Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Gross national expenditure
Gross national expenditure over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Philippines
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 5.96 trillion constant 2015 US$ against 511.50 billion constant 2015 US$ in Philippines, a difference of 5.45 trillion constant 2015 US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 11.7 times Philippines's.
Across all 56 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Philippines ranks 24th of 41 groups.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.60 trillion constant 2015 US$ | 68.16 billion constant 2015 US$ | 1.53 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 2.15 trillion constant 2015 US$ | 92.42 billion constant 2015 US$ | 2.06 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 2.78 trillion constant 2015 US$ | 125.97 billion constant 2015 US$ | 2.65 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 3.68 trillion constant 2015 US$ | 181.15 billion constant 2015 US$ | 3.50 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 5.09 trillion constant 2015 US$ | 320.56 billion constant 2015 US$ | 4.77 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 5.53 trillion constant 2015 US$ | 450.26 billion constant 2015 US$ | 5.08 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Latin America & the Caribbean (IDA & IBRD countries) or Philippines?
- Latin America & the Caribbean (IDA & IBRD countries), at 5.96 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 & the Caribbean (IDA & IBRD countries) and Philippines?
- 5.45 trillion constant 2015 US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Philippines rank globally for gross national expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Philippines ranks 24th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.