Services, value added (current US$), annual growth rate in Philippines
Philippines: Services, value added (current US$), annual growth rate was 7.49 % change on previous year in 2025. ◆ Volatile
Latest (2025)
7.49 % change on previous year
Change on year
up 6.6%
World rank
118th
of 204 countries
All-time high
33.39 % change on previous year
in 1974
All-time low
-39.13 % change on previous year
in 1962
Years of data
65
1961–2025
Services, value added (current US$), annual growth rate in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 7.49 % change on previous year for services, value added (current us$), annual growth rate in 2025.
The figure is up 6.6% on the previous year and up 17.8% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Philippines peaked at 33.39 % change on previous year in 1974 and was at its lowest, -39.13 % change on previous year, in 1962.
Philippines ranks 118th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 7.38 % change on previous year | — |
| 1962 | -39.13 % change on previous year | -629.9% |
| 1963 | 7.79 % change on previous year | -119.9% |
| 1964 | 11.56 % change on previous year | +48.3% |
| 1965 | 9.27 % change on previous year | -19.8% |
| 1966 | 10.79 % change on previous year | +16.4% |
| 1967 | 5.38 % change on previous year | -50.2% |
| 1968 | 9.54 % change on previous year | +77.4% |
| 1969 | 10.12 % change on previous year | +6.0% |
| 1970 | -23.77 % change on previous year | -334.9% |
| 1971 | 7.19 % change on previous year | -130.3% |
| 1972 | 7.15 % change on previous year | -0.7% |
| 1973 | 20.09 % change on previous year | +181.2% |
| 1974 | 33.39 % change on previous year | +66.2% |
| 1975 | 8.63 % change on previous year | -74.2% |
| 1976 | 14.29 % change on previous year | +65.7% |
| 1977 | 14.36 % change on previous year | +0.5% |
| 1978 | 17.08 % change on previous year | +19.0% |
| 1979 | 21.61 % change on previous year | +26.5% |
| 1980 | 20.95 % change on previous year | -3.1% |
| 1981 | 9.33 % change on previous year | -55.4% |
| 1982 | 9.55 % change on previous year | +2.4% |
| 1983 | -9.31 % change on previous year | -197.5% |
| 1984 | -7.62 % change on previous year | -18.1% |
| 1985 | 6.1 % change on previous year | -180.0% |
| 1986 | -0.0911 % change on previous year | -101.5% |
| 1987 | 11.43 % change on previous year | -12646.4% |
| 1988 | 14.83 % change on previous year | +29.8% |
| 1989 | 13.84 % change on previous year | -6.7% |
| 1990 | 7.06 % change on previous year | -49.0% |
| 1991 | 5.72 % change on previous year | -19.0% |
| 1992 | 17.83 % change on previous year | +211.9% |
| 1993 | 3.5 % change on previous year | -80.4% |
| 1994 | 17.36 % change on previous year | +396.0% |
| 1995 | 17.86 % change on previous year | +2.9% |
| 1996 | 14.06 % change on previous year | -21.3% |
| 1997 | 2.79 % change on previous year | -80.1% |
| 1998 | -16.74 % change on previous year | -699.5% |
| 1999 | 16.98 % change on previous year | -201.4% |
| 2000 | -2.63 % change on previous year | -115.5% |
| 2001 | -4.35 % change on previous year | +65.7% |
| 2002 | 6.76 % change on previous year | -255.3% |
| 2003 | 4.32 % change on previous year | -36.1% |
| 2004 | 9.33 % change on previous year | +116.2% |
| 2005 | 13.66 % change on previous year | +46.3% |
| 2006 | 19.98 % change on previous year | +46.3% |
| 2007 | 22.69 % change on previous year | +13.6% |
| 2008 | 14.97 % change on previous year | -34.0% |
| 2009 | -0.8711 % change on previous year | -105.8% |
| 2010 | 18.35 % change on previous year | -2206.7% |
| 2011 | 13.77 % change on previous year | -25.0% |
| 2012 | 13.75 % change on previous year | -0.1% |
| 2013 | 10.83 % change on previous year | -21.3% |
| 2014 | 4.65 % change on previous year | -57.0% |
| 2015 | 6.36 % change on previous year | +36.6% |
| 2016 | 5.73 % change on previous year | -9.9% |
| 2017 | 3.41 % change on previous year | -40.5% |
| 2018 | 5.76 % change on previous year | +69.0% |
| 2019 | 10.58 % change on previous year | +83.7% |
| 2020 | -3.11 % change on previous year | -129.4% |
| 2021 | 8.28 % change on previous year | -365.9% |
| 2022 | 2.92 % change on previous year | -64.7% |
| 2023 | 10.16 % change on previous year | +248.3% |
| 2024 | 7.03 % change on previous year | -30.8% |
| 2025 | 7.49 % change on previous year | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.63 % change on previous year | -39.13 % change on previous year | 11.56 % change on previous year | 9 |
| 1970s | 12 % change on previous year | -23.77 % change on previous year | 33.39 % change on previous year | 10 |
| 1980s | 6.9 % change on previous year | -9.31 % change on previous year | 20.95 % change on previous year | 10 |
| 1990s | 8.64 % change on previous year | -16.74 % change on previous year | 17.86 % change on previous year | 10 |
| 2000s | 8.39 % change on previous year | -4.35 % change on previous year | 22.69 % change on previous year | 10 |
| 2010s | 9.32 % change on previous year | 3.41 % change on previous year | 18.35 % change on previous year | 10 |
| 2020s | 5.46 % change on previous year | -3.11 % change on previous year | 10.16 % change on previous year | 6 |
Countries ranked near Philippines
- 115 Switzerland 8.04 % change on previous year compare
- 116 Chile 8.04 % change on previous year compare
- 117 United Arab Emirates 7.78 % change on previous year compare
- 119 Burundi 7.49 % change on previous year compare
- 120 Denmark 7.43 % change on previous year compare
- 121 Mauritius 7.32 % change on previous year compare
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)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,687 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 37.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 154,500 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6191 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 2,582 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Philippines?
- Services, value added (current us$), annual growth rate in Philippines was 7.49 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Philippines?
- The highest recorded value was 33.39 % change on previous year in 1974.
- What is the lowest services, value added (current us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -39.13 % change on previous year in 1962.
- How does Philippines rank for services, value added (current us$), annual growth rate?
- Philippines ranks 118th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.