Final consumption expenditure in Philippines
Philippines: Final consumption expenditure was 20.35 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
20.35 trillion constant LCU
Change on year
up 5.2%
World rank
29th
of 177 countries
All-time high
20.35 trillion constant LCU
in 2025
All-time low
1.32 trillion constant LCU
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 LCU.
Analysis
Philippines recorded 20.35 trillion constant LCU for final consumption expenditure in 2025. That is the highest value across all 66 years on record.
The figure is 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 20.35 trillion constant LCU in 2025 and was at its lowest, 1.32 trillion constant LCU, in 1960.
Philippines ranks 29th of 177 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1960 | 1.32 trillion constant LCU | — |
| 1961 | 1.39 trillion constant LCU | +5.0% |
| 1962 | 1.46 trillion constant LCU | +5.4% |
| 1963 | 1.55 trillion constant LCU | +6.1% |
| 1964 | 1.61 trillion constant LCU | +4.0% |
| 1965 | 1.69 trillion constant LCU | +4.8% |
| 1966 | 1.77 trillion constant LCU | +4.7% |
| 1967 | 1.87 trillion constant LCU | +5.5% |
| 1968 | 1.96 trillion constant LCU | +4.8% |
| 1969 | 2.04 trillion constant LCU | +4.1% |
| 1970 | 2.11 trillion constant LCU | +3.3% |
| 1971 | 2.19 trillion constant LCU | +3.9% |
| 1972 | 2.28 trillion constant LCU | +4.3% |
| 1973 | 2.43 trillion constant LCU | +6.4% |
| 1974 | 2.57 trillion constant LCU | +6.0% |
| 1975 | 2.71 trillion constant LCU | +5.1% |
| 1976 | 2.83 trillion constant LCU | +4.6% |
| 1977 | 2.97 trillion constant LCU | +4.8% |
| 1978 | 3.11 trillion constant LCU | +5.0% |
| 1979 | 3.26 trillion constant LCU | +4.7% |
| 1980 | 3.40 trillion constant LCU | +4.4% |
| 1981 | 3.47 trillion constant LCU | +2.0% |
| 1982 | 3.62 trillion constant LCU | +4.2% |
| 1983 | 3.62 trillion constant LCU | -0.0% |
| 1984 | 3.59 trillion constant LCU | -0.9% |
| 1985 | 3.57 trillion constant LCU | -0.5% |
| 1986 | 3.66 trillion constant LCU | +2.6% |
| 1987 | 3.79 trillion constant LCU | +3.6% |
| 1988 | 4.02 trillion constant LCU | +6.0% |
| 1989 | 4.22 trillion constant LCU | +4.9% |
| 1990 | 4.45 trillion constant LCU | +5.4% |
| 1991 | 4.53 trillion constant LCU | +1.8% |
| 1992 | 4.64 trillion constant LCU | +2.6% |
| 1993 | 4.78 trillion constant LCU | +3.0% |
| 1994 | 4.94 trillion constant LCU | +3.3% |
| 1995 | 5.10 trillion constant LCU | +3.3% |
| 1996 | 5.29 trillion constant LCU | +3.7% |
| 1997 | 5.52 trillion constant LCU | +4.3% |
| 1998 | 5.76 trillion constant LCU | +4.4% |
| 1999 | 5.93 trillion constant LCU | +2.9% |
| 2000 | 6.19 trillion constant LCU | +4.3% |
| 2001 | 6.39 trillion constant LCU | +3.2% |
| 2002 | 6.64 trillion constant LCU | +4.0% |
| 2003 | 6.99 trillion constant LCU | +5.2% |
| 2004 | 7.37 trillion constant LCU | +5.5% |
| 2005 | 7.68 trillion constant LCU | +4.3% |
| 2006 | 8.07 trillion constant LCU | +5.1% |
| 2007 | 8.48 trillion constant LCU | +5.1% |
| 2008 | 8.78 trillion constant LCU | +3.4% |
| 2009 | 9.09 trillion constant LCU | +3.5% |
| 2010 | 9.42 trillion constant LCU | +3.7% |
| 2011 | 9.90 trillion constant LCU | +5.1% |
| 2012 | 10.68 trillion constant LCU | +7.9% |
| 2013 | 11.29 trillion constant LCU | +5.7% |
| 2014 | 11.91 trillion constant LCU | +5.5% |
| 2015 | 12.70 trillion constant LCU | +6.6% |
| 2016 | 13.64 trillion constant LCU | +7.4% |
| 2017 | 14.47 trillion constant LCU | +6.0% |
| 2018 | 15.45 trillion constant LCU | +6.8% |
| 2019 | 16.43 trillion constant LCU | +6.3% |
| 2020 | 15.56 trillion constant LCU | -5.3% |
| 2021 | 16.30 trillion constant LCU | +4.7% |
| 2022 | 17.56 trillion constant LCU | +7.7% |
| 2023 | 18.38 trillion constant LCU | +4.7% |
| 2024 | 19.36 trillion constant LCU | +5.3% |
| 2025 | 20.35 trillion constant LCU | +5.2% |
Philippines compared with similar countries
- Philippines's 20.35 trillion constant LCU is above the median for upper middle income countries, which is 1.54 trillion constant LCU, 13.3× the median. (48 countries reporting)
- Philippines's 20.35 trillion constant LCU is above the median for East Asia & Pacific, which is 780.84 billion constant LCU, 26.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.67 trillion constant LCU | 1.32 trillion constant LCU | 2.04 trillion constant LCU | 10 |
| 1970s | 2.65 trillion constant LCU | 2.11 trillion constant LCU | 3.26 trillion constant LCU | 10 |
| 1980s | 3.70 trillion constant LCU | 3.40 trillion constant LCU | 4.22 trillion constant LCU | 10 |
| 1990s | 5.09 trillion constant LCU | 4.45 trillion constant LCU | 5.93 trillion constant LCU | 10 |
| 2000s | 7.57 trillion constant LCU | 6.19 trillion constant LCU | 9.09 trillion constant LCU | 10 |
| 2010s | 12.59 trillion constant LCU | 9.42 trillion constant LCU | 16.43 trillion constant LCU | 10 |
| 2020s | 17.92 trillion constant LCU | 15.56 trillion constant LCU | 20.35 trillion constant LCU | 6 |
Countries ranked near Philippines
- 26 Bangladesh 25.51 trillion constant LCU compare
- 27 Cameroon 23.14 trillion constant LCU compare
- 28 Mexico 21.10 trillion constant LCU compare
- 30 United States 20.19 trillion constant LCU compare
- 31 Madagascar 19.87 trillion constant LCU compare
- 32 Angola 19.13 trillion constant LCU 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 20.35 trillion constant LCU 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 20.35 trillion constant LCU in 2025.
- What is the lowest final consumption expenditure recorded in Philippines?
- The lowest recorded value was 1.32 trillion constant LCU in 1960.
- How does Philippines rank for final consumption expenditure?
- Philippines ranks 29th out of 177 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 LCU). 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 varies by country. This series is expressed in local currency units.