Consumer Spending in Philippines increased to 3028855.19 PHP Million in the third quarter of 2020 from 2913245.91 PHP Million in the second quarter of 2020. source: National Statistics Office of Philippines

Consumer Spending in Philippines averaged 803986.54 PHP Million from 1981 until 2020, reaching an all time high of 3314513.21 PHP Million in the first quarter of 2020 and a record low of 305524.42 PHP Million in the first quarter of 1981. This page provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Spending - values, historical data and charts - was last updated on November of 2020.

Consumer Spending in Philippines is expected to be 1954823.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Philippines to stand at 3125913.00 in 12 months time. In the long-term, the Philippines Consumer Spending is projected to trend around 2101434.00 PHP Million in 2021 and 2238028.00 PHP Million in 2022, according to our econometric models.

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Philippines Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
3028855.19 2913245.91 3314513.21 305524.42 1981 - 2020 PHP Million Quarterly
Constant Prices 2000, NSA

Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -54.50 1.26 13.10 -54.50 points [+]
Retail Sales Yoy 1.20 1.40 79.50 -3.13 percent [+]
Consumer Spending 3028855.19 2913245.91 3314513.21 305524.42 PHP Million [+]
Personal Savings 5388977.69 5321454.20 5388977.69 1124351.04 Million PHP [+]
Bank Lending Rate 6.54 6.77 39.73 5.09 percent [+]
Retail Sales Mom 0.00 0.40 14.43 -2.51 percent [+]
Gasoline Prices 0.89 0.97 1.29 0.34 USD/Liter [+]
Consumer Credit 412.52 446.38 456.61 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]