Belgium vs Philippines: Final consumption expenditure
Final consumption expenditure over time
- Belgium
- Philippines
How they compare
Belgium currently reports 553.32 billion current US$ against 445.94 billion current US$ in Philippines, a difference of 107.38 billion current US$.
That makes Belgium's figure about 1.2 times Philippines's.
Across all 45 years both countries report, Belgium has been ahead every year.
Globally, Belgium ranks 23rd and Philippines ranks 26th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.