The Gross Domestic Product (GDP) in Philippines expanded 3 percent in the fourth quarter of 2025 over the same quarter of the previous year. This dataset provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Philippines expanded 0.60 percent in the fourth quarter of 2025 over the previous quarter. This dataset provides - Philippines GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of the fourth quarter of 2025, the growth of the real gross domestic product (GDP) of the Philippines ranged at 3.0 percent compared to the previous year. This reflects a drop from 3.9 percent in the third quarter of 2025.

The Gross Domestic Product (GDP) in Philippines was worth 461.62 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Philippines represents 0.43 percent of the world economy. This dataset provides - Philippines GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in the Philippines stood at 5.69 percent in 2024. From 1980 to 2024, the growth rose by 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 0.33 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.

Key information about Philippines Real GDP Growth

• The Gross Domestic Product (GDP) in Philippines expanded 4.3 % YoY in Sep 2025, following a growth of 5.4 % in the previous quarter.
• Real GDP Growth YoY data in Philippines is updated quarterly, available from Mar 1999 to Sep 2025, with an average rate of 6.0 %.
• The data reached an all-time high of 12.7 % in Jun 2021 and a record low of -16.2 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Philippine Statistics Authority provides Real GDP in local currency, at 2018 prices. Real GDP Growth prior to Q1 2001 is calculated from Real GDP at 2000 prices.


Related information about Philippines Real GDP Growth

• In the latest reports, Nominal GDP of Philippines reached 114.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.8 % in Sep 2025.
• GDP Per Capita in Philippines reached 1,954.6 USD in Dec 2024.
• Its Gross Savings Rate was measured at 5.4 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 22.4 % in Sep 2025.
• Public Consumption accounted for 15.5 % in Sep 2025.
• Private Consumption accounted for 79.1 % in Sep 2025.

GDP, billion currency units in the Philippines, September, 2025 The most recent value is 6555.05 billion Philippine Peso as of Q3 2025, a decline compared to the previous value of 6965.24 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q3 2025 is 1946.26 billion Philippine Peso. The minimum of 73.85 billion Philippine Peso was recorded in Q3 1981, while the maximum of 7577.84 billion Philippine Peso was reached in Q4 2024. | TheGlobalEconomy.com

The 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.

Key information about Philippines Nominal GDP

• Philippines Nominal GDP reached 114.9 USD bn in Sep 2025, compared with 123.8 USD bn in the previous quarter.
• Nominal GDP in Philippines is updated quarterly, available from Mar 1981 to Sep 2025, with an average number of 21.7 USD bn.
• The data reached an all-time high of 130.3 USD bn in Dec 2024 and a record low of 7.9 USD bn in Sep 1984.

CEIC converts quarterly Nominal GDP into USD. Philippine Statistics Authority provides Nominal GDP in local currency. Bangko Sentral ng Pilipinas average market exchange rate is used for currency conversions.


Related information about Philippines Nominal GDP

• In the latest reports, Philippines GDP expanded 4.3 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.8 % in Sep 2025.
• Philippines GDP Per Capita reached 1,954.6 USD in Dec 2024.
• Its Gross Savings Rate was measured at 5.4 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 22.4 % in Sep 2025.
• Public Consumption accounted for 15.5 % in Sep 2025.
• Private Consumption accounted for 79.1 % in Sep 2025.

In 2025, the wholesale retail and trade and the repair of motor vehicles and motorcycles sector contributed the highest gross domestic product (GDP) in the Philippines, which amounted to *** trillion Philippine pesos at current prices. This was followed by the manufacturing sector, which was valued at **** trillion Philippine pesos.

The latest data from show economic growth of 3.95 percent, which is a decrease from the rate of growth of 5.49 percent in the previous quarter and
a decrease compared to the growth rate of 5.24 percent in the same quarter last year. The economic growth time series for the Philippines cover the...

Key information about Philippines Nominal GDP Growth

• Philippines Nominal GDP Growth was reported at 4.408 % in Dec 2025.
• This records a decrease from the previous number of 4.803 % for Sep 2025.
• Philippines Nominal GDP Growth data is updated quarterly, averaging 9.605 % from Mar 1982 to Dec 2025, with 176 observations.
• The data reached an all-time high of 45.960 % in Sep 1984 and a record low of -14.953 % in Jun 2020.
• Philippines Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Philippine Statistics Authority provides Nominal GDP in local currency.

GDP Deflator in Philippines increased to 124.02 points in the fourth quarter of 2025 from 118.62 points in the third quarter of 2025. This dataset provides - Philippines GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumption as percent of GDP in the Philippines, September, 2025 The most recent value is 79.18 percent as of Q3 2025, an increase compared to the previous value of 72.17 percent. Historically, the average for the Philippines from Q1 1981 to Q3 2025 is 71.92 percent. The minimum of 55.18 percent was recorded in Q1 1981, while the maximum of 79.18 percent was reached in Q3 2025. | TheGlobalEconomy.com

Investment as percent of GDP in the Philippines, September, 2025 The most recent value is 22.81 percent as of Q3 2025, a decline compared to the previous value of 26.89 percent. Historically, the average for the Philippines from Q1 1981 to Q3 2025 is 23.14 percent. The minimum of 14.59 percent was recorded in Q4 1985, while the maximum of 35.33 percent was reached in Q1 1983. | TheGlobalEconomy.com

Key information about Philippines GDP Deflator Growth

• Philippines GDP deflator (implicit price deflator) increased 0.8 % in Sep 2025, compared with an increase of 1.7 % in the previous quarter.
• Philippines GDP Deflator Growth data is updated quarterly, available from Mar 1982 to Sep 2025, with an average rate of 3.7 %.
• The data reached an all-time high of 63.8 % in Sep 1984 and a record low of -1.6 % in Sep 2015.

CEIC calculates GDP Deflator Growth from quarterly GDP Deflator. Philippine Statistics Authority provides GDP Deflator at 2018 prices. GDP Deflator Growth prior to Q1 2001 is calculated from GDP Deflator at 2010 prices.


Related information about Philippines GDP Deflator Growth

• In the latest reports, Philippines GDP expanded 4.3 % YoY in Sep 2025.
• Its Nominal GDP reached 114.9 USD bn in Sep 2025.
• Philippines GDP Per Capita reached 1,954.6 USD in Dec 2024.
• Its Gross Savings Rate was measured at 5.4 % in Sep 2025.

Key information about Philippines Investment: % of GDP

• Philippines Investment accounted for 18.7 % of its Nominal GDP in Dec 2025, compared with a ratio of 22.5 % in the previous quarter.
• Philippines investment share of Nominal GDP data is updated quarterly, available from Jun 1972 to Dec 2025, with an average ratio of 16.1 %.
• The data reached an all-time high of 35.3 % in Mar 1983 and a record low of 12.5 % in Jun 2020.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Philippine Statistics Authority provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency. Investment as % of Nominal GDP prior to Q1 1981 is sourced from the International Monetary Fund.


Related information about Philippines Investment: % of GDP

• In the latest reports, Philippines GDP expanded 4.3 % YoY in Sep 2025.
• Philippines Nominal GDP reached 114.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.8 % in Sep 2025.
• Philippines GDP Per Capita reached 1,954.6 USD in Dec 2024.
• Its Gross Savings Rate was measured at 5.4 % in Sep 2025.

In 2025, 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.

In the fourth quarter of 2025, the gross domestic product (GDP) of the Philippines amounted to approximately 7.91 trillion Philippine pesos at current prices. The country's GDP fluctuated in the observed period.

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.