GDP (current US$) (UNESCO Institute) in Philippines
Philippines: GDP (current US$) (UNESCO Institute) was 461.62 billion current US$ in 2024. ◆ Volatile
Latest (2024)
461.62 billion current US$
Change on year
up 5.6%
World rank
34th
of 211 countries
All-time high
461.62 billion current US$
in 2024
All-time low
7.56 billion current US$
in 1970
Years of data
55
1970–2024
GDP in Philippines, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
The most recent figure for gdp in Philippines is 461.62 billion current US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 55.2% over ten years.
Over the whole period, gdp in Philippines peaked at 461.62 billion current US$ in 2024 and was at its lowest, 7.56 billion current US$, in 1970.
That places Philippines 34th out of 211 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 7.56 billion current US$ | — |
| 1971 | 8.38 billion current US$ | +10.8% |
| 1972 | 9.07 billion current US$ | +8.3% |
| 1973 | 11.41 billion current US$ | +25.9% |
| 1974 | 15.61 billion current US$ | +36.8% |
| 1975 | 16.88 billion current US$ | +8.1% |
| 1976 | 19.38 billion current US$ | +14.8% |
| 1977 | 22.28 billion current US$ | +15.0% |
| 1978 | 25.76 billion current US$ | +15.6% |
| 1979 | 31.22 billion current US$ | +21.2% |
| 1980 | 36.85 billion current US$ | +18.0% |
| 1981 | 40.50 billion current US$ | +9.9% |
| 1982 | 42.21 billion current US$ | +4.2% |
| 1983 | 37.76 billion current US$ | -10.5% |
| 1984 | 35.73 billion current US$ | -5.4% |
| 1985 | 34.96 billion current US$ | -2.2% |
| 1986 | 33.99 billion current US$ | -2.8% |
| 1987 | 37.79 billion current US$ | +11.2% |
| 1988 | 43.15 billion current US$ | +14.2% |
| 1989 | 48.51 billion current US$ | +12.4% |
| 1990 | 50.51 billion current US$ | +4.1% |
| 1991 | 51.78 billion current US$ | +2.5% |
| 1992 | 60.42 billion current US$ | +16.7% |
| 1993 | 62.04 billion current US$ | +2.7% |
| 1994 | 73.16 billion current US$ | +17.9% |
| 1995 | 84.64 billion current US$ | +15.7% |
| 1996 | 94.65 billion current US$ | +11.8% |
| 1997 | 94.11 billion current US$ | -0.6% |
| 1998 | 74.49 billion current US$ | -20.8% |
| 1999 | 85.64 billion current US$ | +15.0% |
| 2000 | 83.67 billion current US$ | -2.3% |
| 2001 | 78.92 billion current US$ | -5.7% |
| 2002 | 84.31 billion current US$ | +6.8% |
| 2003 | 87.04 billion current US$ | +3.2% |
| 2004 | 95.00 billion current US$ | +9.1% |
| 2005 | 107.42 billion current US$ | +13.1% |
| 2006 | 127.65 billion current US$ | +18.8% |
| 2007 | 155.98 billion current US$ | +22.2% |
| 2008 | 181.62 billion current US$ | +16.4% |
| 2009 | 175.97 billion current US$ | -3.1% |
| 2010 | 208.37 billion current US$ | +18.4% |
| 2011 | 234.22 billion current US$ | +12.4% |
| 2012 | 261.92 billion current US$ | +11.8% |
| 2013 | 283.90 billion current US$ | +8.4% |
| 2014 | 297.48 billion current US$ | +4.8% |
| 2015 | 306.45 billion current US$ | +3.0% |
| 2016 | 318.63 billion current US$ | +4.0% |
| 2017 | 328.48 billion current US$ | +3.1% |
| 2018 | 346.84 billion current US$ | +5.6% |
| 2019 | 376.82 billion current US$ | +8.6% |
| 2020 | 361.75 billion current US$ | -4.0% |
| 2021 | 394.09 billion current US$ | +8.9% |
| 2022 | 404.35 billion current US$ | +2.6% |
| 2023 | 437.06 billion current US$ | +8.1% |
| 2024 | 461.62 billion current US$ | +5.6% |
Philippines compared with similar countries
- Philippines's 461.62 billion current US$ is above the median for upper middle income countries, which is 45.55 billion current US$, 10.1× the median. (58 countries reporting)
- Philippines's 461.62 billion current US$ is above the median for East Asia & Pacific, which is 15.98 billion current US$, 28.9× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.75 billion current US$ | 7.56 billion current US$ | 31.22 billion current US$ | 10 |
| 1980s | 39.14 billion current US$ | 33.99 billion current US$ | 48.51 billion current US$ | 10 |
| 1990s | 73.14 billion current US$ | 50.51 billion current US$ | 94.65 billion current US$ | 10 |
| 2000s | 117.76 billion current US$ | 78.92 billion current US$ | 181.62 billion current US$ | 10 |
| 2010s | 296.31 billion current US$ | 208.37 billion current US$ | 376.82 billion current US$ | 10 |
| 2020s | 411.77 billion current US$ | 361.75 billion current US$ | 461.62 billion current US$ | 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 461.62 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Philippines?
- The highest recorded value was 461.62 billion current US$ in 2024.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 7.56 billion current US$ in 1970.
- How does Philippines rank for gdp?
- Philippines ranks 34th out of 211 countries with data for 2024.
- Is gdp rising or falling in Philippines?
- Over the last ten years it is up 55.2%. 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 US$). 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