Philippines: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 6253.98 billion Philippine Peso as of Q3 2024, a decline compared to the previous value of 6494.22 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q3 2024 is 1832.55 billion Philippine Peso. The minimum of 73.85 billion Philippine Peso was recorded in Q3 1981, while the maximum of 7050.11 billion Philippine Peso was reached in Q4 2023.
Click on the following link to see the values of: Gross Domestic Product (GDP) around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Philippine Statistics Authority
| Recent values | Philippines: GDP, billion currency units |
|---|---|
| 2024 Q3 | 6253.98 |
| 2024 Q2 | 6494.22 |
| 2024 Q1 | 6111.42 |
| 2023 Q4 | 7050.11 |
| 2023 Q3 | 5763.23 |
| 2023 Q2 | 5889.5 |
| 2023 Q1 | 5615.77 |
| 2022 Q4 | 6451.43 |
Download data from our database
Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 5.55 | 2023 | percent |
| GDP, constant dollars | 430.3 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 437.15 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 3,725.55 | 2023 | U.S. dollars |
| GDP per capita, PPP | 9,695 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 3,667.57 | 2023 | U.S. dollars |
| Economic growth, quarterly | 5.22 | Q3/2024 | percent |
| Economic growth Q-on-Q | 1.68 | Q3/2024 | percent |
| Gross Domestic Product (GDP) | 6,253.98 | Q3/2024 | billion |