Gross value added at basic prices (GVA) in Philippines
Philippines: Gross value added at basic prices (GVA) was 474.84 billion constant 2015 US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Philippines is 474.84 billion constant 2015 US$, 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, gross value added at basic prices (gva) in Philippines peaked at 474.84 billion constant 2015 US$ in 2025 and was at its lowest, 31.34 billion constant 2015 US$, in 1960.
That places Philippines 28th out of 193 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 39.78 billion constant 2015 US$ | 31.34 billion constant 2015 US$ | 48.93 billion constant 2015 US$ | 10 |
| 1970s | 66.78 billion constant 2015 US$ | 50.74 billion constant 2015 US$ | 85.29 billion constant 2015 US$ | 10 |
| 1980s | 93.42 billion constant 2015 US$ | 84.90 billion constant 2015 US$ | 103.91 billion constant 2015 US$ | 10 |
| 1990s | 119.27 billion constant 2015 US$ | 106.64 billion constant 2015 US$ | 136.80 billion constant 2015 US$ | 10 |
| 2000s | 176.63 billion constant 2015 US$ | 142.80 billion constant 2015 US$ | 213.00 billion constant 2015 US$ | 10 |
| 2010s | 303.45 billion constant 2015 US$ | 228.62 billion constant 2015 US$ | 396.22 billion constant 2015 US$ | 10 |
| 2020s | 417.52 billion constant 2015 US$ | 358.51 billion constant 2015 US$ | 474.84 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
- 25 Thailand 485.78 billion constant 2015 US$ compare
- 26 Belgium 484.22 billion constant 2015 US$ compare
- 27 Egypt 480.35 billion constant 2015 US$ compare
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 30 Malaysia 438.62 billion constant 2015 US$ compare
- 31 Norway 422.33 billion constant 2015 US$ 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 gross value added at basic prices (gva) in Philippines?
- Gross value added at basic prices (gva) in Philippines was 474.84 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Philippines?
- The highest recorded value was 474.84 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Philippines?
- The lowest recorded value was 31.34 billion constant 2015 US$ in 1960.
- How does Philippines rank for gross value added at basic prices (gva)?
- Philippines ranks 28th out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) 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 Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.