Philippines GDP

Philippines GDP

Philippines GDP from 2010 to today. World Bank and OECD data. GDP in US dollars. The Philippines' $497 billion economy grows 5.5% in 2025, driven by remittances, electronics, and services for its 118 million people. Per capita GDP reaches $4,500. Semiconductor exports dominate, while machinery imports reflect industrial needs. Typhoons and inequality challenge progress. Recent infrastructure projects, like metro expansions, and digital reforms boost connectivity. The Philippines prioritizes manufacturing and tourism to sustain its upper-middle-income path, focusing on job creation and poverty reduction. Regional trade and tech investments enhance resilience, positioning the nation as a dynamic Southeast Asian economy with inclusive growth prospects.

Philippines GDP Statistics by Year

Year GDP Size (in billions $)
2024 462
2023 437
2022 404
2021 394
2020 362
2019 377
2018 347
2017 328
2016 319
2015 306
2014 297
2013 284
2012 262
2011 234
2010 208