Gross Domestic Product of Philippines fell -9.5% in 2020 compared to last year. This rate is 155 -tenths of one percent less than the previous year, when changed 6%.
The GDP figure in 2020 was €317,513$362,243 million, Philippines is number 36 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Philippines dropped €19,064$14,552 million with respect to 2019.
The GDP per capita of Philippines in 2020 was €2,919$3,330, €218$182 less than in 2019, when it was €3,137$3,512. 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 2010 when the GDP per capita in Philippines was €1,689$2,237.
If we order the countries according to their GDP per capita, Philippines is in 133th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.