Gross Domestic Product — Value Standard Local Currency, per capita in Philippines

Philippines: Gross Domestic Product — Value Standard Local Currency, per capita was 0.2283 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.2283 million SLC per person
Change on year
up 7.9%
World rank
80th
of 192 countries
All-time high
0.2283 million SLC per person
in 2024
All-time low
0.0012 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value Standard Local Currency, per capita in Philippines, 1970–2024

00.050.10.150.20.25197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

The most recent figure for gross domestic product — value standard local currency, per capita in Philippines is 0.2283 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 7.9% on the previous year and up 79.4% over ten years.

Over the whole period, gross domestic product — value standard local currency, per capita in Philippines peaked at 0.2283 million SLC per person in 2024 and was at its lowest, 0.0012 million SLC per person, in 1970.

That places Philippines 80th out of 192 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, per capita in Philippines, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, per capita in Philippines, 1970 to 2024.
Year million SLC per person Change
1970 0.0012 million SLC per person
1971 0.0014 million SLC per person +17.9%
1972 0.0015 million SLC per person +9.8%
1973 0.0019 million SLC per person +24.6%
1974 0.0026 million SLC per person +34.5%
1975 0.0029 million SLC per person +12.9%
1976 0.0033 million SLC per person +14.9%
1977 0.0037 million SLC per person +11.4%
1978 0.0042 million SLC per person +12.0%
1979 0.0049 million SLC per person +18.2%
1980 0.0058 million SLC per person +17.1%
1981 0.0065 million SLC per person +12.6%
1982 0.0071 million SLC per person +9.6%
1983 0.008 million SLC per person +13.1%
1984 0.0111 million SLC per person +38.1%
1985 0.0118 million SLC per person +6.1%
1986 0.0122 million SLC per person +3.8%
1987 0.0134 million SLC per person +9.3%
1988 0.0152 million SLC per person +14.0%
1989 0.0172 million SLC per person +13.0%
1990 0.0195 million SLC per person +13.5%
1991 0.0221 million SLC per person +13.1%
1992 0.0234 million SLC per person +5.8%
1993 0.0249 million SLC per person +6.5%
1994 0.028 million SLC per person +12.4%
1995 0.0309 million SLC per person +10.2%
1996 0.0344 million SLC per person +11.4%
1997 0.0375 million SLC per person +9.2%
1998 0.0402 million SLC per person +7.1%
1999 0.0431 million SLC per person +7.1%
2000 0.0464 million SLC per person +7.9%
2001 0.0494 million SLC per person +6.5%
2002 0.0524 million SLC per person +5.9%
2003 0.0557 million SLC per person +6.3%
2004 0.0616 million SLC per person +10.7%
2005 0.0672 million SLC per person +9.1%
2006 0.0732 million SLC per person +8.9%
2007 0.079 million SLC per person +8.0%
2008 0.0868 million SLC per person +9.9%
2009 0.0889 million SLC per person +2.4%
2010 0.0976 million SLC per person +9.8%
2011 0.1033 million SLC per person +5.8%
2012 0.1104 million SLC per person +6.9%
2013 0.1181 million SLC per person +6.9%
2014 0.1273 million SLC per person +7.8%
2015 0.1324 million SLC per person +4.0%
2016 0.1418 million SLC per person +7.1%
2017 0.1531 million SLC per person +8.0%
2018 0.1669 million SLC per person +9.0%
2019 0.1761 million SLC per person +5.6%
2020 0.1602 million SLC per person -9.1%
2021 0.1716 million SLC per person +7.2%
2022 0.1933 million SLC per person +12.6%
2023 0.2117 million SLC per person +9.5%
2024 0.2283 million SLC per person +7.9%

Philippines compared with similar countries

  • Philippines's 0.2283 million SLC per person is above the median for upper middle income countries, which is 0.1236 million SLC per person, 1.8× the median. (54 countries reporting)
  • Philippines's 0.2283 million SLC per person is above the median for East Asia & Pacific, which is 0.1023 million SLC per person, 2.2× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, per capita in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1984 +38.1% 0.008 million SLC per person 0.0111 million SLC per person
1974 +34.5% 0.0019 million SLC per person 0.0026 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0028 million SLC per person 0.0012 million SLC per person 0.0049 million SLC per person 10
1980s 0.0108 million SLC per person 0.0058 million SLC per person 0.0172 million SLC per person 10
1990s 0.0304 million SLC per person 0.0195 million SLC per person 0.0431 million SLC per person 10
2000s 0.0661 million SLC per person 0.0464 million SLC per person 0.0889 million SLC per person 10
2010s 0.1327 million SLC per person 0.0976 million SLC per person 0.1761 million SLC per person 10
2020s 0.193 million SLC per person 0.1602 million SLC per person 0.2283 million SLC per person 5

Countries ranked near Philippines

  1. 77 Thailand 0.2588 million SLC per person compare
  2. 78 Monaco 0.2574 million SLC per person compare
  3. 79 Seychelles 0.254 million SLC per person compare
  4. 81 India 0.2237 million SLC per person compare
  5. 82 Maldives 0.2034 million SLC per person compare
  6. 83 Israel 0.2004 million SLC per person compare

See the full ranking of 192 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gross domestic product — value standard local currency, per capita in Philippines?
Gross domestic product — value standard local currency, per capita in Philippines was 0.2283 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, per capita recorded in Philippines?
The highest recorded value was 0.2283 million SLC per person in 2024.
What is the lowest gross domestic product — value standard local currency, per capita recorded in Philippines?
The lowest recorded value was 0.0012 million SLC per person in 1970.
How does Philippines rank for gross domestic product — value standard local currency, per capita?
Philippines ranks 80th out of 192 countries with data for 2024.
Is gross domestic product — value standard local currency, per capita rising or falling in Philippines?
Over the last ten years it is up 79.4%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, per capita in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-per-capita/philippines/

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How this figure is calculated

Gross Domestic Product — Value Standard Local Currency 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 ÷ Population, total

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 9,859 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.