Consumer Spending in Philippines increased to 3651785.61 PHP Million in the fourth quarter of 2020 from 3028855.19 PHP Million in the third quarter of 2020. source: National Statistics Office of Philippines
Consumer Spending in Philippines averaged 821785.28 PHP Million from 1981 until 2020, reaching an all time high of 3651785.61 PHP Million in the fourth 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 May of 2021.
Consumer Spending in Philippines is expected to be 3198505.00 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 3925670.00 in 12 months time. In the long-term, the Philippines Consumer Spending is projected to trend around 4278980.00 PHP Million in 2022 and 4664088.00 PHP Million in 2023, according to our econometric models.