Philippines GDP: $462 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Philippines GDP Forecast: $462 Billion in 2024, $490.5 Billion projected for 2025 (Current Market Prices).

GDP in Philippines is estimated to be $462 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Philippines's 2025 GDP estimate could be $490.5 Billion. This Philippines GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 6.1%.

The economy of Philippines has grown at an average annual growth rate of 10.5% in the last four years and is ranked the 14th largest economy in Asia-Pacific, ahead of Malaysia.

See the full Philippines data sheet covering Economics, Demographics and ESG

Current GDP (US$): Philippines


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Philippines|#FE1800|5505023238.40669, 5953756194.80988, 6517349771.93386, 7189017887.69231, 7724873935.1282, 8632749269.48718, 9571800652.5641, 7559115516.69532, 8375075629.8327, 9067815521.3262, 11412449735.3056, 15607882555.2916, 16875240683.5083, 19381055197.2794, 22283109803.3521, 25762224562.6316, 31218296292.1295, 36848080898.8112, 40499388869.1271, 42206011275.1756, 37759179894.5298, 35730185633.5233, 34961486348.2382, 33987207294.9432, 37791488666.0743, 43152128958.6116, 48513773720.673, 50508286641.5746, 51784144942.727, 60422328242.1803, 62036529147.1831, 73159336915.2718, 84644328727.4825, 94648084429.0341, 94106317565.0846, 74492416329.9142, 85640171045.1254, 83669788254.7279, 78921234457.5487, 84307345887.543, 87039092974.2272, 95001999685.3314, 107419977318.166, 127652926368.069, 155980408673.403, 181624626327.361, 175974755881.372, 208368893151.144, 234216730295.938, 261920540972.102, 283902828581.65, 297483555344.802, 306445871246.718, 318627003012.52, 328480736798.792, 346841896583.515, 376823402244.928, 361751145451.597, 394087359848.11, 404353369604.631, 437146372729.942, 462299775016.823 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Philippines 2021 2022 2023 2024
Current GDP (Billions, US$) 394 404 437 462
Current GDP per Capita (US$) 3,484 3,548 3,805 4,023
Real GDP (US$ Billions, 2010) 379 408 430 455
Real GDP per Capita (US$, 2010) 3,351 3,578 3,746 3,960
Real GDP PPP (Billions, 2017) 1,002 1,084 1,144 1,210
Real GDP per Capita PPP (int$ 2017) 8,301 8,723 9,044 9,631
GDP Annual Growth Rate (%) 5.7 7.6 5.5 5.8
GDP per Capita Annual Growth Rate (%) 4.8 6.8 4.7 5.7
Data Quality Rating for Philippines See how much you can trust Philippines's GDP Data




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PHILIPPINES'S ECONOMICS
PHILIPPINES'S DEMOGRAPHY
PHILIPPINES'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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