GDP at market prices in Philippines

Philippines: GDP at market prices was 454.72 billion constant 2010 US$ in 2024. β—† Volatile

Latest (2024)
454.72 billion constant 2010 US$
Change on year
up 5.7%
World rank
31st
of 205 countries
All-time high
454.72 billion constant 2010 US$
in 2024
All-time low
50.74 billion constant 2010 US$
in 1970
Years of data
55
1970–2024

GDP at market prices in Philippines, 1970–2024

100.0B200.0B300.0B400.0B500.0B197019972024

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

Philippines recorded 454.72 billion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 55 years on record.

That represents a change of up 5.7% on the previous year and up 57.8% over ten years.

Over the whole period, gdp at market prices in Philippines peaked at 454.72 billion constant 2010 US$ in 2024 and was at its lowest, 50.74 billion constant 2010 US$, in 1970.

That places Philippines 31st out of 205 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 66.78 billion constant 2010 US$ 50.74 billion constant 2010 US$ 85.29 billion constant 2010 US$ 10
1980s 93.42 billion constant 2010 US$ 84.90 billion constant 2010 US$ 103.91 billion constant 2010 US$ 10
1990s 119.27 billion constant 2010 US$ 106.64 billion constant 2010 US$ 136.80 billion constant 2010 US$ 10
2000s 176.63 billion constant 2010 US$ 142.80 billion constant 2010 US$ 213.00 billion constant 2010 US$ 10
2010s 303.45 billion constant 2010 US$ 228.62 billion constant 2010 US$ 396.22 billion constant 2010 US$ 10
2020s 406.04 billion constant 2010 US$ 358.51 billion constant 2010 US$ 454.72 billion constant 2010 US$ 5

Countries ranked near Philippines

  1. 28 Egypt 482.19 billion constant 2010 US$ compare
  2. 29 Thailand 471.11 billion constant 2010 US$ compare
  3. 30 United Arab Emirates 462.40 billion constant 2010 US$ compare
  4. 32 Norway 443.94 billion constant 2010 US$ compare
  5. 33 Malaysia 422.01 billion constant 2010 US$ compare
  6. 34 Austria 418.19 billion constant 2010 US$ compare

See the full ranking of 208 places β†’

More population data for Philippines

All data for Philippines β†’

Frequently asked questions

What is gdp at market prices in Philippines?
Gdp at market prices in Philippines was 454.72 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp at market prices recorded in Philippines?
The highest recorded value was 454.72 billion constant 2010 US$ in 2024.
What is the lowest gdp at market prices recorded in Philippines?
The lowest recorded value was 50.74 billion constant 2010 US$ in 1970.
How does Philippines rank for gdp at market prices?
Philippines ranks 31st out of 205 countries with data for 2024.
Is gdp at market prices rising or falling in Philippines?
Over the last ten years it is up 57.8%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP at market prices in Philippines. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/philippines/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release