Philippines: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
The most recent value is 6586.75 billion Philippine Peso as of Q1 2025, a decline compared to the previous value of 7577.84 billion Philippine Peso. Historically, the average for the Philippines from Q1 1981 to Q1 2025 is 1891.9 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. Click on the following link to see the values of: Gross Domestic Product (GDP) around the world.
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* indicates monthly or quarterly data series

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Recent values Philippines: GDP, billion currency units
2025  Q1 6586.75
2024  Q4 7577.84
2024  Q3 6254.62
2024  Q2 6494.77
2024  Q1 6119.14
2023  Q4 7050.44
2023  Q3 5761.12
2023  Q2 5887.04


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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 3,804.87 2023 U.S. dollars
 GDP per capita, PPP 9,901 2023 U.S. dollars
 GDP per capita, constant dollars 3,667.57 2023 U.S. dollars
 Economic growth, quarterly 5.41 Q1/2025 percent
 Economic growth Q-on-Q 1.25 Q1/2025 percent
 Gross Domestic Product (GDP) 6,586.75 Q1/2025 billion
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