GDP in Philippines
Philippines: GDP was 23.23 trillion constant LCU in 2025. ◆ Volatile
GDP in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Philippines is 23.23 trillion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 4.4% on the previous year and up 55.0% over ten years.
Over the whole period, gdp in Philippines peaked at 23.23 trillion constant LCU in 2025 and was at its lowest, 1.53 trillion constant LCU, in 1960.
That places Philippines 33rd out of 214 countries with data for 2025, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.95 trillion constant LCU | 1.53 trillion constant LCU | 2.39 trillion constant LCU | 10 |
| 1970s | 3.27 trillion constant LCU | 2.48 trillion constant LCU | 4.17 trillion constant LCU | 10 |
| 1980s | 4.57 trillion constant LCU | 4.15 trillion constant LCU | 5.08 trillion constant LCU | 10 |
| 1990s | 5.83 trillion constant LCU | 5.22 trillion constant LCU | 6.69 trillion constant LCU | 10 |
| 2000s | 8.64 trillion constant LCU | 6.99 trillion constant LCU | 10.42 trillion constant LCU | 10 |
| 2010s | 14.84 trillion constant LCU | 11.18 trillion constant LCU | 19.38 trillion constant LCU | 10 |
| 2020s | 20.42 trillion constant LCU | 17.54 trillion constant LCU | 23.23 trillion constant LCU | 6 |
Countries ranked near Philippines
- 30 Mexico 25.51 trillion constant LCU compare
- 31 United States 25.15 trillion constant LCU compare
- 32 Madagascar 24.80 trillion constant LCU compare
- 34 Rwanda 21.79 trillion constant LCU compare
- 35 Democratic Republic of Congo 18.51 trillion constant LCU compare
- 36 Kazakhstan 18.24 trillion constant LCU compare
More economy & growth data for Philippines
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
- Net primary income (Net income from abroad) 72.84 billion current US$ (2025)
- GNI per capita 275,706 current LCU (2025)
- GNI per capita, Atlas method 4,850 current US$ (2025)
- GNI 32.20 trillion current LCU (2025)
- GNI 559.93 billion current US$ (2025)
- GNI, Atlas method 566.82 billion current US$ (2025)
Frequently asked questions
- What is gdp in Philippines?
- Gdp in Philippines was 23.23 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Philippines?
- The highest recorded value was 23.23 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Philippines?
- The lowest recorded value was 1.53 trillion constant LCU in 1960.
- How does Philippines rank for gdp?
- Philippines ranks 33rd out of 214 countries with data for 2025.
- Is gdp rising or falling in Philippines?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.