Philippines GDP Per Capita Growth Rate: 5.7%

GROSS DOMESTIC PRODUCT PER CAPITA (ANNUAL RATE OF GROWTH, 2024)

Real GDP in Philippines is estimated to be $455 Billion US dollars at the end of 2024.

The economy of Philippines has grown at an average annual growth rate of 6.1% 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|2.38898324373426, 1.56260048747083, 3.69778991010874, 0.23829895771317, 2.17335619647653, 1.35968615379231, 2.17082931973482, 2.04065409923125, 1.76972024779292, 1.04270981982739, 2.93626198130279, 3.0496202884932, 6.39123697222152, 1.18427179476149, 3.08154138243265, 6.05737004342011, 2.78762392929117, 2.40576946807558, 2.81661362678503, 2.49286419319625, 0.76284099342007, 0.867465796757003, -1.02930125522077, -9.6893871955885, -9.36657778201814, 0.89378143868592, 1.6478210267821, 3.87219308289008, 3.53872016674441, 0.476020888521106, -2.7987132409376, -1.93397839592187, -0.245903974024316, 2.12244103611494, 2.3606395486743, 3.44957899709138, 2.74055980419841, -2.98474954559696, 0.738331283023413, 1.92827954905808, 0.800810539451106, 1.63440956717702, 3.02447664962099, 4.51829535753411, 3.00922096669444, 3.55972238279863, 4.68750495300476, 2.51657128580275, -0.362955289837316, 5.15869430746605, 1.83760513776596, 4.84076533717076, 4.76266634065865, 4.61514068050867, 4.78725055611426, 5.72121486171824, 5.56223020604317, 5.03429067060601, 4.83577546554135, -10.5488615067566, 4.76163916493006, 6.76595410569132, 4.69438183281208, 5.7357559338516 1961, 1962, 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
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
Real GDP (US$ Billions, 2010) 379 408 430 455
Real GDP per Capita (US$, 2010) 3,351 3,578 3,746 3,960
Current GDP (Billions, US$) 394 404 437 462
Current GDP per Capita (US$) 3,484 3,548 3,805 4,023
Real GDP PPP (Billions, 2017) 1,002 1,084 1,144 1,210
Real GDP per Capita PPP (int$ 2017) 8,301 8,723 9,044 9,631
Data Quality Rating for Philippines See how much you can trust Philippines's GDP Data





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