Philippines GDP: $1.210 Trillion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Philippines GDP Forecast: $1.210 Trillion in 2024, $1.284 Trillion projected for 2025 (PPP).

GDP in Philippines is estimated to be $1.210 Trillion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Philippines's 2025 GDP estimate could be $1.284 Trillion. 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 5.2% 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

Real GDP PPP (Int$): Philippines


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Philippines|#FE1800|157403075081.15, 170009484294.771, 178353214042.645, 186136949070.382, 200385917241.178, 213043609742.62, 231382007090.951, 249029104598.548, 263245014207.101, 273777608922.638, 258280730330.921, 234861978487.553, 224175599561.094, 237383186609.314, 251573849735.451, 261070490296.579, 272588306045.154, 278031788605.457, 290017482954.52, 290483280959.766, 260413519008.862, 258916117384.413, 259793187056.167, 265410079625.445, 277589668723.156, 291214708637.406, 309295746640.956, 326210967065.837, 324340436910.25, 334654199769.985, 350097791113.417, 361108834893.334, 375046519950.191, 395147312590.538, 422930589462.89, 444920823957.297, 469902816332.679, 502673572040.673, 525504027815.782, 533226875632.775, 575431930335.459, 598524395024.771, 642862297230.232, 689400493326.876, 736129929079.82, 786029517269.048, 846553493151.818, 909597596362.139, 971185163364.488, 1034480093335.04, 944572864090.697, 1001824458365.78, 1083877596157.29, 1144227900711.33, 1210066774118.26 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
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
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, 2015) 379 408 430 455
Real GDP per Capita (US$, 2015) 3,351 3,578 3,746 3,960
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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