GDP (current LCU), annual growth rate (Country official) in Philippines
Philippines: GDP (current LCU), annual growth rate (Country official) was 5.9 % change on previous year in 2025. ◆ Volatile
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 (Country official) 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% |
Philippines compared with similar countries
- Philippines's 5.9 % change on previous year is below the median for upper middle income countries, which is 6.88 % change on previous year, 86% of the median. (59 countries reporting)
- Philippines's 5.9 % change on previous year is above the median for East Asia & Pacific, which is 5.28 % change on previous year, 1.1× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate (Country official) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -217.0% | 6.86 % change on previous year | -8.02 % change on previous year |
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 Russia 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (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.