The Gross Domestic Product per capita in Philippines was last recorded at 3925.30 US dollars in 2024. The GDP per Capita in Philippines is equivalent to 31 percent of the world's average. This dataset provides - Philippines GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) per capita in the Philippines stood at 4,078.98 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 3,304.5 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 2,204.23 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The Gross Domestic Product per capita in Philippines was last recorded at 10375.94 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Philippines, when adjusted by Purchasing Power Parity is equivalent to 58 percent of the world's average. This dataset provides - Philippines GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines Gross National Income: per capita data was reported at 66,645.772 PHP in Mar 2025. This records a decrease from the previous number of 75,848.550 PHP for Dec 2024. Philippines Gross National Income: per capita data is updated quarterly, averaging 31,998.104 PHP from Mar 2000 (Median) to Mar 2025, with 101 observations. The data reached an all-time high of 75,848.550 PHP in Dec 2024 and a record low of 12,287.117 PHP in Mar 2000. Philippines Gross National Income: per capita data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A001: PSNA 5th Revision: Gross Domestic Product: by Expenditure: Current Price.

Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population (%) in Philippines was reported at 1.78 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2020 to 2023, with projections up until 2030. In 2025, GDP per capita in Singapore was projected to be almost ****** U.S. dollars: more than 10 times the total of most other ASEAN countries, and almost 80 times larger than that of Myanmar.

Philippines GDP per Capita: National Capital Region (NCR) data was reported at 595,768.372 PHP in 2024. This records an increase from the previous number of 552,211.738 PHP for 2023. Philippines GDP per Capita: National Capital Region (NCR) data is updated yearly, averaging 289,444.288 PHP from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 595,768.372 PHP in 2024 and a record low of 124,217.457 PHP in 2000. Philippines GDP per Capita: National Capital Region (NCR) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A020: PSNA 5th Revision: Gross Domestic Product: per Capita: Current Price.

Adjusted net national income per capita (annual % growth) in Philippines was reported at --3.0789 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Adjusted net national income per capita (current US$) in Philippines was reported at 3196 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Adjusted net national income per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

In 2024, the per capita gross domestic expenditure in the National Capital Region (NCR) or Metro Manila in the Philippines amounted to approximately ******* Philippine pesos, indicating an increase from the previous year. The per capita gross domestic expenditure in the region reflected a year-on-year growth from 2012 until 2020, when it declined as a result of the COVID-19 pandemic.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Philippines Household Debt: % of GDP

• Philippines household debt accounted for 11.7 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 11.3 % in the previous quarter.
• Philippines household debt to GDP ratio is updated quarterly, available from Mar 2009 to Dec 2024.
• The data reached an all-time high of 11.7 % in Dec 2024 and a record low of 4.7 % in Mar 2009.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Bangko Sentral ng Pilipinas provides Household Debt in local currency. Philippine Statistics Authority provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about Philippines Household Debt: % of GDP

• In the latest reports, Philippines Household Debt reached 53.2 USD bn in Dec 2024.
• Money Supply M2 in Philippines increased 7.2 % YoY in Jan 2025.
• Philippines Foreign Exchange Reserves was measured at 90.8 USD bn in Dec 2024.
• The Foreign Exchange Reserves equaled 7.6 Months of Import in Jan 2025.
• Philippines Domestic Credit reached 347.3 USD bn in Jan 2025, representing an increased of 10.9 % YoY.
• The country's Non Performing Loans Ratio stood at 3.3 % in Dec 2024, compared with the ratio of 3.5 % in the previous month.

GDP per capita, PPP (current international $) in Philippines was reported at 11794 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Philippines Gross National Product (GNP)

• Philippines Gross National Product (GNP) was reported at 147.424 USD bn in Dec 2024.
• This records an increase from the previous number of 125.293 USD bn for Sep 2024.
• Philippines Gross National Product (GNP) data is updated quarterly, averaging 25.427 USD bn from Mar 1981 to Dec 2024, with 176 observations.
• The data reached an all-time high of 147.424 USD bn in Dec 2024 and a record low of 6.693 USD bn in Sep 1985.

Related information about Philippines Gross National Product (GNP) data

• Philippines Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. The Philippine Statistics Authority provides Gross National Product in local currency. Bangko Sentral ng Pilipinas average market exchange rate is used for currency conversions. Gross National Product prior to Q1 2000 is based on old classification of data.

Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data was reported at 211.000 Person th in Feb 2025. This records an increase from the previous number of 106.000 Person th for Jan 2025. Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data is updated monthly, averaging 160.500 Person th from Jan 2021 (Median) to Feb 2025, with 50 observations. The data reached an all-time high of 312.000 Person th in Nov 2022 and a record low of 76.000 Person th in Dec 2024. Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G025: Labour Force Survey: Employment: by Industry, Occupation and Class.

In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

Annualized average growth rate in per capita real survey mean consumption or income, total population (%) in Philippines was reported at --0.05 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Annualized average growth rate in per capita real survey mean consumption or income, total population - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Philippines Household Debt

• Philippines Household Debt reached 53.2 USD bn in Dec 2024, compared with the reported number of 52.2 USD bn in the previous quarter
• Philippines Household Debt: USD mn data is updated quarterly, available from Mar 2009 to Dec 2024
• The data reached an all-time high of 53.2 USD bn in Dec 2024 and a record low of 8.0 USD bn in Mar 2009

CEIC converts quarterly Household Debt into USD. Bangko Sentral ng Pilipinas provides Household Debt in local currency. Bangko Sentral ng Pilipinas period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics.


Further information about Philippines Household Debt

• In the latest reports, Philippines Household Debt accounted for 11.7 % of the country's Nominal GDP in Dec 2024
• Money Supply M2 in Philippines increased 303.6 USD bn YoY in Jan 2025
• Philippines Foreign Exchange Reserves was measured at 90.8 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 7.6 Months of Import in Jan 2025
• Philippines Domestic Credit reached 347.3 USD bn in Jan 2025, representing an increased of 10.9 % YoY

The growth of the real gross domestic product (GDP) in the Philippines stood at about 5.69 percent in 2024. From 1980 to 2024, the growth rose by approximately 0.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.61 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

GNI per capita, Atlas method (current US$) in Philippines was reported at 4470 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - GNI per capita, Atlas method - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.