Indicators / Philippines GDP Growth Rate
| Related | Last | Previous | Reference | Unit |
|---|---|---|---|---|
| GDP Annual Growth Rate | 4.0 | 5.5 | Sep/25 | % |
| GDP | 461.6 | 437.1 | Jan/24 | USD bn |
| GDP Constant Prices | 5528834.6 | 5843036.8 | Sep/25 | Local Currency bn |
| Gross National Product | 6685183.6 | 6650934.3 | Sep/25 | USD bn |
| Gross Fixed Capital Formation | 1202809.6 | 1558530.4 | Sep/25 | USD bn |
| GDP per capita | 3925.3 | 3744.7 | Jan/24 | USD |
| GDP per capita PPP | 10375.9 | 9898.5 | Jan/24 | USD |
| Full Year GDP Growth | 5.6 | 5.6 | Jan/24 | % |
| GDP from Agriculture | 410864.3 | 436443.6 | Sep/25 | USD bn |
| GDP from Construction | 383050.0 | 503649.3 | Sep/25 | USD bn |
| GDP from Manufacturing | 808687.8 | 1079346.4 | Sep/25 | USD bn |
| GDP from Mining | 32951.3 | 44264.0 | Sep/25 | USD bn |
| GDP from Utilities | 205726.7 | 189381.9 | Sep/25 | USD bn |
| GDP from Public Administration | 259745.1 | 330986.5 | Sep/25 | USD bn |
| GDP Deflator | 118.6 | 119.2 | Sep/25 | points |
| Changes in Inventories | -16893.7 | -29934.8 | Sep/25 | Local Currency bn |
| Current Account to GDP | -3.8 | -2.8 | Jan/24 | % |
Philippines GDP Growth Rate
The Philippines has a status of emerging economy. In recent years, the country has been steadily growing mainly due to inflow of foreign direct investment and remittances. The Philippines is the world’s largest center for business process outsourcing. The country also has a strong industrial sector based on the manufacturing of electronics and other high-tech components for overseas corporations. The Philippines is rich in natural resources; it has significant reserves of chromite, nickel, copper, coal and oil.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 0.4 | 1.5 | 7.0 | -13.5 | % | QS-DEC |