Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines
Philippines: Value Added (Total Manufacturing) — Value Standard Local Currency was 0 million SLC per US$ of GDP in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Philippines stood at 0 million SLC per US$ of GDP. That is the lowest value across all 54 years on record.
The figure is down 6.2% on the previous year and down 3.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Philippines peaked at 0.0001 million SLC per US$ of GDP in 1970 and was at its lowest, 0 million SLC per US$ of GDP, in 2023.
Philippines ranks 52nd of 193 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per US$ of GDP | — |
| 1971 | 0.0001 million SLC per US$ of GDP | -3.7% |
| 1972 | 0.0001 million SLC per US$ of GDP | -2.5% |
| 1973 | 0.0001 million SLC per US$ of GDP | -8.4% |
| 1974 | 0 million SLC per US$ of GDP | -25.0% |
| 1975 | 0 million SLC per US$ of GDP | -6.5% |
| 1976 | 0 million SLC per US$ of GDP | -8.6% |
| 1977 | 0 million SLC per US$ of GDP | -7.7% |
| 1978 | 0 million SLC per US$ of GDP | -7.6% |
| 1979 | 0 million SLC per US$ of GDP | -14.2% |
| 1980 | 0 million SLC per US$ of GDP | -12.0% |
| 1981 | 0 million SLC per US$ of GDP | -7.9% |
| 1982 | 0 million SLC per US$ of GDP | -2.9% |
| 1983 | 0 million SLC per US$ of GDP | +10.0% |
| 1984 | 0 million SLC per US$ of GDP | -3.4% |
| 1985 | 0 million SLC per US$ of GDP | -0.5% |
| 1986 | 0 million SLC per US$ of GDP | +4.9% |
| 1987 | 0 million SLC per US$ of GDP | -5.5% |
| 1988 | 0 million SLC per US$ of GDP | -4.1% |
| 1989 | 0 million SLC per US$ of GDP | -7.0% |
| 1990 | 0 million SLC per US$ of GDP | -1.8% |
| 1991 | 0 million SLC per US$ of GDP | -1.7% |
| 1992 | 0 million SLC per US$ of GDP | -15.9% |
| 1993 | 0 million SLC per US$ of GDP | -2.2% |
| 1994 | 0 million SLC per US$ of GDP | -11.5% |
| 1995 | 0 million SLC per US$ of GDP | -8.2% |
| 1996 | 0 million SLC per US$ of GDP | -6.1% |
| 1997 | 0 million SLC per US$ of GDP | +3.9% |
| 1998 | 0 million SLC per US$ of GDP | +25.0% |
| 1999 | 0 million SLC per US$ of GDP | -10.7% |
| 2000 | 0 million SLC per US$ of GDP | +16.8% |
| 2001 | 0 million SLC per US$ of GDP | +8.9% |
| 2002 | 0 million SLC per US$ of GDP | -2.9% |
| 2003 | 0 million SLC per US$ of GDP | +0.8% |
| 2004 | 0 million SLC per US$ of GDP | -4.6% |
| 2005 | 0 million SLC per US$ of GDP | -5.9% |
| 2006 | 0 million SLC per US$ of GDP | -13.5% |
| 2007 | 0 million SLC per US$ of GDP | -15.8% |
| 2008 | 0 million SLC per US$ of GDP | -9.7% |
| 2009 | 0 million SLC per US$ of GDP | -1.2% |
| 2010 | 0 million SLC per US$ of GDP | -9.2% |
| 2011 | 0 million SLC per US$ of GDP | -7.7% |
| 2012 | 0 million SLC per US$ of GDP | -5.5% |
| 2013 | 0 million SLC per US$ of GDP | -3.5% |
| 2014 | 0 million SLC per US$ of GDP | +2.7% |
| 2015 | 0 million SLC per US$ of GDP | +2.1% |
| 2016 | 0 million SLC per US$ of GDP | +2.8% |
| 2017 | 0 million SLC per US$ of GDP | +4.8% |
| 2018 | 0 million SLC per US$ of GDP | -0.4% |
| 2019 | 0 million SLC per US$ of GDP | -4.5% |
| 2020 | 0 million SLC per US$ of GDP | -6.0% |
| 2021 | 0 million SLC per US$ of GDP | -0.1% |
| 2022 | 0 million SLC per US$ of GDP | +2.2% |
| 2023 | 0 million SLC per US$ of GDP | -6.2% |
Philippines compared with similar countries
- Philippines's 0 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 9.5× the median. (54 countries reporting)
- Philippines's 0 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 20.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Philippines?
- Value added (total manufacturing) — value standard local currency in Philippines was 0 million SLC per US$ of GDP 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 0.0001 million SLC per US$ of GDP in 1970.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Philippines?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2023.
- How does Philippines rank for value added (total manufacturing) — value standard local currency?
- Philippines ranks 52nd out of 193 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 down 3.3%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.