Gross value added at basic prices (GVA) in Philippines
Philippines: Gross value added at basic prices (GVA) was 28.01 trillion current LCU 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 current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Philippines stood at 28.01 trillion current LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 100.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Philippines peaked at 28.01 trillion current LCU in 2025 and was at its lowest, 15.14 billion current LCU, in 1960.
Philippines ranks 39th of 206 countries on this measure, 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 | 24.96 billion current LCU | 15.14 billion current LCU | 37.33 billion current LCU | 10 |
| 1970s | 119.36 billion current LCU | 44.63 billion current LCU | 230.31 billion current LCU | 10 |
| 1980s | 605.89 billion current LCU | 276.78 billion current LCU | 1.05 trillion current LCU | 10 |
| 1990s | 2.16 trillion current LCU | 1.23 trillion current LCU | 3.35 trillion current LCU | 10 |
| 2000s | 5.82 trillion current LCU | 3.70 trillion current LCU | 8.39 trillion current LCU | 10 |
| 2010s | 13.93 trillion current LCU | 9.40 trillion current LCU | 19.52 trillion current LCU | 10 |
| 2020s | 23.03 trillion current LCU | 17.95 trillion current LCU | 28.01 trillion current LCU | 6 |
Countries ranked near Philippines
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 28.01 trillion current LCU 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 28.01 trillion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Philippines?
- The lowest recorded value was 15.14 billion current LCU in 1960.
- How does Philippines rank for gross value added at basic prices (gva)?
- Philippines ranks 39th out of 206 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 100.9%. 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) (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.