4th Quarter 2019

Gross National Income & Gross Domestic Product

Government Final Consumption Expenditure

Government Final Consumption Expenditure accelerates

Government Final Consumption Expenditure (GFCE) grew by 18.7 percent in the fourth quarter of 2019, higher compared with the 12.6 percent growth in the same period in 2018.

 

GOVERNMENT FINAL CONSUMPTION EXPENDITURE
4th Quarter 2018 and 4th Quarter 2019
AT CURRENT PRICES, IN MILLION PESOS

Type of Expenditure

Q4 2018

Q4 2019 Growth Rate (%)

Government Final Consumption Expenditure

555,898 676,509 21.7

 

GOVERNMENT FINAL CONSUMPTION EXPENDITURE
4th Quarter 2018 and 4th Quarter 2019
AT CONSTANT 2000 PRICES, IN MILLION PESOS

Type of Expenditure

Q4 2018 Q4 2019 Gowth Rate (%)

Government Final Consumption Expenditure

236,454 280,571 18.7