Gross Domestic Product of Philippines grew 6.7% in 2017 compared to last year. This rate is 2 -tenths of one percent less than the figure of 6.9% published in 2016.
The GDP figure in 2017 was €277,436$313,595 million, Philippines is number 40 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Philippines rose €1,921$8,706 million with respect to 2016.
The GDP per capita of Philippines in 2017 was €2,644$2,989, €25$36 less than in 2016, when it was €2,669$2,953. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2007 when the GDP per capita in Philippines was €1,233$1,684.
If we order the countries according to their GDP per capita, Philippines is in 132th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.