Gdp penn world table in Philippines

Philippines: Gdp penn world table was 1.16 trillion in 2023. ◆ Volatile

Latest (2023)
1.16 trillion
Change on year
up 5.4%
World rank
29th
of 184 countries
All-time high
1.16 trillion
in 2023
All-time low
32.68 billion
in 1950
Years of data
74
1950–2023

Gdp penn world table in Philippines, 1950–2023

0250.0B500.0B750.0B1.0T1.2T195019862023

Source: Our World in Data.

Analysis

The most recent figure for gdp penn world table in Philippines is 1.16 trillion, measured in 2023. That is the highest value across all 74 years on record.

The figure is up 5.4% on the previous year and up 53.4% over ten years.

Over the whole period, gdp penn world table in Philippines peaked at 1.16 trillion in 2023 and was at its lowest, 32.68 billion, in 1950.

Philippines ranks 29th of 184 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 penn world table in Philippines, year by year

Annual values for Gdp penn world table in Philippines, 1950 to 2023.
Year Value Change
1950 32.68 billion —
1951 33.53 billion +2.6%
1952 36.77 billion +9.7%
1953 41.08 billion +11.7%
1954 44.04 billion +7.2%
1955 47.69 billion +8.3%
1956 49.59 billion +4.0%
1957 52.85 billion +6.6%
1958 54.83 billion +3.8%
1959 60.63 billion +10.6%
1960 60.69 billion +0.1%
1961 63.91 billion +5.3%
1962 69.17 billion +8.2%
1963 73.25 billion +5.9%
1964 74.58 billion +1.8%
1965 77.82 billion +4.3%
1966 80.82 billion +3.9%
1967 82.08 billion +1.6%
1968 87.83 billion +7.0%
1969 93.13 billion +6.0%
1970 99.00 billion +6.3%
1971 105.39 billion +6.5%
1972 111.03 billion +5.3%
1973 121.19 billion +9.1%
1974 129.45 billion +6.8%
1975 140.69 billion +8.7%
1976 151.33 billion +7.6%
1977 156.48 billion +3.4%
1978 165.92 billion +6.0%
1979 170.68 billion +2.9%
1980 186.78 billion +9.4%
1981 194.60 billion +4.2%
1982 202.07 billion +3.8%
1983 206.98 billion +2.4%
1984 194.24 billion -6.2%
1985 182.21 billion -6.2%
1986 192.60 billion +5.7%
1987 214.19 billion +11.2%
1988 235.02 billion +9.7%
1989 256.10 billion +9.0%
1990 280.43 billion +9.5%
1991 285.95 billion +2.0%
1992 300.21 billion +5.0%
1993 319.57 billion +6.4%
1994 351.75 billion +10.1%
1995 388.88 billion +10.6%
1996 421.12 billion +8.3%
1997 419.74 billion -0.3%
1998 407.98 billion -2.8%
1999 401.07 billion -1.7%
2000 407.11 billion +1.5%
2001 409.21 billion +0.5%
2002 408.71 billion -0.1%
2003 415.50 billion +1.7%
2004 427.19 billion +2.8%
2005 442.20 billion +3.5%
2006 466.85 billion +5.6%
2007 505.88 billion +8.4%
2008 542.45 billion +7.2%
2009 565.16 billion +4.2%
2010 632.19 billion +11.9%
2011 676.97 billion +7.1%
2012 732.11 billion +8.1%
2013 757.32 billion +3.4%
2014 795.45 billion +5.0%
2015 828.87 billion +4.2%
2016 891.89 billion +7.6%
2017 938.36 billion +5.2%
2018 994.60 billion +6.0%
2019 1.07 trillion +7.6%
2020 958.32 billion -10.4%
2021 1.02 trillion +6.5%
2022 1.10 trillion +8.0%
2023 1.16 trillion +5.4%

Philippines compared with similar countries

  • Philippines's 1.16 trillion is above the median for upper middle income countries, which is 148.60 billion, 7.8× the median. (51 countries reporting)
  • Philippines's 1.16 trillion is above the median for East Asia & Pacific, which is 596.79 billion, 1.9× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 45.37 billion 32.68 billion 60.63 billion 10
1960s 76.33 billion 60.69 billion 93.13 billion 10
1970s 135.12 billion 99.00 billion 170.68 billion 10
1980s 206.48 billion 182.21 billion 256.10 billion 10
1990s 357.67 billion 280.43 billion 421.12 billion 10
2000s 459.03 billion 407.11 billion 565.16 billion 10
2010s 831.78 billion 632.19 billion 1.07 trillion 10
2020s 1.06 trillion 958.32 billion 1.16 trillion 4

Countries ranked near Philippines

  1. 26 Vietnam 1.31 trillion compare
  2. 27 Netherlands 1.26 trillion compare
  3. 28 Argentina 1.24 trillion compare
  4. 30 Nigeria 1.07 trillion compare
  5. 31 Malaysia 1.07 trillion compare
  6. 32 Colombia 915.37 billion compare

See the full ranking of 184 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gdp penn world table in Philippines?
Gdp penn world table in Philippines was 1.16 trillion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Philippines?
The highest recorded value was 1.16 trillion in 2023.
What is the lowest gdp penn world table recorded in Philippines?
The lowest recorded value was 32.68 billion in 1950.
How does Philippines rank for gdp penn world table?
Philippines ranks 29th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Philippines?
Over the last ten years it is up 53.4%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Philippines. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/philippines/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed