Final consumption expenditure (constant LCU), annual growth rate in Philippines
Philippines: Final consumption expenditure (constant LCU), annual growth rate was 5.16 % change on previous year in 2025. ▲ Rising
Latest (2025)
5.16 % change on previous year
Change on year
down 3.4%
World rank
42nd
of 176 countries
All-time high
7.88 % change on previous year
in 2012
All-time low
-5.26 % change on previous year
in 2020
Years of data
65
1961–2025
Final consumption expenditure (constant LCU), annual growth rate in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 5.16 % change on previous year for final consumption expenditure (constant lcu), annual growth rate in 2025.
Compared with earlier readings it is down 3.4% on the previous year and down 22.3% over ten years.
Over the whole period, final consumption expenditure (constant lcu), annual growth rate in Philippines peaked at 7.88 % change on previous year in 2012 and was at its lowest, -5.26 % change on previous year, in 2020.
Philippines ranks 42nd of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Final consumption expenditure (constant LCU), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.99 % change on previous year | — |
| 1962 | 5.44 % change on previous year | +9.1% |
| 1963 | 6.14 % change on previous year | +12.9% |
| 1964 | 4.01 % change on previous year | -34.8% |
| 1965 | 4.84 % change on previous year | +20.8% |
| 1966 | 4.66 % change on previous year | -3.6% |
| 1967 | 5.54 % change on previous year | +18.9% |
| 1968 | 4.84 % change on previous year | -12.7% |
| 1969 | 4.14 % change on previous year | -14.5% |
| 1970 | 3.28 % change on previous year | -20.8% |
| 1971 | 3.95 % change on previous year | +20.4% |
| 1972 | 4.25 % change on previous year | +7.7% |
| 1973 | 6.4 % change on previous year | +50.4% |
| 1974 | 5.98 % change on previous year | -6.5% |
| 1975 | 5.15 % change on previous year | -13.9% |
| 1976 | 4.64 % change on previous year | -9.8% |
| 1977 | 4.75 % change on previous year | +2.4% |
| 1978 | 4.96 % change on previous year | +4.3% |
| 1979 | 4.72 % change on previous year | -4.8% |
| 1980 | 4.42 % change on previous year | -6.3% |
| 1981 | 2.02 % change on previous year | -54.2% |
| 1982 | 4.21 % change on previous year | +108.2% |
| 1983 | -0.0439 % change on previous year | -101.0% |
| 1984 | -0.8755 % change on previous year | +1893.3% |
| 1985 | -0.5253 % change on previous year | -40.0% |
| 1986 | 2.64 % change on previous year | -603.3% |
| 1987 | 3.59 % change on previous year | +35.7% |
| 1988 | 6.03 % change on previous year | +68.1% |
| 1989 | 4.86 % change on previous year | -19.3% |
| 1990 | 5.44 % change on previous year | +11.8% |
| 1991 | 1.79 % change on previous year | -67.1% |
| 1992 | 2.6 % change on previous year | +45.0% |
| 1993 | 2.99 % change on previous year | +15.3% |
| 1994 | 3.28 % change on previous year | +9.6% |
| 1995 | 3.26 % change on previous year | -0.7% |
| 1996 | 3.74 % change on previous year | +14.9% |
| 1997 | 4.28 % change on previous year | +14.3% |
| 1998 | 4.43 % change on previous year | +3.5% |
| 1999 | 2.87 % change on previous year | -35.1% |
| 2000 | 4.33 % change on previous year | +50.6% |
| 2001 | 3.24 % change on previous year | -25.2% |
| 2002 | 3.98 % change on previous year | +22.9% |
| 2003 | 5.24 % change on previous year | +31.7% |
| 2004 | 5.46 % change on previous year | +4.2% |
| 2005 | 4.28 % change on previous year | -21.6% |
| 2006 | 5.08 % change on previous year | +18.7% |
| 2007 | 5.08 % change on previous year | +0.1% |
| 2008 | 3.44 % change on previous year | -32.3% |
| 2009 | 3.54 % change on previous year | +2.9% |
| 2010 | 3.66 % change on previous year | +3.4% |
| 2011 | 5.09 % change on previous year | +38.8% |
| 2012 | 7.88 % change on previous year | +54.9% |
| 2013 | 5.7 % change on previous year | -27.6% |
| 2014 | 5.5 % change on previous year | -3.6% |
| 2015 | 6.63 % change on previous year | +20.7% |
| 2016 | 7.44 % change on previous year | +12.1% |
| 2017 | 6.03 % change on previous year | -18.9% |
| 2018 | 6.79 % change on previous year | +12.5% |
| 2019 | 6.33 % change on previous year | -6.8% |
| 2020 | -5.26 % change on previous year | -183.1% |
| 2021 | 4.72 % change on previous year | -189.7% |
| 2022 | 7.74 % change on previous year | +63.9% |
| 2023 | 4.65 % change on previous year | -39.9% |
| 2024 | 5.34 % change on previous year | +14.8% |
| 2025 | 5.16 % change on previous year | -3.4% |
Philippines compared with similar countries
- Philippines's 5.16 % change on previous year is above the median for upper middle income countries, which is 3.98 % change on previous year, 1.3× the median. (48 countries reporting)
- Philippines's 5.16 % change on previous year is above the median for East Asia & Pacific, which is 3.51 % change on previous year, 1.5× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (constant LCU), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | -1893.3% | -0.0439 % change on previous year | -0.8755 % change on previous year |
| 1986 | +603.3% | -0.5253 % change on previous year | 2.64 % change on previous year |
| 2020 | -183.1% | 6.33 % change on previous year | -5.26 % change on previous year |
| 2021 | +189.7% | -5.26 % change on previous year | 4.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.96 % change on previous year | 4.01 % change on previous year | 6.14 % change on previous year | 9 |
| 1970s | 4.81 % change on previous year | 3.28 % change on previous year | 6.4 % change on previous year | 10 |
| 1980s | 2.63 % change on previous year | -0.8755 % change on previous year | 6.03 % change on previous year | 10 |
| 1990s | 3.47 % change on previous year | 1.79 % change on previous year | 5.44 % change on previous year | 10 |
| 2000s | 4.37 % change on previous year | 3.24 % change on previous year | 5.46 % change on previous year | 10 |
| 2010s | 6.1 % change on previous year | 3.66 % change on previous year | 7.88 % change on previous year | 10 |
| 2020s | 3.72 % change on previous year | -5.26 % change on previous year | 7.74 % change on previous year | 6 |
Countries ranked near Philippines
- 39 Sri Lanka 5.33 % change on previous year compare
- 40 Tanzania 5.32 % change on previous year compare
- 41 Gabon 5.16 % change on previous year compare
- 43 Kenya 5.15 % change on previous year compare
- 44 Nicaragua 5.14 % change on previous year compare
- 45 Morocco 5.02 % change on previous year 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 (constant lcu), annual growth rate in Philippines?
- Final consumption expenditure (constant lcu), annual growth rate in Philippines was 5.16 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), annual growth rate recorded in Philippines?
- The highest recorded value was 7.88 % change on previous year in 2012.
- What is the lowest final consumption expenditure (constant lcu), annual growth rate recorded in Philippines?
- The lowest recorded value was -5.26 % change on previous year in 2020.
- How does Philippines rank for final consumption expenditure (constant lcu), annual growth rate?
- Philippines ranks 42nd out of 176 countries with data for 2025.
- Is final consumption expenditure (constant lcu), annual growth rate rising or falling in Philippines?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.