Gross value added at basic prices (GVA) (constant LCU), annual growth in Philippines
Philippines: Gross value added at basic prices (GVA) (constant LCU), annual growth was 4.4 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.4 % change on previous year
Change on year
down 23.0%
World rank
66th
of 195 countries
All-time high
8.78 % change on previous year
in 1973
All-time low
-9.52 % change on previous year
in 2020
Years of data
65
1961–2025
Gross value added at basic prices (GVA) (constant LCU), annual growth in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (constant lcu), annual growth in Philippines stood at 4.4 % change on previous year.
That represents a change of down 23.0% on the previous year and down 30.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Philippines peaked at 8.78 % change on previous year in 1973 and was at its lowest, -9.52 % change on previous year, in 2020.
Philippines ranks 66th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.7 % change on previous year | — |
| 1962 | 4.85 % change on previous year | -14.9% |
| 1963 | 7.02 % change on previous year | +44.8% |
| 1964 | 3.4 % change on previous year | -51.5% |
| 1965 | 5.34 % change on previous year | +57.1% |
| 1966 | 4.44 % change on previous year | -16.9% |
| 1967 | 5.22 % change on previous year | +17.6% |
| 1968 | 5.04 % change on previous year | -3.5% |
| 1969 | 4.69 % change on previous year | -6.9% |
| 1970 | 3.69 % change on previous year | -21.3% |
| 1971 | 5.39 % change on previous year | +45.9% |
| 1972 | 5.43 % change on previous year | +0.8% |
| 1973 | 8.78 % change on previous year | +61.7% |
| 1974 | 3.39 % change on previous year | -61.3% |
| 1975 | 5.45 % change on previous year | +60.6% |
| 1976 | 8.78 % change on previous year | +61.0% |
| 1977 | 5.56 % change on previous year | -36.6% |
| 1978 | 5.19 % change on previous year | -6.7% |
| 1979 | 5.6 % change on previous year | +7.8% |
| 1980 | 5.2 % change on previous year | -7.1% |
| 1981 | 3.42 % change on previous year | -34.2% |
| 1982 | 3.7 % change on previous year | +8.1% |
| 1983 | 1.9 % change on previous year | -48.7% |
| 1984 | -7.04 % change on previous year | -471.1% |
| 1985 | -6.86 % change on previous year | -2.6% |
| 1986 | 3.51 % change on previous year | -151.2% |
| 1987 | 4.36 % change on previous year | +24.2% |
| 1988 | 6.7 % change on previous year | +53.5% |
| 1989 | 6.18 % change on previous year | -7.7% |
| 1990 | 3.08 % change on previous year | -50.2% |
| 1991 | -0.4365 % change on previous year | -114.2% |
| 1992 | 0.4177 % change on previous year | -195.7% |
| 1993 | 2.18 % change on previous year | +422.4% |
| 1994 | 4.37 % change on previous year | +100.5% |
| 1995 | 4.63 % change on previous year | +5.7% |
| 1996 | 5.86 % change on previous year | +26.7% |
| 1997 | 5.19 % change on previous year | -11.5% |
| 1998 | -0.5141 % change on previous year | -109.9% |
| 1999 | 3.35 % change on previous year | -751.0% |
| 2000 | 4.38 % change on previous year | +31.0% |
| 2001 | 3.05 % change on previous year | -30.4% |
| 2002 | 3.72 % change on previous year | +21.9% |
| 2003 | 5.09 % change on previous year | +36.9% |
| 2004 | 6.57 % change on previous year | +29.1% |
| 2005 | 4.94 % change on previous year | -24.8% |
| 2006 | 5.32 % change on previous year | +7.6% |
| 2007 | 6.52 % change on previous year | +22.6% |
| 2008 | 4.34 % change on previous year | -33.4% |
| 2009 | 1.45 % change on previous year | -66.7% |
| 2010 | 7.34 % change on previous year | +406.7% |
| 2011 | 3.86 % change on previous year | -47.4% |
| 2012 | 6.9 % change on previous year | +78.8% |
| 2013 | 6.75 % change on previous year | -2.1% |
| 2014 | 6.35 % change on previous year | -6.0% |
| 2015 | 6.35 % change on previous year | +0.0% |
| 2016 | 7.15 % change on previous year | +12.6% |
| 2017 | 6.93 % change on previous year | -3.1% |
| 2018 | 6.34 % change on previous year | -8.5% |
| 2019 | 6.12 % change on previous year | -3.5% |
| 2020 | -9.52 % change on previous year | -255.6% |
| 2021 | 5.72 % change on previous year | -160.0% |
| 2022 | 7.58 % change on previous year | +32.6% |
| 2023 | 5.52 % change on previous year | -27.2% |
| 2024 | 5.71 % change on previous year | +3.5% |
| 2025 | 4.4 % change on previous year | -23.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.08 % change on previous year | 3.4 % change on previous year | 7.02 % change on previous year | 9 |
| 1970s | 5.73 % change on previous year | 3.39 % change on previous year | 8.78 % change on previous year | 10 |
| 1980s | 2.11 % change on previous year | -7.04 % change on previous year | 6.7 % change on previous year | 10 |
| 1990s | 2.81 % change on previous year | -0.5141 % change on previous year | 5.86 % change on previous year | 10 |
| 2000s | 4.54 % change on previous year | 1.45 % change on previous year | 6.57 % change on previous year | 10 |
| 2010s | 6.41 % change on previous year | 3.86 % change on previous year | 7.34 % change on previous year | 10 |
| 2020s | 3.24 % change on previous year | -9.52 % change on previous year | 7.58 % change on previous year | 6 |
Countries ranked near Philippines
- 63 Sri Lanka 4.43 % change on previous year compare
- 64 Eswatini 4.42 % change on previous year compare
- 65 Grenada 4.41 % change on previous year compare
- 67 Egypt 4.37 % change on previous year compare
- 68 Zambia 4.36 % change on previous year compare
- 69 Guatemala 4.24 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 57.51 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 239,837 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.4 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9749 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,066 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 47.69 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 198,897 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Philippines?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Philippines was 4.4 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Philippines?
- The highest recorded value was 8.78 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Philippines?
- The lowest recorded value was -9.52 % change on previous year in 2020.
- How does Philippines rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Philippines ranks 66th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Philippines?
- Over the last ten years it is down 30.7%. 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 value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.