Industry (including construction), value added in Philippines
Philippines: Industry (including construction), value added was 131.46 billion current US$ in 2025. ◆ Volatile
Latest (2025)
131.46 billion current US$
Change on year
up 2.9%
World rank
35th
of 209 countries
All-time high
131.46 billion current US$
in 2025
All-time low
1.73 billion current US$
in 1962
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 current US$.
Analysis
Philippines recorded 131.46 billion current US$ for industry (including construction), value added in 2025. That is the highest value across all 66 years on record.
That represents a change of up 2.9% on the previous year and up 40.7% over ten years.
Over the whole period, industry (including construction), value added in Philippines peaked at 131.46 billion current US$ in 2025 and was at its lowest, 1.73 billion current US$, in 1962.
Philippines ranks 35th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 2.60 billion current US$ | — |
| 1961 | 2.88 billion current US$ | +10.5% |
| 1962 | 1.73 billion current US$ | -39.9% |
| 1963 | 1.95 billion current US$ | +13.1% |
| 1964 | 2.08 billion current US$ | +6.3% |
| 1965 | 2.25 billion current US$ | +8.1% |
| 1966 | 2.46 billion current US$ | +9.8% |
| 1967 | 2.70 billion current US$ | +9.4% |
| 1968 | 2.94 billion current US$ | +8.9% |
| 1969 | 3.22 billion current US$ | +9.6% |
| 1970 | 2.68 billion current US$ | -16.8% |
| 1971 | 3.01 billion current US$ | +12.5% |
| 1972 | 3.37 billion current US$ | +11.9% |
| 1973 | 4.32 billion current US$ | +28.2% |
| 1974 | 5.98 billion current US$ | +38.3% |
| 1975 | 6.56 billion current US$ | +9.6% |
| 1976 | 7.76 billion current US$ | +18.4% |
| 1977 | 9.08 billion current US$ | +17.0% |
| 1978 | 10.51 billion current US$ | +15.7% |
| 1979 | 12.93 billion current US$ | +23.0% |
| 1980 | 15.74 billion current US$ | +21.7% |
| 1981 | 17.46 billion current US$ | +11.0% |
| 1982 | 18.02 billion current US$ | +3.2% |
| 1983 | 16.27 billion current US$ | -9.7% |
| 1984 | 14.94 billion current US$ | -8.2% |
| 1985 | 13.58 billion current US$ | -9.1% |
| 1986 | 13.02 billion current US$ | -4.1% |
| 1987 | 14.42 billion current US$ | +10.8% |
| 1988 | 16.79 billion current US$ | +16.4% |
| 1989 | 18.74 billion current US$ | +11.6% |
| 1990 | 19.28 billion current US$ | +2.8% |
| 1991 | 19.50 billion current US$ | +1.2% |
| 1992 | 22.03 billion current US$ | +13.0% |
| 1993 | 22.52 billion current US$ | +2.2% |
| 1994 | 26.46 billion current US$ | +17.5% |
| 1995 | 30.19 billion current US$ | +14.1% |
| 1996 | 33.76 billion current US$ | +11.8% |
| 1997 | 33.56 billion current US$ | -0.6% |
| 1998 | 25.99 billion current US$ | -22.6% |
| 1999 | 28.73 billion current US$ | +10.6% |
| 2000 | 29.26 billion current US$ | +1.8% |
| 2001 | 27.54 billion current US$ | -5.9% |
| 2002 | 29.32 billion current US$ | +6.5% |
| 2003 | 30.06 billion current US$ | +2.5% |
| 2004 | 31.94 billion current US$ | +6.2% |
| 2005 | 36.32 billion current US$ | +13.7% |
| 2006 | 42.72 billion current US$ | +17.6% |
| 2007 | 51.47 billion current US$ | +20.5% |
| 2008 | 59.51 billion current US$ | +15.6% |
| 2009 | 55.47 billion current US$ | -6.8% |
| 2010 | 67.39 billion current US$ | +21.5% |
| 2011 | 73.40 billion current US$ | +8.9% |
| 2012 | 82.24 billion current US$ | +12.0% |
| 2013 | 87.37 billion current US$ | +6.2% |
| 2014 | 92.36 billion current US$ | +5.7% |
| 2015 | 93.41 billion current US$ | +1.1% |
| 2016 | 96.50 billion current US$ | +3.3% |
| 2017 | 98.96 billion current US$ | +2.6% |
| 2018 | 106.01 billion current US$ | +7.1% |
| 2019 | 114.28 billion current US$ | +7.8% |
| 2020 | 102.74 billion current US$ | -10.1% |
| 2021 | 113.85 billion current US$ | +10.8% |
| 2022 | 118.16 billion current US$ | +3.8% |
| 2023 | 123.24 billion current US$ | +4.3% |
| 2024 | 127.81 billion current US$ | +3.7% |
| 2025 | 131.46 billion current US$ | +2.9% |
Philippines compared with similar countries
- Philippines's 131.46 billion current US$ is above the median for upper middle income countries, which is 15.93 billion current US$, 8.3× the median. (59 countries reporting)
- Philippines's 131.46 billion current US$ is above the median for East Asia & Pacific, which is 9.23 billion current US$, 14.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.48 billion current US$ | 1.73 billion current US$ | 3.22 billion current US$ | 10 |
| 1970s | 6.62 billion current US$ | 2.68 billion current US$ | 12.93 billion current US$ | 10 |
| 1980s | 15.90 billion current US$ | 13.02 billion current US$ | 18.74 billion current US$ | 10 |
| 1990s | 26.20 billion current US$ | 19.28 billion current US$ | 33.76 billion current US$ | 10 |
| 2000s | 39.36 billion current US$ | 27.54 billion current US$ | 59.51 billion current US$ | 10 |
| 2010s | 91.19 billion current US$ | 67.39 billion current US$ | 114.28 billion current US$ | 10 |
| 2020s | 119.54 billion current US$ | 102.74 billion current US$ | 131.46 billion current US$ | 6 |
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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Philippines?
- Industry (including construction), value added in Philippines was 131.46 billion current US$ 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 131.46 billion current US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Philippines?
- The lowest recorded value was 1.73 billion current US$ in 1962.
- How does Philippines rank for industry (including construction), value added?
- Philippines ranks 35th out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Philippines?
- Over the last ten years it is up 40.7%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.