Arroyo's Tax Revenue Records
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Tax Revenues: per year, annual growth, tax effort (as % GDP) Tax Revenue Bil P ACTUAL 2000 460.03 2001 493.61 2002 507.64 2003 550.47 2004 604.97 2005 705.62 2006 859.86 2007 932.94 2008 1049.18 AVE . PROJECTED 2009 1,082.6 2010 1,195.7
Tax Revenue
Annual Growth, %
Nominal GDP, Bil P
% of GDP
6.6% 7.3% 2.8% 8.4% 9.9% 16.6% 21.9% 8.5% 12.5%
3,354.7 3,631.5 3,883.2 4,316.4 4,871.6 5,437.9 6,032.6 6,647.3 7,423.2
13.7% 13.6% 13.1% 12.8% 12.4% 13.0% 14.3% 14.0% 14.1%
11.0% 3.2% 10.4%
13.4% 7,794.8 8,337.4
13.9% 14.3%
Source: Office of Minority Floor Leader Rep. Ronaldo Zamora
Summary of RP Fiscal performance since 1975 Surplus / Deficit
As % of Nom. GDP in Mil P 1975 -1,403 -1.2% 1993 1976 -2,349 -1.7% 1994 1977 -2,852 -1.8% 1995 1978 -2,167 -1.2% 1996 1979 -342 -0.2% 1997 1980 -3,387 -1.4% 1998 1981 -12,146 -4.3% 1999 1982 -14,404 -4.5% 2000 1983 -7,431 -2.0% 2001 1984 -10,065 -1.9% 2002 1985 -11,141 -1.9% 2003 1986 -31,252 -5.1% 2004 1987 -16,693 -2.4% 2005 1988 -23,206 -2.9% 2006 1989 -19,567 -2.1% 2007 1990 -37,194 -3.5% 2008 1991 -26,348 -2.1% 2009 1992 -15,966 -1.2% 2010 * 2009 & 2010 data are projections 2010 BESF
Surplus / Deficit in Mil P
-21,891 16,286 11,074 6,254 1,564 -49,982 -111,658 -134,212 -147,023 -210,741 -199,868 -187,057 -146,778 -64,791 -12,441 -68,117 -250,000 -233,448
As % of Nom. GDP -1.5% 1.0% 0.6% 0.3% 0.1% -1.9% -3.8% -4.0% -4.0% -5.3% -4.6% -3.8% -2.7% -1.1% -0.2% -0.9% -3.2% -2.8% Sources: PIDS, BSP, BTr,
Source: Office of Minority Floor Leader Rep. Ronaldo Zamora
Tax Revenue
Annual Growth, %
Nominal GDP, Bil P
% of GDP
6.6% 7.3% 2.8% 8.4% 9.9% 16.6% 21.9% 8.5% 12.5%
3,354.7 3,631.5 3,883.2 4,316.4 4,871.6 5,437.9 6,032.6 6,647.3 7,423.2
13.7% 13.6% 13.1% 12.8% 12.4% 13.0% 14.3% 14.0% 14.1%
11.0% 3.2% 10.4%
13.4% 7,794.8 8,337.4
13.9% 14.3%
Source: Office of Minority Floor Leader Rep. Ronaldo Zamora
Summary of RP Fiscal performance since 1975 Surplus / Deficit
As % of Nom. GDP in Mil P 1975 -1,403 -1.2% 1993 1976 -2,349 -1.7% 1994 1977 -2,852 -1.8% 1995 1978 -2,167 -1.2% 1996 1979 -342 -0.2% 1997 1980 -3,387 -1.4% 1998 1981 -12,146 -4.3% 1999 1982 -14,404 -4.5% 2000 1983 -7,431 -2.0% 2001 1984 -10,065 -1.9% 2002 1985 -11,141 -1.9% 2003 1986 -31,252 -5.1% 2004 1987 -16,693 -2.4% 2005 1988 -23,206 -2.9% 2006 1989 -19,567 -2.1% 2007 1990 -37,194 -3.5% 2008 1991 -26,348 -2.1% 2009 1992 -15,966 -1.2% 2010 * 2009 & 2010 data are projections 2010 BESF
Surplus / Deficit in Mil P
-21,891 16,286 11,074 6,254 1,564 -49,982 -111,658 -134,212 -147,023 -210,741 -199,868 -187,057 -146,778 -64,791 -12,441 -68,117 -250,000 -233,448
As % of Nom. GDP -1.5% 1.0% 0.6% 0.3% 0.1% -1.9% -3.8% -4.0% -4.0% -5.3% -4.6% -3.8% -2.7% -1.1% -0.2% -0.9% -3.2% -2.8% Sources: PIDS, BSP, BTr,
Source: Office of Minority Floor Leader Rep. Ronaldo Zamora
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