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consumption expenditure CAPORADO ANNAVELLA.pptx
- 1. CONSUMPTION EXPENDITURE ANNAVELLA M. CAPORADO MAT-TLE DISCUSSANT
- 2. CONSUMPTION EXPENDITURE Consumption is the portion of disposable income that is spent and not saved. Consumption spending bears a close relationship to disposable income. Consumption makes up the largest share of aggregate planned expenditures.
- 3. CONSUMPTION EXPENDITURE it refers to the aggregate expenditure incurred by all consumer including households, government and nonprofit organizations.
- 4. COMPONENTS Expenditure by Households Government Expenditure Expenditure by Non- profit organizatons
- 5. EXPENDITURE BY HOUSEHOLDS Household final consumption expenditure covers all purchases made by resident households (home or abroad) to meet their everyday needs: food, clothing, housing services (rents), energy, transport, durable goods (notably cars), spending on health, on leisure and on miscellaneous services
- 6. 3 Types of Expenditure by HOUSEHOLDS • Fixed Expenditure: These are regular payments where the amount paid does not vary e.g. rent or mortgage payments. • Irregular Expenditure: This is where the timing or amount of spending will vary. • Discretionary Expenditure: Non-essential spending, this is spending on wants rather than needs.
- 7. GOVERNMENT EXPENDITURE Governments spending or government expenditures can be divided into three primary groups, government consumption ,transfer payments and interest payments. It also money producing and purchasing goods and services (e.g. defense, education and health care) and on redistribution programes (e.g. pensions and unemployment insurance. What is the government expenditure in the Philippines? Government spending in the Philippines average 287291.01PHP Million from 1981 until 2023,reaching an all time high 903919.54 PHP Million in the second quarter of 2022 and a record low of 127087.53 PHP Million in the first quarter of 1986.
- 8. DATA of National Expenditure of the Philippines
- 9. EXPENDITURE BY NON- PROFIT ORGANIZATIONS Non-profit Organizations or institutions on consumer goods for charity purposes is known as expenditure by non-profit institutions. Here the non profit organizations refer to NGOs. Gurudwaras, temples, mosques, and others also it includes the expenditure incurred on purchases from private enterprises as well as government institutions
- 10. NON-PROFIT ORGANIZATIONS 1.Expenses incurred on providing services on behalf of households such as hospital care and education. 2.Expenditures behalf of households such as employer-paid health incurred by third-party payers on insurance and medical care financed through the government programs.
- 11. NON-PROFIT ORGANIZATIONS include churches, public schools, public charities, public clinics and hospitals, politicasl organizations, legal aid societies, volunteer services organizations labor unions, professional asociations, research institutes, museums, and some government agencies.