Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

1990 - 2024 | Yearly | PHP mn | World Bank

Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 20,137,692.097 PHP mn in 2024. This records an increase from the previous number of 18,604,457.545 PHP mn for 2023. Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 5,201,191.025 PHP mn from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 20,137,692.097 PHP mn in 2024 and a record low of 833,176.825 PHP mn in 1990. Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Gross Domestic Product: Nominal. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;

View Philippines's Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2024 in the chart:

Philippines Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

What was Philippines's Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series in 2024?

Last Previous Min Max Unit Frequency Range
20,137,692.097 2024 18,604,457.545 2023 833,176.825 1990 20,137,692.097 2024 PHP mn yearly 1990 - 2024

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Philippines Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 16,074.933 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 4,824.020 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 6.412 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 0.8 Sep 2025 quarterly Mar 1982 - Sep 2025
GDP per Capita (USD) 1,954.615 2024 yearly 1950 - 2024
Gross Fixed Capital Formation (USD mn) 26,097.590 Sep 2025 quarterly Mar 1981 - Sep 2025
Gross National Product (GNP) (USD mn) 134,069.336 Sep 2025 quarterly Mar 1981 - Sep 2025
Gross Savings Rate (%) 5.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Investment: % of GDP (%) 22.4 Sep 2025 quarterly Jun 1972 - Sep 2025
Nominal GDP (USD mn) 114,881.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Nominal GDP Growth (%) 4.850 Sep 2025 quarterly Mar 1982 - Sep 2025
Private Consumption Expenditure (USD mn) 90,910.392 Sep 2025 quarterly Mar 1981 - Sep 2025
Private Consumption: % of GDP (%) 79.1 Sep 2025 quarterly Mar 1981 - Sep 2025
Public Consumption Expenditure (USD mn) 17,796.513 Sep 2025 quarterly Mar 1981 - Sep 2025
Public Consumption: % of GDP (%) 15.5 Sep 2025 quarterly Mar 1981 - Sep 2025
Real GDP Growth (%) 4.3 Sep 2025 quarterly Mar 1999 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 74.020 Sep 2025 quarterly Mar 1981 - Sep 2025
Production Last Frequency Range
Gold Production (kg) 31,046.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) 1.4 Oct 2025 monthly Jan 2002 - Oct 2025
Minerals Production (Metric Ton) 19,803,328.000 2023 yearly 2009 - 2023
Motor Vehicle Production (Unit) 126,571.000 2024 yearly 1999 - 2024
Silver Production (Metric Ton) 46.160 2023 yearly 1986 - 2023
Construction and Properties Last Frequency Range
Building Permits (Unit) 12,705.000 Oct 2025 monthly Jan 2002 - Oct 2025
House Prices Growth (%) 7.5 Jun 2025 quarterly Mar 2015 - Jun 2025
Nominal Residential Property Price Index (2010=100) 305.210 Jun 2025 quarterly Mar 2008 - Jun 2025
Nominal Residential Property Price Index Growth (%) 7.547 Jun 2025 quarterly Mar 2009 - Jun 2025
Real Residential Property Price Index (2010=100) 189.317 Jun 2025 quarterly Mar 2008 - Jun 2025
Real Residential Property Price Index Growth (%) 6.111 Jun 2025 quarterly Mar 2009 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Forecast: Government Expenditure (PHP bn) 9,538.160 2030 yearly 1989 - 2030
Forecast: Government Net Debt (PHP bn) 23,834.650 2030 yearly 1993 - 2030
Forecast: Government Revenue (PHP bn) 8,774.629 2030 yearly 1989 - 2030
Government Debt: % of GDP (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Tax Revenue (USD mn) 5,625.747 Nov 2025 monthly Jan 1985 - Nov 2025
National Government Debt (USD mn) 297,648.2 Oct 2025 monthly Jan 1993 - Oct 2025
Consolidated Fiscal Balance (USD mn) -2,674.510 Nov 2025 monthly Jan 1985 - Nov 2025
Tax Revenue: % of GDP (%) 15.6 Sep 2025 quarterly Mar 1985 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 48,581,333.333 Sep 2025 quarterly Jun 1982 - Sep 2025
Forecast: Population (Person mn) 119.099 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 4.483 2030 yearly 1985 - 2030
Labour Force Participation Rate (%) 63.6 Oct 2025 quarterly Jul 2003 - Oct 2025
Labour Productivity Growth (%) 4.32 2024 yearly 1992 - 2024
Population (Person mn) 112.7 2024 yearly 1950 - 2024
Unemployment Rate (%) 5.30 Jul 2025 quarterly Jul 1982 - Jul 2025

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