Philippines GDP Annual Growth Rate  Forecast


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GDP Annual Growth Rate in Philippines is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Philippines to stand at 6.50 in 12 months time. In the long-term, the Philippines GDP Annual Growth Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.


Philippines GDP Last Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 1.3 1.5 1.2 1.4 1.2 0.9
GDP Annual Growth Rate 6.9 6.8 6.4 6.4 6.5 6.5
GDP 305 318 335 335 315 365
GDP Constant Prices 2088429 2210102 2229129 2252938 2274687 2647181
Gross National Product 2611601 2630000 2660000 2690000 2763241 2950000
Gross Fixed Capital Formation 594576 716000 682000 662000 585107 926000
GDP per capita 2753 2860 2970 2970 2889 3170
GDP per capita PPP 7236 7680 7910 7910 7725 8400
GDP From Agriculture 134824 179000 159600 147000 127685 200000
GDP From Construction 204575 232000 188300 244000 194514 286000
GDP From Manufacturing 468185 563000 513801 504000 445709 664000
GDP From Mining 16868 16000 18900 24500 17150 16100
Gdp From Public Administration 81979 87000 73522 95000 77233 94000
Gdp From Services 1229016 1298082 1183884 1288815 1180136 1257578
GDP From Transport 76024 66700 71800 80800 63631 80500
GDP From Utilities 71442 67100 61719 70162 74245 74000