Economy & Growth in Philippines 1,439 indicators covering economy & growth for Philippines. IndicatorLatest Year10-yr change Rank Manufacturing, value added (constant LCU), annual growth rate 2.53 % change on previous year 2025 down 51.1% 96th Terms of trade adjustment (constant LCU), annual growth rate -9.96 % change on previous year 2025 up 20.9% 119th Net trade in goods and services -53.42 billion BoP, current US$ 2025 down 199.2% 198th Net errors and omissions -346.43 million BoP, current US$ 2025 up 85.8% 144th Current account balance -16.29 billion BoP, current US$ 2025 down 324.2% 191st Net trade in goods -66.67 billion BoP, current US$ 2025 down 186.0% 197th Net primary income 4.45 billion BoP, current US$ 2025 up 139.7% 14th Transport services 5.2% 2025 down 21.4% 160th Gross Domestic Product, GDP in millions constant 2021 international $ 1.42 million 2027 up 53.0% 27th Net secondary income (Net current transfers from abroad) (current) 2.96 % change on previous year 2024 down 54.6% 91st Manufacturing, value added (current US$), annual growth rate 3.2 % change on previous year 2025 up 1,511.6% 143rd Imports of goods, services and primary income (BoP, current US$) 4.62 % change on previous year 2025 up 171.7% 119th Service exports (BoP, current US$), annual growth rate 1.61 % change on previous year 2025 down 88.5% 166th Net secondary income 32.68 billion BoP, current US$ 2025 up 40.5% 6th Net secondary income (Net current transfers from abroad) (current) 6.03 % change on previous year 2024 down 47.1% 77th General government final consumption expenditure 3.50 trillion constant LCU 2025 up 110.1% 24th Tax revenue vs. Electoral Democracy Index 0.392 2025 down 24.9% 102nd Final consumption expenditure (constant LCU), annual growth rate 5.16 % change on previous year 2025 down 22.3% 42nd General government final consumption expenditure (constant LCU), per 29,963 constant LCU per person 2025 up 89.5% 66th General government final consumption expenditure (constant LCU), per 7.18 constant LCU per US$ of GDP 2025 up 32.2% 57th Imports of goods and services (BoP, current US$), annual growth rate 4.73 % change on previous year 2025 up 104.1% 122nd Service imports (BoP, current US$), annual growth rate 3.91 % change on previous year 2025 down 69.5% 129th Exports of goods and services (BoP, current US$), annual growth rate 8.67 % change on previous year 2025 up 313.5% 84th Goods imports (BoP, current US$), annual growth rate 4.97 % change on previous year 2025 up 615.4% 114th Personal remittances, paid (current US$), annual growth rate 9.12 % change on previous year 2025 up 156.3% 79th Primary income payments 13.23 billion BoP, current US$ 2025 up 73.0% 54th Current account balance -3.3% 2025 down 241.1% 123rd Portfolio equity, net inflows -613.84 million BoP, current US$ 2025 up 17.4% 169th Primary income payments (BoP, current US$), per capita 113.28 BoP, current US$ per person 2025 up 56.0% 146th Insurance and financial services 10.6% 2025 up 86.0% 42nd Primary income payments (BoP, current US$), per unit of GDP 0.0272 BoP, current US$ per US$ of GDP 2025 up 8.9% 155th Goods exports (BoP, current US$), annual growth rate 15.18 % change on previous year 2025 up 214.1% 35th Exports of goods, services and primary income (BoP, current US$) 7.54 % change on previous year 2025 up 371.5% 88th Primary income receipts (BoP, current US$), gaps filled 17.68 billion BoP, current US$ 2025 up 86.1% 39th General government final consumption expenditure (constant LCU) 8.36 % change on previous year 2025 up 5.7% 28th Human Rights Index vs. GDP per capita 0.561 2025 down 24.2% 115th Vaccination coverage against diphtheria, tetanus, and pertussis vs. GDP per capita 71.0% 2024 down 11.2% 167th Where China ranks among a country’s import partners 1 rank 2024 unchanged 127th Share of imports by region of origin 9.65 billion current US$ 2024 up 45.3% 39th Value of imports from China as a share of GDP 7.1% 2024 up 99.3% 41st Value of imported goods as a share of GDP 27.7% 2024 up 16.2% 121st Imports by region of origin 9.65 billion current US$ 2024 up 45.3% 39th Gross Domestic Product — Value Standard Local Currency 26.45 million million SLC 2024 up 100.3% 43rd Gross Domestic Product — Value US$ 461,713 million USD 2024 up 55.2% 38th Gross Domestic Product — Value US$ per capita 3,986 USD 2024 up 39.0% 159th Gross Domestic Product — Value Standard Local Currency, 2015 prices 20.70 million million SLC 2024 up 57.8% 40th Gross Domestic Product — Value US$ per capita, 2015 prices 3,926 USD 2024 up 41.4% 149th Gross Domestic Product — Value US$, 2015 prices 454,838 million USD 2024 up 57.8% 36th Gross Domestic Product — Annual growth Standard Local Currency 8.77 % 2024 down 8.6% 80th Gross Domestic Product — Annual growth Standard Local Currency, 2015 5.69 % 2024 down 10.3% 29th Gross Domestic Product — Annual growth US$ 5.62 % 2024 up 17.5% 114th Gross Domestic Product — Annual growth US$ per capita 4.75 % 2024 up 54.5% 117th Gross Domestic Product — Annual growth US$, 2015 prices 5.69 % 2024 down 10.3% 31st Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.82 % 2024 up 4.5% 20th Gross Fixed Capital Formation — Value Standard Local Currency 6.23 million million SLC 2024 up 126.1% 48th Gross Fixed Capital Formation — Value US$ 108,789 million USD 2024 up 75.2% 39th Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.90 million million SLC 2024 up 79.7% 41st Gross Fixed Capital Formation — Value US$, 2015 prices 107,661 million USD 2024 up 79.7% 34th Gross Fixed Capital Formation — Share of GDP US$ 23.56 % 2024 up 12.9% 100th Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.67 % 2024 up 13.9% 117th ← Previous Page 7 of 24 Next →