GDP from Agriculture in Philippines decreased to 436434.87 PHP Million in the second quarter of 2025 from 456879.89 PHP Million in the first quarter of 2025. This dataset provides the latest reported value for - Philippines Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The 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.

This 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.

Agriculture, forestry, and fishing, value added (% of GDP) in Philippines was reported at 9.0825 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

The Philippines: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 9.08 percent, a decline from 9.4 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for the Philippines from 1960 to 2024 is 18.39 percent. The minimum value, 8.82 percent, was reached in 2019 while the maximum of 27.63 percent was recorded in 1974.

The Philippines has a steadily growing economy, with a gross domestic product (GDP) that reached over 461.62 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 over 757.67 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.

In 2023, the gross value added (GVA) of the agriculture, forestry, and fishing sector in the Philippines expanded by *** percent in comparison to the previous year. The industry's growth was fueled by the recovery of the poultry and egg production as well as the livestock sector.

The statistic shows the principal agricultural exports as a share of GDP in the Philippines from 2009 to 2018. As of 3rd quarter of 2018, the value of principal agricultural exports as a share of GDP amounted to about *** percent.

Philippines: Value added in the agricultural sector as percent of GDP: Pour cet indicateur, La Banque mondiale fournit des données pour la Philippines de 1960 à 2024. La valeur moyenne pour Philippines pendant cette période était de 18.39 pour cent avec un minimum de 8.82 pour cent en 2019 et un maximum de 27.63 pour cent en 1974.

The 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.

In 2024, the fishing and aquaculture sector in the Philippines generated a gross value added (GVA) amounting to around ****** billion Philippine pesos. The GVA of the fishing and aquaculture sector has gradually decreased since 2019.

In 2024, the Philippines’ inflation rate amounted to 3.21 percent. The Philippines are considered “newly industrialized”, but the economy relies on remittances from nationals overseas, and the services sector generates most of its GDP . Emerging and soon to develop?After switching from agriculture to services and manufacturing, the Philippines are now an emerging economy, i.e. the country has some characteristics of a developed nation but is not quite there yet. In order to transition into a developed nation, the Philippines must meet certain requirements, like being able to sustain their economic development, being very open to foreign investors, or maintaining a very high stability of the institutional framework (like law enforcement and the government). Only if these changes are irreversible can they be classified as a developed nation. The Philippines’ switch to servicesEver since the switch to services and manufacturing, employment in these areas has increased and the country is now among those with the highest employment in the tourism industry worldwide. This transition was not entirely voluntary but also due to decreasing government support, the liberalization of trade, and reform programs. Still, agriculture is important for the country: As of 2017, more than a quarter of Filipinos are still working in the agricultural sector, and urbanization has only increased very slightly over the last decade.

In 2024, the poultry and egg production sector generated a gross value added (GVA) amounting to around *** billion Philippine pesos. The GVA contribution of poultry and egg production gradually increased since 2021.

Growing corn varies depending on the area, and its production cycle is different in all parts of the world. In the Philippines, corn production is based on the landscape and topography of an area. In 2023, the production volume of corn in the Philippines amounted to approximately *** million metric tons, higher than the produced quantity of *** million metric tons in the previous year. Corn farming Over the past six years, about *** million hectares of land were utilized for cultivating corn in the Philippines. Despite fluctuation in production, corn remains among the leading crops produced in the Philippines. The Philippines is also one of the biggest corn producing countries globally. Corn industry in the Philippines Aside from rice, corn is considered another staple crop in the Philippines. The country has six common varieties — sweet corn, wild violet corn, white lagkitan, Visayan white corn, purple, and young corn. Some of the country's corn production is exported, especially maize seeds and frozen sweet corn.