Malawi vs Philippines: General government final consumption expenditure
General government final consumption expenditure over time
- Malawi
- Philippines
How they compare
Malawi currently reports 4.77 trillion current LCU against 4.24 trillion current LCU in Philippines, a difference of 523.64 billion current LCU.
That makes Malawi's figure about 1.1 times Philippines's.
The two have swapped places 1 time across 9 shared years of data; in 2017 it was Philippines ahead.
Globally, Malawi ranks 34th and Philippines ranks 35th of 186 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.