GDP (constant LCU) (Country official) in Philippines
Philippines: GDP (constant LCU) (Country official) was 23.23 trillion constant LCU in 2025. ◆ Volatile
GDP in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Philippines is 23.23 trillion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 4.4% on the previous year and up 55.0% over ten years.
Over the whole period, gdp in Philippines peaked at 23.23 trillion constant LCU in 2025 and was at its lowest, 1.53 trillion constant LCU, in 1960.
That places Philippines 33rd out of 215 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU) (Country official) in Philippines, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 1.53 trillion constant LCU | — |
| 1961 | 1.62 trillion constant LCU | +5.7% |
| 1962 | 1.70 trillion constant LCU | +4.8% |
| 1963 | 1.82 trillion constant LCU | +7.0% |
| 1964 | 1.88 trillion constant LCU | +3.4% |
| 1965 | 1.98 trillion constant LCU | +5.3% |
| 1966 | 2.07 trillion constant LCU | +4.4% |
| 1967 | 2.18 trillion constant LCU | +5.2% |
| 1968 | 2.29 trillion constant LCU | +5.0% |
| 1969 | 2.39 trillion constant LCU | +4.7% |
| 1970 | 2.48 trillion constant LCU | +3.7% |
| 1971 | 2.62 trillion constant LCU | +5.4% |
| 1972 | 2.76 trillion constant LCU | +5.4% |
| 1973 | 3.00 trillion constant LCU | +8.8% |
| 1974 | 3.10 trillion constant LCU | +3.4% |
| 1975 | 3.27 trillion constant LCU | +5.5% |
| 1976 | 3.56 trillion constant LCU | +8.8% |
| 1977 | 3.76 trillion constant LCU | +5.6% |
| 1978 | 3.95 trillion constant LCU | +5.2% |
| 1979 | 4.17 trillion constant LCU | +5.6% |
| 1980 | 4.39 trillion constant LCU | +5.2% |
| 1981 | 4.54 trillion constant LCU | +3.4% |
| 1982 | 4.71 trillion constant LCU | +3.7% |
| 1983 | 4.80 trillion constant LCU | +1.9% |
| 1984 | 4.46 trillion constant LCU | -7.0% |
| 1985 | 4.15 trillion constant LCU | -6.9% |
| 1986 | 4.30 trillion constant LCU | +3.5% |
| 1987 | 4.49 trillion constant LCU | +4.4% |
| 1988 | 4.79 trillion constant LCU | +6.7% |
| 1989 | 5.08 trillion constant LCU | +6.2% |
| 1990 | 5.24 trillion constant LCU | +3.1% |
| 1991 | 5.22 trillion constant LCU | -0.4% |
| 1992 | 5.24 trillion constant LCU | +0.4% |
| 1993 | 5.35 trillion constant LCU | +2.2% |
| 1994 | 5.59 trillion constant LCU | +4.4% |
| 1995 | 5.85 trillion constant LCU | +4.6% |
| 1996 | 6.19 trillion constant LCU | +5.9% |
| 1997 | 6.51 trillion constant LCU | +5.2% |
| 1998 | 6.48 trillion constant LCU | -0.5% |
| 1999 | 6.69 trillion constant LCU | +3.3% |
| 2000 | 6.99 trillion constant LCU | +4.4% |
| 2001 | 7.20 trillion constant LCU | +3.0% |
| 2002 | 7.47 trillion constant LCU | +3.7% |
| 2003 | 7.85 trillion constant LCU | +5.1% |
| 2004 | 8.36 trillion constant LCU | +6.6% |
| 2005 | 8.77 trillion constant LCU | +4.9% |
| 2006 | 9.24 trillion constant LCU | +5.3% |
| 2007 | 9.84 trillion constant LCU | +6.5% |
| 2008 | 10.27 trillion constant LCU | +4.3% |
| 2009 | 10.42 trillion constant LCU | +1.4% |
| 2010 | 11.18 trillion constant LCU | +7.3% |
| 2011 | 11.62 trillion constant LCU | +3.9% |
| 2012 | 12.42 trillion constant LCU | +6.9% |
| 2013 | 13.25 trillion constant LCU | +6.7% |
| 2014 | 14.10 trillion constant LCU | +6.3% |
| 2015 | 14.99 trillion constant LCU | +6.3% |
| 2016 | 16.06 trillion constant LCU | +7.1% |
| 2017 | 17.18 trillion constant LCU | +6.9% |
| 2018 | 18.27 trillion constant LCU | +6.3% |
| 2019 | 19.38 trillion constant LCU | +6.1% |
| 2020 | 17.54 trillion constant LCU | -9.5% |
| 2021 | 18.54 trillion constant LCU | +5.7% |
| 2022 | 19.95 trillion constant LCU | +7.6% |
| 2023 | 21.05 trillion constant LCU | +5.5% |
| 2024 | 22.25 trillion constant LCU | +5.7% |
| 2025 | 23.23 trillion constant LCU | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.95 trillion constant LCU | 1.53 trillion constant LCU | 2.39 trillion constant LCU | 10 |
| 1970s | 3.27 trillion constant LCU | 2.48 trillion constant LCU | 4.17 trillion constant LCU | 10 |
| 1980s | 4.57 trillion constant LCU | 4.15 trillion constant LCU | 5.08 trillion constant LCU | 10 |
| 1990s | 5.83 trillion constant LCU | 5.22 trillion constant LCU | 6.69 trillion constant LCU | 10 |
| 2000s | 8.64 trillion constant LCU | 6.99 trillion constant LCU | 10.42 trillion constant LCU | 10 |
| 2010s | 14.84 trillion constant LCU | 11.18 trillion constant LCU | 19.38 trillion constant LCU | 10 |
| 2020s | 20.42 trillion constant LCU | 17.54 trillion constant LCU | 23.23 trillion constant LCU | 6 |
Countries ranked near Philippines
- 30 Mexico 25.51 trillion constant LCU compare
- 31 United States 25.15 trillion constant LCU compare
- 32 Madagascar 24.80 trillion constant LCU compare
- 34 Rwanda 21.79 trillion constant LCU compare
- 35 Democratic Republic of Congo 18.51 trillion constant LCU compare
- 36 Kazakhstan 18.24 trillion constant LCU compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is gdp in Philippines?
- Gdp in Philippines was 23.23 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Philippines?
- The highest recorded value was 23.23 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 1.53 trillion constant LCU in 1960.
- How does Philippines rank for gdp?
- Philippines ranks 33rd out of 215 countries with data for 2025.
- Is gdp rising or falling in Philippines?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.