Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines
Philippines: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0318 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Philippines recorded 0.0318 million SLC per person for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 32.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Philippines peaked at 0.0318 million SLC per person in 2023 and was at its lowest, 0.015 million SLC per person, in 1970.
That places Philippines 62nd out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.015 million SLC per person | — |
| 1971 | 0.0156 million SLC per person | +4.2% |
| 1972 | 0.0161 million SLC per person | +3.2% |
| 1973 | 0.0182 million SLC per person | +12.7% |
| 1974 | 0.0182 million SLC per person | +0.4% |
| 1975 | 0.018 million SLC per person | -1.1% |
| 1976 | 0.0184 million SLC per person | +2.3% |
| 1977 | 0.0191 million SLC per person | +3.4% |
| 1978 | 0.0198 million SLC per person | +4.0% |
| 1979 | 0.0201 million SLC per person | +1.3% |
| 1980 | 0.0203 million SLC per person | +1.2% |
| 1981 | 0.0201 million SLC per person | -1.4% |
| 1982 | 0.0197 million SLC per person | -1.6% |
| 1983 | 0.0189 million SLC per person | -4.4% |
| 1984 | 0.0167 million SLC per person | -11.2% |
| 1985 | 0.0159 million SLC per person | -5.2% |
| 1986 | 0.0158 million SLC per person | -0.6% |
| 1987 | 0.0161 million SLC per person | +2.3% |
| 1988 | 0.0172 million SLC per person | +6.6% |
| 1989 | 0.0175 million SLC per person | +1.9% |
| 1990 | 0.0175 million SLC per person | -0.4% |
| 1991 | 0.0172 million SLC per person | -1.6% |
| 1992 | 0.0165 million SLC per person | -4.1% |
| 1993 | 0.0161 million SLC per person | -1.9% |
| 1994 | 0.0165 million SLC per person | +2.1% |
| 1995 | 0.0171 million SLC per person | +3.9% |
| 1996 | 0.0176 million SLC per person | +2.6% |
| 1997 | 0.0177 million SLC per person | +0.9% |
| 1998 | 0.0171 million SLC per person | -3.5% |
| 1999 | 0.0171 million SLC per person | +0.1% |
| 2000 | 0.0191 million SLC per person | +11.4% |
| 2001 | 0.0192 million SLC per person | +0.5% |
| 2002 | 0.0195 million SLC per person | +1.7% |
| 2003 | 0.0199 million SLC per person | +2.0% |
| 2004 | 0.0203 million SLC per person | +2.1% |
| 2005 | 0.0212 million SLC per person | +4.5% |
| 2006 | 0.0215 million SLC per person | +1.1% |
| 2007 | 0.0217 million SLC per person | +1.1% |
| 2008 | 0.0224 million SLC per person | +3.3% |
| 2009 | 0.0211 million SLC per person | -6.0% |
| 2010 | 0.0222 million SLC per person | +5.4% |
| 2011 | 0.0226 million SLC per person | +1.7% |
| 2012 | 0.0234 million SLC per person | +3.6% |
| 2013 | 0.024 million SLC per person | +2.6% |
| 2014 | 0.0255 million SLC per person | +5.9% |
| 2015 | 0.0264 million SLC per person | +3.6% |
| 2016 | 0.0278 million SLC per person | +5.4% |
| 2017 | 0.0297 million SLC per person | +6.7% |
| 2018 | 0.0308 million SLC per person | +3.9% |
| 2019 | 0.0316 million SLC per person | +2.5% |
| 2020 | 0.0282 million SLC per person | -10.8% |
| 2021 | 0.0304 million SLC per person | +7.9% |
| 2022 | 0.0316 million SLC per person | +4.1% |
| 2023 | 0.0318 million SLC per person | +0.5% |
Philippines compared with similar countries
- Philippines's 0.0318 million SLC per person is above the median for upper middle income countries, which is 0.0058 million SLC per person, 5.5× the median. (54 countries reporting)
- Philippines's 0.0318 million SLC per person is above the median for East Asia & Pacific, which is 0.0078 million SLC per person, 4.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0179 million SLC per person | 0.015 million SLC per person | 0.0201 million SLC per person | 10 |
| 1980s | 0.0178 million SLC per person | 0.0158 million SLC per person | 0.0203 million SLC per person | 10 |
| 1990s | 0.017 million SLC per person | 0.0161 million SLC per person | 0.0177 million SLC per person | 10 |
| 2000s | 0.0206 million SLC per person | 0.0191 million SLC per person | 0.0224 million SLC per person | 10 |
| 2010s | 0.0264 million SLC per person | 0.0222 million SLC per person | 0.0316 million SLC per person | 10 |
| 2020s | 0.0305 million SLC per person | 0.0282 million SLC per person | 0.0318 million SLC per person | 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)
- 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 value added (total manufacturing) — value standard local currency in Philippines?
- Value added (total manufacturing) — value standard local currency in Philippines was 0.0318 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Philippines?
- The highest recorded value was 0.0318 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Philippines?
- The lowest recorded value was 0.015 million SLC per person in 1970.
- How does Philippines rank for value added (total manufacturing) — value standard local currency?
- Philippines ranks 62nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Philippines?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.