Manufacturing value added (current United States dollars) in Philippines
Philippines: Manufacturing value added (current United States dollars) was 15.7% in 2024. ▼ Falling
Manufacturing value added (current United States dollars) as a in Philippines, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for manufacturing value added (current united states dollars) as a in Philippines is 15.7%, measured in 2024. That is the lowest value across all 25 years on record.
Compared with earlier readings it is down 3.4% on the previous year and down 23.8% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Philippines peaked at 25.3% in 2001 and was at its lowest, 15.7%, in 2024.
Philippines ranks 48th of 229 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added (current United States dollars) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 25.3% | — |
| 2001 | 25.3% | +0.1% |
| 2002 | 25.1% | -0.7% |
| 2003 | 24.8% | -1.2% |
| 2004 | 24.0% | -3.3% |
| 2005 | 24.3% | +1.1% |
| 2006 | 23.8% | -1.8% |
| 2007 | 23.1% | -2.9% |
| 2008 | 23.3% | +0.5% |
| 2009 | 21.7% | -6.6% |
| 2010 | 21.9% | +0.8% |
| 2011 | 21.7% | -1.0% |
| 2012 | 21.3% | -1.7% |
| 2013 | 20.4% | -4.2% |
| 2014 | 20.6% | +0.7% |
| 2015 | 19.9% | -3.2% |
| 2016 | 19.6% | -1.7% |
| 2017 | 19.5% | -0.5% |
| 2018 | 19.1% | -2.1% |
| 2019 | 18.5% | -3.0% |
| 2020 | 17.7% | -4.6% |
| 2021 | 17.6% | -0.1% |
| 2022 | 17.2% | -2.3% |
| 2023 | 16.2% | -5.8% |
| 2024 | 15.7% | -3.4% |
Philippines compared with similar countries
- Philippines's 15.7% is above the median for upper middle income countries, which is 11.7%, 1.3× the median. (56 countries reporting)
- Philippines's 15.7% is above the median for East Asia & Pacific, which is 10.5%, 1.5× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.1% | 21.7% | 25.3% | 10 |
| 2010s | 20.3% | 18.5% | 21.9% | 10 |
| 2020s | 16.9% | 15.7% | 17.7% | 5 |
Countries ranked near Philippines
- 45 Venezuela (Bolivarian Republic of) 16.1% compare
- 46 Saudi Arabia 16.1% compare
- 47 Hungary 15.8% compare
- 49 Zimbabwe 15.6% compare
- 50 Central African Republic 15.4% compare
- 51 Poland 15.4% compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is manufacturing value added (current united states dollars) as a in Philippines?
- Manufacturing value added (current united states dollars) as a in Philippines was 15.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Philippines?
- The highest recorded value was 25.3% in 2001.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Philippines?
- The lowest recorded value was 15.7% in 2024.
- How does Philippines rank for manufacturing value added (current united states dollars) as a?
- Philippines ranks 48th out of 229 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Philippines?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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