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Philippines GDP Data: Value, Growth Rate, Per Capita and Structure

Philippines GDP Indicators

Indicator Data Period
GDP Value 404 USD Billion 2022
GDP Annual Growth Rate 4.3 % 2Q/23
GDP Growth Rate -0.9 % 2Q/23
GDP per capita 3528 USD 2022
GDP Constant Prices 5207087 PHP Million | 5207.087 B USD 2Q/23
GDP per capita PPP 8582 USD 2022
GDP From Agriculture  417469 PHP Million | 417.469 B USD 2Q/23
GDP From Construction  924339 PHP Million | 924.339 B USD 2Q/23
GDP From Manufacturing  914415 PHP Million | 914.415 B USD 2Q/23
GDP From Mining  41740 PHP Million | 41.74 B USD 2Q/23
GDP From Public Administration  286183 PHP Million | 286.183 B USD 2Q/23
GDP From Services  3234491 PHP Million | 3234.491 B USD 2Q/23
GDP From Transport  165385 PHP Million | 165.385 B USD 2Q/23
GDP From Utilities  172227 PHP Million | 172.227 B USD 2Q/23


Latest data on GDP Value (USD Billion)

GDP Value
                     Philippines - Historical Data (USD Billion)

What is Philippines GDP Value?

  • The volume of Gross Domestic Product in Philippines increased to 404 USD Billion in 2022. The maximum volume was 377 USD Billion and minimum was 4.4 USD Billion.
  • Data published Yearly by World Bank.

Historical Data (USD Billion) by years

Data
Period
Date
404 2022 30.06.2023
394 2021 06.07.2022
361 2020 02.07.2021
377 2019 06.03.2020
331 2018 04.07.2019
313.6 2017 05.07.2018
304 2016 19.06.2018
292.8 2015 31.12.2015


Historical Chart by presidents (USD Billion)

GDP Value in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 304.9000 304.0000 304.9000 304.0000 -0.30%
Benigno Aquino 30.06.2010 - 30.06.2016 199.5900 292.8000 292.8000 199.5900 46.70%
Gloria Macapagal 20.01.2001 - 30.06.2010 76.3000 168.3300 174.2000 76.3000 120.62%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 72.2000 81.0000 83.0000 72.2000 12.19%
Fidel V. Ramos 30.06.1992 - 30.06.1998 53.0000 82.3000 82.8000 53.0000 55.28%
Corazon C. Aquino 25.02.1986 - 30.06.1992 29.9000 45.4000 45.4000 29.9000 51.84%


Latest data on GDP Annual Growth Rate (%)

GDP Annual Growth Rate
                     Philippines - Historical Data (%)

What is annual GDP growth rate in Philippines?

  • GDP Annual Growth Rate in Philippines increased by 4.3 % in the second quarter of 2023. The maximum growth was 12.4 % and minimum was -17 %
  • Data published Quarterly by Statistics Authority.

Historical Data (%) by years

Data
Period
Date
4.3 2Q/23 10.08.2023
6.4 1Q/23 11.05.2023
7.1 4Q/22 26.01.2023
7.6 3Q/22 10.11.2022
7.4 2Q/22 09.08.2022
8.2 1Q/22 12.05.2022
7.7 4Q/21 27.01.2022
6.9 3Q/21 18.01.2022


Historical Chart by YoY presidents (%)

GDP Annual Growth Rate in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 7.1000 6.8000 7.1000 6.4000 -4.23%
Benigno Aquino 30.06.2010 - 30.06.2016 8.9000 6.9000 8.9000 3.1000 -22.47%
Gloria Macapagal 20.01.2001 - 30.06.2010 2.5000 8.4000 8.4000 0.5000 236.00%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 -0.8000 3.7000 5.5000 -3.1000 -562.50%
Fidel V. Ramos 30.06.1992 - 30.06.1998 -0.3000 1.8000 6.6000 -0.8000 -700.00%
Corazon C. Aquino 25.02.1986 - 30.06.1992 -0.1000 2.2000 12.4000 -1.9000 -2300.00%


Latest data on GDP Growth Rate (%)

GDP Growth Rate
                     Philippines - Historical Data (%)

What is Philippines GDP Growth Rate 2024?

  • GDP Growth Rate in Philippines decreased by 0.9 % in the second quarter of 2023 over the previous quarter. The maximum growth rate was 8 % and minimum was -14.9 %.
  • Data published Quarterly by Statistics Authority.

Historical Data (%) by years

Data
Period
Date
-0.9 2Q/23 10.08.2023
1.1 1Q/23 11.05.2023
2.4 4Q/22 26.01.2023
2.9 3Q/22 10.11.2022
-0.1 2Q/22 09.08.2022
1.9 1Q/22 12.05.2022
3.1 4Q/21 27.01.2022
3.8 3Q/21 18.01.2022


Historical Chart by QoQ presidents (%)

GDP Growth Rate in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 1.8000 1.5000 1.8000 1.3000 -16.67%
Benigno Aquino 30.06.2010 - 30.06.2016 1.9000 1.5000 2.6000 0.5000 -21.05%
Gloria Macapagal 20.01.2001 - 30.06.2010 0.3000 3.4000 3.4000 -2.3000 1033.33%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 -1.7000 -1.7000 2.1000 -1.7000 0.00%


Latest data on GDP per capita (USD)

GDP per capita
                     Philippines - Historical Data (USD)

What is Philippines GDP per capita?

  • GDP per capita in Philippines increased to 3528 USD in 2022. The maximum level was 3340 USD and minimum was 1100 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
3528 2022 30.06.2023
3328 2021 12.07.2022
3272 2020 02.07.2021
3338 2019 08.07.2020
3022 2018 04.07.2019
2891.36 2017 07.07.2018
2753.3 2016 11.08.2017
2615.7 2015 31.12.2015


Historical Chart by presidents (USD)

GDP per capita in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 2753.3000 2753.3000 2753.3000 2753.3000 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 2129.5000 2615.7000 2615.7000 2129.5000 22.83%
Gloria Macapagal 20.01.2001 - 30.06.2010 1619.0000 2010.8000 2020.2000 1619.0000 24.20%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 1559.2000 1607.2000 1607.2000 1559.2000 3.08%
Fidel V. Ramos 30.06.1992 - 30.06.1998 1448.9000 1603.2000 1603.2000 1444.6000 10.65%
Corazon C. Aquino 25.02.1986 - 30.06.1992 1390.0000 1479.7000 1525.8000 1390.0000 6.45%


Latest data on GDP Constant Prices (PHP Million)

GDP Constant Prices
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP in Constant Prices?

  • Real GDP (Constant Prices) in Philippines increased to 5207087 PHP Million (5207.087 B USD) in the second quarter of 2023. The maximum value was 5260228 PHP Million and minimum was 487414 PHP Million.
  • Data published Quarterly by Statistics Authority.

Historical Data (PHP Million) by years

Data
Period
Date
5207087 2Q/23 10.08.2023
4907180 1Q/23 11.05.2023
5577338 4Q/22 26.01.2023
4761926 3Q/22 10.11.2022
4990139 2Q/22 09.08.2022
4618133 1Q/22 12.05.2022
5195219 4Q/21 27.01.2022
4428969 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP Constant Prices in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita PPP (USD)

GDP per capita PPP
                     Philippines - Historical Data (USD)

What is Philippines GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Philippines increased to 8582 USD in 2022. The maximum level was 8915 USD and minimum was 4007 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
8582 2022 30.06.2023
8095 2021 06.07.2022
7954 2020 02.07.2021
8908 2019 06.07.2020
7942 2018 29.10.2019
7599 2017 04.07.2019


Historical Chart by presidents (USD)

GDP per capita PPP in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Agriculture  (PHP Million)

GDP From Agriculture 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Agriculture?

  • GDP From Agriculture in Philippines decreased to 417469 PHP Million (417.469 B USD) in the second quarter of 2023. The maximum level was 519641 PHP Million and minimum was 114778 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
417469 2Q/23 10.08.2023
444620 1Q/23 11.05.2023
552393 4Q/22 26.01.2023
407066 3Q/22 10.11.2022
416885 2Q/22 09.08.2022
434737 1Q/22 12.05.2022
527005 4Q/21 27.01.2022
398213 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Agriculture  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Construction  (PHP Million)

GDP From Construction 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Construction?

  • GDP from Construction in Philippines increased to 924339 PHP Million (924.339 B USD) in the second quarter of 2023. The maximum level was 3089208 PHP Million and minimum was 23906 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
924339 2Q/23 10.08.2023
612106 1Q/23 11.05.2023
740086 4Q/22 26.01.2023
311349 3Q/22 10.11.2022
413485 2Q/22 09.08.2022
253598 1Q/22 12.05.2022
385926 4Q/21 27.01.2022
274240 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Construction  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Manufacturing  (PHP Million)

GDP From Manufacturing 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Manufacturing?

  • GDP from Manufacturing in Philippines remained unchanged at 914415 PHP Million (914.415 B USD) in the second quarter of 2023. The maximum volume was 974013 PHP Million and minimum was 252377 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
914415 2Q/23 10.08.2023
987887 1Q/23 11.05.2023
1096325 4Q/22 26.01.2023
760883 3Q/22 10.11.2022
901888 2Q/22 09.08.2022
974740 1Q/22 12.05.2022
1051732 4Q/21 27.01.2022
729091 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Manufacturing  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Mining  (PHP Million)

GDP From Mining 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Mining?

  • GDP from Mining  in Philippines decreased to 41740 PHP Million (41.74 B USD) in the second quarter of 2023. The maximum volume was 43890 PHP Million and minimum was 10394 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
41740 2Q/23 10.08.2023
43127 1Q/23 11.05.2023
35083 4Q/22 26.01.2023
29331 3Q/22 10.11.2022
43026 2Q/22 09.08.2022
42851 1Q/22 12.05.2022
33709 4Q/21 27.01.2022
25337 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Mining  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Public Administration  (PHP Million)

GDP From Public Administration 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Public Administration?

  • GDP from Public Administration  in Philippines increased to 286183 PHP Million (286.183 B USD) in the second quarter of 2023. The maximum level was 255111 PHP Million and minimum was 43289 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
286183 2Q/23 10.08.2023
209815 1Q/23 11.05.2023
272863 4Q/22 26.01.2023
226227 3Q/22 10.11.2022
292761 2Q/22 09.08.2022
207445 1Q/22 12.05.2022
259741 4Q/21 27.01.2022
224113 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Public Administration  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Services  (PHP Million)

GDP From Services 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Services?

  • GDP from Services  in Philippines increased to 3234491 PHP Million (3234.491 B USD) in the second quarter of 2023. The maximum level was 2830158 PHP Million and minimum was 675417 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
3234491 2Q/23 10.08.2023
2996208 1Q/23 11.05.2023
3351674 4Q/22 26.01.2023
3074151 3Q/22 10.11.2022
3050535 2Q/22 09.08.2022
2766870 1Q/22 12.05.2022
3047108 4Q/21 27.01.2022
2829856 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Services  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Transport  (PHP Million)

GDP From Transport 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Transport?

  • GDP from Transport  in Philippines decreased to 165385 PHP Million (165.385 B USD) in the second quarter of 2023. The maximum level was 168036 PHP Million and minimum was 34828 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
165385 2Q/23 31.08.2023
194800 1Q/23 11.05.2023
196947 4Q/22 26.01.2023
169972 3Q/22 10.11.2022
140424 2Q/22 09.08.2022
170879 1Q/22 12.05.2022
163145 4Q/21 27.01.2022
136562 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Transport  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP From Utilities  (PHP Million)

GDP From Utilities 
                     Philippines - Historical Data (PHP Million)

What is Philippines GDP From Utilities?

  • GDP from Utilities  in Philippines increased to 172227 PHP Million (172.227 B USD) in the second quarter of 2023. The maximum level was 167303 PHP Million and minimum was 42117 PHP Million
  • Data published Quarterly by National Statistical Coordination Board.

Historical Data (PHP Million) by years

Data
Period
Date
172227 2Q/23 10.08.2023
154939 1Q/23 11.05.2023
158160 4Q/22 26.01.2023
179147 3Q/22 10.11.2022
164401 2Q/22 09.08.2022
145338 1Q/22 12.05.2022
149740 4Q/21 27.01.2022
172171 3Q/21 18.01.2022


Historical Chart by presidents (PHP Million)

GDP From Utilities  in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other gdp indicators in Philippines

Index Updated Actual Previous
Gross National Product 2Q/23 5643.038 B USD 5592.473

GDP Value in other countries

Country Updated Actual Previous
Bangladesh 2022 460 B USD 416
Jordan 2022 47.45 B USD 45.12
Kyrgyzstan 2022 10.93 B USD 8.74
Mongolia 2022 16.81 B USD 15.29
Nepal 2022 40.83 B USD 36.92
Palestine 2022 19.11 B USD 18.11
Tajikistan 2022 10.49 B USD 8.94
Cambodia 2022 29.96 B USD 26.96
China 2022 17963 B USD 17820
Georgia 2022 24.61 B USD 18.63
India 2022 3385 B USD 3150
Israel 2022 522 B USD 489
Pakistan 2022 377 B USD 348
South Korea 2022 1665 B USD 1811
Taiwan 2021 775 B USD 669
Vietnam 2022 409 B USD 366
Maldives 2022 6.19 B USD 5.41
Armenia 2022 19.5 B USD 13.86
Hong Kong 2022 360 B USD 369
Indonesia 2022 1319 B USD 1187
Japan 2022 4231 B USD 5006
Kazakhstan 2022 221 B USD 197
Lebanon 2021 23.13 B USD 31.71
Macau 2022 21.98 B USD 30.12
Malaysia 2022 406 B USD 373
Philippines 2022 404 B USD 394
Qatar 2022 237 B USD 180
Singapore 2022 467 B USD 424
Sri Lanka 2022 74.4 B USD 88.5
Thailand 2022 495 B USD 506
Oman 2022 115 B USD 88.19
Iran 2022 389 B USD 359
Laos 2022 15.72 B USD 18.83
Azerbaijan 2022 78.72 B USD 54.83
Kuwait 2022 185 B USD 137
Saudi Arabia 2022 1108 B USD 869
Bahrain 2022 44.39 B USD 39.3
North Korea 2015 16.12 B USD 0
United Arab Emirates 2022 508 B USD 415
Yemen 2021 21.06 B USD 18.84
Turkmenistan 2020 45.61 B USD 44.22
Uzbekistan 2022 80.39 B USD 69.6
Iraq 2022 264 B USD 208
Syria 2012 73.67 B USD 59.15
Afghanistan 2021 14.58 B USD 20.14
Bhutan 2021 2.54 B USD 2.33
Brunei 2022 16.68 B USD 14.01
Mauritius 2022 12.9 B USD 11.48