly upward.
Within the last 10 available observations, the low was 13.02% in 2015 and the high was 14.62% in 2022.
Comparison
Related indicators
Government DebtGC.DOD.TOTL.GD.ZS
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS
Interest PaymentsGC.XPN.INTP.RV.ZS