Philippines - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Philippines was $271,612,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $275,859,000,000 in 2019 and $22,872,980,000 in 1983.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 $24,771,170,000
1982 $26,162,360,000
1983 $22,872,980,000
1984 $23,736,320,000
1985 $25,068,950,000
1986 $24,190,040,000
1987 $25,836,390,000
1988 $29,187,850,000
1989 $32,670,490,000
1990 $34,288,390,000
1991 $36,594,070,000
1992 $43,722,380,000
1993 $45,062,280,000
1994 $52,005,470,000
1995 $60,070,860,000
1996 $66,513,270,000
1997 $65,495,090,000
1998 $53,673,930,000
1999 $61,936,030,000
2000 $60,006,130,000
2001 $57,535,520,000
2002 $61,632,230,000
2003 $63,977,830,000
2004 $69,921,180,000
2005 $79,441,230,000
2006 $93,540,680,000
2007 $112,706,000,000
2008 $132,923,000,000
2009 $128,795,000,000
2010 $146,259,000,000
2011 $168,944,000,000
2012 $190,036,000,000
2013 $204,441,000,000
2014 $212,028,000,000
2015 $222,090,000,000
2016 $231,175,000,000
2017 $237,103,000,000
2018 $251,609,000,000
2019 $275,859,000,000
2020 $271,612,000,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Philippines was 13,478,500,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 14,288,300,000,000 in 2019 and a minimum value of 195,682,000,000 in 1981.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 195,682,000,000
1982 223,427,000,000
1983 254,181,000,000
1984 396,366,000,000
1985 466,465,000,000
1986 493,131,000,000
1987 531,395,000,000
1988 615,709,000,000
1989 710,149,000,000
1990 833,568,000,000
1991 1,005,550,000,000
1992 1,115,470,000,000
1993 1,222,080,000,000
1994 1,373,840,000,000
1995 1,544,690,000,000
1996 1,743,720,000,000
1997 1,930,190,000,000
1998 2,194,890,000,000
1999 2,421,020,000,000
2000 2,651,810,000,000
2001 2,933,890,000,000
2002 3,180,450,000,000
2003 3,467,810,000,000
2004 3,918,380,000,000
2005 4,376,060,000,000
2006 4,799,970,000,000
2007 5,201,190,000,000
2008 5,891,610,000,000
2009 6,140,880,000,000
2010 6,597,710,000,000
2011 7,317,490,000,000
2012 8,025,010,000,000
2013 8,677,720,000,000
2014 9,413,039,000,000
2015 10,105,700,000,000
2016 10,979,100,000,000
2017 11,950,900,000,000
2018 13,250,100,000,000
2019 14,288,300,000,000
2020 13,478,500,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Philippines was 259,912,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 282,328,000,000 in 2019 and 22,381,620,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 22,381,620,000
1961 23,478,460,000
1962 24,816,740,000
1963 26,305,610,000
1964 27,357,820,000
1965 28,698,080,000
1966 30,161,380,000
1967 31,682,470,000
1968 33,150,580,000
1969 34,465,120,000
1970 35,487,090,000
1971 36,687,070,000
1972 37,897,490,000
1973 40,079,740,000
1974 42,038,350,000
1975 44,055,730,000
1976 46,257,900,000
1977 48,697,680,000
1978 51,236,360,000
1979 53,720,930,000
1980 56,142,490,000
1981 57,633,490,000
1982 59,651,260,000
1983 60,203,990,000
1984 60,948,550,000
1985 60,615,590,000
1986 62,499,180,000
1987 64,663,090,000
1988 68,281,440,000
1989 71,390,820,000
1990 75,117,870,000
1991 76,994,940,000
1992 79,487,060,000
1993 81,496,510,000
1994 83,872,120,000
1995 86,376,240,000
1996 89,676,100,000
1997 93,561,670,000
1998 98,513,220,000
1999 102,482,000,000
2000 107,808,000,000
2001 112,058,000,000
2002 117,773,000,000
2003 124,108,000,000
2004 131,436,000,000
2005 137,278,000,000
2006 143,019,000,000
2007 149,898,000,000
2008 155,673,000,000
2009 159,613,000,000
2010 165,343,000,000
2011 174,523,000,000
2012 186,389,000,000
2013 197,235,000,000
2014 208,644,000,000
2015 222,090,000,000
2016 237,969,000,000
2017 252,146,000,000
2018 266,682,000,000
2019 282,328,000,000
2020 259,912,000,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Philippines was -7.94 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 7.15 in 2016 and a minimum value of -7.94 in 2020.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 4.90
1962 5.70
1963 6.00
1964 4.00
1965 4.90
1966 5.10
1967 5.04
1968 4.63
1969 3.97
1970 2.97
1971 3.38
1972 3.30
1973 5.76
1974 4.89
1975 4.80
1976 5.00
1977 5.27
1978 5.21
1979 4.85
1980 4.51
1981 2.66
1982 3.50
1983 0.93
1984 1.24
1985 -0.55
1986 3.11
1987 3.46
1988 5.60
1989 4.55
1990 5.22
1991 2.50
1992 3.24
1993 2.53
1994 2.91
1995 2.99
1996 3.82
1997 4.33
1998 5.29
1999 4.03
2000 5.20
2001 3.94
2002 5.10
2003 5.38
2004 5.90
2005 4.44
2006 4.18
2007 4.81
2008 3.85
2009 2.53
2010 3.59
2011 5.55
2012 6.80
2013 5.82
2014 5.78
2015 6.44
2016 7.15
2017 5.96
2018 5.77
2019 5.87
2020 -7.94

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Philippines was 12,913,700,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 14,027,500,000,000 in 2019 and a minimum value of 1,112,030,000,000 in 1960.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,112,030,000,000
1961 1,166,520,000,000
1962 1,233,020,000,000
1963 1,306,990,000,000
1964 1,359,270,000,000
1965 1,425,860,000,000
1966 1,498,560,000,000
1967 1,574,140,000,000
1968 1,647,080,000,000
1969 1,712,400,000,000
1970 1,763,170,000,000
1971 1,822,790,000,000
1972 1,882,930,000,000
1973 1,991,360,000,000
1974 2,088,670,000,000
1975 2,188,900,000,000
1976 2,298,320,000,000
1977 2,419,540,000,000
1978 2,545,670,000,000
1979 2,669,120,000,000
1980 2,789,430,000,000
1981 2,863,510,000,000
1982 2,963,770,000,000
1983 2,991,230,000,000
1984 3,028,220,000,000
1985 3,011,680,000,000
1986 3,105,260,000,000
1987 3,212,780,000,000
1988 3,392,560,000,000
1989 3,547,040,000,000
1990 3,732,220,000,000
1991 3,825,480,000,000
1992 3,949,310,000,000
1993 4,049,140,000,000
1994 4,167,180,000,000
1995 4,291,590,000,000
1996 4,455,550,000,000
1997 4,648,600,000,000
1998 4,894,620,000,000
1999 5,091,790,000,000
2000 5,356,410,000,000
2001 5,567,580,000,000
2002 5,851,520,000,000
2003 6,166,310,000,000
2004 6,530,390,000,000
2005 6,820,630,000,000
2006 7,105,900,000,000
2007 7,447,650,000,000
2008 7,734,580,000,000
2009 7,930,380,000,000
2010 8,215,060,000,000
2011 8,671,170,000,000
2012 9,260,730,000,000
2013 9,799,610,000,000
2014 10,366,500,000,000
2015 11,034,500,000,000
2016 11,823,500,000,000
2017 12,527,800,000,000
2018 13,250,100,000,000
2019 14,027,500,000,000
2020 12,913,700,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Philippines was 663,150,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 712,728,000,000 in 2019 and 94,446,030,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 94,446,030,000
1991 99,577,550,000
1992 104,746,000,000
1993 110,709,000,000
1994 115,686,000,000
1995 125,171,000,000
1996 135,323,000,000
1997 145,180,000,000
1998 153,551,000,000
1999 163,374,000,000
2000 177,915,000,000
2001 192,132,000,000
2002 205,974,000,000
2003 224,543,000,000
2004 248,509,000,000
2005 269,396,000,000
2006 289,163,000,000
2007 313,190,000,000
2008 340,274,000,000
2009 339,104,000,000
2010 356,783,000,000
2011 389,806,000,000
2012 442,704,000,000
2013 464,397,000,000
2014 493,660,000,000
2015 530,799,000,000
2016 580,109,000,000
2017 616,262,000,000
2018 665,275,000,000
2019 712,728,000,000
2020 663,150,000,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Philippines was 635,244,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 690,030,000,000 in 2019 and 183,593,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 183,593,000,000
1991 188,181,000,000
1992 194,272,000,000
1993 199,183,000,000
1994 204,989,000,000
1995 211,110,000,000
1996 219,175,000,000
1997 228,671,000,000
1998 240,773,000,000
1999 250,472,000,000
2000 263,489,000,000
2001 273,877,000,000
2002 287,845,000,000
2003 303,329,000,000
2004 321,239,000,000
2005 335,517,000,000
2006 349,549,000,000
2007 366,361,000,000
2008 380,475,000,000
2009 390,107,000,000
2010 404,111,000,000
2011 426,547,000,000
2012 455,548,000,000
2013 482,057,000,000
2014 509,941,000,000
2015 542,804,000,000
2016 581,613,000,000
2017 616,262,000,000
2018 651,790,000,000
2019 690,030,000,000
2020 635,244,000,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Philippines was 75.14 as of 2020. Its highest value over the past 39 years was 75.14 in 2020, while its lowest value was 60.58 in 1983.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 61.16
1982 61.99
1983 60.58
1984 66.43
1985 71.70
1986 71.17
1987 68.37
1988 67.64
1989 67.34
1990 67.89
1991 70.67
1992 72.36
1993 72.64
1994 71.09
1995 70.97
1996 70.27
1997 69.60
1998 72.05
1999 72.32
2000 71.72
2001 72.90
2002 73.10
2003 73.50
2004 73.60
2005 73.95
2006 73.28
2007 72.26
2008 73.19
2009 73.19
2010 70.19
2011 72.13
2012 72.55
2013 72.01
2014 71.27
2015 72.47
2016 72.55
2017 72.18
2018 72.54
2019 73.21
2020 75.14

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts