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This web page shows the social welfare spending as a percentage of GDP for different countries, based on OECD data. It does not answer the query directly, but it may help to compare the levels of social welfare spending across countries.
According to International Monetary Fund, "revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Total expenditure consists of total expense and the net acquisition of nonfinancial ...
Social networking is one of the most active web-based activities in the Philippines, with Filipinos being declared as the most active users on a number of web-based social media sites such as Facebook, Instagram, Snapchat, and Twitter.
Learn about the measures, revenues and funding of fiscal policy in the Philippines, from the Marcos to the Arroyo administrations. Find out the tax rates, exemptions, sources and trends of fiscal policy in the country.
Learn about government spending, the acquisition of goods and services by governments for current or future use, and its role in fiscal policy and macroeconomics. Explore the different theories and principles of public expenditure, such as benefit, economy, surplus, and social advantage.
GDP is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. Learn about the history, definitions, methods, and limitations of GDP as an indicator of economic health and progress.
Learn about the history, design and features of the Philippine fifty-peso note, the highest denomination of Philippine currency. See the portrait of Sergio Osmeña, the first Philippine Assembly, the Taal Lake and the giant trevally on the reverse side.
Learn about the economy of the Philippines, a lower-middle income country with a GDP of $471.516 billion (nominal) and $1.392 trillion (PPP) in 2024. Find out its GDP rank, growth, per capita, composition, sectors, trade, and more.