GDP in Philippines

Philippines: GDP was 26.45 trillion current LCU in 2024. β—† Volatile

Latest (2024)
26.45 trillion current LCU
Change on year
up 8.8%
World rank
42nd
of 208 countries
All-time high
26.45 trillion current LCU
in 2024
All-time low
44.63 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Philippines, 1970–2024

010.0T20.0T30.0T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in Philippines is 26.45 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 8.8% on the previous year and up 100.2% over ten years.

Over the whole period, gdp in Philippines peaked at 26.45 trillion current LCU in 2024 and was at its lowest, 44.63 billion current LCU, in 1970.

That places Philippines 42nd out of 208 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 119.36 billion current LCU 44.63 billion current LCU 230.31 billion current LCU 10
1980s 605.89 billion current LCU 276.78 billion current LCU 1.05 trillion current LCU 10
1990s 2.16 trillion current LCU 1.23 trillion current LCU 3.35 trillion current LCU 10
2000s 5.82 trillion current LCU 3.70 trillion current LCU 8.39 trillion current LCU 10
2010s 13.93 trillion current LCU 9.40 trillion current LCU 19.52 trillion current LCU 10
2020s 22.03 trillion current LCU 17.95 trillion current LCU 26.45 trillion current LCU 5

Countries ranked near Philippines

  1. 39 Cameroon 31.12 trillion current LCU compare
  2. 40 Sri Lanka 29.90 trillion current LCU compare
  3. 41 United States 29.18 trillion current LCU compare
  4. 43 Senegal 19.57 trillion current LCU compare
  5. 44 Malawi 19.14 trillion current LCU compare
  6. 45 Rwanda 18.79 trillion current LCU compare

See the full ranking of 211 places β†’

More population data for Philippines

All data for Philippines β†’

Frequently asked questions

What is gdp in Philippines?
Gdp in Philippines was 26.45 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Philippines?
The highest recorded value was 26.45 trillion current LCU in 2024.
What is the lowest gdp recorded in Philippines?
The lowest recorded value was 44.63 billion current LCU in 1970.
How does Philippines rank for gdp?
Philippines ranks 42nd out of 208 countries with data for 2024.
Is gdp rising or falling in Philippines?
Over the last ten years it is up 100.2%. 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 (current LCU). 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 in Philippines. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/philippines/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release