Latin America & Caribbean (excluding high income) vs Philippines: Gross national expenditure
Gross national expenditure over time
- Latin America & Caribbean (excluding high income)
- Philippines
How they compare
Latin America & Caribbean (excluding high income) currently reports 5.48 trillion constant 2015 US$ against 511.50 billion constant 2015 US$ in Philippines, a difference of 4.97 trillion constant 2015 US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 10.7 times Philippines's.
Across all 56 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 22nd and Philippines ranks 24th of 41 groups.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.54 trillion constant 2015 US$ | 68.16 billion constant 2015 US$ | 1.48 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1980s | 2.10 trillion constant 2015 US$ | 92.42 billion constant 2015 US$ | 2.01 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1990s | 2.65 trillion constant 2015 US$ | 125.97 billion constant 2015 US$ | 2.52 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 3.47 trillion constant 2015 US$ | 181.15 billion constant 2015 US$ | 3.29 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 4.73 trillion constant 2015 US$ | 320.56 billion constant 2015 US$ | 4.41 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 5.09 trillion constant 2015 US$ | 450.26 billion constant 2015 US$ | 4.64 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Latin America & Caribbean (excluding high income) or Philippines?
- Latin America & Caribbean (excluding high income), at 5.48 trillion constant 2015 US$ against 511.50 billion constant 2015 US$ in Philippines as of 2025.
- What is the difference in gross national expenditure between Latin America & Caribbean (excluding high income) and Philippines?
- 4.97 trillion constant 2015 US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Philippines?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & Caribbean (excluding high income) and Philippines rank globally for gross national expenditure?
- Latin America & Caribbean (excluding high income) ranks 22nd and Philippines ranks 24th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.