Gross Domestic Product of Philippines grew 6.2% in 2018 compared to last year. This rate is 5 -tenths of one percent less than the figure of 6.7% published in 2017.
The GDP figure in 2018 was €280,119$330,910 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 €2,661$17,290 million with respect to 2017.
The GDP per capita of Philippines in 2018 was €2,626$3,103, €18$114 less than in 2017, when it was €2,644$2,989. 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 2008 when the GDP per capita in Philippines was €1,325$1,941.
If we order the countries according to their GDP per capita, Philippines is in 134th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.