Philippines vs Sweden: Final consumption expenditure
Final consumption expenditure over time
- Philippines
- Sweden
How they compare
Sweden currently reports 412.86 billion constant 2015 US$ against 409.55 billion constant 2015 US$ in Philippines, a difference of 3.31 billion constant 2015 US$.
Across all 56 years both countries report, Sweden has been ahead every year.
Philippines ranks 26th and Sweden ranks 25th of 170 countries.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.