Bangladesh vs Philippines: Final consumption expenditure
Final consumption expenditure over time
- Bangladesh
- Philippines
How they compare
Bangladesh currently reports 25.51 trillion constant LCU against 20.35 trillion constant LCU in Philippines, a difference of 5.15 trillion constant LCU.
That makes Bangladesh's figure about 1.3 times Philippines's.
Across all 66 years both countries report, Bangladesh has been ahead every year.
Globally, Bangladesh ranks 26th and Philippines ranks 29th of 176 countries.
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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.