Philippines GDP - Gross Domestic Product 2024

GDP Philippines 2024

GDP grows 5.7% in Philippines

Gross Domestic Product of Philippines grew 5.7% in 2024 compared to last year. This rate is 2 -tenths of one percent higher than the figure of 5.5% published in 2023.

The GDP figure in 2024 was €426,611$461,617 million, Philippines is number 34 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Philippines rose €22,522$24,562 million with respect to 2023.

Here we show you the progression of the GDP in Philippines. You can see GDP in other countries in GDP and see all the economic information about Philippines in Philippines's economy.

Evolution: Annual GDP Philippines

Date	Annual GDP	Annual GDP	GDP Growth (%)
2024	€426,611M	$461,617M	5.7%
2023	€404,089M	$437,055M	5.5%
2022	€383,681M	$404,353M	7.6%
2021	€332,977M	$394,087M	5.7%
2020	€316,969M	$361,751M	-9.5%
2019	€336,570M	$376,823M	6.1%
2018	€293,563M	$346,842M	6.3%
2017	€290,876M	$328,481M	6.9%
2016	€287,934M	$318,627M	7.1%
2015	€276,171M	$306,446M	6.3%
2014	€223,867M	$297,484M	6.3%
2013	€213,760M	$283,903M	6.8%
2012	€203,733M	$261,920M	6.9%
2011	€168,294M	$234,217M	3.9%
2010	€157,046M	$208,369M	7.3%
2009	€126,416M	$176,132M	1.4%
2008	€123,084M	$181,007M	4.3%
2007	€113,801M	$155,980M	6.5%
2006	€101,662M	$127,653M	5.3%
2005	€86,297M	$107,420M	4.9%
2004	€76,409M	$95,002M	6.6%
2003	€76,966M	$87,039M	5.1%
2002	€89,223M	$84,307M	3.7%
2001	€88,117M	$78,921M	3.0%
2000	€90,547M	$83,667M	4.4%
1999	€80,275M	$85,640M	3.3%
1998		$74,492M	-0.5%
1997		$94,106M	5.2%
1996		$94,650M	5.9%
1995		$84,644M	4.6%
1994		$73,159M	4.4%
1993		$62,037M	2.2%
1992		$60,422M	0.4%
1991		$51,784M	-0.4%
1990		$50,508M	3.0%
1989		$48,652M	6.2%
1988		$43,293M	6.8%
1987		$37,932M	4.3%
1986		$34,129M	3.4%
1985		$34,973M	-7.3%
1984		$35,860M	-7.3%
1983		$37,953M	1.9%
1982		$42,441M	3.6%
1981		$40,735M	3.4%
1980		$37,082M	5.1%
1979		$31,218M	5.6%
1978		$25,762M	5.2%
1977		$22,283M	5.6%
1976		$19,381M	8.8%
1975		$16,875M	5.5%
1974		$15,608M	3.4%
1973		$11,412M	8.8%
1972		$9,068M	5.4%
1971		$8,375M	5.4%
1970		$7,559M	3.7%
1969		$9,572M	4.7%
1968		$8,633M	5.0%
1967		$7,725M	5.2%
1966		$7,189M	4.4%
1965		$6,517M	5.3%
1964		$5,954M	3.4%
1963		$5,505M	7.0%
1962		$4,955M	4.8%
1961		$8,171M	5.7%
1960		$7,516M

Evolution: GDP per capita Philippines

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2024	€3,770	$4,079	4.4%	4.4%
2023	€3,611	$3,905	4.4%	7.2%
2022	€3,458	$3,645	14.3%	1.8%
2021	€3,025	$3,580	4.2%	8.1%
2020	€2,903	$3,313	-7.5%	-5.7%
2019	€3,137	$3,512	13.0%	7.1%
2018	€2,776	$3,280	-0.6%	4.0%
2017	€2,792	$3,153	-0.6%	1.5%
2016	€2,808	$3,108	2.5%	2.3%
2015	€2,739	$3,039	21.5%	1.5%
2014	€2,254	$2,996	3.1%	3.2%
2013	€2,186	$2,903	3.3%	6.7%
2012	€2,117	$2,721	19.1%	10.0%
2011	€1,777	$2,473	5.4%	10.6%
2010	€1,686	$2,237	22.1%	16.3%
2009	€1,381	$1,924	0.9%	-4.4%
2008	€1,368	$2,012	6.3%	14.0%
2007	€1,287	$1,765	9.9%	20.0%
2006	€1,171	$1,471	15.6%	16.6%
2005	€1,013	$1,261	10.8%	10.9%
2004	€915	$1,137	-2.7%	7.0%
2003	€940	$1,063	-15.5%	1.2%
2002	€1,112	$1,050	-0.8%	4.6%
2001	€1,121	$1,004	-4.7%	-7.7%
2000	€1,177	$1,087	12.9%	-2.3%
1999	€1,043	$1,112		12.5%
1998		$988		-22.8%
1997		$1,280		-2.8%
1996		$1,316		6.4%
1995		$1,237		13.0%
1994		$1,095		15.3%
1993		$950		0.3%
1992		$947		14.0%
1991		$830		0.2%
1990		$829		1.5%
1989		$817		9.8%
1988		$744		11.6%
1987		$667		8.4%
1986		$615		-4.7%
1985		$646		-4.8%
1984		$678		-7.8%
1983		$736		-12.8%
1982		$843		1.7%
1981		$830		7.1%
1980		$774		16.1%
1979		$667		18.0%
1978		$565		12.6%
1977		$502		12.0%
1976		$449		12.0%
1975		$401		5.7%
1974		$379		33.8%
1973		$283		23.1%
1972		$230		5.8%
1971		$217		8.2%
1970		$201		-23.1%
1969		$261		7.8%
1968		$242		8.6%
1967		$223		4.3%
1966		$214		7.1%
1965		$200		6.2%
1964		$188		4.8%
1963		$179		7.7%
1962		$167		-41.3%
1961		$284		5.3%
1960		$269

Evolution: GDP growth rate at constant prices Philippines

Evolution: GDP per capita Philippines

GDP Philippines