The Gross Domestic Product (GDP) in Philippines was worth 313.60 billion US dollars in 2017. The GDP value of Philippines represents 0.51 percent of the world economy. GDP in Philippines averaged 77.31 USD Billion from 1960 until 2017, reaching an all time high of 313.60 USD Billion in 2017 and a record low of 4.40 USD Billion in 1962.

GDP in Philippines is expected to be 321.00 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 330.00 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 1.40 1.50 3.40 -2.30 percent [+]
GDP Annual Growth Rate 6.10 6.20 12.40 -11.10 percent [+]
GDP 313.60 304.90 313.60 4.40 USD Billion [+]
GDP Constant Prices 2221342.94 2356653.67 2356653.67 487413.68 PHP Million [+]
Gross National Product 2784498.00 2728917.00 2784498.00 944320.00 PHP Million [+]
Gross Fixed Capital Formation 704050.49 695427.33 704050.49 163357.69 PHP Million [+]
GDP per capita 2891.36 2752.10 2891.36 1059.30 USD [+]
GDP per capita PPP 7599.19 7233.20 7599.19 3796.90 USD [+]
GDP From Agriculture 163797.00 174325.00 179824.38 114778.44 PHP Million [+]
GDP From Construction 232896.53 260401.00 260401.00 85502.67 PHP Million [+]
GDP From Manufacturing 430229.00 525280.00 579551.71 252377.26 PHP Million [+]
GDP From Mining 17207.00 28252.08 31708.83 10394.10 PHP Million [+]
GDP From Public Administration 96479.00 109633.48 109633.48 43289.41 PHP Million [+]
GDP From Services 1316267.00 1380883.00 1380883.00 675416.60 PHP Million [+]
GDP From Transport 146883.00 180214.00 180214.00 34827.71 PHP Million [+]
GDP From Utilities 82731.00 74351.00 82731.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
313.60 304.90 313.60 4.40 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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