Enjoy a 15% discount on all purchases until the 31st of March 2023 using the promo code EOFWEB22 at check out!

Consumers Our insights cover everything from income, spending, behaviour and attitudes to demographic changes and household makeup. We help businesses anticipate consumer preferences and stay relevant long term.

Consumer Expenditure Growth in the Philippines to Accelerate in the Long Term

7/5/2015
Euromonitor International Profile Picture
Euromonitor International Bio
Share:

Emi_philippinesConsSpending-v1.1

The Philippines boast Southeast Asia’s third highest total consumer spending (behind Indonesia and Thailand), but with the region’s second largest population it is nevertheless an underperforming market. As food, non-alcoholic drinks and housing absorb over half of the household budget, Filipinos have a low capacity for discretionary spending. Consumer spending growth will accelerate through to 2030, backed by the country’s economic growth, youthful population and rising middle class.

Interested in more insights? Subscribe to our content

Explore More

Shop Our Reports

New Consumer Landscape: Consumerism and Beyond

Due to changing global demographics and unfolding financial and environmental concerns, consumption patterns have been evolving over the recent years,…

View Report

Voice of the Industry: Consumer Lifestyles 2022

This report highlights the results of Euromonitor International’s Voice of the Industry: Lifestyles survey capturing insights on consumer behaviour, shopping…

View Report

Global Inflation Tracker: Q1 2023

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More