Value Added (Total Manufacturing) — Value US$, 2015 prices in Philippines
Philippines: Value Added (Total Manufacturing) — Value US$, 2015 prices was 80,296 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Philippines, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Philippines is 80,296 million USD, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 48.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Philippines peaked at 80,296 million USD in 2023 and was at its lowest, 12,394 million USD, in 1970.
Philippines ranks 36th of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Philippines, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 12,394 million USD | — |
| 1971 | 13,218 million USD | +6.6% |
| 1972 | 13,953 million USD | +5.6% |
| 1973 | 16,084 million USD | +15.3% |
| 1974 | 16,503 million USD | +2.6% |
| 1975 | 16,691 million USD | +1.1% |
| 1976 | 17,514 million USD | +4.9% |
| 1977 | 18,594 million USD | +6.2% |
| 1978 | 19,857 million USD | +6.8% |
| 1979 | 20,656 million USD | +4.0% |
| 1980 | 21,464 million USD | +3.9% |
| 1981 | 21,732 million USD | +1.2% |
| 1982 | 21,981 million USD | +1.1% |
| 1983 | 21,629 million USD | -1.6% |
| 1984 | 19,763 million USD | -8.6% |
| 1985 | 19,247 million USD | -2.6% |
| 1986 | 19,626 million USD | +2.0% |
| 1987 | 20,621 million USD | +5.1% |
| 1988 | 22,572 million USD | +9.5% |
| 1989 | 23,590 million USD | +4.5% |
| 1990 | 24,116 million USD | +2.2% |
| 1991 | 24,302 million USD | +0.8% |
| 1992 | 23,852 million USD | -1.9% |
| 1993 | 23,958 million USD | +0.4% |
| 1994 | 24,995 million USD | +4.3% |
| 1995 | 26,554 million USD | +6.2% |
| 1996 | 27,892 million USD | +5.0% |
| 1997 | 28,807 million USD | +3.3% |
| 1998 | 28,510 million USD | -1.0% |
| 1999 | 29,285 million USD | +2.7% |
| 2000 | 33,416 million USD | +14.1% |
| 2001 | 34,316 million USD | +2.7% |
| 2002 | 35,607 million USD | +3.8% |
| 2003 | 37,057 million USD | +4.1% |
| 2004 | 38,584 million USD | +4.1% |
| 2005 | 41,070 million USD | +6.4% |
| 2006 | 42,236 million USD | +2.8% |
| 2007 | 43,454 million USD | +2.9% |
| 2008 | 45,706 million USD | +5.2% |
| 2009 | 43,738 million USD | -4.3% |
| 2010 | 47,050 million USD | +7.6% |
| 2011 | 48,807 million USD | +3.7% |
| 2012 | 51,578 million USD | +5.7% |
| 2013 | 53,940 million USD | +4.6% |
| 2014 | 58,064 million USD | +7.6% |
| 2015 | 61,069 million USD | +5.2% |
| 2016 | 65,247 million USD | +6.8% |
| 2017 | 70,488 million USD | +8.0% |
| 2018 | 74,115 million USD | +5.1% |
| 2019 | 76,922 million USD | +3.8% |
| 2020 | 69,398 million USD | -9.8% |
| 2021 | 75,562 million USD | +8.9% |
| 2022 | 79,232 million USD | +4.9% |
| 2023 | 80,296 million USD | +1.3% |
Philippines compared with similar countries
- Philippines's 80,296 million USD is above the median for upper middle income countries, which is 4,090 million USD, 19.6× the median. (54 countries reporting)
- Philippines's 80,296 million USD is above the median for East Asia & Pacific, which is 1,228 million USD, 65.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16,546 million USD | 12,394 million USD | 20,656 million USD | 10 |
| 1980s | 21,223 million USD | 19,247 million USD | 23,590 million USD | 10 |
| 1990s | 26,227 million USD | 23,852 million USD | 29,285 million USD | 10 |
| 2000s | 39,519 million USD | 33,416 million USD | 45,706 million USD | 10 |
| 2010s | 60,728 million USD | 47,050 million USD | 76,922 million USD | 10 |
| 2020s | 76,122 million USD | 69,398 million USD | 80,296 million USD | 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Philippines?
- Value added (total manufacturing) — value us$, 2015 prices in Philippines was 80,296 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Philippines?
- The highest recorded value was 80,296 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Philippines?
- The lowest recorded value was 12,394 million USD in 1970.
- How does Philippines rank for value added (total manufacturing) — value us$, 2015 prices?
- Philippines ranks 36th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Philippines?
- Over the last ten years it is up 48.9%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).