Philippines - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Philippines was $326,843,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $326,843,000,000 in 2020 and $25,809,920,000 in 1983.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 $28,129,540,000
1982 $29,792,210,000
1983 $25,809,920,000
1984 $26,148,140,000
1985 $27,656,420,000
1986 $26,820,420,000
1987 $28,901,540,000
1988 $32,951,130,000
1989 $37,099,270,000
1990 $39,144,360,000
1991 $41,531,620,000
1992 $49,310,810,000
1993 $51,034,390,000
1994 $59,542,270,000
1995 $69,287,400,000
1996 $77,311,480,000
1997 $77,364,280,000
1998 $63,262,180,000
1999 $72,077,120,000
2000 $69,262,250,000
2001 $66,013,040,000
2002 $70,290,620,000
2003 $72,621,870,000
2004 $78,605,250,000
2005 $88,964,210,000
2006 $105,115,000,000
2007 $127,105,000,000
2008 $148,933,000,000
2009 $146,087,000,000
2010 $166,513,000,000
2011 $191,695,000,000
2012 $218,303,000,000
2013 $235,150,000,000
2014 $243,446,000,000
2015 $255,529,000,000
2016 $267,046,000,000
2017 $274,298,000,000
2018 $293,378,000,000
2019 $322,840,000,000
2020 $326,843,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Philippines was 16,219,300,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 16,721,800,000,000 in 2019 and a minimum value of 222,212,000,000 in 1981.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 222,212,000,000
1982 254,425,000,000
1983 286,818,000,000
1984 436,640,000,000
1985 514,611,000,000
1986 546,753,000,000
1987 594,438,000,000
1988 695,094,000,000
1989 806,416,000,000
1990 951,619,000,000
1991 1,141,230,000,000
1992 1,258,040,000,000
1993 1,384,040,000,000
1994 1,572,940,000,000
1995 1,781,690,000,000
1996 2,026,810,000,000
1997 2,279,980,000,000
1998 2,586,990,000,000
1999 2,817,420,000,000
2000 3,060,860,000,000
2001 3,366,180,000,000
2002 3,627,250,000,000
2003 3,936,350,000,000
2004 4,405,030,000,000
2005 4,900,640,000,000
2006 5,393,890,000,000
2007 5,865,700,000,000
2008 6,601,190,000,000
2009 6,965,380,000,000
2010 7,511,370,000,000
2011 8,302,900,000,000
2012 9,218,680,000,000
2013 9,981,230,000,000
2014 10,807,800,000,000
2015 11,627,300,000,000
2016 12,682,700,000,000
2017 13,825,600,000,000
2018 15,449,700,000,000
2019 16,721,800,000,000
2020 16,219,300,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Philippines was 313,207,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 330,524,000,000 in 2019 and 26,559,810,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 26,559,810,000
1961 27,884,420,000
1962 29,400,970,000
1963 31,206,810,000
1964 32,456,870,000
1965 34,026,690,000
1966 35,613,040,000
1967 37,586,940,000
1968 39,406,400,000
1969 41,038,050,000
1970 42,384,240,000
1971 44,057,530,000
1972 45,931,020,000
1973 48,868,600,000
1974 51,791,650,000
1975 54,458,010,000
1976 56,985,540,000
1977 59,692,920,000
1978 62,651,780,000
1979 65,607,580,000
1980 68,508,130,000
1981 69,893,650,000
1982 72,837,710,000
1983 72,805,740,000
1984 72,168,390,000
1985 71,789,230,000
1986 73,687,130,000
1987 76,329,850,000
1988 80,930,600,000
1989 84,866,290,000
1990 89,481,680,000
1991 91,084,370,000
1992 93,449,070,000
1993 96,245,520,000
1994 99,403,530,000
1995 102,641,000,000
1996 106,482,000,000
1997 111,037,000,000
1998 115,952,000,000
1999 119,284,000,000
2000 124,447,000,000
2001 128,475,000,000
2002 133,586,000,000
2003 140,588,000,000
2004 148,263,000,000
2005 154,605,000,000
2006 162,458,000,000
2007 170,719,000,000
2008 176,598,000,000
2009 182,854,000,000
2010 189,554,000,000
2011 199,193,000,000
2012 214,885,000,000
2013 227,138,000,000
2014 239,630,000,000
2015 255,529,000,000
2016 274,539,000,000
2017 291,096,000,000
2018 310,854,000,000
2019 330,524,000,000
2020 313,207,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Philippines was -5.24 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 7.88 in 2012 and a minimum value of -5.24 in 2020.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 4.99
1962 5.44
1963 6.14
1964 4.01
1965 4.84
1966 4.66
1967 5.54
1968 4.84
1969 4.14
1970 3.28
1971 3.95
1972 4.25
1973 6.40
1974 5.98
1975 5.15
1976 4.64
1977 4.75
1978 4.96
1979 4.72
1980 4.42
1981 2.02
1982 4.21
1983 -0.04
1984 -0.88
1985 -0.53
1986 2.64
1987 3.59
1988 6.03
1989 4.86
1990 5.44
1991 1.79
1992 2.60
1993 2.99
1994 3.28
1995 3.26
1996 3.74
1997 4.28
1998 4.43
1999 2.87
2000 4.33
2001 3.24
2002 3.98
2003 5.24
2004 5.46
2005 4.28
2006 5.08
2007 5.08
2008 3.44
2009 3.54
2010 3.66
2011 5.09
2012 7.88
2013 5.70
2014 5.50
2015 6.63
2016 7.44
2017 6.03
2018 6.79
2019 6.33
2020 -5.24

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Philippines was 15,566,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 16,427,300,000,000 in 2019 and a minimum value of 1,320,050,000,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,320,050,000,000
1961 1,385,880,000,000
1962 1,461,250,000,000
1963 1,551,010,000,000
1964 1,613,130,000,000
1965 1,691,160,000,000
1966 1,770,000,000,000
1967 1,868,100,000,000
1968 1,958,530,000,000
1969 2,039,630,000,000
1970 2,106,530,000,000
1971 2,189,700,000,000
1972 2,282,810,000,000
1973 2,428,810,000,000
1974 2,574,090,000,000
1975 2,706,610,000,000
1976 2,832,230,000,000
1977 2,966,790,000,000
1978 3,113,850,000,000
1979 3,260,750,000,000
1980 3,404,910,000,000
1981 3,473,780,000,000
1982 3,620,100,000,000
1983 3,618,510,000,000
1984 3,586,830,000,000
1985 3,567,990,000,000
1986 3,662,310,000,000
1987 3,793,660,000,000
1988 4,022,320,000,000
1989 4,217,930,000,000
1990 4,447,320,000,000
1991 4,526,970,000,000
1992 4,644,500,000,000
1993 4,783,490,000,000
1994 4,940,440,000,000
1995 5,101,360,000,000
1996 5,292,270,000,000
1997 5,518,620,000,000
1998 5,762,890,000,000
1999 5,928,540,000,000
2000 6,185,150,000,000
2001 6,385,340,000,000
2002 6,639,360,000,000
2003 6,987,340,000,000
2004 7,368,790,000,000
2005 7,683,990,000,000
2006 8,074,290,000,000
2007 8,484,860,000,000
2008 8,777,080,000,000
2009 9,087,980,000,000
2010 9,420,980,000,000
2011 9,900,080,000,000
2012 10,680,000,000,000
2013 11,289,000,000,000
2014 11,909,800,000,000
2015 12,700,000,000,000
2016 13,644,800,000,000
2017 14,467,700,000,000
2018 15,449,700,000,000
2019 16,427,300,000,000
2020 15,566,700,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Philippines was 90.42 as of 2020. Its highest value over the past 39 years was 90.42 in 2020, while its lowest value was 68.35 in 1983.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 69.46
1982 70.59
1983 68.35
1984 73.18
1985 79.11
1986 78.91
1987 76.48
1988 76.36
1989 76.47
1990 77.50
1991 80.20
1992 81.61
1993 82.26
1994 81.39
1995 81.86
1996 81.68
1997 82.21
1998 84.92
1999 84.16
2000 82.78
2001 83.64
2002 83.37
2003 83.44
2004 82.74
2005 82.82
2006 82.34
2007 81.49
2008 82.00
2009 83.02
2010 79.91
2011 81.85
2012 83.35
2013 82.83
2014 81.84
2015 83.38
2016 83.81
2017 83.51
2018 84.59
2019 85.67
2020 90.42

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts