Algeria vs Philippines: Final consumption expenditure
Final consumption expenditure over time
- Algeria
- Philippines
How they compare
Philippines currently reports 25.64 trillion current LCU against 22.68 trillion current LCU in Algeria, a difference of 2.96 trillion current LCU.
That makes Philippines's figure about 1.1 times Algeria's.
Across all 45 years both countries report, Philippines has been ahead every year.
Globally, Algeria ranks 41st and Philippines ranks 38th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.