GDP growth in Philippines

Philippines: GDP growth was 4.4% in 2025. ◆ Volatile

Latest (2025)
4.4%
Change on year
down 23.0%
World rank
68th
of 214 countries
All-time high
8.8%
in 1973
All-time low
-9.5%
in 2020
Years of data
65
1961–2025

GDP growth in Philippines, 1961–2025

-10-50510196119932025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.

Analysis

In 2025, gdp growth in Philippines stood at 4.4%.

The figure is down 23.0% on the previous year and down 30.7% over ten years.

Over the whole period, gdp growth in Philippines peaked at 8.8% in 1973 and was at its lowest, -9.5%, in 2020.

Philippines ranks 68th of 214 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.1% 3.4% 7.0% 9
1970s 5.7% 3.4% 8.8% 10
1980s 2.1% -7.0% 6.7% 10
1990s 2.8% -0.5% 5.9% 10
2000s 4.5% 1.4% 6.6% 10
2010s 6.4% 3.9% 7.3% 10
2020s 3.2% -9.5% 7.6% 6

Countries ranked near Philippines

  1. 65 Central African Republic 4.5% compare
  2. 66 Nepal 4.4% compare
  3. 67 Grenada 4.4% compare
  4. 69 Egypt 4.4% compare
  5. 70 Argentina 4.4% compare
  6. 71 Panama 4.4% compare

See the full ranking of 261 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gdp growth in Philippines?
Gdp growth in Philippines was 4.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp growth recorded in Philippines?
The highest recorded value was 8.8% in 1973.
What is the lowest gdp growth recorded in Philippines?
The lowest recorded value was -9.5% in 2020.
How does Philippines rank for gdp growth?
Philippines ranks 68th out of 214 countries with data for 2025.
Is gdp growth rising or falling in Philippines?
Over the last ten years it is down 30.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
261 places, 14,323 data points, 1961–2025
Last refreshed

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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.