Value Added (Total Manufacturing) — Value US$, annual growth rate in Philippines
Philippines: Value Added (Total Manufacturing) — Value US$, annual growth rate was 1.76 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Philippines, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 1.76 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.
The figure is up 716.3% on the previous year and down 54.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Philippines peaked at 31.81 % change on previous year in 1974 and was at its lowest, -22.32 % change on previous year, in 1998.
That places Philippines 156th out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.28 % change on previous year | — |
| 1972 | 10.59 % change on previous year | -30.7% |
| 1973 | 26.46 % change on previous year | +149.9% |
| 1974 | 31.81 % change on previous year | +20.2% |
| 1975 | 8.09 % change on previous year | -74.6% |
| 1976 | 13.49 % change on previous year | +66.7% |
| 1977 | 14.91 % change on previous year | +10.5% |
| 1978 | 18.31 % change on previous year | +22.8% |
| 1979 | 16.79 % change on previous year | -8.3% |
| 1980 | 20.17 % change on previous year | +20.1% |
| 1981 | 8.98 % change on previous year | -55.5% |
| 1982 | 2.32 % change on previous year | -74.2% |
| 1983 | -13.86 % change on previous year | -697.0% |
| 1984 | -3.47 % change on previous year | -75.0% |
| 1985 | -0.0244 % change on previous year | -99.3% |
| 1986 | -4.83 % change on previous year | +19703.5% |
| 1987 | 12.7 % change on previous year | -363.0% |
| 1988 | 17.5 % change on previous year | +37.8% |
| 1989 | 9.23 % change on previous year | -47.2% |
| 1990 | 4.01 % change on previous year | -56.5% |
| 1991 | 4.38 % change on previous year | +9.1% |
| 1992 | 11.67 % change on previous year | +166.6% |
| 1993 | 0.6692 % change on previous year | -94.3% |
| 1994 | 15.7 % change on previous year | +2245.4% |
| 1995 | 14.46 % change on previous year | -7.9% |
| 1996 | 10.84 % change on previous year | -25.0% |
| 1997 | -3.16 % change on previous year | -129.1% |
| 1998 | -22.32 % change on previous year | +607.3% |
| 1999 | 15.09 % change on previous year | -167.6% |
| 2000 | 3.69 % change on previous year | -75.5% |
| 2001 | -5.56 % change on previous year | -250.5% |
| 2002 | 6.08 % change on previous year | -209.5% |
| 2003 | 2.01 % change on previous year | -66.9% |
| 2004 | 5.52 % change on previous year | +174.3% |
| 2005 | 14.29 % change on previous year | +158.6% |
| 2006 | 16.68 % change on previous year | +16.7% |
| 2007 | 18.71 % change on previous year | +12.2% |
| 2008 | 17.03 % change on previous year | -9.0% |
| 2009 | -9.48 % change on previous year | -155.7% |
| 2010 | 19.39 % change on previous year | -304.5% |
| 2011 | 11.3 % change on previous year | -41.7% |
| 2012 | 9.89 % change on previous year | -12.5% |
| 2013 | 3.85 % change on previous year | -61.1% |
| 2014 | 5.5 % change on previous year | +43.0% |
| 2015 | -0.2269 % change on previous year | -104.1% |
| 2016 | 2.21 % change on previous year | -1075.1% |
| 2017 | 2.62 % change on previous year | +18.3% |
| 2018 | 3.41 % change on previous year | +30.4% |
| 2019 | 5.33 % change on previous year | +56.3% |
| 2020 | -8.45 % change on previous year | -258.4% |
| 2021 | 8.83 % change on previous year | -204.5% |
| 2022 | 0.2161 % change on previous year | -97.6% |
| 2023 | 1.76 % change on previous year | +716.3% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -19703.5% | -0.0244 % change on previous year | -4.83 % change on previous year |
| 1994 | +2245.4% | 0.6692 % change on previous year | 15.7 % change on previous year |
| 2016 | +1075.1% | -0.2269 % change on previous year | 2.21 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.3 % change on previous year | 8.09 % change on previous year | 31.81 % change on previous year | 9 |
| 1980s | 4.87 % change on previous year | -13.86 % change on previous year | 20.17 % change on previous year | 10 |
| 1990s | 5.13 % change on previous year | -22.32 % change on previous year | 15.7 % change on previous year | 10 |
| 2000s | 6.9 % change on previous year | -9.48 % change on previous year | 18.71 % change on previous year | 10 |
| 2010s | 6.33 % change on previous year | -0.2269 % change on previous year | 19.39 % change on previous year | 10 |
| 2020s | 0.5893 % change on previous year | -8.45 % change on previous year | 8.83 % change on previous year | 4 |
Countries ranked near Philippines
- 153 Colombia 1.95 % change on previous year compare
- 154 Morocco 1.92 % change on previous year compare
- 155 Saint Vincent and the Grenadines 1.85 % change on previous year compare
- 157 Vietnam 1.76 % change on previous year compare
- 157 Viet Nam 1.76 % change on previous year compare
- 159 Iceland 1.75 % change on previous year compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Philippines?
- Value added (total manufacturing) — value us$, annual growth rate in Philippines was 1.76 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Philippines?
- The highest recorded value was 31.81 % change on previous year in 1974.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Philippines?
- The lowest recorded value was -22.32 % change on previous year in 1998.
- How does Philippines rank for value added (total manufacturing) — value us$, annual growth rate?
- Philippines ranks 156th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Philippines?
- Over the last ten years it is down 54.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.