24Peaks / Asia / Philippines / Subsidies (% of GDP)

Philippines - Subsidies (% of GDP) 0.67

IMF GFS (accrual) · updated 2026-10-03 · 103 economies tracked

Latest value

0.67 (2023)

Global rank

##62 of 103 economies

Share of global total

0.5%

Growth since 2017

0.85×

Ranking Race — Subsidies (% of GDP)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66#79201720222025#54#622022 overtook Thailand2023 overtook Azerbaijan
PhilippinesTürkiyeCanadaNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Philippines climbed from #54 to #62 (overtook Thailand). Gaps in a lane = missing data that year.

Key events for Philippines ↓

Key Events — Philippines

Auto-detected from rank data + curated milestones

2020
Fell 17 places in global rank auto
2022
Overtook Thailand in global rank auto
2023
Overtook Azerbaijan in global rank auto

Subsidies (% of GDP), 2017-2023

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
2017202220230.670.871.081.28
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