Philippines - Gross national expenditure

Gross national expenditure (current US$)

The latest value for Gross national expenditure (current US$) in Philippines was $389,681,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $422,328,000,000 in 2019 and $31,936,290,000 in 1986.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.

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

See also:

Year Value
1981 $38,821,900,000
1982 $41,055,380,000
1983 $36,470,350,000
1984 $33,233,820,000
1985 $32,609,020,000
1986 $31,936,290,000
1987 $35,386,560,000
1988 $40,848,170,000
1989 $47,291,810,000
1990 $50,928,810,000
1991 $51,741,960,000
1992 $61,847,430,000
1993 $65,417,910,000
1994 $76,596,760,000
1995 $87,735,000,000
1996 $99,347,760,000
1997 $100,010,000,000
1998 $78,152,380,000
1999 $85,951,370,000
2000 $82,385,310,000
2001 $80,964,810,000
2002 $87,539,160,000
2003 $89,619,510,000
2004 $98,300,130,000
2005 $108,908,000,000
2006 $125,559,000,000
2007 $152,263,000,000
2008 $183,382,000,000
2009 $176,762,000,000
2010 $209,108,000,000
2011 $240,271,000,000
2012 $269,537,000,000
2013 $293,754,000,000
2014 $305,691,000,000
2015 $320,927,000,000
2016 $345,487,000,000
2017 $358,254,000,000
2018 $387,548,000,000
2019 $422,328,000,000
2020 $389,681,000,000

Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Philippines was 19,337,600,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 21,874,800,000,000 in 2019 and a minimum value of 306,677,000,000 in 1981.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1981 306,677,000,000
1982 350,613,000,000
1983 405,284,000,000
1984 554,962,000,000
1985 606,766,000,000
1986 651,044,000,000
1987 727,820,000,000
1988 861,680,000,000
1989 1,027,970,000,000
1990 1,238,100,000,000
1991 1,421,800,000,000
1992 1,577,880,000,000
1993 1,774,120,000,000
1994 2,023,470,000,000
1995 2,256,060,000,000
1996 2,604,510,000,000
1997 2,947,380,000,000
1998 3,195,890,000,000
1999 3,359,750,000,000
2000 3,640,800,000,000
2001 4,128,610,000,000
2002 4,517,340,000,000
2003 4,857,670,000,000
2004 5,508,730,000,000
2005 5,999,270,000,000
2006 6,442,970,000,000
2007 7,026,680,000,000
2008 8,128,080,000,000
2009 8,427,970,000,000
2010 9,432,780,000,000
2011 10,406,900,000,000
2012 11,382,200,000,000
2013 12,468,700,000,000
2014 13,571,200,000,000
2015 14,603,100,000,000
2016 16,408,100,000,000
2017 18,057,300,000,000
2018 20,408,800,000,000
2019 21,874,800,000,000
2020 19,337,600,000,000

Gross national expenditure (constant 2010 US$)

The latest value for Gross national expenditure (constant 2010 US$) in Philippines was 379,391,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 431,417,000,000 in 2019 and 31,485,370,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). 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 31,485,370,000
1961 33,603,060,000
1962 35,086,090,000
1963 37,908,900,000
1964 39,865,280,000
1965 41,893,230,000
1966 43,484,680,000
1967 46,283,230,000
1968 48,163,380,000
1969 50,191,730,000
1970 51,178,230,000
1971 53,357,170,000
1972 55,568,370,000
1973 59,647,910,000
1974 64,814,440,000
1975 70,616,960,000
1976 76,193,010,000
1977 79,087,170,000
1978 83,615,670,000
1979 87,484,670,000
1980 89,575,080,000
1981 91,557,290,000
1982 96,334,790,000
1983 97,885,760,000
1984 88,124,810,000
1985 82,730,390,000
1986 85,703,890,000
1987 90,633,200,000
1988 97,237,070,000
1989 104,423,000,000
1990 112,100,000,000
1991 109,836,000,000
1992 113,665,000,000
1993 117,945,000,000
1994 122,798,000,000
1995 126,662,000,000
1996 133,288,000,000
1997 140,790,000,000
1998 141,306,000,000
1999 141,326,000,000
2000 146,731,000,000
2001 155,326,000,000
2002 162,238,000,000
2003 169,122,000,000
2004 178,549,000,000
2005 183,577,000,000
2006 188,441,000,000
2007 198,868,000,000
2008 212,283,000,000
2009 216,398,000,000
2010 233,315,000,000
2011 241,844,000,000
2012 259,850,000,000
2013 280,396,000,000
2014 297,296,000,000
2015 320,927,000,000
2016 353,534,000,000
2017 378,700,000,000
2018 408,342,000,000
2019 431,417,000,000
2020 379,391,000,000

Gross national expenditure (constant LCU)

The value for Gross national expenditure (constant LCU) in Philippines was 18,933,400,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 21,559,700,000,000 in 2019 and a minimum value of 1,570,600,000,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.

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

Year Value
1960 1,570,600,000,000
1961 1,676,780,000,000
1962 1,750,450,000,000
1963 1,891,930,000,000
1964 1,989,990,000,000
1965 2,091,320,000,000
1966 2,170,420,000,000
1967 2,310,480,000,000
1968 2,403,990,000,000
1969 2,505,270,000,000
1970 2,553,880,000,000
1971 2,662,760,000,000
1972 2,773,050,000,000
1973 2,977,140,000,000
1974 3,236,550,000,000
1975 3,528,600,000,000
1976 3,809,300,000,000
1977 3,953,360,000,000
1978 4,180,260,000,000
1979 4,373,620,000,000
1980 4,476,570,000,000
1981 4,575,780,000,000
1982 4,815,370,000,000
1983 4,894,300,000,000
1984 4,398,520,000,000
1985 4,124,550,000,000
1986 4,273,590,000,000
1987 4,521,260,000,000
1988 4,851,810,000,000
1989 5,212,750,000,000
1990 5,597,900,000,000
1991 5,480,840,000,000
1992 5,672,870,000,000
1993 5,887,290,000,000
1994 6,130,470,000,000
1995 6,323,270,000,000
1996 6,655,830,000,000
1997 7,032,120,000,000
1998 7,052,660,000,000
1999 7,049,770,000,000
2000 7,318,670,000,000
2001 7,751,180,000,000
2002 8,096,830,000,000
2003 8,438,860,000,000
2004 8,909,420,000,000
2005 9,157,790,000,000
2006 9,396,060,000,000
2007 9,916,790,000,000
2008 10,592,300,000,000
2009 10,794,300,000,000
2010 11,647,100,000,000
2011 12,069,700,000,000
2012 12,967,300,000,000
2013 13,998,100,000,000
2014 14,843,300,000,000
2015 16,026,800,000,000
2016 17,663,200,000,000
2017 18,924,000,000,000
2018 20,408,800,000,000
2019 21,559,700,000,000
2020 18,933,400,000,000

Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Philippines was 107.80 as of 2020. Its highest value over the past 39 years was 112.08 in 2019, while its lowest value was 93.01 in 1984.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

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

See also:

Year Value
1981 95.86
1982 97.27
1983 96.59
1984 93.01
1985 93.27
1986 93.97
1987 93.64
1988 94.66
1989 97.48
1990 100.83
1991 99.92
1992 102.36
1993 105.45
1994 104.70
1995 103.65
1996 104.97
1997 106.27
1998 104.91
1999 100.36
2000 98.46
2001 102.59
2002 103.83
2003 102.96
2004 103.47
2005 101.39
2006 98.36
2007 97.62
2008 100.97
2009 100.45
2010 100.35
2011 102.59
2012 102.91
2013 103.47
2014 102.76
2015 104.73
2016 108.43
2017 109.06
2018 111.74
2019 112.08
2020 107.80

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts