Manufacturing, value added in Philippines
Philippines: Manufacturing, value added was 2.5% in 2025. ◆ Volatile
Manufacturing, value added in Philippines, 2001–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Philippines recorded 2.5% for manufacturing, value added in 2025.
Compared with earlier readings it is down 31.5% on the previous year and down 51.1% over ten years.
Over the whole period, manufacturing, value added in Philippines peaked at 8.9% in 2021 and was at its lowest, -9.8%, in 2020.
Philippines ranks 97th of 192 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.
Manufacturing, value added in Philippines, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 2.7% | — |
| 2002 | 3.8% | +39.7% |
| 2003 | 4.1% | +8.2% |
| 2004 | 4.1% | +1.2% |
| 2005 | 6.4% | +56.3% |
| 2006 | 2.8% | -55.9% |
| 2007 | 2.9% | +1.7% |
| 2008 | 5.2% | +79.6% |
| 2009 | -4.3% | -183.1% |
| 2010 | 7.6% | -275.9% |
| 2011 | 3.7% | -50.7% |
| 2012 | 5.7% | +52.0% |
| 2013 | 4.6% | -19.4% |
| 2014 | 7.6% | +67.0% |
| 2015 | 5.2% | -32.3% |
| 2016 | 6.8% | +32.2% |
| 2017 | 8.0% | +17.4% |
| 2018 | 5.1% | -36.0% |
| 2019 | 3.8% | -26.4% |
| 2020 | -9.8% | -358.3% |
| 2021 | 8.9% | -190.8% |
| 2022 | 4.9% | -45.3% |
| 2023 | 1.4% | -71.4% |
| 2024 | 3.7% | +166.4% |
| 2025 | 2.5% | -31.5% |
Philippines compared with similar countries
- Philippines's 2.5% is above the median for upper middle income countries, which is 2.4%, 1.1× the median. (56 countries reporting)
- Philippines's 2.5% is below the median for East Asia & Pacific, which is 2.6%, 96% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -4.3% | 6.4% | 9 |
| 2010s | 5.8% | 3.7% | 8.0% | 10 |
| 2020s | 1.9% | -9.8% | 8.9% | 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 manufacturing, value added in Philippines?
- Manufacturing, value added in Philippines was 2.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Philippines?
- The highest recorded value was 8.9% in 2021.
- What is the lowest manufacturing, value added recorded in Philippines?
- The lowest recorded value was -9.8% in 2020.
- How does Philippines rank for manufacturing, value added?
- Philippines ranks 97th out of 192 countries with data for 2025.
- Is manufacturing, value added rising or falling in Philippines?
- Over the last ten years it is down 51.1%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.