Latest Data
2024
₱3,216.778 billion
vs prev 7.28%
Data Coverage
Observations: 44
Period: Jan 1981 - Jan 2024
Frequency: Annual
Historic High: ₱3,216.778 billion (2024)
Historic Low: ₱556.308 billion (1985)
Related Series
Data Categories National Accounts National Income & Product Accounts Gross Domestic Product By Expenditure
Annual Government Final Consumption Expenditure
In Billion Pesos, at 2018 constant prices
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Table

Units: Billion Pesos (₱)

Frequency: Annual

Notes: This series represents the annual total of government final consumption expenditure at constant 2018 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 2018 Constant Prices. EconStat®. Accessed July 17, 2026. http://econstat.net/category/national-accounts/B1/series/GDPEXP2018-GFCE/.

References:

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