Gross Domestic Product of Philippines grew 5.7% in 2021 compared to last year. This rate is 152 -tenths of one percent higher than the figure of -9.5% published in 2020.
The GDP figure in 2021 was €332,976$394,086 million, Philippines is number 39 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Philippines rose €16,007$32,335 million with respect to 2020.
The GDP per capita of Philippines in 2021 was €3,022$3,576, €108$250 higher than in 2020, it was €2,914$3,326. 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 2011 when the GDP per capita in Philippines was €1,777$2,473.
If we order the countries according to their GDP per capita, Philippines is in 128th 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.