Philippines: Household consumption
* indicates monthly or quarterly data series
The most recent value is 4914.92 billion Philippine Peso as of Q3 2024, an increase compared to the previous value of 4704.64 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q3 2024 is 1354.95 billion Philippine Peso. The minimum of 41.07 billion Philippine Peso was recorded in Q1 1981, while the maximum of 5329.61 billion Philippine Peso was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Philippine Statistics Authority
| Recent values | Philippines: Household consumption, billion currency units |
|---|---|
| 2024 Q3 | 4914.92 |
| 2024 Q2 | 4704.64 |
| 2024 Q1 | 4780.01 |
| 2023 Q4 | 5329.61 |
| 2023 Q3 | 4534.5 |
| 2023 Q2 | 4326.02 |
| 2023 Q1 | 4418.2 |
| 2022 Q4 | 4862.51 |
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Definition: The market value of all goods and services, including durable products, purchased by households.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Capital investment, percent of GDP | 23.32 | 2023 | percent |
| Capital investment, in dollars | 101.95 | 2023 | billion U.S. dollars |
| Household consumption, percent of GDP | 76.52 | 2023 | percent |
| Household consumption, in dollars | 334.50 | 2023 | billion U.S. dollars |
| Household consumption | 4,914.92 | Q3/2024 | billion |
| Consumption as percent of GDP | 78.59 | Q3/2024 | percent |
| Consumption growth | 8.39 | Q3/2024 | percent |
| Investment | 1,471.67 | Q3/2024 | billion |
| Investment as percent of GDP | 23.53 | Q3/2024 | percent |
| Investment growth | 9.11 | Q3/2024 | percent |