The Gross Domestic Product (GDP) in Philippines was worth 330.91 billion US dollars in 2018. The GDP value of Philippines represents 0.53 percent of the world economy. GDP in Philippines averaged 81.60 USD Billion from 1960 until 2018, reaching an all time high of 330.91 USD Billion in 2018 and a record low of 4.40 USD Billion in 1962.
GDP in Philippines is expected to be 355.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP is projected to trend around 425.00 USD Billion in 2020, according to our econometric models.