Philippines vs Vietnam: Gross domestic product (GDP)

Philippines
1.16 trillion international-$ in 2021 prices
in 2023
Vietnam
1.31 trillion international-$ in 2021 prices
in 2023
Philippines rank
29th
Vietnam rank
26th

Gross domestic product (GDP) over time

  • Philippines
  • Vietnam
0500.0B1.0T1.5T195019862023

How they compare

Vietnam currently reports 1.31 trillion international-$ in 2021 prices against 1.16 trillion international-$ in 2021 prices in Philippines, a difference of 148.60 billion international-$ in 2021 prices.

That makes Vietnam's figure about 1.1 times Philippines's.

The two have swapped places 1 time across 41 shared years of data; in 1983 it was Philippines ahead.

Philippines ranks 29th and Vietnam ranks 26th of 184 countries.

Across the 5 decades both report, Philippines averaged higher in 4 and Vietnam in 1.

Head to head by decade

Decade Philippines Vietnam Difference Ahead
1980s 211.62 billion international-$ in 2021 prices 86.28 billion international-$ in 2021 prices 125.34 billion international-$ in 2021 prices Philippines
1990s 357.67 billion international-$ in 2021 prices 148.79 billion international-$ in 2021 prices 208.88 billion international-$ in 2021 prices Philippines
2000s 459.03 billion international-$ in 2021 prices 334.51 billion international-$ in 2021 prices 124.51 billion international-$ in 2021 prices Philippines
2010s 831.78 billion international-$ in 2021 prices 830.48 billion international-$ in 2021 prices 1.30 billion international-$ in 2021 prices Philippines
2020s 1.06 trillion international-$ in 2021 prices 1.25 trillion international-$ in 2021 prices 186.40 billion international-$ in 2021 prices Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), Philippines or Vietnam?
Vietnam, at 1.31 trillion international-$ in 2021 prices against 1.16 trillion international-$ in 2021 prices in Philippines as of 2023.
What is the difference in gross domestic product (gdp) between Philippines and Vietnam?
148.60 billion international-$ in 2021 prices, with Vietnam ahead.
How many years of comparable data are there for Philippines and Vietnam?
41 years are reported by both, from 1983 to 2023.
How do Philippines and Vietnam rank globally for gross domestic product (gdp)?
Philippines ranks 29th and Vietnam ranks 26th of 184 countries.
Where does this data come from?
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Philippines vs Vietnam: Gross domestic product (GDP). Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://economy.statizoid.com/compare/gdp-penn-world-table/philippines/viet-nam/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.