GDP Constant Prices in Philippines decreased to 2221342.94 PHP Million in the third quarter of 2018 from 2356653.67 PHP Million in the second quarter of 2018. GDP Constant Prices in Philippines averaged 1049221.97 PHP Million from 1981 until 2018, reaching an all time high of 2356653.67 PHP Million in the second quarter of 2018 and a record low of 487413.68 PHP Million in the third quarter of 1985.
GDP Constant Prices in Philippines is expected to be 2423078.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Philippines to stand at 2372394.00 in 12 months time. In the long-term, the Philippines GDP Constant Prices is projected to trend around 2761228.00 PHP Million in 2020, according to our econometric models.