Philippines GDP
GDP nominal (2023)
$437,146,000,000
GDP growth rate
(2023) 5.55% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of the Philippines is $437,146,000,000 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of the Philippines reached $430,342,000,000 in 2023.
- GDP Growth Rate in 2023 was 5.55%, representing a change of 22,612,000,000 US$ over 2022, when Real GDP was $407,730,000,000.
- GDP per Capita in the Philippines (with a population of 114,891,199 people) was $3,746 in 2023, an increase of $168 from $3,578 in 2022; this represents a change of 4.7% in GDP per capita.
Philippines GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of the Philippines
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $437,146,000,000 | $430,342,000,000 | 5.55% | $3,746 | 0.81% | 114,891,199 |
| 2022 | $404,353,000,000 | $407,730,000,000 | 7.58% | $3,578 | 0.76% | 113,964,338 |
| 2021 | $394,087,000,000 | $378,999,000,000 | 5.71% | $3,351 | 0.91% | 113,100,950 |
| 2020 | $361,751,000,000 | $358,511,000,000 | −9.52% | $3,199 | 1.15% | 112,081,264 |
| 2019 | $376,823,000,000 | $396,224,000,000 | 6.12% | $3,576 | 1.22% | 110,804,683 |
| 2018 | $346,842,000,000 | $373,379,000,000 | 6.34% | $3,411 | 1.24% | 109,465,287 |
| 2017 | $328,481,000,000 | $351,113,000,000 | 6.93% | $3,247 | 1.3% | 108,119,693 |
| 2016 | $318,627,000,000 | $328,355,000,000 | 7.15% | $3,076 | 1.35% | 106,735,719 |
| 2015 | $306,446,000,000 | $306,446,000,000 | 6.35% | $2,910 | 1.49% | 105,312,992 |
| 2014 | $297,484,000,000 | $288,153,000,000 | 6.35% | $2,777 | 1.66% | 103,767,130 |
| 2013 | $283,903,000,000 | $270,953,000,000 | 6.75% | $2,654 | 1.9% | 102,076,336 |
| 2012 | $261,921,000,000 | $253,819,000,000 | 6.9% | $2,534 | 1.96% | 100,175,512 |
| 2011 | $234,217,000,000 | $237,443,000,000 | 3.86% | $2,417 | 1.98% | 98,248,614 |
| 2010 | $208,369,000,000 | $228,622,000,000 | 7.33% | $2,373 | 2.07% | 96,337,125 |
| 2009 | $175,975,000,000 | $212,999,000,000 | 1.45% | $2,257 | 1.82% | 94,384,250 |
| 2008 | $181,625,000,000 | $209,958,000,000 | 4.34% | $2,265 | 1.78% | 92,699,095 |
| 2007 | $155,980,000,000 | $201,217,000,000 | 6.52% | $2,209 | 1.75% | 91,075,184 |
| 2006 | $127,653,000,000 | $188,902,000,000 | 5.32% | $2,110 | 1.7% | 89,508,986 |
| 2005 | $107,420,000,000 | $179,366,000,000 | 4.94% | $2,038 | 1.88% | 88,015,962 |
| 2004 | $95,001,999,685 | $170,918,000,000 | 6.57% | $1,978 | 1.96% | 86,394,504 |
| 2003 | $87,039,092,974 | $160,382,000,000 | 5.09% | $1,893 | 2% | 84,731,835 |
| 2002 | $84,307,345,888 | $152,619,000,000 | 3.72% | $1,837 | 2.05% | 83,068,889 |
| 2001 | $78,921,234,458 | $147,150,000,000 | 3.05% | $1,808 | 2.23% | 81,401,488 |
| 2000 | $83,669,788,255 | $142,796,000,000 | 4.38% | $1,793 | 2.41% | 79,625,397 |
| 1999 | $85,640,171,045 | $136,801,000,000 | 3.35% | $1,759 | 2.59% | 77,753,257 |
| 1998 | $74,492,416,330 | $132,371,000,000 | −0.51% | $1,747 | 2.55% | 75,791,024 |
| 1997 | $94,106,317,565 | $133,055,000,000 | 5.19% | $1,800 | 2.38% | 73,908,810 |
| 1996 | $94,648,084,429 | $126,494,000,000 | 5.86% | $1,752 | 2.33% | 72,190,242 |
| 1995 | $84,644,328,727 | $119,492,000,000 | 4.63% | $1,694 | 2.21% | 70,546,246 |
| 1994 | $73,159,336,915 | $114,209,000,000 | 4.37% | $1,655 | 2.2% | 69,019,291 |
| 1993 | $62,036,529,147 | $109,424,000,000 | 2.18% | $1,620 | 2.43% | 67,530,621 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division