Gross National Product in Philippines decreased to 4583578.37 PHP Million in the first quarter of 2021 from 4782915.81 PHP Million in the fourth quarter of 2020. source: National Statistics Office of Philippines

Gross National Product in Philippines averaged 1865485.75 PHP Million from 1998 until 2021, reaching an all time high of 5166622.67 PHP Million in the first quarter of 2020 and a record low of 944320 PHP Million in the second quarter of 1998. This page provides - Philippines Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Gross National Product - values, historical data and charts - was last updated on July of 2021.

Gross National Product in Philippines is expected to be 4949874.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Philippines to stand at 4881511.00 in 12 months time. In the long-term, the Philippines Gross National Product is projected to trend around 5604382.00 PHP Million in 2022 and 6108776.00 PHP Million in 2023, according to our econometric models.

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Philippines Gross National Product

Actual Previous Highest Lowest Dates Unit Frequency
4583578.37 4782915.81 5166622.67 944320.00 1998 - 2021 PHP Million Quarterly
Constant Prices, SA

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 [+]