Philippines GDP Forecast: $455 Billion in 2024, $482.9 Billion projected for 2025 (Constant 2015 Prices).
GDP in Philippines is estimated to be $455 Billion US dollars at the end of 2024 in Real GDP terms.
Looking ahead to 2025, projections suggest Philippines's 2025 GDP estimate could be $482.9 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 11.2% in the last four years and is ranked the 14th largest economy in Asia-Pacific, ahead of Malaysia.