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General Government Final Consumption Expenditure (USD) rose 11.1% to USD 61,336 bil in Philippines in 2021

General Government Final Consumption Expenditure (USD) (USD bil), 2021
Economy | Philippines | February 1, 2023
$2.99
Excel Sheet

General government final consumption expenditure rose 11.1% to USD 61,336 bil in Philippines in 2021, according to the National Statistical Office.

Historically, general government final consumption expenditure in Philippines reached an all time high of USD 61,336 bil in 2021 and an all time low of USD 396 bil in 1962.

Philippines has been ranked 33rd within the group of 150 countries we follow in terms of general government final consumption expenditure, 20 places above the position seen 10 years ago.

General Government Final Consumption Expenditure (USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia USD bil 257,947 239,729 262,937 284,168 282,073
Cambodia USD bil 974 1,043 1,136 1,210 1,302
China USD bil 1,793,950 1,838,186 2,009,657 2,297,620 2,394,818
Hong Kong USD bil 29,833 31,946 33,548 35,902 39,490
India USD bil 219,368 236,560 285,489 292,544 310,432
Indonesia USD bil 83,928 88,788 92,630 94,026 98,576
Japan USD bil 871,995 983,585 957,164 986,186 1,020,901
Laos USD bil 2,179 2,223 2,173 ... ... ... ...
Malaysia USD bil 39,437 37,852 38,908 42,945 42,554
Philippines USD bil 33,438 35,871 37,195 41,769 46,981
Russia USD bil 242,228 235,770 286,769 293,519 306,477
Singapore USD bil 31,388 32,726 34,983 37,600 38,586
Taiwan USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand USD bil 68,707 69,715 74,379 81,962 87,999
USA USD bil 2,608,983 2,663,108 2,726,560 2,866,932 3,008,779
Vietnam USD bil 25,493 26,734 28,515 30,223 32,028