Philippines GDP - 2022 Data - 2023 Forecast - 1960-2021 Historical

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Philippines GDP

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The Gross Domestic Product (GDP) in Philippines was worth 461.62 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Philippines represents 0.43 percent of the world economy. source: World Bank

GDP in Philippines averaged 116.33 USD Billion from 1960 until 2024, reaching an all time high of 461.62 USD Billion in 2024 and a record low of 4.95 USD Billion in 1962. This page provides - Philippines GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP - values, historical data and charts - was last updated on December of 2025.

GDP in Philippines is expected to reach 489.32 USD Billion by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP is projected to trend around 520.63 USD Billion in 2026 and 551.87 USD Billion in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	5.60	5.60	percent	Dec 2024
GDP	461.62	437.06	USD Billion	Dec 2024
GDP Growth Rate YoY	4.00	5.50	percent	Sep 2025
GDP Growth Rate	0.40	1.50	percent	Sep 2025
GDP per Capita	3925.30	3744.70	USD	Dec 2024
GDP per Capita PPP	10375.94	9898.53	USD	Dec 2024

Philippines GDP The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
461.62	437.06	461.62	4.95	1960 - 2024	USD Billion	Yearly	Current USD

Compare: GDP by Country Related Philippine Imports Fall at Softer Pace Philippine Export Growth at 5-Month High Philippines Trade Gap Smallest in 9 Months Philippines Budget Deficit Narrows in November Philippines Consumer Confidence Falls to 4-Year Low Philippines Business Confidence Rises in Q4 Philippine Remittances Hit 3-Month High Philippine Peso Gains as BSP Signals End of Cuts Philippine Central Bank Cuts Rate in Final 2025 Meeting FDI into the Philippines Drop 25.8% in September Latest China Signals More Proactive Fiscal Policies for 2026 China Industrial Profits Subdued in Jan-Nov Ibovespa Edges Higher S&P 500 and Dow Set Fresh Records Argentina Retail Sales Grow at Slower Pace in October Russia Retail Sales Rise More than Expected Russia Unemployment Rate Falls to New Record Low Corn Hovers Near May Highs Russia Real Wage Growth Accelerates in October Brent Crude Oil Falls on Friday Philippines United States United Kingdom Euro area China Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Cote d Ivoire Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Asia and Pacific East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Euro area European Union Europe and Central Asia Faeroe Islands Fiji Finland France French Polynesia Gabon Gambia Georgia Germany Ghana Greece Greenland Grenada Guam Guatemala Guinea Guinea Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria North Korea Norway Oman Pakistan Palau Panama Palestine Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Republic of the Congo Romania Russia Rwanda Samoa Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Asia South Korea South Sudan Spain Sri Lanka Sudan Suriname Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands Yemen Zambia Zimbabwe Calendar Forecast Indicators News

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