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|
|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|
|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|
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), 2005|