Philippines vs United States: Final consumption expenditure
Final consumption expenditure over time
- Philippines
- United States
How they compare
Philippines currently reports 20.35 trillion constant LCU against 20.19 trillion constant LCU in United States, a difference of 166.30 billion constant LCU.
Across all 55 years both countries report, United States has been ahead every year.
Globally, Philippines ranks 29th and United States ranks 30th of 176 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 varies by country. This series is expressed in local currency units.