Mexico vs Philippines: Final consumption expenditure
Final consumption expenditure over time
- Mexico
- Philippines
How they compare
Mexico currently reports 28.92 trillion current LCU against 25.64 trillion current LCU in Philippines, a difference of 3.27 trillion current LCU.
That makes Mexico's figure about 1.1 times Philippines's.
The two have swapped places 1 time across 45 shared years of data; in 1981 it was Philippines ahead.
Globally, Mexico ranks 36th 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.