Gross domestic product (GDP), Current prices, Domestic currency in Philippines
Philippines: Gross domestic product (GDP), Current prices, Domestic currency was 18,613 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Philippines, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Philippines is 18,613, measured in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 131.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Philippines peaked at 18,613 in 2019 and was at its lowest, 14.93, in 1960.
That places Philippines 41st out of 194 countries with data for 2019, 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), Current prices, Domestic currency in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 14.93 | — |
| 1961 | 16.27 | +8.9% |
| 1962 | 18.19 | +11.8% |
| 1963 | 21.19 | +16.5% |
| 1964 | 22.91 | +8.1% |
| 1965 | 25.06 | +9.4% |
| 1966 | 27.56 | +10.0% |
| 1967 | 29.6 | +7.4% |
| 1968 | 33.06 | +11.7% |
| 1969 | 36.63 | +10.8% |
| 1970 | 43.77 | +19.5% |
| 1971 | 52.8 | +20.6% |
| 1972 | 59.29 | +12.3% |
| 1973 | 75.48 | +27.3% |
| 1974 | 103.64 | +37.3% |
| 1975 | 119.61 | +15.4% |
| 1976 | 140.95 | +17.8% |
| 1977 | 161.16 | +14.3% |
| 1978 | 185.31 | +15.0% |
| 1979 | 224.8 | +21.3% |
| 1980 | 270.06 | +20.1% |
| 1981 | 312 | +15.5% |
| 1982 | 351.42 | +12.6% |
| 1983 | 408.92 | +16.4% |
| 1984 | 581.1 | +42.1% |
| 1985 | 633.62 | +9.0% |
| 1986 | 674.62 | +6.5% |
| 1987 | 756.47 | +12.1% |
| 1988 | 885.46 | +17.1% |
| 1989 | 1,025 | +15.8% |
| 1990 | 1,194 | +16.4% |
| 1991 | 1,383 | +15.9% |
| 1992 | 1,497 | +8.3% |
| 1993 | 1,634 | +9.1% |
| 1994 | 1,876 | +14.8% |
| 1995 | 2,112 | +12.6% |
| 1996 | 2,406 | +14.0% |
| 1997 | 2,689 | +11.7% |
| 1998 | 2,953 | +9.8% |
| 1999 | 3,244 | +9.9% |
| 2000 | 3,581 | +10.4% |
| 2001 | 3,889 | +8.6% |
| 2002 | 4,198 | +8.0% |
| 2003 | 4,548 | +8.3% |
| 2004 | 5,120 | +12.6% |
| 2005 | 5,678 | +10.9% |
| 2006 | 6,271 | +10.5% |
| 2007 | 6,893 | +9.9% |
| 2008 | 7,721 | +12.0% |
| 2009 | 8,026 | +4.0% |
| 2010 | 9,003 | +12.2% |
| 2011 | 9,708 | +7.8% |
| 2012 | 10,561 | +8.8% |
| 2013 | 11,538 | +9.3% |
| 2014 | 12,634 | +9.5% |
| 2015 | 13,322 | +5.4% |
| 2016 | 14,480 | +8.7% |
| 2017 | 15,808 | +9.2% |
| 2018 | 17,426 | +10.2% |
| 2019 | 18,613 | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.54 | 14.93 | 36.63 | 10 |
| 1970s | 116.68 | 43.77 | 224.8 | 10 |
| 1980s | 589.9 | 270.06 | 1,025 | 10 |
| 1990s | 2,099 | 1,194 | 3,244 | 10 |
| 2000s | 5,593 | 3,581 | 8,026 | 10 |
| 2010s | 13,309 | 9,003 | 18,613 | 10 |
Countries ranked near Philippines
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)
- Exports of goods and services (current LCU), annual growth rate 9.25 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 15.27 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 63,678 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 8.24 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2865 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,195 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 1.83 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2274 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Philippines?
- Gross domestic product (gdp), current prices, domestic currency in Philippines was 18,613 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Philippines?
- The highest recorded value was 18,613 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Philippines?
- The lowest recorded value was 14.93 in 1960.
- How does Philippines rank for gross domestic product (gdp), current prices, domestic currency?
- Philippines ranks 41st out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Philippines?
- Over the last ten years it is up 131.9%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.