Hong Kong vs Philippines: Services, value added
Services, value added over time
- Hong Kong
- Philippines
How they compare
Hong Kong currently reports 373.46 billion current US$ against 313.77 billion current US$ in Philippines, a difference of 59.69 billion current US$.
That makes Hong Kong's figure about 1.2 times Philippines's.
Across all 25 years both countries report, Hong Kong has been ahead every year.
Globally, Hong Kong ranks 28th and Philippines ranks 31st of 205 countries.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.