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The Philippines GDP

The Philippines has the 38th largest economy in the world . The gross domestic product (GDP) of The Philippines is $291.97 (USD Billion) and its growth was 5.81% from 2014 to 2015. Its highest GDP was recorded in 2015 and its average GDP in the last 10 years is $213.66 (USD Billion).

The Philippines GDP per capita is $2,899.38 (USD). However, when factoring in purchase power parity (PPP), it becomes $7,358.82 (USD), making it the 115th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $5,809.23 (USD).

GDP Of The Philippines Per Year

The Philippines's GDP & Other Economic Statistics

The Philippines GDP Current Previous Highest Unit
GNI per capita, PPP 8,900.00 8,480.00 8,900.00 International $
GNI, PPP 895.92 840.66 895.92 International $ Billion
GNI 352.99 345.25 352.99 USD Billion
Gross domestic savings 46.51 48.92 48.92 USD Billion
GDP per capita, PPP 7,358.82 6,994.43 7,358.82 International $
GDP per capita growth 4.17 4.45 6.02 %
GDP per capita 2,899.38 2,872.51 2,899.38 USD
GDP growth 5.81 6.13 7.63 %
GDP 291.97 284.78 291.97 USD Billion
Services, etc., value added 171.80 163.21 171.80 USD Billion
Industry, value added 90.19 89.40 90.19 USD Billion
Manufacturing, value added 58.67 58.65 58.67 USD Billion
Agriculture, value added 29.97 32.17 32.17 USD Billion
Gross fixed capital formation 63.47 59.18 63.47 USD Billion
Tax revenue 12.89 12.38 13.71 % of GDP
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of The Philippines – current values and historical information. The information was last updated 2016.

GDP Of The Philippines vs. Other Countries

Rank Country GDP (USD Billion), 2015
33 Malaysia 296.22
34 Israel 296.08
35 Denmark 295.16
36 Singapore 292.74
37 Colombia 292.08
38 The Philippines 291.97
39 Pakistan 269.97
40 Chile 240.22
41 Ireland 238.02
42 Finland 229.81
43 Portugal 198.93
The GDP of The Philippines is tabulated by govermental institutions and was last updated on May 9th, 2017.