Industry (including construction), value added in Philippines
Philippines: Industry (including construction), value added was 136.87 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
136.87 billion constant 2015 US$
Change on year
up 1.7%
World rank
28th
of 196 countries
All-time high
136.87 billion constant 2015 US$
in 2025
All-time low
9.47 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Industry (including construction), value added in Philippines, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Philippines recorded 136.87 billion constant 2015 US$ for industry (including construction), value added in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 46.5% over ten years.
Over the whole period, industry (including construction), value added in Philippines peaked at 136.87 billion constant 2015 US$ in 2025 and was at its lowest, 9.47 billion constant 2015 US$, in 1960.
Philippines ranks 28th of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Philippines, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 9.47 billion constant 2015 US$ | — |
| 1961 | 9.99 billion constant 2015 US$ | +5.5% |
| 1962 | 10.39 billion constant 2015 US$ | +4.0% |
| 1963 | 11.41 billion constant 2015 US$ | +9.8% |
| 1964 | 11.90 billion constant 2015 US$ | +4.3% |
| 1965 | 12.57 billion constant 2015 US$ | +5.6% |
| 1966 | 13.22 billion constant 2015 US$ | +5.1% |
| 1967 | 14.28 billion constant 2015 US$ | +8.0% |
| 1968 | 14.94 billion constant 2015 US$ | +4.7% |
| 1969 | 15.65 billion constant 2015 US$ | +4.7% |
| 1970 | 16.51 billion constant 2015 US$ | +5.5% |
| 1971 | 17.71 billion constant 2015 US$ | +7.3% |
| 1972 | 19.00 billion constant 2015 US$ | +7.3% |
| 1973 | 21.53 billion constant 2015 US$ | +13.4% |
| 1974 | 22.86 billion constant 2015 US$ | +6.2% |
| 1975 | 24.75 billion constant 2015 US$ | +8.2% |
| 1976 | 27.55 billion constant 2015 US$ | +11.3% |
| 1977 | 29.60 billion constant 2015 US$ | +7.4% |
| 1978 | 31.24 billion constant 2015 US$ | +5.5% |
| 1979 | 33.48 billion constant 2015 US$ | +7.2% |
| 1980 | 35.13 billion constant 2015 US$ | +4.9% |
| 1981 | 36.83 billion constant 2015 US$ | +4.8% |
| 1982 | 37.63 billion constant 2015 US$ | +2.2% |
| 1983 | 38.02 billion constant 2015 US$ | +1.0% |
| 1984 | 33.82 billion constant 2015 US$ | -11.0% |
| 1985 | 28.56 billion constant 2015 US$ | -15.6% |
| 1986 | 29.23 billion constant 2015 US$ | +2.4% |
| 1987 | 30.39 billion constant 2015 US$ | +4.0% |
| 1988 | 32.98 billion constant 2015 US$ | +8.5% |
| 1989 | 35.35 billion constant 2015 US$ | +7.2% |
| 1990 | 36.18 billion constant 2015 US$ | +2.3% |
| 1991 | 35.28 billion constant 2015 US$ | -2.5% |
| 1992 | 35.10 billion constant 2015 US$ | -0.5% |
| 1993 | 35.70 billion constant 2015 US$ | +1.7% |
| 1994 | 37.75 billion constant 2015 US$ | +5.7% |
| 1995 | 40.21 billion constant 2015 US$ | +6.5% |
| 1996 | 42.77 billion constant 2015 US$ | +6.4% |
| 1997 | 45.36 billion constant 2015 US$ | +6.1% |
| 1998 | 44.16 billion constant 2015 US$ | -2.7% |
| 1999 | 43.54 billion constant 2015 US$ | -1.4% |
| 2000 | 46.43 billion constant 2015 US$ | +6.6% |
| 2001 | 47.05 billion constant 2015 US$ | +1.3% |
| 2002 | 48.78 billion constant 2015 US$ | +3.7% |
| 2003 | 51.20 billion constant 2015 US$ | +5.0% |
| 2004 | 53.46 billion constant 2015 US$ | +4.4% |
| 2005 | 56.16 billion constant 2015 US$ | +5.1% |
| 2006 | 58.25 billion constant 2015 US$ | +3.7% |
| 2007 | 61.13 billion constant 2015 US$ | +4.9% |
| 2008 | 64.48 billion constant 2015 US$ | +5.5% |
| 2009 | 63.56 billion constant 2015 US$ | -1.4% |
| 2010 | 69.81 billion constant 2015 US$ | +9.8% |
| 2011 | 70.93 billion constant 2015 US$ | +1.6% |
| 2012 | 76.38 billion constant 2015 US$ | +7.7% |
| 2013 | 81.58 billion constant 2015 US$ | +6.8% |
| 2014 | 87.70 billion constant 2015 US$ | +7.5% |
| 2015 | 93.41 billion constant 2015 US$ | +6.5% |
| 2016 | 101.06 billion constant 2015 US$ | +8.2% |
| 2017 | 108.15 billion constant 2015 US$ | +7.0% |
| 2018 | 116.05 billion constant 2015 US$ | +7.3% |
| 2019 | 122.40 billion constant 2015 US$ | +5.5% |
| 2020 | 106.34 billion constant 2015 US$ | -13.1% |
| 2021 | 115.41 billion constant 2015 US$ | +8.5% |
| 2022 | 122.94 billion constant 2015 US$ | +6.5% |
| 2023 | 127.40 billion constant 2015 US$ | +3.6% |
| 2024 | 134.57 billion constant 2015 US$ | +5.6% |
| 2025 | 136.87 billion constant 2015 US$ | +1.7% |
Philippines compared with similar countries
- Philippines's 136.87 billion constant 2015 US$ is above the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 9.6× the median. (58 countries reporting)
- Philippines's 136.87 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 8.43 billion constant 2015 US$, 16.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.38 billion constant 2015 US$ | 9.47 billion constant 2015 US$ | 15.65 billion constant 2015 US$ | 10 |
| 1970s | 24.42 billion constant 2015 US$ | 16.51 billion constant 2015 US$ | 33.48 billion constant 2015 US$ | 10 |
| 1980s | 33.79 billion constant 2015 US$ | 28.56 billion constant 2015 US$ | 38.02 billion constant 2015 US$ | 10 |
| 1990s | 39.61 billion constant 2015 US$ | 35.10 billion constant 2015 US$ | 45.36 billion constant 2015 US$ | 10 |
| 2000s | 55.05 billion constant 2015 US$ | 46.43 billion constant 2015 US$ | 64.48 billion constant 2015 US$ | 10 |
| 2010s | 92.75 billion constant 2015 US$ | 69.81 billion constant 2015 US$ | 122.40 billion constant 2015 US$ | 10 |
| 2020s | 123.92 billion constant 2015 US$ | 106.34 billion constant 2015 US$ | 136.87 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
- 25 Malaysia 157.92 billion constant 2015 US$ compare
- 26 Thailand 154.20 billion constant 2015 US$ compare
- 27 Egypt 152.18 billion constant 2015 US$ compare
- 29 Norway 136.41 billion constant 2015 US$ compare
- 30 Argentina 128.86 billion constant 2015 US$ compare
- 31 Sweden 122.69 billion constant 2015 US$ 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)
- 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Philippines?
- Industry (including construction), value added in Philippines was 136.87 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Philippines?
- The highest recorded value was 136.87 billion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Philippines?
- The lowest recorded value was 9.47 billion constant 2015 US$ in 1960.
- How does Philippines rank for industry (including construction), value added?
- Philippines ranks 28th out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Philippines?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.