The Philippine economy grew by 4.4% in 2025, well below the government’s 5.5% to 6.5% target and slower than the 5.6% expansion in the previous year. This also marked the softest growth since 2011, weighed down by a contraction in public construction after flood control irregularities, as well as tapering government spending, a reduced front-loading boost to exports, and declining consumer confidence. source: Philippine Statistics Authority

Full Year GDP Growth in Philippines averaged 4.96 percent from 2001 until 2025, reaching an all time high of 7.60 percent in 2022 and a record low of -9.50 percent in 2020. This page includes a chart with historical data for Philippines Full Year GDP Growth. Philippines Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Full Year GDP Growth in Philippines is expected to reach 5.50 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Full Year GDP Growth is projected to trend around 6.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-01-30 02:00 AM
Full Year GDP Growth
2024 5.6% 5.6% 5.7%
2026-01-29 02:00 AM
Full Year GDP Growth
2025 4.4% 5.6% 5.4%


Related Last Previous Unit Reference
Full Year GDP Growth 4.40 5.60 percent Dec 2025
GDP 461.62 437.06 USD Billion Dec 2024
GDP Growth Rate YoY 3.00 3.90 percent Dec 2025
GDP Constant Prices 6379731.77 5526015.96 PHP Million Dec 2025
GDP from Agriculture 528825.65 410961.54 PHP Million Dec 2025
GDP from Construction 447221.95 383512.05 PHP Million Dec 2025
GDP from Manufacturing 1154934.06 809861.65 PHP Million Dec 2025
GDP from Mining 39268.77 33155.95 PHP Million Dec 2025
GDP from Public Administration 337383.47 259745.14 PHP Million Dec 2025
GDP from Services 4036044.27 3685374.28 PHP Million Dec 2025
GDP from Transport 249171.50 211463.42 PHP Million Dec 2025
GDP from Utilities 173437.06 203150.49 PHP Million Dec 2025
GDP Growth Rate 0.60 0.30 percent Dec 2025
Gross Fixed Capital Formation 1275805.04 1207431.88 PHP Million Dec 2025
Gross National Product 6739640.96 6668749.18 PHP Million Dec 2025


Philippines Full Year GDP Growth
Services are the biggest sector of the Philippine economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, storage and communication (8 percent); financial services (7 percent) and public administration, defense and social security (4 percent). Industry accounts for 31 percent of GDP. Within industry, manufacturing (22 percent of total GDP) and construction (5 percent) are the most important. Agriculture contributes the remaining 12 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
4.40 5.60 7.60 -9.50 2001 - 2025 percent Yearly
NSA