GDP (current US$), annual growth rate in Philippines
Philippines: GDP (current US$), annual growth rate was 5.5 % change on previous year in 2025. ◆ Volatile
GDP (current US$), annual growth rate in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gdp (current us$), annual growth rate in Philippines stood at 5.5 % change on previous year.
The figure is down 2.3% on the previous year and up 82.7% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Philippines peaked at 36.76 % change on previous year in 1974 and was at its lowest, -39.37 % change on previous year, in 1962.
That places Philippines 143rd out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.72 % change on previous year | — |
| 1962 | -39.37 % change on previous year | -551.5% |
| 1963 | 11.11 % change on previous year | -128.2% |
| 1964 | 8.15 % change on previous year | -26.6% |
| 1965 | 9.47 % change on previous year | +16.1% |
| 1966 | 10.31 % change on previous year | +8.9% |
| 1967 | 7.45 % change on previous year | -27.7% |
| 1968 | 11.75 % change on previous year | +57.7% |
| 1969 | 10.88 % change on previous year | -7.4% |
| 1970 | -21.03 % change on previous year | -293.3% |
| 1971 | 10.79 % change on previous year | -151.3% |
| 1972 | 8.27 % change on previous year | -23.4% |
| 1973 | 25.86 % change on previous year | +212.6% |
| 1974 | 36.76 % change on previous year | +42.2% |
| 1975 | 8.12 % change on previous year | -77.9% |
| 1976 | 14.85 % change on previous year | +82.9% |
| 1977 | 14.97 % change on previous year | +0.8% |
| 1978 | 15.61 % change on previous year | +4.3% |
| 1979 | 21.18 % change on previous year | +35.6% |
| 1980 | 18.03 % change on previous year | -14.8% |
| 1981 | 9.91 % change on previous year | -45.1% |
| 1982 | 4.21 % change on previous year | -57.5% |
| 1983 | -10.54 % change on previous year | -350.0% |
| 1984 | -5.37 % change on previous year | -49.0% |
| 1985 | -2.15 % change on previous year | -60.0% |
| 1986 | -2.79 % change on previous year | +29.5% |
| 1987 | 11.19 % change on previous year | -501.7% |
| 1988 | 14.18 % change on previous year | +26.7% |
| 1989 | 12.43 % change on previous year | -12.4% |
| 1990 | 4.11 % change on previous year | -66.9% |
| 1991 | 2.53 % change on previous year | -38.6% |
| 1992 | 16.68 % change on previous year | +560.4% |
| 1993 | 2.67 % change on previous year | -84.0% |
| 1994 | 17.93 % change on previous year | +571.1% |
| 1995 | 15.7 % change on previous year | -12.4% |
| 1996 | 11.82 % change on previous year | -24.7% |
| 1997 | -0.5724 % change on previous year | -104.8% |
| 1998 | -20.84 % change on previous year | +3541.0% |
| 1999 | 14.96 % change on previous year | -171.8% |
| 2000 | -2.3 % change on previous year | -115.4% |
| 2001 | -5.68 % change on previous year | +146.7% |
| 2002 | 6.82 % change on previous year | -220.2% |
| 2003 | 3.24 % change on previous year | -52.5% |
| 2004 | 9.15 % change on previous year | +182.3% |
| 2005 | 13.07 % change on previous year | +42.9% |
| 2006 | 18.84 % change on previous year | +44.1% |
| 2007 | 22.19 % change on previous year | +17.8% |
| 2008 | 16.44 % change on previous year | -25.9% |
| 2009 | -3.11 % change on previous year | -118.9% |
| 2010 | 18.41 % change on previous year | -691.8% |
| 2011 | 12.4 % change on previous year | -32.6% |
| 2012 | 11.83 % change on previous year | -4.6% |
| 2013 | 8.39 % change on previous year | -29.0% |
| 2014 | 4.78 % change on previous year | -43.0% |
| 2015 | 3.01 % change on previous year | -37.0% |
| 2016 | 3.97 % change on previous year | +31.9% |
| 2017 | 3.09 % change on previous year | -22.2% |
| 2018 | 5.59 % change on previous year | +80.7% |
| 2019 | 8.64 % change on previous year | +54.6% |
| 2020 | -4 % change on previous year | -146.3% |
| 2021 | 8.94 % change on previous year | -323.5% |
| 2022 | 2.61 % change on previous year | -70.9% |
| 2023 | 8.09 % change on previous year | +210.5% |
| 2024 | 5.63 % change on previous year | -30.4% |
| 2025 | 5.5 % change on previous year | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.27 % change on previous year | -39.37 % change on previous year | 11.75 % change on previous year | 9 |
| 1970s | 13.54 % change on previous year | -21.03 % change on previous year | 36.76 % change on previous year | 10 |
| 1980s | 4.91 % change on previous year | -10.54 % change on previous year | 18.03 % change on previous year | 10 |
| 1990s | 6.5 % change on previous year | -20.84 % change on previous year | 17.93 % change on previous year | 10 |
| 2000s | 7.87 % change on previous year | -5.68 % change on previous year | 22.19 % change on previous year | 10 |
| 2010s | 8.01 % change on previous year | 3.01 % change on previous year | 18.41 % change on previous year | 10 |
| 2020s | 4.46 % change on previous year | -4 % change on previous year | 8.94 % change on previous year | 6 |
Countries ranked near Philippines
- 140 United Arab Emirates 5.68 % change on previous year compare
- 141 Greenland 5.53 % change on previous year compare
- 142 Barbados 5.51 % change on previous year compare
- 144 Papua New Guinea 5.5 % change on previous year compare
- 145 Saint Kitts and Nevis 5.45 % change on previous year compare
- 146 Singapore 5.41 % 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$), per capita 4,171 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.9 % change on previous year (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 us$), annual growth rate in Philippines?
- Gdp (current us$), annual growth rate in Philippines was 5.5 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Philippines?
- The highest recorded value was 36.76 % change on previous year in 1974.
- What is the lowest gdp (current us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -39.37 % change on previous year in 1962.
- How does Philippines rank for gdp (current us$), annual growth rate?
- Philippines ranks 143rd out of 212 countries with data for 2025.
- Is gdp (current us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 82.7%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.