Malaysia vs Philippines: Gross Domestic Product — Value US$, 2015 prices

Malaysia
421,626 million USD
in 2024
Philippines
454,838 million USD
in 2024
Malaysia rank
33rd
Philippines rank
30th

Gross Domestic Product — Value US$, 2015 prices over time

  • Malaysia
  • Philippines
0100.0k200.0k300.0k400.0k500.0k197019972024

How they compare

Philippines currently reports 454,838 million USD against 421,626 million USD in Malaysia, a difference of 33,212 million USD.

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

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Philippines ahead.

Malaysia ranks 33rd and Philippines ranks 30th of 203 countries.

Across the 6 decades both report, Malaysia averaged higher in 1 and Philippines in 5.

Head to head by decade

Decade Malaysia Philippines Difference Ahead
1970s 28,230 million USD 66,777 million USD 38,547 million USD Philippines
1980s 53,797 million USD 93,420 million USD 39,623 million USD Philippines
1990s 109,951 million USD 119,268 million USD 9,317 million USD Philippines
2000s 182,846 million USD 176,631 million USD 6,215 million USD Malaysia
2010s 295,624 million USD 303,451 million USD 7,827 million USD Philippines
2020s 382,079 million USD 406,084 million USD 24,005 million USD Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, 2015 prices, Malaysia or Philippines?
Philippines, at 454,838 million USD against 421,626 million USD in Malaysia as of 2024.
What is the difference in gross domestic product — value us$, 2015 prices between Malaysia and Philippines?
33,212 million USD, with Philippines ahead.
How many years of comparable data are there for Malaysia and Philippines?
55 years are reported by both, from 1970 to 2024.
How do Malaysia and Philippines rank globally for gross domestic product — value us$, 2015 prices?
Malaysia ranks 33rd and Philippines ranks 30th of 203 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Domestic Product — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malaysia vs Philippines: Gross Domestic Product — Value US$, 2015 prices. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us-2015-prices/malaysia/philippines/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).