Gross domestic product (GDP) in Philippines
Philippines: Gross domestic product (GDP) was 1.26 trillion international-$ in 2021 prices in 2025. ▲ Rising
Latest (2025)
1.26 trillion international-$ in 2021 prices
Change on year
up 4.4%
World rank
30th
of 198 countries
All-time high
1.26 trillion international-$ in 2021 prices
in 2025
All-time low
281.89 billion international-$ in 2021 prices
in 1991
Years of data
36
1990–2025
Gross domestic product (GDP) in Philippines, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Philippines recorded 1.26 trillion international-$ in 2021 prices for gross domestic product (gdp) in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it 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 1.26 trillion international-$ in 2021 prices in 2025 and was at its lowest, 281.89 billion international-$ in 2021 prices, in 1991.
That places Philippines 30th out of 198 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Philippines, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 283.13 billion international-$ in 2021 prices | — |
| 1991 | 281.89 billion international-$ in 2021 prices | -0.4% |
| 1992 | 283.07 billion international-$ in 2021 prices | +0.4% |
| 1993 | 289.24 billion international-$ in 2021 prices | +2.2% |
| 1994 | 301.89 billion international-$ in 2021 prices | +4.4% |
| 1995 | 315.86 billion international-$ in 2021 prices | +4.6% |
| 1996 | 334.37 billion international-$ in 2021 prices | +5.9% |
| 1997 | 351.71 billion international-$ in 2021 prices | +5.2% |
| 1998 | 349.90 billion international-$ in 2021 prices | -0.5% |
| 1999 | 361.61 billion international-$ in 2021 prices | +3.3% |
| 2000 | 377.46 billion international-$ in 2021 prices | +4.4% |
| 2001 | 388.97 billion international-$ in 2021 prices | +3.0% |
| 2002 | 403.42 billion international-$ in 2021 prices | +3.7% |
| 2003 | 423.95 billion international-$ in 2021 prices | +5.1% |
| 2004 | 451.80 billion international-$ in 2021 prices | +6.6% |
| 2005 | 474.13 billion international-$ in 2021 prices | +4.9% |
| 2006 | 499.33 billion international-$ in 2021 prices | +5.3% |
| 2007 | 531.88 billion international-$ in 2021 prices | +6.5% |
| 2008 | 554.99 billion international-$ in 2021 prices | +4.3% |
| 2009 | 563.03 billion international-$ in 2021 prices | +1.4% |
| 2010 | 604.33 billion international-$ in 2021 prices | +7.3% |
| 2011 | 627.64 billion international-$ in 2021 prices | +3.9% |
| 2012 | 670.93 billion international-$ in 2021 prices | +6.9% |
| 2013 | 716.22 billion international-$ in 2021 prices | +6.8% |
| 2014 | 761.69 billion international-$ in 2021 prices | +6.3% |
| 2015 | 810.04 billion international-$ in 2021 prices | +6.3% |
| 2016 | 867.96 billion international-$ in 2021 prices | +7.1% |
| 2017 | 928.11 billion international-$ in 2021 prices | +6.9% |
| 2018 | 986.97 billion international-$ in 2021 prices | +6.3% |
| 2019 | 1.05 trillion international-$ in 2021 prices | +6.1% |
| 2020 | 947.67 billion international-$ in 2021 prices | -9.5% |
| 2021 | 1.00 trillion international-$ in 2021 prices | +5.7% |
| 2022 | 1.08 trillion international-$ in 2021 prices | +7.6% |
| 2023 | 1.14 trillion international-$ in 2021 prices | +5.5% |
| 2024 | 1.20 trillion international-$ in 2021 prices | +5.7% |
| 2025 | 1.26 trillion international-$ in 2021 prices | +4.4% |
Philippines compared with similar countries
- Philippines's 1.26 trillion international-$ in 2021 prices is above the median for upper middle income countries, which is 105.30 billion international-$ in 2021 prices, 11.9× the median. (57 countries reporting)
- Philippines's 1.26 trillion international-$ in 2021 prices is above the median for East Asia & Pacific, which is 69.86 billion international-$ in 2021 prices, 18.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 315.27 billion international-$ in 2021 prices | 281.89 billion international-$ in 2021 prices | 361.61 billion international-$ in 2021 prices | 10 |
| 2000s | 466.90 billion international-$ in 2021 prices | 377.46 billion international-$ in 2021 prices | 563.03 billion international-$ in 2021 prices | 10 |
| 2010s | 802.13 billion international-$ in 2021 prices | 604.33 billion international-$ in 2021 prices | 1.05 trillion international-$ in 2021 prices | 10 |
| 2020s | 1.10 trillion international-$ in 2021 prices | 947.67 billion international-$ in 2021 prices | 1.26 trillion international-$ in 2021 prices | 6 |
Countries ranked near Philippines
- 27 Netherlands 1.29 trillion international-$ in 2021 prices compare
- 28 Argentina 1.28 trillion international-$ in 2021 prices compare
- 29 Malaysia 1.28 trillion international-$ in 2021 prices compare
- 31 Colombia 1.00 trillion international-$ in 2021 prices compare
- 32 South Africa 880.05 billion international-$ in 2021 prices compare
- 33 Singapore 853.08 billion international-$ in 2021 prices 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Philippines?
- Gross domestic product (gdp) in Philippines was 1.26 trillion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 1.26 trillion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Philippines?
- The lowest recorded value was 281.89 billion international-$ in 2021 prices in 1991.
- How does Philippines rank for gross domestic product (gdp)?
- Philippines ranks 30th out of 198 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 rising.
- Where does this Philippines data come from?
- The figures come from Eurostat, OECD, IMF, and World Bank (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.
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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.