Philippines vs Thailand: Expense
Philippines
4.10 trillion current LCU
in 2023
Thailand
3.73 trillion current LCU
in 2023
Philippines rank
35th
Thailand rank
36th
Expense over time
- Philippines
- Thailand
How they compare
Philippines currently reports 4.10 trillion current LCU against 3.73 trillion current LCU in Thailand, a difference of 375.72 billion current LCU.
That makes Philippines's figure about 1.1 times Thailand's.
The two have swapped places 1 time across 28 shared years of data; in 1990 it was Thailand ahead.
Philippines ranks 35th and Thailand ranks 36th of 157 countries.
Across the 4 decades both report, Philippines averaged higher in 1 and Thailand in 3.
Head to head by decade
| Decade | Philippines | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 208.44 billion current LCU | 311.27 billion current LCU | 102.84 billion current LCU | Thailand |
| 2000s | 876.92 billion current LCU | 1.21 trillion current LCU | 330.58 billion current LCU | Thailand |
| 2010s | 1.91 trillion current LCU | 2.63 trillion current LCU | 724.30 billion current LCU | Thailand |
| 2020s | 3.86 trillion current LCU | 3.81 trillion current LCU | 48.39 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Philippines or Thailand?
- Philippines, at 4.10 trillion current LCU against 3.73 trillion current LCU in Thailand as of 2023.
- What is the difference in expense between Philippines and Thailand?
- 375.72 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for Philippines and Thailand?
- 28 years are reported by both, from 1990 to 2023.
- How do Philippines and Thailand rank globally for expense?
- Philippines ranks 35th and Thailand ranks 36th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.