Gross value added at basic prices (GVA) (current US$), annual growth in Philippines
Philippines: Gross value added at basic prices (GVA) (current US$), annual growth was 5.5 % change on previous year in 2025. ◆ Volatile
Latest (2025)
5.5 % change on previous year
Change on year
down 2.3%
World rank
141st
of 205 countries
All-time high
36.76 % change on previous year
in 1974
All-time low
-39.37 % change on previous year
in 1962
Years of data
65
1961–2025
Gross value added at basic prices (GVA) (current US$), annual growth in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 5.5 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2025.
That represents a change of down 2.3% on the previous year and up 82.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Philippines peaked at 36.76 % change on previous year in 1974 and was at its lowest, -39.37 % change on previous year, in 1962.
Philippines ranks 141st of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.72 % change on previous year | — |
| 1962 | -39.37 % change on previous year | -551.5% |
| 1963 | 11.11 % change on previous year | -128.2% |
| 1964 | 8.15 % change on previous year | -26.6% |
| 1965 | 9.47 % change on previous year | +16.1% |
| 1966 | 10.31 % change on previous year | +8.9% |
| 1967 | 7.45 % change on previous year | -27.7% |
| 1968 | 11.75 % change on previous year | +57.7% |
| 1969 | 10.88 % change on previous year | -7.4% |
| 1970 | -21.03 % change on previous year | -293.3% |
| 1971 | 10.79 % change on previous year | -151.3% |
| 1972 | 8.27 % change on previous year | -23.4% |
| 1973 | 25.86 % change on previous year | +212.6% |
| 1974 | 36.76 % change on previous year | +42.2% |
| 1975 | 8.12 % change on previous year | -77.9% |
| 1976 | 14.85 % change on previous year | +82.9% |
| 1977 | 14.97 % change on previous year | +0.8% |
| 1978 | 15.61 % change on previous year | +4.3% |
| 1979 | 21.18 % change on previous year | +35.6% |
| 1980 | 18.03 % change on previous year | -14.8% |
| 1981 | 9.91 % change on previous year | -45.1% |
| 1982 | 4.21 % change on previous year | -57.5% |
| 1983 | -10.54 % change on previous year | -350.0% |
| 1984 | -5.37 % change on previous year | -49.0% |
| 1985 | -2.15 % change on previous year | -60.0% |
| 1986 | -2.79 % change on previous year | +29.5% |
| 1987 | 11.19 % change on previous year | -501.7% |
| 1988 | 14.18 % change on previous year | +26.7% |
| 1989 | 12.43 % change on previous year | -12.4% |
| 1990 | 4.11 % change on previous year | -66.9% |
| 1991 | 2.53 % change on previous year | -38.6% |
| 1992 | 16.68 % change on previous year | +560.4% |
| 1993 | 2.67 % change on previous year | -84.0% |
| 1994 | 17.93 % change on previous year | +571.1% |
| 1995 | 15.7 % change on previous year | -12.4% |
| 1996 | 11.82 % change on previous year | -24.7% |
| 1997 | -0.5724 % change on previous year | -104.8% |
| 1998 | -20.84 % change on previous year | +3541.0% |
| 1999 | 14.96 % change on previous year | -171.8% |
| 2000 | -2.3 % change on previous year | -115.4% |
| 2001 | -5.68 % change on previous year | +146.7% |
| 2002 | 6.82 % change on previous year | -220.2% |
| 2003 | 3.24 % change on previous year | -52.5% |
| 2004 | 9.15 % change on previous year | +182.3% |
| 2005 | 13.07 % change on previous year | +42.9% |
| 2006 | 18.84 % change on previous year | +44.1% |
| 2007 | 22.19 % change on previous year | +17.8% |
| 2008 | 16.44 % change on previous year | -25.9% |
| 2009 | -3.11 % change on previous year | -118.9% |
| 2010 | 18.41 % change on previous year | -691.8% |
| 2011 | 12.4 % change on previous year | -32.6% |
| 2012 | 11.83 % change on previous year | -4.6% |
| 2013 | 8.39 % change on previous year | -29.0% |
| 2014 | 4.78 % change on previous year | -43.0% |
| 2015 | 3.01 % change on previous year | -37.0% |
| 2016 | 3.97 % change on previous year | +31.9% |
| 2017 | 3.09 % change on previous year | -22.2% |
| 2018 | 5.59 % change on previous year | +80.7% |
| 2019 | 8.64 % change on previous year | +54.6% |
| 2020 | -4 % change on previous year | -146.3% |
| 2021 | 8.94 % change on previous year | -323.5% |
| 2022 | 2.61 % change on previous year | -70.9% |
| 2023 | 8.09 % change on previous year | +210.5% |
| 2024 | 5.63 % change on previous year | -30.4% |
| 2025 | 5.5 % change on previous year | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.27 % change on previous year | -39.37 % change on previous year | 11.75 % change on previous year | 9 |
| 1970s | 13.54 % change on previous year | -21.03 % change on previous year | 36.76 % change on previous year | 10 |
| 1980s | 4.91 % change on previous year | -10.54 % change on previous year | 18.03 % change on previous year | 10 |
| 1990s | 6.5 % change on previous year | -20.84 % change on previous year | 17.93 % change on previous year | 10 |
| 2000s | 7.87 % change on previous year | -5.68 % change on previous year | 22.19 % change on previous year | 10 |
| 2010s | 8.01 % change on previous year | 3.01 % change on previous year | 18.41 % change on previous year | 10 |
| 2020s | 4.46 % change on previous year | -4 % change on previous year | 8.94 % change on previous year | 6 |
Countries ranked near Philippines
- 138 United Arab Emirates 5.68 % change on previous year compare
- 139 Dominica 5.58 % change on previous year compare
- 140 Barbados 5.51 % change on previous year compare
- 142 Bolivia 5.49 % change on previous year compare
- 143 Saint Kitts and Nevis 5.49 % change on previous year compare
- 144 Greenland 5.43 % 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 US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,171 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Philippines?
- Gross value added at basic prices (gva) (current us$), annual growth in Philippines was 5.5 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Philippines?
- The highest recorded value was 36.76 % change on previous year in 1974.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Philippines?
- The lowest recorded value was -39.37 % change on previous year in 1962.
- How does Philippines rank for gross value added at basic prices (gva) (current us$), annual growth?
- Philippines ranks 141st out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Philippines?
- Over the last ten years it is up 82.7%. 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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.