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

Latest (2025)
5.5 % change on previous year
Change on year
down 2.3%
World rank
143rd
of 212 countries
All-time high
36.76 % change on previous year
in 1974
All-time low
-39.37 % change on previous year
in 1962
Years of data
65
1961–2025

GDP (current US$), annual growth rate in Philippines, 1961–2025

-40-2002040196119932025

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

Annual values for GDP (current US$), annual growth rate in Philippines, 1961 to 2025.
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

DecadeAverage LowestHighest 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

  1. 140 United Arab Emirates 5.68 % change on previous year compare
  2. 141 Greenland 5.53 % change on previous year compare
  3. 142 Barbados 5.51 % change on previous year compare
  4. 144 Papua New Guinea 5.5 % change on previous year compare
  5. 145 Saint Kitts and Nevis 5.45 % change on previous year compare
  6. 146 Singapore 5.41 % change on previous year compare

See the full ranking of 260 places →

More economy & growth data for Philippines

All data for Philippines →

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.

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GDP (current US$), annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-current-us-annual-growth-rate/philippines/

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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

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

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
260 places, 14,477 data points, 1961–2025
Last refreshed

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.