GDP (current LCU) (UNESCO Institute) in Philippines
Philippines: GDP (current LCU) (UNESCO Institute) was 26.45 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
26.45 trillion current LCU
Change on year
up 8.8%
World rank
42nd
of 211 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
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 211 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.
GDP (current LCU) (UNESCO Institute) in Philippines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 44.63 billion current LCU | — |
| 1971 | 53.87 billion current LCU | +20.7% |
| 1972 | 60.53 billion current LCU | +12.4% |
| 1973 | 77.11 billion current LCU | +27.4% |
| 1974 | 105.94 billion current LCU | +37.4% |
| 1975 | 122.31 billion current LCU | +15.4% |
| 1976 | 144.20 billion current LCU | +17.9% |
| 1977 | 164.96 billion current LCU | +14.4% |
| 1978 | 189.76 billion current LCU | +15.0% |
| 1979 | 230.31 billion current LCU | +21.4% |
| 1980 | 276.78 billion current LCU | +20.2% |
| 1981 | 319.93 billion current LCU | +15.6% |
| 1982 | 360.44 billion current LCU | +12.7% |
| 1983 | 419.61 billion current LCU | +16.4% |
| 1984 | 596.65 billion current LCU | +42.2% |
| 1985 | 650.54 billion current LCU | +9.0% |
| 1986 | 692.85 billion current LCU | +6.5% |
| 1987 | 777.28 billion current LCU | +12.2% |
| 1988 | 910.28 billion current LCU | +17.1% |
| 1989 | 1.05 trillion current LCU | +15.8% |
| 1990 | 1.23 trillion current LCU | +16.4% |
| 1991 | 1.42 trillion current LCU | +15.9% |
| 1992 | 1.54 trillion current LCU | +8.3% |
| 1993 | 1.68 trillion current LCU | +9.1% |
| 1994 | 1.93 trillion current LCU | +14.9% |
| 1995 | 2.18 trillion current LCU | +12.6% |
| 1996 | 2.48 trillion current LCU | +14.0% |
| 1997 | 2.77 trillion current LCU | +11.8% |
| 1998 | 3.05 trillion current LCU | +9.8% |
| 1999 | 3.35 trillion current LCU | +9.9% |
| 2000 | 3.70 trillion current LCU | +10.5% |
| 2001 | 4.02 trillion current LCU | +8.8% |
| 2002 | 4.35 trillion current LCU | +8.1% |
| 2003 | 4.72 trillion current LCU | +8.4% |
| 2004 | 5.32 trillion current LCU | +12.8% |
| 2005 | 5.92 trillion current LCU | +11.1% |
| 2006 | 6.55 trillion current LCU | +10.7% |
| 2007 | 7.20 trillion current LCU | +9.9% |
| 2008 | 8.05 trillion current LCU | +11.8% |
| 2009 | 8.39 trillion current LCU | +4.2% |
| 2010 | 9.40 trillion current LCU | +12.0% |
| 2011 | 10.14 trillion current LCU | +7.9% |
| 2012 | 11.06 trillion current LCU | +9.0% |
| 2013 | 12.05 trillion current LCU | +9.0% |
| 2014 | 13.21 trillion current LCU | +9.6% |
| 2015 | 13.94 trillion current LCU | +5.6% |
| 2016 | 15.13 trillion current LCU | +8.5% |
| 2017 | 16.56 trillion current LCU | +9.4% |
| 2018 | 18.27 trillion current LCU | +10.3% |
| 2019 | 19.52 trillion current LCU | +6.9% |
| 2020 | 17.95 trillion current LCU | -8.0% |
| 2021 | 19.41 trillion current LCU | +8.1% |
| 2022 | 22.03 trillion current LCU | +13.5% |
| 2023 | 24.31 trillion current LCU | +10.4% |
| 2024 | 26.45 trillion current LCU | +8.8% |
Philippines compared with similar countries
- Philippines's 26.45 trillion current LCU is above the median for upper middle income countries, which is 913.58 billion current LCU, 28.9× the median. (58 countries reporting)
- Philippines's 26.45 trillion current LCU is above the median for East Asia & Pacific, which is 416.65 billion current LCU, 63.5× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNESCO Institute) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +42.2% | 419.61 billion current LCU | 596.65 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More population data for Philippines
- Population regions with projections, annual growth rate -0.6532 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.167 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.6532 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0898 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 157,892 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.32 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6047 % change on previous year (2100)
- Population growth rate -0.655 (2100)
- Population density 383.08 (2100)
- Projected population under age 5 5.22 million (2100)
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 211 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release