Name: Philippines GDP
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Philippines,GDP,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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 May of 2022.

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.

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Related	Last	Previous	Unit	Reference
GDP Growth Rate	1.90	3.50	percent	Mar 2022
GDP Annual Growth Rate	8.30	7.80	percent	Mar 2022
GDP	361.49	376.82	USD Billion	Dec 2020
GDP per capita	3269.67	3664.79	USD	Dec 2020
GDP per capita PPP	7953.58	8914.72	USD	Dec 2020
Full Year GDP Growth	5.60	-9.60	percent	Dec 2021

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.