GDP in Philippines
Philippines: GDP was 22.24 trillion constant LCU in 2024. β Volatile
GDP in Philippines, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
Philippines recorded 22.24 trillion constant LCU for gdp in 2024. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 57.8% over ten years.
Over the whole period, gdp in Philippines peaked at 22.24 trillion constant LCU in 2024 and was at its lowest, 2.48 trillion constant LCU, in 1970.
Philippines ranks 33rd of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.27 trillion constant LCU | 2.48 trillion constant LCU | 4.17 trillion constant LCU | 10 |
| 1980s | 4.57 trillion constant LCU | 4.15 trillion constant LCU | 5.08 trillion constant LCU | 10 |
| 1990s | 5.83 trillion constant LCU | 5.22 trillion constant LCU | 6.69 trillion constant LCU | 10 |
| 2000s | 8.64 trillion constant LCU | 6.99 trillion constant LCU | 10.42 trillion constant LCU | 10 |
| 2010s | 14.84 trillion constant LCU | 11.18 trillion constant LCU | 19.38 trillion constant LCU | 10 |
| 2020s | 19.86 trillion constant LCU | 17.54 trillion constant LCU | 22.24 trillion constant LCU | 5 |
Countries ranked near Philippines
- 30 Mexico 25.44 trillion constant LCU compare
- 31 Madagascar 24.05 trillion constant LCU compare
- 32 United States 23.30 trillion constant LCU compare
- 34 Democratic Republic of Congo 17.26 trillion constant LCU compare
- 35 Kazakhstan 17.09 trillion constant LCU compare
- 36 Senegal 16.49 trillion constant LCU compare
More population data for Philippines
- Population growth rate by level of development -0.655 (2100)
- Projected population under age 5 5.22 million (2100)
- Population density 383.08 (2100)
- Population growth rate -0.655 (2100)
- Fertility and wanted fertility 1.89 (2024)
- Refugee population by country or territory of asylum 962 (2024)
- Fertility vs unmet contraception 1.89 (2024)
- Fertility vs contraception 1.89 (2024)
- Natural population growth 0.9783 (2023)
- Fertility rate with projections 1.92 (2023)
Frequently asked questions
- What is gdp in Philippines?
- Gdp in Philippines was 22.24 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Philippines?
- The highest recorded value was 22.24 trillion constant LCU in 2024.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 2.48 trillion constant LCU in 1970.
- How does Philippines rank for gdp?
- Philippines ranks 33rd out of 209 countries with data for 2024.
- Is gdp 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release