Gross value added at basic prices (GVA) in Philippines

Philippines: Gross value added at basic prices (GVA) was 487.09 billion current US$ in 2025. ◆ Volatile

Latest (2025)
487.09 billion current US$
Change on year
up 5.5%
World rank
30th
of 206 countries
All-time high
487.09 billion current US$
in 2025
All-time low
4.95 billion current US$
in 1962
Years of data
66
1960–2025

Gross value added at basic prices (GVA) in Philippines, 1960–2025

0100.0B200.0B300.0B400.0B500.0B196019922025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2025, gross value added at basic prices (gva) in Philippines stood at 487.09 billion current US$. That is the highest value across all 66 years on record.

The figure is up 5.5% on the previous year and up 58.9% over ten years.

Over the whole period, gross value added at basic prices (gva) in Philippines peaked at 487.09 billion current US$ in 2025 and was at its lowest, 4.95 billion current US$, in 1962.

That places Philippines 30th out of 206 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

DecadeAverage LowestHighest Years
1960s 7.17 billion current US$ 4.95 billion current US$ 9.57 billion current US$ 10
1970s 16.75 billion current US$ 7.56 billion current US$ 31.22 billion current US$ 10
1980s 39.14 billion current US$ 33.99 billion current US$ 48.51 billion current US$ 10
1990s 73.14 billion current US$ 50.51 billion current US$ 94.65 billion current US$ 10
2000s 117.76 billion current US$ 78.92 billion current US$ 181.62 billion current US$ 10
2010s 296.31 billion current US$ 208.37 billion current US$ 376.82 billion current US$ 10
2020s 424.33 billion current US$ 361.75 billion current US$ 487.09 billion current US$ 6

Countries ranked near Philippines

  1. 27 United Arab Emirates 552.33 billion current US$ compare
  2. 28 Austria 517.41 billion current US$ compare
  3. 29 Israel 495.42 billion current US$ compare
  4. 31 Norway 483.77 billion current US$ compare
  5. 32 Vietnam 473.71 billion current US$ compare
  6. 33 Malaysia 466.11 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gross value added at basic prices (gva) in Philippines?
Gross value added at basic prices (gva) in Philippines was 487.09 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Philippines?
The highest recorded value was 487.09 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Philippines?
The lowest recorded value was 4.95 billion current US$ in 1962.
How does Philippines rank for gross value added at basic prices (gva)?
Philippines ranks 30th 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 58.9%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.