Philippines economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
The Philippines’ GDP per capita (PPP) in 2023 was about $10,000, indicating a developing economy. Key sectors include business process outsourcing, agriculture, manufacturing, and remittances.
Philippines GDP PPP Statistics by Year
| Year | GDP, Purchasing Power Parity (PPP) |
| 2000 | 268.0 |
| 2001 | 282.4 |
| 2002 | 297.4 |
| 2003 | 318.7 |
| 2004 | 348.8 |
| 2005 | 377.5 |
| 2006 | 409.8 |
| 2007 | 448.4 |
| 2008 | 476.9 |
| 2009 | 486.8 |
| 2010 | 528.8 |
| 2011 | 560.6 |
| 2012 | 610.5 |
| 2013 | 650.5 |
| 2014 | 694.1 |
| 2015 | 726.1 |
| 2016 | 788.0 |
| 2017 | 840.5 |
| 2018 | 914.9 |
| 2019 | 988.8 |
| 2020 | 923.4 |
| 2021 | 1,001.8 |
| 2022 | 1,154.6 |
| 2023 | 1,262.2 |
| 2024 | 1,366.3 |
| 2025 (Est.) | 1,450.0 |
| 2026 (Est.) | 1,550.0 |