Denmark vs Philippines: General government final consumption expenditure
General government final consumption expenditure over time
- Denmark
- Philippines
How they compare
Denmark currently reports 81.79 billion constant 2015 US$ against 70.26 billion constant 2015 US$ in Philippines, a difference of 11.53 billion constant 2015 US$.
That makes Denmark's figure about 1.2 times Philippines's.
Across all 60 years both countries report, Denmark has been ahead every year.
Globally, Denmark ranks 27th and Philippines ranks 30th of 167 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.