Gross Domestic Product — Value Standard Local Currency, 2015 prices in Philippines
Philippines: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.1787 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Philippines, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Philippines is 0.1787 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.8% on the previous year and up 41.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Philippines peaked at 0.1787 million SLC per person in 2024 and was at its lowest, 0.0614 million SLC per person, in 1970.
Philippines ranks 72nd of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Philippines, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0614 million SLC per person | — |
| 1971 | 0.0632 million SLC per person | +2.9% |
| 1972 | 0.0651 million SLC per person | +3.0% |
| 1973 | 0.0693 million SLC per person | +6.4% |
| 1974 | 0.0701 million SLC per person | +1.2% |
| 1975 | 0.0722 million SLC per person | +3.1% |
| 1976 | 0.0766 million SLC per person | +6.1% |
| 1977 | 0.0787 million SLC per person | +2.8% |
| 1978 | 0.0806 million SLC per person | +2.4% |
| 1979 | 0.0829 million SLC per person | +2.8% |
| 1980 | 0.085 million SLC per person | +2.5% |
| 1981 | 0.0856 million SLC per person | +0.8% |
| 1982 | 0.0864 million SLC per person | +0.9% |
| 1983 | 0.0855 million SLC per person | -1.0% |
| 1984 | 0.0772 million SLC per person | -9.7% |
| 1985 | 0.07 million SLC per person | -9.4% |
| 1986 | 0.0706 million SLC per person | +0.9% |
| 1987 | 0.0718 million SLC per person | +1.6% |
| 1988 | 0.0745 million SLC per person | +3.9% |
| 1989 | 0.0772 million SLC per person | +3.5% |
| 1990 | 0.0775 million SLC per person | +0.5% |
| 1991 | 0.0754 million SLC per person | -2.8% |
| 1992 | 0.0739 million SLC per person | -1.9% |
| 1993 | 0.0737 million SLC per person | -0.2% |
| 1994 | 0.0753 million SLC per person | +2.1% |
| 1995 | 0.0771 million SLC per person | +2.4% |
| 1996 | 0.0797 million SLC per person | +3.4% |
| 1997 | 0.0819 million SLC per person | +2.7% |
| 1998 | 0.0795 million SLC per person | -3.0% |
| 1999 | 0.0801 million SLC per person | +0.7% |
| 2000 | 0.0816 million SLC per person | +1.9% |
| 2001 | 0.0823 million SLC per person | +0.8% |
| 2002 | 0.0836 million SLC per person | +1.6% |
| 2003 | 0.0861 million SLC per person | +3.0% |
| 2004 | 0.09 million SLC per person | +4.5% |
| 2005 | 0.0927 million SLC per person | +3.0% |
| 2006 | 0.096 million SLC per person | +3.6% |
| 2007 | 0.1005 million SLC per person | +4.7% |
| 2008 | 0.1031 million SLC per person | +2.5% |
| 2009 | 0.1027 million SLC per person | -0.4% |
| 2010 | 0.108 million SLC per person | +5.2% |
| 2011 | 0.11 million SLC per person | +1.8% |
| 2012 | 0.1153 million SLC per person | +4.8% |
| 2013 | 0.1208 million SLC per person | +4.8% |
| 2014 | 0.1264 million SLC per person | +4.6% |
| 2015 | 0.1324 million SLC per person | +4.8% |
| 2016 | 0.14 million SLC per person | +5.7% |
| 2017 | 0.1478 million SLC per person | +5.6% |
| 2018 | 0.1552 million SLC per person | +5.0% |
| 2019 | 0.1627 million SLC per person | +4.8% |
| 2020 | 0.1455 million SLC per person | -10.5% |
| 2021 | 0.1525 million SLC per person | +4.8% |
| 2022 | 0.1628 million SLC per person | +6.8% |
| 2023 | 0.1704 million SLC per person | +4.7% |
| 2024 | 0.1787 million SLC per person | +4.8% |
Philippines compared with similar countries
- Philippines's 0.1787 million SLC per person is above the median for upper middle income countries, which is 0.0458 million SLC per person, 3.9× the median. (54 countries reporting)
- Philippines's 0.1787 million SLC per person is above the median for East Asia & Pacific, which is 0.0672 million SLC per person, 2.7× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.072 million SLC per person | 0.0614 million SLC per person | 0.0829 million SLC per person | 10 |
| 1980s | 0.0784 million SLC per person | 0.07 million SLC per person | 0.0864 million SLC per person | 10 |
| 1990s | 0.0774 million SLC per person | 0.0737 million SLC per person | 0.0819 million SLC per person | 10 |
| 2000s | 0.0919 million SLC per person | 0.0816 million SLC per person | 0.1031 million SLC per person | 10 |
| 2010s | 0.1318 million SLC per person | 0.108 million SLC per person | 0.1627 million SLC per person | 10 |
| 2020s | 0.162 million SLC per person | 0.1455 million SLC per person | 0.1787 million SLC per person | 5 |
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)
- 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 — value standard local currency, 2015 prices in Philippines?
- Gross domestic product — value standard local currency, 2015 prices in Philippines was 0.1787 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Philippines?
- The highest recorded value was 0.1787 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Philippines?
- The lowest recorded value was 0.0614 million SLC per person in 1970.
- How does Philippines rank for gross domestic product — value standard local currency, 2015 prices?
- Philippines ranks 72nd out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Philippines?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.