Philippines Economy Statistics
Republic of the Philippines · Asia · South-Eastern Asia · Capital: Manila
Key Indicators
GDP (Current USD)
$461.62B
GDP Per Capita (USD)
$3,984.832
GDP Growth Rate (%)
5.7%
Inflation Rate (%)
3.2%
Unemployment Rate (%)
2.2%
Government Debt (% of GDP)
43.4%
Foreign Direct Investment (USD)
$9.44B
Exports (% of GDP)
25.8%
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $461.62B | +5.6% |
| 2023 | $437.06B | +8.1% |
| 2022 | $404.35B | +2.6% |
| 2021 | $394.09B | +8.9% |
| 2020 | $361.75B | -4.0% |
| 2019 | $376.82B | +8.6% |
| 2018 | $346.84B | +5.6% |
| 2017 | $328.48B | +3.1% |
| 2016 | $318.63B | +4.0% |
| 2015 | $306.45B | +3.0% |
| 2014 | $297.48B | +4.8% |
| 2013 | $283.90B | +8.4% |
| 2012 | $261.92B | +11.8% |
| 2011 | $234.22B | +12.4% |
| 2010 | $208.37B | +18.4% |
| 2009 | $175.97B | -3.1% |
| 2008 | $181.62B | +16.4% |
| 2007 | $155.98B | +22.2% |
| 2006 | $127.65B | +18.8% |
| 2005 | $107.42B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $3,984.832 | +4.8% |
| 2023 | $3,804.083 | +7.2% |
| 2022 | $3,548.069 | +1.8% |
| 2021 | $3,484.386 | +8.0% |
| 2020 | $3,227.579 | -5.1% |
| 2019 | $3,400.79 | +7.3% |
| 2018 | $3,168.51 | +4.3% |
| 2017 | $3,038.121 | +1.8% |
| 2016 | $2,985.196 | +2.6% |
| 2015 | $2,909.858 | +1.5% |
| 2014 | $2,866.838 | +3.1% |
| 2013 | $2,781.28 | +6.4% |
| 2012 | $2,614.616 | +9.7% |
| 2011 | $2,383.919 | +10.2% |
| 2010 | $2,162.914 | +16.0% |
| 2009 | $1,864.45 | -4.8% |
| 2008 | $1,959.292 | +14.4% |
| 2007 | $1,712.655 | +20.1% |
| 2006 | $1,426.147 | +16.9% |
| 2005 | $1,220.46 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 5.69% | +3.1% |
| 2023 | 5.52% | -27.2% |
| 2022 | 7.58% | +32.7% |
| 2021 | 5.71% | +160.0% |
| 2020 | -9.52% | -255.6% |
| 2019 | 6.12% | -3.5% |
| 2018 | 6.34% | -8.5% |
| 2017 | 6.93% | -3.1% |
| 2016 | 7.15% | +12.6% |
| 2015 | 6.35% | +0.0% |
| 2014 | 6.35% | -6.0% |
| 2013 | 6.75% | -2.1% |
| 2012 | 6.90% | +78.8% |
| 2011 | 3.86% | -47.4% |
| 2010 | 7.33% | +406.4% |
| 2009 | 1.45% | -66.7% |
| 2008 | 4.34% | -33.4% |
| 2007 | 6.52% | +22.6% |
| 2006 | 5.32% | +7.6% |
| 2005 | 4.94% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 3.21% | -46.3% |
| 2023 | 5.98% | +2.7% |
| 2022 | 5.82% | +48.2% |
| 2021 | 3.93% | +64.1% |
| 2020 | 2.39% | +0.0% |
| 2019 | 2.39% | -54.9% |
| 2018 | 5.31% | +86.1% |
| 2017 | 2.85% | +127.6% |
| 2016 | 1.25% | +86.0% |
| 2015 | 0.67% | -81.3% |
| 2014 | 3.60% | +39.3% |
| 2013 | 2.58% | -14.7% |
| 2012 | 3.03% | -35.8% |
| 2011 | 4.72% | +24.5% |
| 2010 | 3.79% | -10.2% |
| 2009 | 4.22% | -48.9% |
| 2008 | 8.26% | +184.8% |
| 2007 | 2.90% | -47.1% |
| 2006 | 5.49% | -15.8% |
| 2005 | 6.52% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 2.23% | +1.5% |
| 2024 | 2.20% | +0.1% |
| 2023 | 2.20% | -15.3% |
| 2022 | 2.60% | -23.5% |
| 2021 | 3.40% | +34.7% |
| 2020 | 2.52% | +12.7% |
| 2019 | 2.24% | -4.3% |
| 2018 | 2.34% | -8.4% |
| 2017 | 2.55% | -5.3% |
| 2016 | 2.69% | -12.2% |
| 2015 | 3.07% | -14.8% |
| 2014 | 3.60% | +2.9% |
| 2013 | 3.50% | -0.2% |
| 2012 | 3.50% | -2.4% |
| 2011 | 3.59% | -0.4% |
| 2010 | 3.60% | -6.6% |
| 2009 | 3.86% | +3.7% |
| 2008 | 3.72% | +8.3% |
| 2007 | 3.43% | -15.3% |
| 2006 | 4.05% | — |
Government Debt (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2014 | 43.43% | -7.9% |
| 2013 | 47.14% | -4.1% |
| 2012 | 49.16% | +0.7% |
| 2011 | 48.81% | -2.8% |
| 2010 | 50.20% | -4.2% |
| 2009 | 52.40% | -0.1% |
| 2008 | 52.43% | +1.7% |
| 2007 | 51.57% | -12.3% |
| 2006 | 58.80% | -10.5% |
| 2005 | 65.71% | -8.2% |
| 2004 | 71.60% | +0.7% |
| 2003 | 71.12% | +9.9% |
| 2002 | 64.72% | +9.2% |
| 2001 | 59.26% | +1.1% |
| 2000 | 58.60% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $9.44B | +5.8% |
| 2023 | $8.93B | -6.0% |
| 2022 | $9.49B | -20.8% |
| 2021 | $11.98B | +75.7% |
| 2020 | $6.82B | -21.3% |
| 2019 | $8.67B | -12.8% |
| 2018 | $9.95B | -3.0% |
| 2017 | $10.26B | +23.9% |
| 2016 | $8.28B | +46.8% |
| 2015 | $5.64B | -1.7% |
| 2014 | $5.74B | +53.6% |
| 2013 | $3.74B | +16.2% |
| 2012 | $3.22B | +60.2% |
| 2011 | $2.01B | +87.5% |
| 2010 | $1.07B | -48.2% |
| 2009 | $2.06B | +54.1% |
| 2008 | $1.34B | -54.1% |
| 2007 | $2.92B | +7.8% |
| 2006 | $2.71B | +62.7% |
| 2005 | $1.66B | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 25.77% | -3.2% |
| 2023 | 26.64% | -6.2% |
| 2022 | 28.39% | +10.2% |
| 2021 | 25.75% | +2.2% |
| 2020 | 25.20% | -11.2% |
| 2019 | 28.38% | -6.1% |
| 2018 | 30.21% | +2.2% |
| 2017 | 29.55% | +10.8% |
| 2016 | 26.67% | -2.0% |
| 2015 | 27.21% | -0.5% |
| 2014 | 27.35% | +4.5% |
| 2013 | 26.18% | -4.7% |
| 2012 | 27.47% | -5.6% |
| 2011 | 29.11% | -11.5% |
| 2010 | 32.87% | +8.8% |
| 2009 | 30.22% | -9.4% |
| 2008 | 33.36% | -12.3% |
| 2007 | 38.01% | -7.8% |
| 2006 | 41.25% | +0.0% |
| 2005 | 41.23% | — |
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About Philippines Economy Data
This page presents comprehensive economy statistics for Philippines (Republic of the Philippines), located in Asia, South-Eastern Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how Philippines compares to other countries.