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TwitterThis statistic shows the share of economic sectors in the gross domestic product (GDP) in the Philippines from 2013 to 2023. In 2023, the share of agriculture in the Philippines' gross domestic product was 9.4 percent, industry contributed approximately 28.18 percent and the services sector contributed about 62.42 percent.
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Industrial Production in Philippines increased 2.40 percent in September of 2025 over the same month in the previous year. This dataset provides - Philippines Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn a survey conducted in the Philippines in February 2020, about 65 percent of respondents expected the national economy to be significantly affected by the COVID-19 pandemic. Nationwide lockdowns imposed by the government have adversely impacted people’s livelihood.
COVID-19 pandemic aftermath in the Philippines
Between March and April 2020, the country’s Luzon Island went into a complete lockdown that restricted population movement with only a few exceptions. This resulted in a drastic decline in employment levels, with projections suggesting a maximum of one million people losing their jobs due to the lockdown. In addition, the imposed community quarantine would, at the very least, cause cumulative losses in gross value added of three billion Philippine pesos in every select key sector in the country.
Major economic sectors facing setbacks
With travel being a major contributing factor to the spread of the virus, the tourism industry worldwide has been brought to a grinding halt. The Philippines relies on tourism to a large extent for revenue generation and calculated a loss of GDP share from tourism of about 0.68 percent in the worst case. Another sector to be severely hit was international trade, causing a spillover effect from Chinese supply disruptions to the Philippines. Hence, it was estimated that the communication equipment industry would lose 115 million U.S. dollars due to supply disruption.
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Philippines TE: Characteristic Industries (CI) data was reported at 6,214.595 Person th in 2023. This records an increase from the previous number of 5,843.158 Person th for 2022. Philippines TE: Characteristic Industries (CI) data is updated yearly, averaging 5,168.951 Person th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 7,060.953 Person th in 2019 and a record low of 3,218.786 Person th in 2000. Philippines TE: Characteristic Industries (CI) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G049: Tourism Industry Employment.
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TwitterThe manufacturing sector in the Philippines had a Purchasing Leader Index (PLI) of **** in April2025, indicating a contraction. The country’s manufacturing sector had the lowest output in August 2021. Manufacturing landscape in the Philippines The Philippine manufacturing sector contributed the second-highest share of the country’s gross domestic product in 2024. Food manufacturing was the most profitable within the industry and accounted for the highest share of establishments. However, in terms of trade, electronic products were the leading export goods from the Philippines, which accounted for about ** percent of the total exports from the country in 2024. PLI – more information The Purchasing Leader Index, or PLI, is an economic indicator in the manufacturing sector published by S&P Global. It measures the change in economic activity within the industry each month using a survey of supply chain managers. It considers new orders, employment output, and supplier delivery time. A score above 50 signals growth or expansion compared to the previous month. Meanwhile, a score of below 50 represents a contraction, and a reading of 50 represents an equal balance. As of October, India had the highest PLI among developing Asian countries, followed by the Philippines
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TwitterThe e-commerce sector in the Philippines had been boosting the growth of the digital economy recently. With a gross merchandise value of roughly ** billion U.S. dollars in 2024, continued online shopping preference will drive growth to as much as ** billion U.S. dollars in 2030. Meanwhile, online travel reflected sluggish growth between 2019 and 2021 due to the impact of the COVID-19 pandemic.
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TwitterIn 2024, the wholesale retail and trade and the repair of motor vehicles and motorcycles sector contributed the highest share of gross domestic product (GDP) in the Philippines at **** percent. This was followed by the manufacturing sector, accounting for **** percent.
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TwitterThe statistic shows the distribution of employment in the Philippines by economic sector from 2013 to 2023. In 2023, 22.37 percent of the employees in the Philippines were active in the agricultural sector, 18.47 percent in industry and 59.16 percent in the services sector.
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Actual value and historical data chart for Philippines Industrial Production Constant Us$
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Philippines Business Outlook: Index: Industry: Current Quarter data was reported at 18.333 Point in Mar 2025. This records a decrease from the previous number of 34.545 Point for Dec 2024. Philippines Business Outlook: Index: Industry: Current Quarter data is updated quarterly, averaging 30.319 Point from Jun 2001 (Median) to Mar 2025, with 95 observations. The data reached an all-time high of 49.642 Point in Sep 2010 and a record low of -38.000 Point in Dec 2001. Philippines Business Outlook: Index: Industry: Current Quarter data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S002: Business Expectation Survey: Business Outlook. [COVID-19-IMPACT]
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Actual value and historical data chart for Philippines Employment In Industry Percent Of Total Employment
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TwitterThe Philippines has a steadily growing economy, with a gross domestic product (GDP) that reached over 461.6 billion U.S. dollars in 2024. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. The GDP of the Philippines is expected to increase substantially to around 746.5 billion U.S. dollars by 2030. The Philippines’ economy GDP of the Philippines has consistently grown at around six percent and is expected to remain constant through 2024. At the same time, the unemployment rate has fallen to about 2.5 percent in 2018, with an increasing amount of employment being within the services sector . Sectors of the economy The services sector is a significant economic sector in the Philippines economy, with a share of almost 60 percent in gross domestic product generation. Usually, a shift of GDP generation from agriculture to services is a sure sign of a growing economy - the same is true for the Philippines: Tourism and IT are industries within the services sector which has substantially contributed to the Philippines’ economic growth. The agriculture sector, although contributing to the Philippines’ export quantity, such as coconut oil and fruits, has declined over recent years, with more and more inhabitants moving to the cities to find work.
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TwitterThe tourism industry contributed *** percent to the gross domestic product (GDP) in the Philippines in 2024. This indicated an increase from just over **** percent during the COVID-19 pandemic years. However, it was still lower than the pre-pandemic GDP share.
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Philippines Tourism Employment (TE) data was reported at 48,185.046 Person th in 2023. This records an increase from the previous number of 46,886.683 Person th for 2022. Philippines Tourism Employment (TE) data is updated yearly, averaging 37,107.000 Person th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 48,185.046 Person th in 2023 and a record low of 28,294.000 Person th in 2000. Philippines Tourism Employment (TE) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G049: Tourism Industry Employment.
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Philippines Imports from Greece of Residues, wastes of food industry, animal fodder was US$74.56 Thousand during 2024, according to the United Nations COMTRADE database on international trade. Philippines Imports from Greece of Residues, wastes of food industry, animal fodder - data, historical chart and statistics - was last updated on November of 2025.
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TwitterConsidering tourism as driver and contributor to the economic growth of the country, a national policy on tourism was passed - the Republic Act Numbered 9593 otherwise known as Tourism Act of 2009.With this Act, the State declares tourism “as an indispensable element of the national economy and an industry of national interest and importance, which must be harnessed as an engine of socio-economic growth and cultural affirmation to generate investment, foreign exchange and sense of national pride for all Filipinos”. Moreover, the Philippine Statistical Development Plan provides the blueprint of development of the tourism industry. This is in recognition of the importance, role and impact of tourism on the social and economic development and environment and cultural landscape in the country. Therefore, there is a need to measure the economic contribution of tourism as an input to effective and efficient policy research, monitoring, analysis and development of the tourism industry.
The Philippine Tourism Satellite Account (PTSA) provides the framework by which the economic contribution of tourism is measured. Using this account, it is possible to quantify the contribution of tourism industry in the economy within the context of the Philippine Systems of National Accounts (PSNA).
The Philippine Statistics Authority (PSA) conducted the 2014 Survey of Tourism Establishments in the Philippines (STEP) second round. The 2014 STEP was a nationwide survey of establishments in the formal sector engaged in tourism characteristic industries. This survey collected information on the available supply of tourism goods, products and services, which are valuable inputs in the compilation of the PTSA.
The general objective of the 2014 STEP is to provide data on tourism characteristic establishments in the country.
Specifically, the 2014 STEP aims to: - provide data on the supply and capacity in terms of facilities and services - gather data on employment by sex and nationality - gather data on revenue generated from tourist - provide information on indicators for future expansion and/or renovation plans
Establishment with Total Employment (TE) 20 and Over - National and Regional Level Establishment with TE Less than 20 - National Level
Establishment - defined as an economic unit, which engages, under a single ownership or control, i.e. under a single legal entity, in one or predominantly one kind of economic activity at a single fixed physical location. Thus, stores, shops, transport companies, hotels, restaurants, banks, insurance companies, real estate development companies and the like are considered establishments.
All tourism characteristic establishments operating in 2014.
Tourism characteristic industries as defined in the IRTS 2008 (International Recommendation of Tourism Statistics) with grouping according to industry sub-class (5-digit) of the 2009 PSIC.
It covered the following tourism characteristic industries: - Accommodation (I55 except I55901- Dormitories/boarding houses); - Chartered buses and cars operation (e.g. tourist buses, rent-a-car) (H49204 and H49324).
The other tourism characteristic industries were taken on a sampling basis.
Sample survey data [ssd]
In general, the establishment with total employment (TE) 100 and over is a certainty stratum for industries covered in the 2014 STEP.
For the purposes of 2014 STEP, only the following tourism characteristic industries regardless of employment size were completely enumerated (100% coverage): - I55101 - Hotel and motels - I55102 - Resort Hotels - I55103 - Condotels - I55104 - Pension Houses - I55105 - Camping sites/facilities - I55109 - Other shorts term accommodation activities - I55909 - Other accommodation
The sample establishments in the sampling strata of TE of less than 20 were selected using systematic sampling by industry domain and employment stratum at the national level. For each industry domain and employment stratum, the establishments are sorted by region, province from largest actual employment to smallest actual employment, business name and ECN.
For each of the sampling strata of TE of 20 and over (i.e. TE 20-49 and TE 50-99) sample establishments were selected using systematic sampling within the region. For each region in the employment stratum and industry domain, the establishments are sorted by province from largest actual employment to smallest actual employment, business name and ECN.
Systematic sampling was chosen so that the sample employment values were spread out, resulting from having representative samples for each TE size in the employment stratum. Likewise, this mode of sampling provided implicit stratification of TE by employment size group, thus avoiding all sample establishments with low TE values or high TE values.
Other [oth]
The following questionnaires were used in the survey: - STEP Form 1: Accommodation - STEP Form 2: Restaurants - STEP Form 3: Transport Operators; Tour and Travel Agencies - STEP Form 4: Health and Wellness - STEP Form 5: Other Tourism Activities
Manual processing took place in Provincial Offices at a number of stages throughout the processing, including: - coding of some data items - editing of questionnaires - completeness of entries check - consistency check among variables
Data processing was done in Field Offices and Central Office.
Field Offices: - completeness and consistency edits - folioing of questionnaires
Central Office: - online data encoding and updating - online validation - completeness and consistency checks - summarization - tabulation
Total response rate as of 30 September 2016 for all establishments by tourism characteristic industry was 85.2 percent (6,142 out of 7,210 establishments).
Of the total responses, 65 establishments responded online.
Not computed
Data estimates would be checked with those from other related surveys or administrative data.
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TwitterThe agriculture, forestry, and fishing sector industry contributed * percent to the GDP of the Philippines in 2024. The industry's GDP contribution has been declining since 2020.
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Philippines Imports from Hungary of Residues, wastes of food industry, animal fodder was US$2.39 Million during 2024, according to the United Nations COMTRADE database on international trade. Philippines Imports from Hungary of Residues, wastes of food industry, animal fodder - data, historical chart and statistics - was last updated on November of 2025.
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Philippines PH: GDP: Growth: Gross Value Added: Industry data was reported at 7.166 % in 2017. This records a decrease from the previous number of 8.039 % for 2016. Philippines PH: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 5.242 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.245 % in 1973 and a record low of -15.750 % in 1985. Philippines PH: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Philippines Exports of residues, wastes of food industry, animal fodder to Italy was US$1.6 Million during 2024, according to the United Nations COMTRADE database on international trade. Philippines Exports of residues, wastes of food industry, animal fodder to Italy - data, historical chart and statistics - was last updated on December of 2025.
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TwitterThis statistic shows the share of economic sectors in the gross domestic product (GDP) in the Philippines from 2013 to 2023. In 2023, the share of agriculture in the Philippines' gross domestic product was 9.4 percent, industry contributed approximately 28.18 percent and the services sector contributed about 62.42 percent.