GDP: linked series (current LCU), annual growth rate in Philippines
Philippines: GDP: linked series (current LCU), annual growth rate was 5.9 % change on previous year in 2025. ▼ Falling
GDP: linked series (current LCU), annual growth rate in Philippines, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp: linked series (current lcu), annual growth rate in Philippines is 5.9 % change on previous year, measured in 2025.
Compared with earlier readings it is down 32.8% on the previous year and up 5.7% over ten years.
Over the whole period, gdp: linked series (current lcu), annual growth rate in Philippines peaked at 15.89 % change on previous year in 1991 and was at its lowest, -8.02 % change on previous year, in 2020.
Philippines ranks 125th of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
GDP: linked series (current LCU), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 15.89 % change on previous year | — |
| 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 | -15.2% |
| 1996 | 14 % change on previous year | +10.9% |
| 1997 | 11.77 % change on previous year | -15.9% |
| 1998 | 9.89 % change on previous year | -16.0% |
| 1999 | 9.89 % change on previous year | +0.0% |
| 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: linked series (current LCU), annual growth rate 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 |
| 2021 | +201.3% | -8.02 % change on previous year | 8.13 % change on previous year |
| 2010 | +184.6% | 4.23 % change on previous year | 12.03 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.82 % change on previous year | 8.33 % change on previous year | 15.89 % change on previous year | 9 |
| 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
- 122 Czechia 6.18 % change on previous year compare
- 123 Cameroon 6.12 % change on previous year compare
- 124 Russia 5.9 % change on previous year compare
- 126 Portugal 5.86 % change on previous year compare
- 127 Tonga 5.84 % change on previous year compare
- 128 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)
- 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: linked series (current lcu), annual growth rate in Philippines?
- Gdp: linked series (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: linked series (current lcu), annual growth rate recorded in Philippines?
- The highest recorded value was 15.89 % change on previous year in 1991.
- What is the lowest gdp: linked series (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: linked series (current lcu), annual growth rate?
- Philippines ranks 125th out of 214 countries with data for 2025.
- Is gdp: linked series (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 falling.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of GDP: linked series (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP: linked series Staff estimates, World Bank (WB)
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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.