Final consumption expenditure in Philippines
Philippines: Final consumption expenditure was 409.55 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
409.55 billion constant 2015 US$
Change on year
up 5.2%
World rank
26th
of 172 countries
All-time high
409.55 billion constant 2015 US$
in 2025
All-time low
26.56 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Final consumption expenditure in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, final consumption expenditure in Philippines stood at 409.55 billion constant 2015 US$. That is the highest value across all 66 years on record.
That represents a change of up 5.2% on the previous year and up 60.3% over ten years.
Over the whole period, final consumption expenditure in Philippines peaked at 409.55 billion constant 2015 US$ in 2025 and was at its lowest, 26.56 billion constant 2015 US$, in 1960.
That places Philippines 26th out of 172 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Philippines, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 26.56 billion constant 2015 US$ | — |
| 1961 | 27.88 billion constant 2015 US$ | +5.0% |
| 1962 | 29.40 billion constant 2015 US$ | +5.4% |
| 1963 | 31.21 billion constant 2015 US$ | +6.1% |
| 1964 | 32.46 billion constant 2015 US$ | +4.0% |
| 1965 | 34.03 billion constant 2015 US$ | +4.8% |
| 1966 | 35.61 billion constant 2015 US$ | +4.7% |
| 1967 | 37.59 billion constant 2015 US$ | +5.5% |
| 1968 | 39.41 billion constant 2015 US$ | +4.8% |
| 1969 | 41.04 billion constant 2015 US$ | +4.1% |
| 1970 | 42.38 billion constant 2015 US$ | +3.3% |
| 1971 | 44.06 billion constant 2015 US$ | +3.9% |
| 1972 | 45.93 billion constant 2015 US$ | +4.3% |
| 1973 | 48.87 billion constant 2015 US$ | +6.4% |
| 1974 | 51.79 billion constant 2015 US$ | +6.0% |
| 1975 | 54.46 billion constant 2015 US$ | +5.1% |
| 1976 | 56.99 billion constant 2015 US$ | +4.6% |
| 1977 | 59.69 billion constant 2015 US$ | +4.8% |
| 1978 | 62.65 billion constant 2015 US$ | +5.0% |
| 1979 | 65.61 billion constant 2015 US$ | +4.7% |
| 1980 | 68.51 billion constant 2015 US$ | +4.4% |
| 1981 | 69.89 billion constant 2015 US$ | +2.0% |
| 1982 | 72.84 billion constant 2015 US$ | +4.2% |
| 1983 | 72.81 billion constant 2015 US$ | -0.0% |
| 1984 | 72.17 billion constant 2015 US$ | -0.9% |
| 1985 | 71.79 billion constant 2015 US$ | -0.5% |
| 1986 | 73.69 billion constant 2015 US$ | +2.6% |
| 1987 | 76.33 billion constant 2015 US$ | +3.6% |
| 1988 | 80.93 billion constant 2015 US$ | +6.0% |
| 1989 | 84.87 billion constant 2015 US$ | +4.9% |
| 1990 | 89.48 billion constant 2015 US$ | +5.4% |
| 1991 | 91.08 billion constant 2015 US$ | +1.8% |
| 1992 | 93.45 billion constant 2015 US$ | +2.6% |
| 1993 | 96.25 billion constant 2015 US$ | +3.0% |
| 1994 | 99.40 billion constant 2015 US$ | +3.3% |
| 1995 | 102.64 billion constant 2015 US$ | +3.3% |
| 1996 | 106.48 billion constant 2015 US$ | +3.7% |
| 1997 | 111.04 billion constant 2015 US$ | +4.3% |
| 1998 | 115.95 billion constant 2015 US$ | +4.4% |
| 1999 | 119.28 billion constant 2015 US$ | +2.9% |
| 2000 | 124.45 billion constant 2015 US$ | +4.3% |
| 2001 | 128.47 billion constant 2015 US$ | +3.2% |
| 2002 | 133.59 billion constant 2015 US$ | +4.0% |
| 2003 | 140.59 billion constant 2015 US$ | +5.2% |
| 2004 | 148.26 billion constant 2015 US$ | +5.5% |
| 2005 | 154.60 billion constant 2015 US$ | +4.3% |
| 2006 | 162.46 billion constant 2015 US$ | +5.1% |
| 2007 | 170.72 billion constant 2015 US$ | +5.1% |
| 2008 | 176.60 billion constant 2015 US$ | +3.4% |
| 2009 | 182.85 billion constant 2015 US$ | +3.5% |
| 2010 | 189.55 billion constant 2015 US$ | +3.7% |
| 2011 | 199.19 billion constant 2015 US$ | +5.1% |
| 2012 | 214.88 billion constant 2015 US$ | +7.9% |
| 2013 | 227.14 billion constant 2015 US$ | +5.7% |
| 2014 | 239.63 billion constant 2015 US$ | +5.5% |
| 2015 | 255.53 billion constant 2015 US$ | +6.6% |
| 2016 | 274.54 billion constant 2015 US$ | +7.4% |
| 2017 | 291.10 billion constant 2015 US$ | +6.0% |
| 2018 | 310.85 billion constant 2015 US$ | +6.8% |
| 2019 | 330.52 billion constant 2015 US$ | +6.3% |
| 2020 | 313.14 billion constant 2015 US$ | -5.3% |
| 2021 | 327.92 billion constant 2015 US$ | +4.7% |
| 2022 | 353.29 billion constant 2015 US$ | +7.7% |
| 2023 | 369.73 billion constant 2015 US$ | +4.7% |
| 2024 | 389.47 billion constant 2015 US$ | +5.3% |
| 2025 | 409.55 billion constant 2015 US$ | +5.2% |
Philippines compared with similar countries
- Philippines's 409.55 billion constant 2015 US$ is above the median for upper middle income countries, which is 52.86 billion constant 2015 US$, 7.7× the median. (47 countries reporting)
- Philippines's 409.55 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 27.09 billion constant 2015 US$, 15.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 33.52 billion constant 2015 US$ | 26.56 billion constant 2015 US$ | 41.04 billion constant 2015 US$ | 10 |
| 1970s | 53.24 billion constant 2015 US$ | 42.38 billion constant 2015 US$ | 65.61 billion constant 2015 US$ | 10 |
| 1980s | 74.38 billion constant 2015 US$ | 68.51 billion constant 2015 US$ | 84.87 billion constant 2015 US$ | 10 |
| 1990s | 102.51 billion constant 2015 US$ | 89.48 billion constant 2015 US$ | 119.28 billion constant 2015 US$ | 10 |
| 2000s | 152.26 billion constant 2015 US$ | 124.45 billion constant 2015 US$ | 182.85 billion constant 2015 US$ | 10 |
| 2010s | 253.29 billion constant 2015 US$ | 189.55 billion constant 2015 US$ | 330.52 billion constant 2015 US$ | 10 |
| 2020s | 360.52 billion constant 2015 US$ | 313.14 billion constant 2015 US$ | 409.55 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
- 23 Egypt 496.38 billion constant 2015 US$ compare
- 24 Pakistan 437.05 billion constant 2015 US$ compare
- 25 Sweden 412.86 billion constant 2015 US$ compare
- 27 Belgium 402.76 billion constant 2015 US$ compare
- 28 Thailand 363.97 billion constant 2015 US$ compare
- 29 Colombia 348.65 billion constant 2015 US$ compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Philippines?
- Final consumption expenditure in Philippines was 409.55 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Philippines?
- The highest recorded value was 409.55 billion constant 2015 US$ in 2025.
- What is the lowest final consumption expenditure recorded in Philippines?
- The lowest recorded value was 26.56 billion constant 2015 US$ in 1960.
- How does Philippines rank for final consumption expenditure?
- Philippines ranks 26th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Philippines?
- Over the last ten years it is up 60.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.