GDP in Philippines

Philippines: GDP was 461.62 billion current US$ in 2024. β—† Volatile

Latest (2024)
461.62 billion current US$
Change on year
up 5.6%
World rank
34th
of 208 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

0100.0B200.0B300.0B400.0B500.0B197019972024

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 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 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

  1. 31 Norway 483.73 billion current US$ compare
  2. 32 Venezuela 482.36 billion current US$ compare
  3. 33 Vietnam 476.39 billion current US$ compare
  4. 35 Bangladesh 450.12 billion current US$ compare
  5. 36 Iran 436.91 billion current US$ compare
  6. 37 Denmark 429.46 billion current US$ 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 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 208 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.

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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-us-2/philippines/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release