GDP (current LCU), annual growth rate in Philippines
Philippines: GDP (current LCU), annual growth rate was 5.9 % change on previous year in 2025. ◆ Volatile
Latest (2025)
5.9 % change on previous year
Change on year
down 32.8%
World rank
124th
of 212 countries
All-time high
42.19 % change on previous year
in 1984
All-time low
-8.02 % change on previous year
in 2020
Years of data
65
1961–2025
GDP (current LCU), annual growth rate in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 5.9 % change on previous year for gdp (current lcu), annual growth rate in 2025.
The figure is down 32.8% on the previous year and up 5.7% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Philippines peaked at 42.19 % change on previous year in 1984 and was at its lowest, -8.02 % change on previous year, in 2020.
That places Philippines 124th out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.99 % change on previous year | — |
| 1962 | 11.9 % change on previous year | +32.4% |
| 1963 | 16.55 % change on previous year | +39.1% |
| 1964 | 8.14 % change on previous year | -50.8% |
| 1965 | 9.44 % change on previous year | +16.0% |
| 1966 | 10.05 % change on previous year | +6.4% |
| 1967 | 7.45 % change on previous year | -25.8% |
| 1968 | 11.75 % change on previous year | +57.7% |
| 1969 | 10.88 % change on previous year | -7.4% |
| 1970 | 19.56 % change on previous year | +79.8% |
| 1971 | 20.69 % change on previous year | +5.8% |
| 1972 | 12.36 % change on previous year | -40.2% |
| 1973 | 27.39 % change on previous year | +121.5% |
| 1974 | 37.4 % change on previous year | +36.5% |
| 1975 | 15.45 % change on previous year | -58.7% |
| 1976 | 17.9 % change on previous year | +15.9% |
| 1977 | 14.4 % change on previous year | -19.6% |
| 1978 | 15.03 % change on previous year | +4.4% |
| 1979 | 21.37 % change on previous year | +42.2% |
| 1980 | 20.18 % change on previous year | -5.6% |
| 1981 | 15.59 % change on previous year | -22.7% |
| 1982 | 12.66 % change on previous year | -18.8% |
| 1983 | 16.42 % change on previous year | +29.6% |
| 1984 | 42.19 % change on previous year | +157.0% |
| 1985 | 9.03 % change on previous year | -78.6% |
| 1986 | 6.5 % change on previous year | -28.0% |
| 1987 | 12.19 % change on previous year | +87.4% |
| 1988 | 17.11 % change on previous year | +40.4% |
| 1989 | 15.85 % change on previous year | -7.4% |
| 1990 | 16.44 % change on previous year | +3.7% |
| 1991 | 15.89 % change on previous year | -3.4% |
| 1992 | 8.33 % change on previous year | -47.6% |
| 1993 | 9.14 % change on previous year | +9.7% |
| 1994 | 14.87 % change on previous year | +62.7% |
| 1995 | 12.62 % change on previous year | -15.1% |
| 1996 | 14 % change on previous year | +10.9% |
| 1997 | 11.77 % change on previous year | -15.9% |
| 1998 | 9.84 % change on previous year | -16.4% |
| 1999 | 9.89 % change on previous year | +0.6% |
| 2000 | 10.45 % change on previous year | +5.7% |
| 2001 | 8.84 % change on previous year | -15.4% |
| 2002 | 8.1 % change on previous year | -8.3% |
| 2003 | 8.44 % change on previous year | +4.2% |
| 2004 | 12.85 % change on previous year | +52.2% |
| 2005 | 11.15 % change on previous year | -13.2% |
| 2006 | 10.7 % change on previous year | -4.0% |
| 2007 | 9.89 % change on previous year | -7.6% |
| 2008 | 11.84 % change on previous year | +19.7% |
| 2009 | 4.23 % change on previous year | -64.3% |
| 2010 | 12.03 % change on previous year | +184.6% |
| 2011 | 7.93 % change on previous year | -34.1% |
| 2012 | 9.03 % change on previous year | +13.9% |
| 2013 | 8.95 % change on previous year | -0.9% |
| 2014 | 9.59 % change on previous year | +7.2% |
| 2015 | 5.58 % change on previous year | -41.8% |
| 2016 | 8.52 % change on previous year | +52.6% |
| 2017 | 9.41 % change on previous year | +10.5% |
| 2018 | 10.32 % change on previous year | +9.6% |
| 2019 | 6.86 % change on previous year | -33.5% |
| 2020 | -8.02 % change on previous year | -217.0% |
| 2021 | 8.13 % change on previous year | -201.3% |
| 2022 | 13.49 % change on previous year | +65.9% |
| 2023 | 10.37 % change on previous year | -23.1% |
| 2024 | 8.78 % change on previous year | -15.3% |
| 2025 | 5.9 % change on previous year | -32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.57 % change on previous year | 7.45 % change on previous year | 16.55 % change on previous year | 9 |
| 1970s | 20.16 % change on previous year | 12.36 % change on previous year | 37.4 % change on previous year | 10 |
| 1980s | 16.77 % change on previous year | 6.5 % change on previous year | 42.19 % change on previous year | 10 |
| 1990s | 12.28 % change on previous year | 8.33 % change on previous year | 16.44 % change on previous year | 10 |
| 2000s | 9.65 % change on previous year | 4.23 % change on previous year | 12.85 % change on previous year | 10 |
| 2010s | 8.82 % change on previous year | 5.58 % change on previous year | 12.03 % change on previous year | 10 |
| 2020s | 6.44 % change on previous year | -8.02 % change on previous year | 13.49 % change on previous year | 6 |
Countries ranked near Philippines
- 121 Cameroon 6.12 % change on previous year compare
- 122 Liechtenstein 5.92 % change on previous year compare
- 123 Russian Federation 5.9 % change on previous year compare
- 125 Portugal 5.86 % change on previous year compare
- 126 Tonga 5.84 % change on previous year compare
- 127 Latvia 5.84 % change on previous year 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)
- GDP (current US$), annual growth rate 5.5 % change on previous year (2025)
- GDP (current US$), per capita 4,171 current US$ per person (2025)
- GDP (current LCU), per unit of GDP 57.51 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 239,837 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9749 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.4 % change on previous year (2025)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Philippines?
- Gdp (current lcu), annual growth rate in Philippines was 5.9 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Philippines?
- The highest recorded value was 42.19 % change on previous year in 1984.
- What is the lowest gdp (current lcu), annual growth rate recorded in Philippines?
- The lowest recorded value was -8.02 % change on previous year in 2020.
- How does Philippines rank for gdp (current lcu), annual growth rate?
- Philippines ranks 124th out of 212 countries with data for 2025.
- Is gdp (current lcu), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.