GDP in Philippines
Philippines: GDP was 23.23 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
23.23 trillion constant LCU
Change on year
up 4.4%
World rank
33rd
of 215 countries
All-time high
23.23 trillion constant LCU
in 2025
All-time low
1.53 trillion constant LCU
in 1960
Years of data
66
1960–2025
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 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% |
Philippines compared with similar countries
- Philippines's 23.23 trillion constant LCU is above the median for upper middle income countries, which is 568.48 billion constant LCU, 40.9× the median. (59 countries reporting)
- Philippines's 23.23 trillion constant LCU is above the median for East Asia & Pacific, which is 387.42 billion constant LCU, 60.0× the median. (36 countries reporting)
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % 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.
Download this data
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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.