GDP Constant Prices in Philippines increased to 4628075 PHP Million in the second quarter of 2021 from 4257722.PHP Million in the first quarter of 2021. source: National Statistics Office of Philippines

GDP Constant Prices in Philippines averaged 1588762.32 PHP Million from 1981 until 2020, reaching an all time high of 5260227.94 PHP Million in the fourth quarter of 2019 and a record low of 487413.68 PHP Million in the third quarter of 1985. This page provides - Philippines GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP Constant Prices - values, historical data and charts - was last updated on October of 2021.

GDP Constant Prices in Philippines is expected to be 4485341.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP Constant Prices is projected to trend around 5548721.00 PHP Million in 2022 and 6048106.00 PHP Million in 2023, according to our econometric models.

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Philippines GDP Constant Prices

Philippines Last Unit Reference Previous Highest Lowest
GDP Growth Rate -1.30 percent Jun/21 0.30 8.00 -14.90
GDP Annual Growth Rate 11.80 percent Jun/21 -3.90 12.00 -17.00
GDP Constant Prices 4628075.00 PHP Million Jun/21 4257722.00 5260227.94 487413.68
Gross National Product 4730870.30 PHP Million Jun/21 4583578.37 5166622.67 944320.00
Gross Fixed Capital Formation 1154391.16 PHP Million Jun/21 872020.86 1154391.16 163357.69
GDP From Utilities 156464.00 PHP Million Jun/21 137333.00 167303.00 42117.43
GDP From Transport 108311.00 PHP Million Jun/21 135117.00 168036.00 34827.71
GDP From Public Administration 265413.00 PHP Million Jun/21 205871.00 265413.00 43289.41
GDP From Mining 44888.00 PHP Million Jun/21 36254.00 44888.00 10394.10
GDP From Manufacturing 882946.00 PHP Million Jun/21 882649.00 974013.00 252377.26
GDP From Construction 341500.00 PHP Million Jun/21 222346.00 3089208.00 23906.00
GDP From Agriculture 415945.00 PHP Million Jun/21 434002.00 519641.00 114778.44