Gross domestic product (GDP) (National statistical) in Philippines
Philippines: Gross domestic product (GDP) was 474.84 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
474.84 billion constant 2015 US$
Change on year
up 4.4%
World rank
30th
of 209 countries
All-time high
474.84 billion constant 2015 US$
in 2025
All-time low
31.34 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Philippines, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Philippines is 474.84 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 4.4% on the previous year and up 55.0% over ten years.
Over the whole period, gross domestic product (gdp) in Philippines peaked at 474.84 billion constant 2015 US$ in 2025 and was at its lowest, 31.34 billion constant 2015 US$, in 1960.
That places Philippines 30th out of 209 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Philippines, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 31.34 billion constant 2015 US$ | — |
| 1961 | 33.13 billion constant 2015 US$ | +5.7% |
| 1962 | 34.74 billion constant 2015 US$ | +4.8% |
| 1963 | 37.17 billion constant 2015 US$ | +7.0% |
| 1964 | 38.44 billion constant 2015 US$ | +3.4% |
| 1965 | 40.49 billion constant 2015 US$ | +5.3% |
| 1966 | 42.29 billion constant 2015 US$ | +4.4% |
| 1967 | 44.50 billion constant 2015 US$ | +5.2% |
| 1968 | 46.74 billion constant 2015 US$ | +5.0% |
| 1969 | 48.93 billion constant 2015 US$ | +4.7% |
| 1970 | 50.74 billion constant 2015 US$ | +3.7% |
| 1971 | 53.47 billion constant 2015 US$ | +5.4% |
| 1972 | 56.38 billion constant 2015 US$ | +5.4% |
| 1973 | 61.33 billion constant 2015 US$ | +8.8% |
| 1974 | 63.41 billion constant 2015 US$ | +3.4% |
| 1975 | 66.87 billion constant 2015 US$ | +5.5% |
| 1976 | 72.74 billion constant 2015 US$ | +8.8% |
| 1977 | 76.78 billion constant 2015 US$ | +5.6% |
| 1978 | 80.77 billion constant 2015 US$ | +5.2% |
| 1979 | 85.29 billion constant 2015 US$ | +5.6% |
| 1980 | 89.72 billion constant 2015 US$ | +5.2% |
| 1981 | 92.80 billion constant 2015 US$ | +3.4% |
| 1982 | 96.23 billion constant 2015 US$ | +3.7% |
| 1983 | 98.05 billion constant 2015 US$ | +1.9% |
| 1984 | 91.15 billion constant 2015 US$ | -7.0% |
| 1985 | 84.90 billion constant 2015 US$ | -6.9% |
| 1986 | 87.88 billion constant 2015 US$ | +3.5% |
| 1987 | 91.71 billion constant 2015 US$ | +4.4% |
| 1988 | 97.85 billion constant 2015 US$ | +6.7% |
| 1989 | 103.91 billion constant 2015 US$ | +6.2% |
| 1990 | 107.11 billion constant 2015 US$ | +3.1% |
| 1991 | 106.64 billion constant 2015 US$ | -0.4% |
| 1992 | 107.09 billion constant 2015 US$ | +0.4% |
| 1993 | 109.42 billion constant 2015 US$ | +2.2% |
| 1994 | 114.21 billion constant 2015 US$ | +4.4% |
| 1995 | 119.49 billion constant 2015 US$ | +4.6% |
| 1996 | 126.49 billion constant 2015 US$ | +5.9% |
| 1997 | 133.06 billion constant 2015 US$ | +5.2% |
| 1998 | 132.37 billion constant 2015 US$ | -0.5% |
| 1999 | 136.80 billion constant 2015 US$ | +3.3% |
| 2000 | 142.80 billion constant 2015 US$ | +4.4% |
| 2001 | 147.15 billion constant 2015 US$ | +3.0% |
| 2002 | 152.62 billion constant 2015 US$ | +3.7% |
| 2003 | 160.38 billion constant 2015 US$ | +5.1% |
| 2004 | 170.92 billion constant 2015 US$ | +6.6% |
| 2005 | 179.37 billion constant 2015 US$ | +4.9% |
| 2006 | 188.90 billion constant 2015 US$ | +5.3% |
| 2007 | 201.22 billion constant 2015 US$ | +6.5% |
| 2008 | 209.96 billion constant 2015 US$ | +4.3% |
| 2009 | 213.00 billion constant 2015 US$ | +1.4% |
| 2010 | 228.62 billion constant 2015 US$ | +7.3% |
| 2011 | 237.44 billion constant 2015 US$ | +3.9% |
| 2012 | 253.82 billion constant 2015 US$ | +6.9% |
| 2013 | 270.95 billion constant 2015 US$ | +6.8% |
| 2014 | 288.15 billion constant 2015 US$ | +6.3% |
| 2015 | 306.45 billion constant 2015 US$ | +6.3% |
| 2016 | 328.36 billion constant 2015 US$ | +7.1% |
| 2017 | 351.11 billion constant 2015 US$ | +6.9% |
| 2018 | 373.38 billion constant 2015 US$ | +6.3% |
| 2019 | 396.22 billion constant 2015 US$ | +6.1% |
| 2020 | 358.51 billion constant 2015 US$ | -9.5% |
| 2021 | 379.00 billion constant 2015 US$ | +5.7% |
| 2022 | 407.73 billion constant 2015 US$ | +7.6% |
| 2023 | 430.23 billion constant 2015 US$ | +5.5% |
| 2024 | 454.82 billion constant 2015 US$ | +5.7% |
| 2025 | 474.84 billion constant 2015 US$ | +4.4% |
Philippines compared with similar countries
- Philippines's 474.84 billion constant 2015 US$ is above the median for upper middle income countries, which is 51.02 billion constant 2015 US$, 9.3× the median. (58 countries reporting)
- Philippines's 474.84 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 17.42 billion constant 2015 US$, 27.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 39.78 billion constant 2015 US$ | 31.34 billion constant 2015 US$ | 48.93 billion constant 2015 US$ | 10 |
| 1970s | 66.78 billion constant 2015 US$ | 50.74 billion constant 2015 US$ | 85.29 billion constant 2015 US$ | 10 |
| 1980s | 93.42 billion constant 2015 US$ | 84.90 billion constant 2015 US$ | 103.91 billion constant 2015 US$ | 10 |
| 1990s | 119.27 billion constant 2015 US$ | 106.64 billion constant 2015 US$ | 136.80 billion constant 2015 US$ | 10 |
| 2000s | 176.63 billion constant 2015 US$ | 142.80 billion constant 2015 US$ | 213.00 billion constant 2015 US$ | 10 |
| 2010s | 303.45 billion constant 2015 US$ | 228.62 billion constant 2015 US$ | 396.22 billion constant 2015 US$ | 10 |
| 2020s | 417.52 billion constant 2015 US$ | 358.51 billion constant 2015 US$ | 474.84 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
- 27 Iran 519.15 billion constant 2015 US$ compare
- 28 Egypt 503.37 billion constant 2015 US$ compare
- 29 Thailand 485.78 billion constant 2015 US$ compare
- 31 Norway 470.26 billion constant 2015 US$ compare
- 32 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 33 Malaysia 444.41 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Philippines?
- Gross domestic product (gdp) in Philippines was 474.84 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Philippines?
- The highest recorded value was 474.84 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Philippines?
- The lowest recorded value was 31.34 billion constant 2015 US$ in 1960.
- How does Philippines rank for gross domestic product (gdp)?
- Philippines ranks 30th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Philippines?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.