The Gross Domestic Product (GDP) in Philippines was worth 361.49 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Philippines represents 0.32 percent of the world economy. source: World Bank

GDP in Philippines averaged 93.65 USD Billion from 1960 until 2020, reaching an all time high of 376.80 USD Billion in 2019 and a record low of 4.40 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 July of 2021.

GDP in Philippines is expected to reach 373.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP is projected to trend around 379.00 USD Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Philippines GDP

Actual Previous Highest Lowest Dates Unit Frequency
361.49 376.82 376.82 4.40 1960 - 2020 USD Billion Yearly
Current USD

Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 3.80 8.00 -14.90 percent [+]
GDP Annual Growth Rate -4.20 -8.30 12.40 -17.00 percent [+]
GDP 361.49 376.82 376.82 4.40 USD Billion [+]
GDP Constant Prices 4244695.00 4825185.00 5260227.94 487413.68 PHP Million [+]
Gross National Product 4583578.37 4782915.81 5166622.67 944320.00 PHP Million [+]
Gross Fixed Capital Formation 872020.86 1029629.31 1072932.66 163357.69 PHP Million [+]
GDP per capita 2980.02 3340.13 3340.13 1100.02 USD [+]
GDP per capita PPP 7953.58 8914.72 8914.72 4006.70 USD [+]
GDP From Agriculture 434377.00 519641.00 519641.00 114778.44 PHP Million [+]
GDP From Construction 217314.00 326571.00 3089208.00 23906.00 PHP Million [+]
GDP From Manufacturing 882192.00 974013.00 974013.00 252377.26 PHP Million [+]
GDP From Mining 35552.00 30929.00 43890.00 10394.10 PHP Million [+]
GDP From Public Administration 205871.00 249426.00 255111.00 43289.41 PHP Million [+]
GDP From Services 2526208.00 2830158.00 2830158.00 675416.60 PHP Million [+]
GDP From Transport 136438.00 135648.00 168036.00 34827.71 PHP Million [+]
GDP From Utilities 138453.00 143873.00 167303.00 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.
Compare GDP by Country