Services, value added in Philippines

Philippines: Services, value added was 313.77 billion current US$ in 2025. ◆ Volatile

Latest (2025)
313.77 billion current US$
Change on year
up 7.5%
World rank
31st
of 205 countries
All-time high
313.77 billion current US$
in 2025
All-time low
2.05 billion current US$
in 1962
Years of data
66
1960–2025

Services, value added in Philippines, 1960–2025

0100.0B200.0B300.0B196019922025

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

Analysis

The most recent figure for services, value added in Philippines is 313.77 billion current US$, measured in 2025. That is the highest value across all 66 years on record.

That represents a change of up 7.5% on the previous year and up 75.0% over ten years.

Over the whole period, services, value added in Philippines peaked at 313.77 billion current US$ in 2025 and was at its lowest, 2.05 billion current US$, in 1962.

That places Philippines 31st out of 205 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 2.93 billion current US$ 2.05 billion current US$ 3.79 billion current US$ 10
1970s 5.81 billion current US$ 2.89 billion current US$ 10.74 billion current US$ 10
1980s 15.08 billion current US$ 12.99 billion current US$ 20.13 billion current US$ 10
1990s 34.04 billion current US$ 21.55 billion current US$ 45.07 billion current US$ 10
2000s 62.10 billion current US$ 40.88 billion current US$ 95.75 billion current US$ 10
2010s 171.69 billion current US$ 112.33 billion current US$ 229.31 billion current US$ 10
2020s 264.78 billion current US$ 222.17 billion current US$ 313.77 billion current US$ 6

Countries ranked near Philippines

  1. 28 Hong Kong 373.46 billion current US$ compare
  2. 29 Austria 371.15 billion current US$ compare
  3. 30 Thailand 347.25 billion current US$ compare
  4. 32 United Arab Emirates 303.23 billion current US$ compare
  5. 33 Norway 292.17 billion current US$ compare
  6. 34 Denmark 289.82 billion current US$ compare

See the full ranking of 252 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is services, value added in Philippines?
Services, value added in Philippines was 313.77 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Philippines?
The highest recorded value was 313.77 billion current US$ in 2025.
What is the lowest services, value added recorded in Philippines?
The lowest recorded value was 2.05 billion current US$ in 1962.
How does Philippines rank for services, value added?
Philippines ranks 31st out of 205 countries with data for 2025.
Is services, value added rising or falling in Philippines?
Over the last ten years it is up 75.0%. 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 Offices (NSOs), published as part of Services, value added (current US$). 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

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.