Philippines GDP Per Capita Growth Rate: 5.0%

GROSS DOMESTIC PRODUCT PER CAPITA (ANNUAL RATE OF GROWTH, 2023)

Real GDP in Philippines is estimated to be $422 Billion US dollars at the end of 2023.

The economy of Philippines has grown at an average annual growth rate of 4.3% in the last four years and is ranked the 14th largest economy in Asia-Pacific, ahead of Malaysia.

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

GDP Per Capita Annual Growth Rate: Philippines


Source: World Bank, World Economics
0 0 0 Philippines|#FE1800|2.78012628876003, 6.10661340310136, 0.941189589306575, 2.94852656070672, 6.07626359720508, 2.79152401119511, 2.34033689006361, 2.76614815401078, 2.45157475845419, 0.799595996740664, 1.13499832291846, -0.602998266515414, -9.28939349956119, -9.06352428667519, 1.11766728157082, 1.98913848344708, 4.2622200205799, 3.76201259656534, 0.685480244973476, -2.7752170603556, -1.92196146186349, -0.199032508767814, 1.95609187353381, 2.20762823047764, 3.33190268578069, 2.62054542260543, -2.88208675887925, 0.964850757882616, 2.09401888916523, 0.890742890768067, 1.59883528105142, 2.98718961508722, 4.47246455926522, 2.93061028885407, 3.35080900793881, 4.54552513369286, 2.41093432953198, -0.401300433448426, 5.41803030350513, 2.02421992128356, 5.04933014948834, 4.96480133626616, 4.64233602902742, 4.5872182520117, 5.26557127360934, 5.06439325314665, 4.54870091836248, 4.37652555236315, -10.978194139332, 4.13510874396911, 6.468, 5.019 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,








 





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Economic Indicators: Philippines 2020 2021 2022 2023
GDP Annual Growth Rate (%) 5.7 6.5 5.0
GDP per Capita Annual Growth Rate (%) 4.1 6.5 5.0
Real GDP (US$ Billions, 2010) 359 379 398 422
Real GDP per Capita (US$, 2010) 3,328 3,495 3,705
Current GDP (Billions, US$) 362 394 414 439
Current GDP per Capita (US$) 3,224 3,461 3,634 3,853
Real GDP PPP (Billions, 2017) 872 922 981 1,031
Real GDP per Capita PPP (int$ 2017) 7,958 8,301 8,723 9,044
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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