Mongolia vs Philippines: Gross value added at basic prices (GVA)

Mongolia
29.95 trillion constant LCU
in 2025
Philippines
23.23 trillion constant LCU
in 2025
Mongolia rank
26th
Philippines rank
29th

Gross value added at basic prices (GVA) over time

  • Mongolia
  • Philippines
010.0T20.0T30.0T196019922025

How they compare

Mongolia currently reports 29.95 trillion constant LCU against 23.23 trillion constant LCU in Philippines, a difference of 6.72 trillion constant LCU.

That makes Mongolia's figure about 1.3 times Philippines's.

The two have swapped places 1 time across 45 shared years of data; in 1981 it was Philippines ahead.

Mongolia ranks 26th and Philippines ranks 29th of 197 countries.

Mongolia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Mongolia Philippines Difference Ahead
1980s 5.77 trillion constant LCU 4.59 trillion constant LCU 1.18 trillion constant LCU Mongolia
1990s 6.96 trillion constant LCU 5.83 trillion constant LCU 1.12 trillion constant LCU Mongolia
2000s 9.54 trillion constant LCU 8.64 trillion constant LCU 902.21 billion constant LCU Mongolia
2010s 19.39 trillion constant LCU 14.84 trillion constant LCU 4.54 trillion constant LCU Mongolia
2020s 26.18 trillion constant LCU 20.42 trillion constant LCU 5.75 trillion constant LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Mongolia or Philippines?
Mongolia, at 29.95 trillion constant LCU against 23.23 trillion constant LCU in Philippines as of 2025.
What is the difference in gross value added at basic prices (gva) between Mongolia and Philippines?
6.72 trillion constant LCU, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Philippines?
45 years are reported by both, from 1981 to 2025.
How do Mongolia and Philippines rank globally for gross value added at basic prices (gva)?
Mongolia ranks 26th and Philippines ranks 29th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.