Gross domestic product (GDP) by world region in Philippines
Philippines: Gross domestic product (GDP) by world region was 1.01 trillion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
1.01 trillion international-$ in 2011 prices
Change on year
up 7.6%
World rank
26th
of 165 countries
All-time high
1.01 trillion international-$ in 2011 prices
in 2022
All-time low
2.03 billion international-$ in 2011 prices
in 1820
Years of data
118
1820–2022
Gross domestic product (GDP) by world region in Philippines, 1820–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
Philippines recorded 1.01 trillion international-$ in 2011 prices for gross domestic product (gdp) by world region in 2022. That is the highest value across all 118 years on record.
The figure is up 7.6% on the previous year and up 60.6% over ten years.
Over the whole period, gross domestic product (gdp) by world region in Philippines peaked at 1.01 trillion international-$ in 2011 prices in 2022 and was at its lowest, 2.03 billion international-$ in 2011 prices, in 1820.
Philippines ranks 26th of 165 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 2.03 billion international-$ in 2011 prices | 2.03 billion international-$ in 2011 prices | 2.03 billion international-$ in 2011 prices | 1 |
| 1870s | 5.04 billion international-$ in 2011 prices | 5.04 billion international-$ in 2011 prices | 5.04 billion international-$ in 2011 prices | 1 |
| 1900s | 9.56 billion international-$ in 2011 prices | 8.16 billion international-$ in 2011 prices | 10.74 billion international-$ in 2011 prices | 8 |
| 1910s | 15.77 billion international-$ in 2011 prices | 12.34 billion international-$ in 2011 prices | 21.16 billion international-$ in 2011 prices | 10 |
| 1920s | 24.97 billion international-$ in 2011 prices | 21.53 billion international-$ in 2011 prices | 29.03 billion international-$ in 2011 prices | 10 |
| 1930s | 32.42 billion international-$ in 2011 prices | 29.03 billion international-$ in 2011 prices | 39.13 billion international-$ in 2011 prices | 10 |
| 1940s | 30.24 billion international-$ in 2011 prices | 19.34 billion international-$ in 2011 prices | 39.84 billion international-$ in 2011 prices | 5 |
| 1950s | 51.26 billion international-$ in 2011 prices | 36.05 billion international-$ in 2011 prices | 66.25 billion international-$ in 2011 prices | 10 |
| 1960s | 85.09 billion international-$ in 2011 prices | 67.13 billion international-$ in 2011 prices | 104.61 billion international-$ in 2011 prices | 10 |
| 1970s | 143.36 billion international-$ in 2011 prices | 108.55 billion international-$ in 2011 prices | 183.44 billion international-$ in 2011 prices | 10 |
| 1980s | 199.75 billion international-$ in 2011 prices | 180.91 billion international-$ in 2011 prices | 221.23 billion international-$ in 2011 prices | 10 |
| 1990s | 262.84 billion international-$ in 2011 prices | 227.94 billion international-$ in 2011 prices | 310.80 billion international-$ in 2011 prices | 10 |
| 2000s | 420.02 billion international-$ in 2011 prices | 327.25 billion international-$ in 2011 prices | 521.16 billion international-$ in 2011 prices | 10 |
| 2010s | 754.88 billion international-$ in 2011 prices | 565.51 billion international-$ in 2011 prices | 986.12 billion international-$ in 2011 prices | 10 |
| 2020s | 950.07 billion international-$ in 2011 prices | 892.26 billion international-$ in 2011 prices | 1.01 trillion international-$ in 2011 prices | 3 |
Countries ranked near Philippines
- 23 Poland 1.23 trillion international-$ in 2011 prices compare
- 24 Nigeria 1.13 trillion international-$ in 2011 prices compare
- 25 Thailand 1.12 trillion international-$ in 2011 prices compare
- 27 Netherlands 879.61 billion international-$ in 2011 prices compare
- 28 Malaysia 877.58 billion international-$ in 2011 prices compare
- 29 Bangladesh 858.14 billion international-$ in 2011 prices compare
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) by world region in Philippines?
- Gross domestic product (gdp) by world region in Philippines was 1.01 trillion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) by world region recorded in Philippines?
- The highest recorded value was 1.01 trillion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) by world region recorded in Philippines?
- The lowest recorded value was 2.03 billion international-$ in 2011 prices in 1820.
- How does Philippines rank for gross domestic product (gdp) by world region?
- Philippines ranks 26th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) by world region rising or falling in Philippines?
- Over the last ten years it is up 60.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP) by world region. Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.