General government final consumption expenditure in current prices

60,688,240,955 (US dollars) in 2022

In 2022, general government final consumption for Philippines was 60,688 million US dollars. General government final consumption of Philippines increased from 1,050 million US dollars in 1973 to 60,688 million US dollars in 2022 growing at an average annual rate of 9.27%.

The description is composed by our digital data assistant.

Government final consumption expenditure consists of expenditure, including imputed expenditure, incurred by general government on both individual consumption goods and services and collective consumption services.

Date Value Change, %
2022 60,688,240,955 -1.15%
2021 61,395,637,451 11.21%
2020 55,208,486,780 17.51%
2019 46,981,416,744 12.48%
2018 41,769,419,256 12.30%
2017 37,195,077,223 3.69%
2016 35,870,924,886 7.28%
2015 33,438,275,400 6.43%
2014 31,417,751,765 2.31%
2013 30,709,641,386 8.64%
2012 28,266,850,266 24.24%
2011 22,750,951,724