Value Added (Total Manufacturing) — Share of GDP US$ in Philippines
Philippines: Value Added (Total Manufacturing) — Share of GDP US$ was 16.22 % in 2023. ▼ Falling
Value Added (Total Manufacturing) — Share of GDP US$ in Philippines, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Philippines recorded 16.22 % for value added (total manufacturing) — share of gdp us$ in 2023. That is the lowest value across all 54 years on record.
Compared with earlier readings it is down 5.9% on the previous year and down 20.6% over ten years.
Over the whole period, value added (total manufacturing) — share of gdp us$ in Philippines peaked at 29.27 % in 1973 and was at its lowest, 16.22 %, in 2023.
That places Philippines 42nd out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Share of GDP US$ in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 27.41 % | — |
| 1971 | 28.52 % | +4.1% |
| 1972 | 29.13 % | +2.1% |
| 1973 | 29.27 % | +0.5% |
| 1974 | 28.21 % | -3.6% |
| 1975 | 28.2 % | -0.0% |
| 1976 | 27.87 % | -1.2% |
| 1977 | 27.85 % | -0.1% |
| 1978 | 28.5 % | +2.3% |
| 1979 | 27.47 % | -3.6% |
| 1980 | 27.96 % | +1.8% |
| 1981 | 27.73 % | -0.8% |
| 1982 | 27.22 % | -1.8% |
| 1983 | 26.21 % | -3.7% |
| 1984 | 26.74 % | +2.0% |
| 1985 | 27.32 % | +2.2% |
| 1986 | 26.75 % | -2.1% |
| 1987 | 27.11 % | +1.4% |
| 1988 | 27.9 % | +2.9% |
| 1989 | 27.11 % | -2.8% |
| 1990 | 27.08 % | -0.1% |
| 1991 | 27.57 % | +1.8% |
| 1992 | 26.39 % | -4.3% |
| 1993 | 25.87 % | -2.0% |
| 1994 | 25.38 % | -1.9% |
| 1995 | 25.11 % | -1.1% |
| 1996 | 24.89 % | -0.9% |
| 1997 | 24.24 % | -2.6% |
| 1998 | 23.79 % | -1.9% |
| 1999 | 23.82 % | +0.1% |
| 2000 | 25.28 % | +6.1% |
| 2001 | 25.31 % | +0.1% |
| 2002 | 25.14 % | -0.7% |
| 2003 | 24.84 % | -1.2% |
| 2004 | 24.01 % | -3.3% |
| 2005 | 24.27 % | +1.1% |
| 2006 | 23.83 % | -1.8% |
| 2007 | 23.15 % | -2.8% |
| 2008 | 23.27 % | +0.5% |
| 2009 | 21.74 % | -6.6% |
| 2010 | 21.92 % | +0.8% |
| 2011 | 21.7 % | -1.0% |
| 2012 | 21.33 % | -1.7% |
| 2013 | 20.43 % | -4.2% |
| 2014 | 20.58 % | +0.7% |
| 2015 | 19.93 % | -3.1% |
| 2016 | 19.59 % | -1.7% |
| 2017 | 19.5 % | -0.5% |
| 2018 | 19.1 % | -2.1% |
| 2019 | 18.52 % | -3.0% |
| 2020 | 17.66 % | -4.6% |
| 2021 | 17.64 % | -0.1% |
| 2022 | 17.23 % | -2.3% |
| 2023 | 16.22 % | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.24 % | 27.41 % | 29.27 % | 10 |
| 1980s | 27.21 % | 26.21 % | 27.96 % | 10 |
| 1990s | 25.42 % | 23.79 % | 27.57 % | 10 |
| 2000s | 24.08 % | 21.74 % | 25.31 % | 10 |
| 2010s | 20.26 % | 18.52 % | 21.92 % | 10 |
| 2020s | 17.19 % | 16.22 % | 17.66 % | 4 |
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)
- Gross domestic savings (current US$), annual growth rate -4.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0845 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 352.34 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -3.68 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.86 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 20,262 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — share of gdp us$ in Philippines?
- Value added (total manufacturing) — share of gdp us$ in Philippines was 16.22 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — share of gdp us$ recorded in Philippines?
- The highest recorded value was 29.27 % in 1973.
- What is the lowest value added (total manufacturing) — share of gdp us$ recorded in Philippines?
- The lowest recorded value was 16.22 % in 2023.
- How does Philippines rank for value added (total manufacturing) — share of gdp us$?
- Philippines ranks 42nd out of 203 countries with data for 2023.
- Is value added (total manufacturing) — share of gdp us$ rising or falling in Philippines?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).