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Philippines GDP Annual Growth Rate: -9.6% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Philippines is estimated to be $327 Billion US dollars at the end of 2020.

The economy of Philippines has grown at an average annual growth rate of 2.5% in the last four years and is ranked the 9th largest economy in Asia-Pacific, ahead of Malaysia.

World Economics Rates Philippines's Offical GDP Data as Grade B

GDP Annual Growth Rate: Philippines


Source: World Bank, World Economics
0 0 0 Philippines|#FE1800|-7.01557879623546, 2.51497861151925, 3.73831030820928, 5.29280205842002, 7.10286553810295, 6.11538070947436, 6.4490598348722, 4.64063436855272, 4.65482665906518, 4.56102546838335, 1.25847269363186, 2.03590350105117, 3.49839918393234, 4.98282212348474, 3.50684745343695, 6.13114394606158, 7.06154381310782, 4.19996229248767, 2.83218458943098, 3.74051777907684, 4.75763800382072, 1.32489082785044, 1.12576783609582, 3.37857807264132, 4.23632630608086, 7.14945675000752, 6.9309883258402, 6.34148557131178, 6.11852566256255, -9.57302987461006 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,








 





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Economic Indicators: Philippines 2017 2018 2019 2020
GDP Annual Growth Rate (%) 6.9 6.3 6.1 -9.6
GDP per Capita Annual Growth Rate (%) 5.4 4.9 4.7 -10.8
Real GDP (US$ Billions, 2010) 320 340 361 327
Real GDP per Capita (US$, 2010) 3,043 3,191 3,340 2,980
Current GDP (Billions, US$) 328 347 377 361
Current GDP per Capita (US$) 3,123 3,252 3,485 3,299
Real GDP PPP (Billions, 2017) 854 908 963 872
Real GDP per Capita PPP (int$ 2017) 8,121 8,516 8,908 7,954
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