Malawi vs Philippines: Final consumption expenditure
Final consumption expenditure over time
- Malawi
- Philippines
How they compare
Malawi currently reports 26.74 trillion current LCU against 25.64 trillion current LCU in Philippines, a difference of 1.09 trillion current LCU.
The two have swapped places 1 time across 9 shared years of data; in 2017 it was Philippines ahead.
Globally, Malawi ranks 37th 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.