GDP in Philippines
Philippines: GDP was 487.09 billion current US$ in 2025. ◆ Volatile
Latest (2025)
487.09 billion current US$
Change on year
up 5.5%
World rank
33rd
of 214 countries
All-time high
487.09 billion current US$
in 2025
All-time low
4.95 billion current US$
in 1962
Years of data
66
1960–2025
GDP in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Philippines recorded 487.09 billion current US$ for gdp in 2025. That is the highest value across all 66 years on record.
That represents a change of up 5.5% on the previous year and up 58.9% over ten years.
Over the whole period, gdp in Philippines peaked at 487.09 billion current US$ in 2025 and was at its lowest, 4.95 billion current US$, in 1962.
Philippines ranks 33rd of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 7.52 billion current US$ | — |
| 1961 | 8.17 billion current US$ | +8.7% |
| 1962 | 4.95 billion current US$ | -39.4% |
| 1963 | 5.51 billion current US$ | +11.1% |
| 1964 | 5.95 billion current US$ | +8.2% |
| 1965 | 6.52 billion current US$ | +9.5% |
| 1966 | 7.19 billion current US$ | +10.3% |
| 1967 | 7.72 billion current US$ | +7.5% |
| 1968 | 8.63 billion current US$ | +11.8% |
| 1969 | 9.57 billion current US$ | +10.9% |
| 1970 | 7.56 billion current US$ | -21.0% |
| 1971 | 8.38 billion current US$ | +10.8% |
| 1972 | 9.07 billion current US$ | +8.3% |
| 1973 | 11.41 billion current US$ | +25.9% |
| 1974 | 15.61 billion current US$ | +36.8% |
| 1975 | 16.88 billion current US$ | +8.1% |
| 1976 | 19.38 billion current US$ | +14.8% |
| 1977 | 22.28 billion current US$ | +15.0% |
| 1978 | 25.76 billion current US$ | +15.6% |
| 1979 | 31.22 billion current US$ | +21.2% |
| 1980 | 36.85 billion current US$ | +18.0% |
| 1981 | 40.50 billion current US$ | +9.9% |
| 1982 | 42.21 billion current US$ | +4.2% |
| 1983 | 37.76 billion current US$ | -10.5% |
| 1984 | 35.73 billion current US$ | -5.4% |
| 1985 | 34.96 billion current US$ | -2.2% |
| 1986 | 33.99 billion current US$ | -2.8% |
| 1987 | 37.79 billion current US$ | +11.2% |
| 1988 | 43.15 billion current US$ | +14.2% |
| 1989 | 48.51 billion current US$ | +12.4% |
| 1990 | 50.51 billion current US$ | +4.1% |
| 1991 | 51.78 billion current US$ | +2.5% |
| 1992 | 60.42 billion current US$ | +16.7% |
| 1993 | 62.04 billion current US$ | +2.7% |
| 1994 | 73.16 billion current US$ | +17.9% |
| 1995 | 84.64 billion current US$ | +15.7% |
| 1996 | 94.65 billion current US$ | +11.8% |
| 1997 | 94.11 billion current US$ | -0.6% |
| 1998 | 74.49 billion current US$ | -20.8% |
| 1999 | 85.64 billion current US$ | +15.0% |
| 2000 | 83.67 billion current US$ | -2.3% |
| 2001 | 78.92 billion current US$ | -5.7% |
| 2002 | 84.31 billion current US$ | +6.8% |
| 2003 | 87.04 billion current US$ | +3.2% |
| 2004 | 95.00 billion current US$ | +9.1% |
| 2005 | 107.42 billion current US$ | +13.1% |
| 2006 | 127.65 billion current US$ | +18.8% |
| 2007 | 155.98 billion current US$ | +22.2% |
| 2008 | 181.62 billion current US$ | +16.4% |
| 2009 | 175.97 billion current US$ | -3.1% |
| 2010 | 208.37 billion current US$ | +18.4% |
| 2011 | 234.22 billion current US$ | +12.4% |
| 2012 | 261.92 billion current US$ | +11.8% |
| 2013 | 283.90 billion current US$ | +8.4% |
| 2014 | 297.48 billion current US$ | +4.8% |
| 2015 | 306.45 billion current US$ | +3.0% |
| 2016 | 318.63 billion current US$ | +4.0% |
| 2017 | 328.48 billion current US$ | +3.1% |
| 2018 | 346.84 billion current US$ | +5.6% |
| 2019 | 376.82 billion current US$ | +8.6% |
| 2020 | 361.75 billion current US$ | -4.0% |
| 2021 | 394.09 billion current US$ | +8.9% |
| 2022 | 404.35 billion current US$ | +2.6% |
| 2023 | 437.06 billion current US$ | +8.1% |
| 2024 | 461.67 billion current US$ | +5.6% |
| 2025 | 487.09 billion current US$ | +5.5% |
Philippines compared with similar countries
- Philippines's 487.09 billion current US$ is above the median for upper middle income countries, which is 48.10 billion current US$, 10.1× the median. (59 countries reporting)
- Philippines's 487.09 billion current US$ is above the median for East Asia & Pacific, which is 16.67 billion current US$, 29.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.17 billion current US$ | 4.95 billion current US$ | 9.57 billion current US$ | 10 |
| 1970s | 16.75 billion current US$ | 7.56 billion current US$ | 31.22 billion current US$ | 10 |
| 1980s | 39.14 billion current US$ | 33.99 billion current US$ | 48.51 billion current US$ | 10 |
| 1990s | 73.14 billion current US$ | 50.51 billion current US$ | 94.65 billion current US$ | 10 |
| 2000s | 117.76 billion current US$ | 78.92 billion current US$ | 181.62 billion current US$ | 10 |
| 2010s | 296.31 billion current US$ | 208.37 billion current US$ | 376.82 billion current US$ | 10 |
| 2020s | 424.33 billion current US$ | 361.75 billion current US$ | 487.09 billion current US$ | 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gdp in Philippines?
- Gdp in Philippines was 487.09 billion current US$ 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 487.09 billion current US$ in 2025.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 4.95 billion current US$ in 1962.
- How does Philippines rank for gdp?
- Philippines ranks 33rd out of 214 countries with data for 2025.
- Is gdp rising or falling in Philippines?
- Over the last ten years it is up 58.9%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 indicator is expressed in United States dollars.