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.

Philippines GDP
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Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 1.80 3.40 -2.30 percent [+]
GDP Annual Growth Rate 5.60 6.30 12.40 -11.10 percent [+]
GDP 330.91 313.62 330.91 4.40 USD Billion [+]
GDP Constant Prices 2257007.26 2494033.36 2494033.36 487413.68 PHP Million [+]
Gross National Product 2831541.89 2801216.28 2831541.89 944320.00 PHP Million [+]
Gross Fixed Capital Formation 707316.26 744263.22 744263.22 163357.69 PHP Million [+]
GDP per capita 3022.00 2884.40 3022.00 1059.50 USD [+]
GDP per capita PPP 7942.50 7580.80 7942.50 3800.10 USD [+]
GDP From Agriculture 157624.77 182717.24 182717.24 114778.44 PHP Million [+]
GDP From Construction 201455.59 270746.77 270746.77 85502.67 PHP Million [+]
GDP From Manufacturing 554839.47 599810.14 599810.14 252377.26 PHP Million [+]
GDP From Mining 22504.43 19323.58 30306.94 10394.10 PHP Million [+]
GDP From Public Administration 91987.01 107130.32 110586.18 43289.41 PHP Million [+]
GDP From Services 1301961.00 1404628.00 1404628.00 675416.60 PHP Million [+]
GDP From Transport 76553.45 65176.38 80056.97 34827.71 PHP Million [+]
GDP From Utilities 67147.30 71199.50 82773.94 42117.43 PHP Million [+]


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. This page provides - Philippines GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
330.91 313.62 330.91 4.40 1960 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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