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Economy > Spending > Final consumption expenditure Stats: compare key data on Philippines & South Korea

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Definitions

  • Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.
  • Constant LCU per capita: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Current LCU per capita: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
  • Current US$ per capita: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT Philippines South Korea HISTORY
Constant 2000 US$ $118.71 billion
Ranked 41st.
$708.76 billion
Ranked 15th. 6 times more than Philippines

Constant 2000 US$ per capita $1,227.51
Ranked 77th.
$14,174.04
Ranked 32nd. 12 times more than Philippines

Constant 2000 US$, % of GDP 47.45%
Ranked 69th.
62.74%
Ranked 42nd. 32% more than Philippines

Constant LCU 5.1 trillion
Ranked 19th.
725.85 trillion
Ranked 3rd. 142 times more than Philippines

Constant LCU per capita 52,691.15
Ranked 39th.
14.52 million
Ranked 2nd. 275 times more than Philippines

Current LCU 7.95 trillion
Ranked 24th.
882.23 trillion
Ranked 3rd. 111 times more than Philippines

Current LCU per capita 82,198.38
Ranked 48th.
17.64 million
Ranked 3rd. 215 times more than Philippines

Current US$ $188.24 billion
Ranked 39th.
$783.18 billion
Ranked 15th. 4 times more than Philippines

Current US$ per capita $1,946.50
Ranked 91st.
$15,662.40
Ranked 28th. 8 times more than Philippines

Current US$, % of GDP 75.24%
Ranked 81st. 9% more than South Korea
69.33%
Ranked 100th.

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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