Gross Domestic Product of Philippines grew 7.1% in 2016 compared to last year. This rate is 8 -tenths of one percent higher than the figure of 6.3% published in 2015.
The GDP figure in 2016 was €287,934$318,627 million, Philippines is number 37 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Philippines rose €11,763$12,181 million with respect to 2015.
The GDP per capita of Philippines in 2016 was €2,808$3,108, €69$69 higher than in 2015, it was €2,739$3,039. 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 2006 when the GDP per capita in Philippines was €1,171$1,471.
If we order the countries according to their GDP per capita, Philippines is in 130th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.
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.