Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Philippines
Philippines: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 4.98 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Philippines, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Philippines recorded 4.98 Percent per annum for africa's development dynamics (afdd) table 04 - annual real gdp in 2029.
Compared with earlier readings it is up 2.1% on the previous year and up 13.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Philippines peaked at 6.01 Percent per annum in 2022 and was at its lowest, -10.98 Percent per annum, in 2020.
That places Philippines 7th out of 166 countries with data for 2029, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Philippines, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 0.6408 Percent per annum | — |
| 1991 | -2.78 Percent per annum | -533.1% |
| 1992 | -1.92 Percent per annum | -30.7% |
| 1993 | -0.199 Percent per annum | -89.6% |
| 1994 | 1.96 Percent per annum | -1082.8% |
| 1995 | 2.21 Percent per annum | +12.9% |
| 1996 | 3.33 Percent per annum | +50.9% |
| 1997 | 2.62 Percent per annum | -21.4% |
| 1998 | -2.88 Percent per annum | -210.0% |
| 1999 | 0.9648 Percent per annum | -133.5% |
| 2000 | 2.09 Percent per annum | +117.0% |
| 2001 | 0.8907 Percent per annum | -57.5% |
| 2002 | 1.6 Percent per annum | +79.5% |
| 2003 | 2.99 Percent per annum | +86.8% |
| 2004 | 4.47 Percent per annum | +49.7% |
| 2005 | 2.93 Percent per annum | -34.5% |
| 2006 | 3.35 Percent per annum | +14.3% |
| 2007 | 4.55 Percent per annum | +35.7% |
| 2008 | 2.41 Percent per annum | -47.0% |
| 2009 | -0.4013 Percent per annum | -116.6% |
| 2010 | 5.42 Percent per annum | -1450.1% |
| 2011 | 2.02 Percent per annum | -62.6% |
| 2012 | 5.05 Percent per annum | +149.4% |
| 2013 | 4.96 Percent per annum | -1.7% |
| 2014 | 4.64 Percent per annum | -6.5% |
| 2015 | 4.59 Percent per annum | -1.2% |
| 2016 | 5.27 Percent per annum | +14.8% |
| 2017 | 5.06 Percent per annum | -3.8% |
| 2018 | 4.55 Percent per annum | -10.2% |
| 2019 | 4.38 Percent per annum | -3.8% |
| 2020 | -10.98 Percent per annum | -350.8% |
| 2021 | 4.15 Percent per annum | -137.8% |
| 2022 | 6.01 Percent per annum | +44.9% |
| 2023 | 3.97 Percent per annum | -34.0% |
| 2024 | 4.59 Percent per annum | +15.6% |
| 2025 | 4.63 Percent per annum | +1.0% |
| 2026 | 4.67 Percent per annum | +0.9% |
| 2027 | 4.83 Percent per annum | +3.4% |
| 2028 | 4.87 Percent per annum | +0.9% |
| 2029 | 4.98 Percent per annum | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3944 Percent per annum | -2.88 Percent per annum | 3.33 Percent per annum | 10 |
| 2000s | 2.49 Percent per annum | -0.4013 Percent per annum | 4.55 Percent per annum | 10 |
| 2010s | 4.59 Percent per annum | 2.02 Percent per annum | 5.42 Percent per annum | 10 |
| 2020s | 3.17 Percent per annum | -10.98 Percent per annum | 6.01 Percent per annum | 10 |
Countries ranked near Philippines
- 4 India 5.66 Percent per annum compare
- 5 Georgia 5.32 Percent per annum compare
- 6 Rwanda 5.1 Percent per annum compare
- 6 Cabo Verde 3.56 Percent per annum compare
- 7 Latvia 3.53 Percent per annum compare
- 7 Croatia 3.21 Percent per annum compare
- 8 Ukraine 4.93 Percent per annum compare
- 9 Serbia 4.7 Percent per annum compare
- 10 Poland 3.29 Percent per annum compare
- 10 Armenia 4.66 Percent per annum compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1533 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 639.39 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 8.82 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 36,768 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1753 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 731.3 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 34,420 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.86 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2699 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Philippines?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Philippines was 4.98 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Philippines?
- The highest recorded value was 6.01 Percent per annum in 2022.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Philippines?
- The lowest recorded value was -10.98 Percent per annum in 2020.
- How does Philippines rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Philippines ranks 7th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Philippines?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.