Services, value added in Philippines
Philippines: Services, value added was 301.54 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Philippines, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, services, value added in Philippines stood at 301.54 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 68.1% over ten years.
Over the whole period, services, value added in Philippines peaked at 301.54 billion constant 2015 US$ in 2025 and was at its lowest, 14.62 billion constant 2015 US$, in 1960.
That places Philippines 26th out of 194 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.31 billion constant 2015 US$ | 14.62 billion constant 2015 US$ | 22.33 billion constant 2015 US$ | 10 |
| 1970s | 29.33 billion constant 2015 US$ | 23.28 billion constant 2015 US$ | 36.53 billion constant 2015 US$ | 10 |
| 1980s | 43.24 billion constant 2015 US$ | 38.73 billion constant 2015 US$ | 50.93 billion constant 2015 US$ | 10 |
| 1990s | 60.78 billion constant 2015 US$ | 53.27 billion constant 2015 US$ | 72.65 billion constant 2015 US$ | 10 |
| 2000s | 95.88 billion constant 2015 US$ | 75.08 billion constant 2015 US$ | 119.74 billion constant 2015 US$ | 10 |
| 2010s | 177.54 billion constant 2015 US$ | 128.78 billion constant 2015 US$ | 238.41 billion constant 2015 US$ | 10 |
| 2020s | 257.96 billion constant 2015 US$ | 216.65 billion constant 2015 US$ | 301.54 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
Frequently asked questions
- What is services, value added in Philippines?
- Services, value added in Philippines was 301.54 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Philippines?
- The highest recorded value was 301.54 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Philippines?
- The lowest recorded value was 14.62 billion constant 2015 US$ in 1960.
- How does Philippines rank for services, value added?
- Philippines ranks 26th out of 194 countries with data for 2025.
- Is services, value added rising or falling in Philippines?
- Over the last ten years it is up 68.1%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.