Latest Data
2024
₱22,244.357 billion
vs prev 5.69%
Data Coverage
Observations: 44
Period: Jan 1981 - Jan 2024
Frequency: Annual
Historic High: ₱22,244.357 billion (2024)
Historic Low: ₱4,153.148 billion (1985)
Related Series
Data Categories National Accounts National Income & Product Accounts Gross Domestic Product By Expenditure
Annual Gross Domestic Product by Expenditure
In Billion Pesos, at 2018 constant prices,
Stacked Line Chart
Stacked Area Chart
Table
Horizontal Bar Chart
Acronyms: HFCE – Household Final Consumption Expenditure; GFCE – Government Final Consumption Expenditure; GCF – Gross Capital Formation; X – Exports of Goods and Services; M – Imports of Goods and Non-Factor Services; STAT – Statistical Discrepancy Sources:

Units: Trillion Pesos (₱)

Frequency: Annual

Notes: This series shows the composition of Gross Domestic Product (GDP) using the expenditure approach at constant 2018 prices. Under the expenditure approach, GDP is measured as the sum of five main components: household final consumption expenditure (HFCE), government final consumption expenditure (GFCE), gross capital formation (GCF), exports of goods and services, and imports of goods and services (subtracted). This breakdown shows how different sectors contribute to total economic activity and how the nation's output is utilized.1

Formula: GDP = HFCE + GFCE + GCF + Exports - Imports

Suggested Citation: Philippine Statistics Authority. Gross Domestic Product by Expenditure, Annual, at 2018 Constant Prices. EconStat®. Accessed July 17, 2026. http://econstat.net/category/national-accounts/B1/series/GDPEXP2018-TOTAL/.

References:

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