Hong Kong vs Philippines: Services, value added
Services, value added over time
- Hong Kong
- Philippines
How they compare
Hong Kong currently reports 373.46 billion current US$ against 313.77 billion current US$ in Philippines, a difference of 59.69 billion current US$.
That makes Hong Kong's figure about 1.2 times Philippines's.
Across all 25 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 28th and Philippines ranks 31st of 203 countries.
Hong Kong has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hong Kong | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 162.93 billion current US$ | 62.10 billion current US$ | 100.83 billion current US$ | Hong Kong |
| 2010s | 270.69 billion current US$ | 171.69 billion current US$ | 99.00 billion current US$ | Hong Kong |
| 2020s | 337.52 billion current US$ | 254.99 billion current US$ | 82.53 billion current US$ | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Hong Kong or Philippines?
- Hong Kong, at 373.46 billion current US$ against 313.77 billion current US$ in Philippines as of 2024.
- What is the difference in services, value added between Hong Kong and Philippines?
- 59.69 billion current US$, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Philippines?
- 25 years are reported by both, from 2000 to 2024.
- How do Hong Kong and Philippines rank globally for services, value added?
- Hong Kong ranks 28th and Philippines ranks 31st of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.