GDP in Philippines
Philippines: GDP was 28.01 trillion current LCU in 2025. ◆ Volatile
GDP in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gdp in Philippines stood at 28.01 trillion current LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 100.9% over ten years.
Over the whole period, gdp in Philippines peaked at 28.01 trillion current LCU in 2025 and was at its lowest, 15.14 billion current LCU, in 1960.
Philippines ranks 42nd of 214 countries on this measure, 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 | current LCU | Change |
|---|---|---|
| 1960 | 15.14 billion current LCU | — |
| 1961 | 16.51 billion current LCU | +9.0% |
| 1962 | 18.47 billion current LCU | +11.9% |
| 1963 | 21.53 billion current LCU | +16.6% |
| 1964 | 23.28 billion current LCU | +8.1% |
| 1965 | 25.48 billion current LCU | +9.4% |
| 1966 | 28.04 billion current LCU | +10.0% |
| 1967 | 30.13 billion current LCU | +7.5% |
| 1968 | 33.67 billion current LCU | +11.8% |
| 1969 | 37.33 billion current LCU | +10.9% |
| 1970 | 44.63 billion current LCU | +19.6% |
| 1971 | 53.87 billion current LCU | +20.7% |
| 1972 | 60.53 billion current LCU | +12.4% |
| 1973 | 77.11 billion current LCU | +27.4% |
| 1974 | 105.94 billion current LCU | +37.4% |
| 1975 | 122.31 billion current LCU | +15.4% |
| 1976 | 144.20 billion current LCU | +17.9% |
| 1977 | 164.96 billion current LCU | +14.4% |
| 1978 | 189.76 billion current LCU | +15.0% |
| 1979 | 230.31 billion current LCU | +21.4% |
| 1980 | 276.78 billion current LCU | +20.2% |
| 1981 | 319.93 billion current LCU | +15.6% |
| 1982 | 360.44 billion current LCU | +12.7% |
| 1983 | 419.61 billion current LCU | +16.4% |
| 1984 | 596.65 billion current LCU | +42.2% |
| 1985 | 650.54 billion current LCU | +9.0% |
| 1986 | 692.85 billion current LCU | +6.5% |
| 1987 | 777.28 billion current LCU | +12.2% |
| 1988 | 910.28 billion current LCU | +17.1% |
| 1989 | 1.05 trillion current LCU | +15.8% |
| 1990 | 1.23 trillion current LCU | +16.4% |
| 1991 | 1.42 trillion current LCU | +15.9% |
| 1992 | 1.54 trillion current LCU | +8.3% |
| 1993 | 1.68 trillion current LCU | +9.1% |
| 1994 | 1.93 trillion current LCU | +14.9% |
| 1995 | 2.18 trillion current LCU | +12.6% |
| 1996 | 2.48 trillion current LCU | +14.0% |
| 1997 | 2.77 trillion current LCU | +11.8% |
| 1998 | 3.05 trillion current LCU | +9.8% |
| 1999 | 3.35 trillion current LCU | +9.9% |
| 2000 | 3.70 trillion current LCU | +10.5% |
| 2001 | 4.02 trillion current LCU | +8.8% |
| 2002 | 4.35 trillion current LCU | +8.1% |
| 2003 | 4.72 trillion current LCU | +8.4% |
| 2004 | 5.32 trillion current LCU | +12.8% |
| 2005 | 5.92 trillion current LCU | +11.1% |
| 2006 | 6.55 trillion current LCU | +10.7% |
| 2007 | 7.20 trillion current LCU | +9.9% |
| 2008 | 8.05 trillion current LCU | +11.8% |
| 2009 | 8.39 trillion current LCU | +4.2% |
| 2010 | 9.40 trillion current LCU | +12.0% |
| 2011 | 10.14 trillion current LCU | +7.9% |
| 2012 | 11.06 trillion current LCU | +9.0% |
| 2013 | 12.05 trillion current LCU | +9.0% |
| 2014 | 13.21 trillion current LCU | +9.6% |
| 2015 | 13.94 trillion current LCU | +5.6% |
| 2016 | 15.13 trillion current LCU | +8.5% |
| 2017 | 16.56 trillion current LCU | +9.4% |
| 2018 | 18.27 trillion current LCU | +10.3% |
| 2019 | 19.52 trillion current LCU | +6.9% |
| 2020 | 17.95 trillion current LCU | -8.0% |
| 2021 | 19.41 trillion current LCU | +8.1% |
| 2022 | 22.03 trillion current LCU | +13.5% |
| 2023 | 24.31 trillion current LCU | +10.4% |
| 2024 | 26.45 trillion current LCU | +8.8% |
| 2025 | 28.01 trillion current LCU | +5.9% |
Philippines compared with similar countries
- Philippines's 28.01 trillion current LCU is above the median for upper middle income countries, which is 1.04 trillion current LCU, 26.8× the median. (59 countries reporting)
- Philippines's 28.01 trillion current LCU is above the median for East Asia & Pacific, which is 433.92 billion current LCU, 64.6× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP 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 |
|---|---|---|---|
| 1984 | +42.2% | 419.61 billion current LCU | 596.65 billion current LCU |
| 1974 | +37.4% | 77.11 billion current LCU | 105.94 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.96 billion current LCU | 15.14 billion current LCU | 37.33 billion current LCU | 10 |
| 1970s | 119.36 billion current LCU | 44.63 billion current LCU | 230.31 billion current LCU | 10 |
| 1980s | 605.89 billion current LCU | 276.78 billion current LCU | 1.05 trillion current LCU | 10 |
| 1990s | 2.16 trillion current LCU | 1.23 trillion current LCU | 3.35 trillion current LCU | 10 |
| 2000s | 5.82 trillion current LCU | 3.70 trillion current LCU | 8.39 trillion current LCU | 10 |
| 2010s | 13.93 trillion current LCU | 9.40 trillion current LCU | 19.52 trillion current LCU | 10 |
| 2020s | 23.03 trillion current LCU | 17.95 trillion current LCU | 28.01 trillion current LCU | 6 |
Countries ranked near Philippines
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 28.01 trillion current 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 28.01 trillion current LCU in 2025.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 15.14 billion current LCU in 1960.
- How does Philippines rank for gdp?
- Philippines ranks 42nd out of 214 countries with data for 2025.
- Is gdp rising or falling in Philippines?
- Over the last ten years it is up 100.9%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.