Global Revenue Statistics … Gross domestic product, current prices in Philippines
Philippines: Global Revenue Statistics … Gross domestic product, current prices was 437,146 US dollar in 2023. ◆ Volatile
Global Revenue Statistics - Reference series — Gross domestic in Philippines, 1990–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
The most recent figure for global revenue statistics - reference series — gross domestic in Philippines is 437,146 US dollar, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 8.1% on the previous year and up 54.0% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Philippines peaked at 437,146 US dollar in 2023 and was at its lowest, 50,508 US dollar, in 1990.
Philippines ranks 29th of 133 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Global Revenue Statistics … Gross domestic product, current prices in Philippines, year by year
| Year | US dollar | Change |
|---|---|---|
| 1990 | 50,508 US dollar | — |
| 1991 | 51,784 US dollar | +2.5% |
| 1992 | 60,422 US dollar | +16.7% |
| 1993 | 62,037 US dollar | +2.7% |
| 1994 | 73,159 US dollar | +17.9% |
| 1995 | 84,644 US dollar | +15.7% |
| 1996 | 94,650 US dollar | +11.8% |
| 1997 | 94,106 US dollar | -0.6% |
| 1998 | 74,492 US dollar | -20.8% |
| 1999 | 85,640 US dollar | +15.0% |
| 2000 | 83,667 US dollar | -2.3% |
| 2001 | 78,921 US dollar | -5.7% |
| 2002 | 84,307 US dollar | +6.8% |
| 2003 | 87,039 US dollar | +3.2% |
| 2004 | 95,002 US dollar | +9.1% |
| 2005 | 107,420 US dollar | +13.1% |
| 2006 | 127,653 US dollar | +18.8% |
| 2007 | 155,980 US dollar | +22.2% |
| 2008 | 181,007 US dollar | +16.0% |
| 2009 | 176,132 US dollar | -2.7% |
| 2010 | 208,369 US dollar | +18.3% |
| 2011 | 234,217 US dollar | +12.4% |
| 2012 | 261,920 US dollar | +11.8% |
| 2013 | 283,903 US dollar | +8.4% |
| 2014 | 297,484 US dollar | +4.8% |
| 2015 | 306,446 US dollar | +3.0% |
| 2016 | 318,627 US dollar | +4.0% |
| 2017 | 328,481 US dollar | +3.1% |
| 2018 | 346,842 US dollar | +5.6% |
| 2019 | 376,823 US dollar | +8.6% |
| 2020 | 361,751 US dollar | -4.0% |
| 2021 | 394,087 US dollar | +8.9% |
| 2022 | 404,353 US dollar | +2.6% |
| 2023 | 437,146 US dollar | +8.1% |
Philippines compared with similar countries
- Philippines's 437,146 US dollar is above the median for upper middle income countries, which is 33,071 US dollar, 13.2× the median. (38 countries reporting)
- Philippines's 437,146 US dollar is above the median for East Asia & Pacific, which is 43,304 US dollar, 10.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73,144 US dollar | 50,508 US dollar | 94,650 US dollar | 10 |
| 2000s | 117,713 US dollar | 78,921 US dollar | 181,007 US dollar | 10 |
| 2010s | 296,311 US dollar | 208,369 US dollar | 376,823 US dollar | 10 |
| 2020s | 399,334 US dollar | 361,751 US dollar | 437,146 US dollar | 4 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
Frequently asked questions
- What is global revenue statistics - reference series — gross domestic in Philippines?
- Global revenue statistics - reference series — gross domestic in Philippines was 437,146 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Philippines?
- The highest recorded value was 437,146 US dollar in 2023.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Philippines?
- The lowest recorded value was 50,508 US dollar in 1990.
- How does Philippines rank for global revenue statistics - reference series — gross domestic?
- Philippines ranks 29th out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Philippines?
- Over the last ten years it is up 54.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
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About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.