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 February of 2026.
GDP in Philippines is expected to reach 487.01 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP is projected to trend around 516.23 USD Billion in 2027 and 547.20 USD Billion in 2028, according to our econometric models.