Philippines vs Thailand: Final consumption expenditure
Final consumption expenditure over time
- Philippines
- Thailand
How they compare
Philippines currently reports 409.55 billion constant 2015 US$ against 363.97 billion constant 2015 US$ in Thailand, a difference of 45.58 billion constant 2015 US$.
That makes Philippines's figure about 1.1 times Thailand's.
The two have swapped places 1 time across 33 shared years of data; in 1993 it was Thailand ahead.
Globally, Philippines ranks 26th and Thailand ranks 28th of 171 countries.
Individual pages
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.