Malawi vs Philippines: Goods and services expense

Malawi
1.05 trillion current LCU
in 2024
Philippines
1.09 trillion current LCU
in 2024
Malawi rank
29th
Philippines rank
28th

Goods and services expense over time

  • Malawi
  • Philippines
0250.0B500.0B750.0B1.0T199020072024

How they compare

Philippines currently reports 1.09 trillion current LCU against 1.05 trillion current LCU in Malawi, a difference of 34.72 billion current LCU.

Across all 16 years both countries report, Philippines has been ahead every year.

Malawi ranks 29th and Philippines ranks 28th of 155 countries.

Philippines has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Malawi Philippines Difference Ahead
2000s 58.51 billion current LCU 187.50 billion current LCU 128.99 billion current LCU Philippines
2010s 163.12 billion current LCU 361.88 billion current LCU 198.76 billion current LCU Philippines
2020s 562.51 billion current LCU 929.88 billion current LCU 367.37 billion current LCU Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Malawi or Philippines?
Philippines, at 1.09 trillion current LCU against 1.05 trillion current LCU in Malawi as of 2024.
What is the difference in goods and services expense between Malawi and Philippines?
34.72 billion current LCU, with Philippines ahead.
How many years of comparable data are there for Malawi and Philippines?
16 years are reported by both, from 2009 to 2024.
How do Malawi and Philippines rank globally for goods and services expense?
Malawi ranks 29th and Philippines ranks 28th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.