Philippines - General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Philippines was 10.55 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 15.49 in 2012 and a minimum value of -10.95 in 1984.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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

See also:

Year Value
1961 5.90
1962 2.72
1963 7.67
1964 4.07
1965 4.18
1966 0.03
1967 11.10
1968 7.02
1969 5.94
1970 6.46
1971 9.48
1972 13.04
1973 11.77
1974 14.71
1975 7.70
1976 2.11
1977 0.93
1978 3.01
1979 3.70
1980 3.74
1981 -2.99
1982 7.55
1983 -4.43
1984 -10.95
1985 -0.41
1986 0.13
1987 4.28
1988 8.42
1989 6.53
1990 6.59
1991 -1.90
1992 -0.90
1993 5.63
1994 5.30
1995 4.72
1996 3.33
1997 3.98
1998 -0.20
1999 -3.63
2000 -0.96
2001 -1.32
2002 -3.66
2003 4.21
2004 2.12
2005 2.98
2006 12.17
2007 7.11
2008 0.51
2009 11.04
2010 4.17
2011 1.91
2012 15.49
2013 4.94
2014 3.62
2015 7.91
2016 9.36
2017 6.51
2018 13.39
2019 9.10
2020 10.55

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts