Consumer Spending in Philippines decreased to 3153807.45 PHP Million in the first quarter of 2021 from 3651785.61 PHP Million in the fourth quarter of 2020. source: National Statistics Office of Philippines
Consumer Spending in Philippines averaged 836269.89 PHP Million from 1981 until 2021, 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 June of 2021.
Consumer Spending in Philippines is expected to be 3291968.00 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 3358805.00 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.