Mongolia vs Philippines: Services, value added (constant LCU)

Mongolia
16.81 trillion constant LCU
in 2025
Philippines
14.81 trillion constant LCU
in 2025
Mongolia rank
27th
Philippines rank
29th

Services, value added (constant LCU) over time

  • Mongolia
  • Philippines
05.0T10.0T15.0T196019922025

How they compare

Mongolia currently reports 16.81 trillion constant LCU against 14.81 trillion constant LCU in Philippines, a difference of 1.99 trillion constant LCU.

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

Across all 16 years both countries report, Mongolia has been ahead every year.

Mongolia ranks 27th and Philippines ranks 29th of 199 countries.

Mongolia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Mongolia Philippines Difference Ahead
2010s 10.27 trillion constant LCU 8.72 trillion constant LCU 1.55 trillion constant LCU Mongolia
2020s 14.40 trillion constant LCU 12.67 trillion constant LCU 1.73 trillion constant LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Mongolia or Philippines?
Mongolia, at 16.81 trillion constant LCU against 14.81 trillion constant LCU in Philippines as of 2025.
What is the difference in services, value added between Mongolia and Philippines?
1.99 trillion constant LCU, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Philippines?
16 years are reported by both, from 2010 to 2025.
How do Mongolia and Philippines rank globally for services, value added?
Mongolia ranks 27th and Philippines ranks 29th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Philippines: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 15 November 2026, from https://economy.statizoid.com/compare/services-value-added-constant-lcu/mongolia/philippines/

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About this data

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,980 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.