Philippines - Household consumption expenditure in constant LCU prices of 2015

13,343,809,402,928 (LCU) in 2022

In 2022, real household consumption for Philippines was 13,343,809 million LCU. Real household consumption of Philippines increased from 1,789,865 million LCU in 1973 to 13,343,809 million LCU in 2022 growing at an average annual rate of 4.21%.

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What is real household consumption?

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

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What is Philippines real household consumption?