Household final consumption expenditure rose 9.23% to USD 296,625 bil in Philippines in 2021, according to the National Statistical Office.
Historically, household final consumption expenditure in Philippines reached an all time high of USD 296,625 bil in 2021 and an all time low of USD 3,038 bil in 1962.
Philippines has been ranked 24th within the group of 150 countries we follow in terms of household final consumption expenditure, 12 places above the position seen 10 years ago.
Household 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 | 757,798 | 687,636 | 737,011 | 788,237 | 751,259 | ||||||||||||||||
Cambodia | USD bil | 13,863 | 15,237 | 16,276 | 17,368 | 18,819 | ||||||||||||||||
China | USD bil | 4,178,281 | 4,344,468 | 4,744,770 | 5,352,545 | 5,604,599 | ||||||||||||||||
Hong Kong | USD bil | 205,512 | 212,579 | 228,966 | 247,041 | 251,882 | ||||||||||||||||
India | USD bil | 1,241,270 | 1,360,707 | 1,557,081 | 1,602,522 | 1,726,041 | ||||||||||||||||
Indonesia | USD bil | 494,561 | 538,875 | 581,701 | 593,885 | 648,300 | ||||||||||||||||
Japan | USD bil | 2,478,973 | 2,737,087 | 2,692,912 | 2,761,210 | 2,794,560 | ||||||||||||||||
Laos | USD bil | 10,276 | 10,454 | 10,989 | ... | ... | ... | ... | ||||||||||||||
Malaysia | USD bil | 162,617 | 165,051 | 176,762 | 206,039 | 218,271 | ||||||||||||||||
Philippines | USD bil | 222,090 | 231,175 | 237,103 | 251,609 | 275,859 | ||||||||||||||||
Russia | USD bil | 718,279 | 679,861 | 832,298 | 834,729 | 873,630 | ||||||||||||||||
Singapore | USD bil | 114,448 | 116,248 | 120,844 | 129,818 | 133,419 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 206,044 | 206,722 | 223,299 | 247,745 | 270,761 | ||||||||||||||||
USA | USD bil | 12,263,476 | 12,693,266 | 13,233,609 | 13,904,979 | 14,392,721 | ||||||||||||||||
Vietnam | USD bil | 141,958 | 151,010 | 163,179 | 176,999 | 190,013 |