Philippines GDP

GDP nominal (2023)
$437,146,000,000
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

5.55%

  • 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 2021; 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 1.30 % 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 1.90 % 102,076,336
2012 $261,921,000,000 $253,819,000,000 6.90% $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 1.70 % 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 2.00 % 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 2.20 % 69,019,291
1993 $62,036,529,147 $109,424,000,000 2.18% $1,620 2.43 % 67,530,621
Sources:

See also