Latest Data
2024
₱3,836.985 billion
vs prev 10.97%
Data Coverage
Observations: 44
Period: Dec 1981 - Dec 2024
Frequency: Annual
Historic High: ₱3,836.985 billion (2024)
Historic Low: ₱26.530 billion (1981)
Related Series
Data Categories National Accounts National Income & Product Accounts Gross Domestic Product By Expenditure
Annual Government Final Consumption Expenditure
In Billion Pesos, at current prices
line-chart Line Chart

Units: Billion Pesos (₱)

Frequency: Annual

Notes: This series represents the annual total of government final consumption expenditure at current prices. Government final consumption expenditure (GFCE) measures government spending on goods and services for current use. GFCE is derived separately for national government, local government, social security schemes, and non-profit institutions serving government using data from the Commission on Audit and the Department of Budget and Management.1

Suggested Citation: Philippine Statistics Authority. Annual Government Final Consumption Expenditure, at Current Prices. EconStat®. Accessed July 17, 2026. http://econstat.net/category/national-accounts/B1/series/GDPEXP-GFCE/.

References:

  1. Philippine Statistics Authority. Technical Notes on the National Accounts of the Philippines. https://psa.gov.ph/statistics/national-accounts/technical-notes ↩