Machinery and transport equipment in Philippines
Philippines: Machinery and transport equipment was 34.2% in 2022. ◆ Volatile
Machinery and transport equipment in Philippines, 1963–2022
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Philippines is 34.2%, measured in 2022.
That represents a change of up 53.1% on the previous year and down 29.0% over ten years.
Over the whole period, machinery and transport equipment in Philippines peaked at 48.2% in 2012 and was at its lowest, 1.8%, in 1986.
Philippines ranks 12th of 149 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Philippines, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 6.4% | — |
| 1964 | 5.7% | -10.6% |
| 1965 | 4.4% | -22.9% |
| 1966 | 4.3% | -2.8% |
| 1967 | 4.3% | +0.0% |
| 1968 | 4.6% | +7.1% |
| 1969 | 3.9% | -14.0% |
| 1970 | 4.4% | +11.4% |
| 1971 | 4.2% | -4.6% |
| 1972 | 5.2% | +23.9% |
| 1973 | 4.1% | -20.4% |
| 1974 | 5.0% | +21.7% |
| 1975 | 5.5% | +9.8% |
| 1976 | 5.0% | -8.9% |
| 1977 | 5.7% | +12.9% |
| 1978 | 6.2% | +8.9% |
| 1979 | 6.2% | -0.1% |
| 1980 | 6.8% | +10.8% |
| 1981 | 4.4% | -35.5% |
| 1982 | 5.5% | +25.5% |
| 1983 | 3.7% | -32.4% |
| 1984 | 2.4% | -35.8% |
| 1985 | 1.9% | -21.2% |
| 1986 | 1.8% | -5.2% |
| 1987 | 2.7% | +48.3% |
| 1988 | 2.7% | +0.7% |
| 1989 | 4.1% | +53.2% |
| 1990 | 3.9% | -6.0% |
| 1991 | 3.5% | -8.3% |
| 1992 | 4.9% | +38.4% |
| 1993 | 5.2% | +6.2% |
| 1994 | 4.7% | -9.5% |
| 1995 | 6.0% | +27.9% |
| 1996 | 16.3% | +171.7% |
| 1997 | 18.2% | +11.1% |
| 1998 | 20.7% | +13.8% |
| 1999 | 22.8% | +10.3% |
| 2000 | 22.8% | +0.0% |
| 2001 | 27.1% | +18.8% |
| 2002 | 27.1% | +0.0% |
| 2003 | 26.5% | -2.2% |
| 2004 | 26.5% | +0.0% |
| 2005 | 24.8% | -6.5% |
| 2006 | 33.4% | +35.0% |
| 2007 | 33.5% | +0.1% |
| 2008 | 24.9% | -25.5% |
| 2009 | 34.0% | +36.1% |
| 2010 | 30.5% | -10.1% |
| 2011 | 30.6% | +0.3% |
| 2012 | 48.2% | +57.3% |
| 2013 | 32.1% | -33.4% |
| 2014 | 34.8% | +8.4% |
| 2015 | 34.6% | -0.7% |
| 2016 | 33.5% | -3.1% |
| 2017 | 39.6% | +18.1% |
| 2018 | 24.6% | -37.7% |
| 2019 | 19.6% | -20.4% |
| 2020 | 28.8% | +47.2% |
| 2021 | 22.4% | -22.5% |
| 2022 | 34.2% | +53.1% |
Philippines compared with similar countries
- Philippines's 34.2% is above the median for upper middle income countries, which is 6.8%, 5.0× the median. (46 countries reporting)
- Philippines's 34.2% is above the median for East Asia & Pacific, which is 22.0%, 1.6× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment 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.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +171.7% | 6.0% | 16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.8% | 3.9% | 6.4% | 7 |
| 1970s | 5.1% | 4.1% | 6.2% | 10 |
| 1980s | 3.6% | 1.8% | 6.8% | 10 |
| 1990s | 10.6% | 3.5% | 22.8% | 10 |
| 2000s | 28.0% | 22.8% | 34.0% | 10 |
| 2010s | 32.8% | 19.6% | 48.2% | 10 |
| 2020s | 28.5% | 22.4% | 34.2% | 3 |
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 machinery and transport equipment in Philippines?
- Machinery and transport equipment in Philippines was 34.2% in 2022, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Philippines?
- The highest recorded value was 48.2% in 2012.
- What is the lowest machinery and transport equipment recorded in Philippines?
- The lowest recorded value was 1.8% in 1986.
- How does Philippines rank for machinery and transport equipment?
- Philippines ranks 12th out of 149 countries with data for 2022.
- Is machinery and transport equipment rising or falling in Philippines?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).