Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines
Philippines: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0343 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Philippines stood at 0.0343 million SLC per person. That is the highest value across all 54 years on record.
That represents a change of up 3.1% on the previous year and up 42.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Philippines peaked at 0.0343 million SLC per person in 2023 and was at its lowest, 0.0003 million SLC per person, in 1970.
That places Philippines 71st out of 194 countries with data for 2023, putting it 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 person | Change |
|---|---|---|
| 1970 | 0.0003 million SLC per person | — |
| 1971 | 0.0004 million SLC per person | +22.7% |
| 1972 | 0.0004 million SLC per person | +12.2% |
| 1973 | 0.0006 million SLC per person | +25.2% |
| 1974 | 0.0007 million SLC per person | +29.6% |
| 1975 | 0.0008 million SLC per person | +12.8% |
| 1976 | 0.0009 million SLC per person | +13.6% |
| 1977 | 0.001 million SLC per person | +11.3% |
| 1978 | 0.0012 million SLC per person | +14.6% |
| 1979 | 0.0014 million SLC per person | +13.9% |
| 1980 | 0.0016 million SLC per person | +19.2% |
| 1981 | 0.0018 million SLC per person | +11.7% |
| 1982 | 0.0019 million SLC per person | +7.6% |
| 1983 | 0.0021 million SLC per person | +8.9% |
| 1984 | 0.003 million SLC per person | +40.9% |
| 1985 | 0.0032 million SLC per person | +8.4% |
| 1986 | 0.0033 million SLC per person | +1.6% |
| 1987 | 0.0036 million SLC per person | +10.8% |
| 1988 | 0.0043 million SLC per person | +17.3% |
| 1989 | 0.0047 million SLC per person | +9.8% |
| 1990 | 0.0053 million SLC per person | +13.4% |
| 1991 | 0.0061 million SLC per person | +15.2% |
| 1992 | 0.0062 million SLC per person | +1.3% |
| 1993 | 0.0064 million SLC per person | +4.5% |
| 1994 | 0.0071 million SLC per person | +10.3% |
| 1995 | 0.0077 million SLC per person | +9.0% |
| 1996 | 0.0086 million SLC per person | +10.4% |
| 1997 | 0.0091 million SLC per person | +6.3% |
| 1998 | 0.0096 million SLC per person | +5.1% |
| 1999 | 0.0103 million SLC per person | +7.2% |
| 2000 | 0.0117 million SLC per person | +14.5% |
| 2001 | 0.0125 million SLC per person | +6.6% |
| 2002 | 0.0132 million SLC per person | +5.2% |
| 2003 | 0.0138 million SLC per person | +5.1% |
| 2004 | 0.0148 million SLC per person | +7.0% |
| 2005 | 0.0163 million SLC per person | +10.3% |
| 2006 | 0.0174 million SLC per person | +6.9% |
| 2007 | 0.0183 million SLC per person | +4.9% |
| 2008 | 0.0202 million SLC per person | +10.4% |
| 2009 | 0.0193 million SLC per person | -4.4% |
| 2010 | 0.0214 million SLC per person | +10.7% |
| 2011 | 0.0224 million SLC per person | +4.8% |
| 2012 | 0.0235 million SLC per person | +5.1% |
| 2013 | 0.0241 million SLC per person | +2.4% |
| 2014 | 0.0262 million SLC per person | +8.6% |
| 2015 | 0.0264 million SLC per person | +0.8% |
| 2016 | 0.0278 million SLC per person | +5.3% |
| 2017 | 0.0299 million SLC per person | +7.5% |
| 2018 | 0.0319 million SLC per person | +6.7% |
| 2019 | 0.0326 million SLC per person | +2.4% |
| 2020 | 0.0283 million SLC per person | -13.3% |
| 2021 | 0.0303 million SLC per person | +7.0% |
| 2022 | 0.0333 million SLC per person | +10.0% |
| 2023 | 0.0343 million SLC per person | +3.1% |
Philippines compared with similar countries
- Philippines's 0.0343 million SLC per person is above the median for upper middle income countries, which is 0.0119 million SLC per person, 2.9× the median. (54 countries reporting)
- Philippines's 0.0343 million SLC per person is above the median for East Asia & Pacific, which is 0.0097 million SLC per person, 3.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +40.9% | 0.0021 million SLC per person | 0.003 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0008 million SLC per person | 0.0003 million SLC per person | 0.0014 million SLC per person | 10 |
| 1980s | 0.0029 million SLC per person | 0.0016 million SLC per person | 0.0047 million SLC per person | 10 |
| 1990s | 0.0076 million SLC per person | 0.0053 million SLC per person | 0.0103 million SLC per person | 10 |
| 2000s | 0.0158 million SLC per person | 0.0117 million SLC per person | 0.0202 million SLC per person | 10 |
| 2010s | 0.0266 million SLC per person | 0.0214 million SLC per person | 0.0326 million SLC per person | 10 |
| 2020s | 0.0315 million SLC per person | 0.0283 million SLC per person | 0.0343 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 0.0343 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 0.0343 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 0.0003 million SLC per person in 1970.
- How does Philippines rank for value added (total manufacturing) — value standard local currency?
- Philippines ranks 71st 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 42.3%. 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.