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Philippines

77 series · 1800–2025 · Lower middle income · East Asia & Pacific

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1946–202528,006,678 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1946–2025486,997 (2025)
Real GDPMillions of local currencyrGDP1902–202521,606,682 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1902–2025189,760 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1946–2025474,440 (2025)
DeflatorIndex, 2015 = 100deflator1946–2025129.6 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1946–20254,167 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1950–202525,624,368 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1950–202591.5 (2025)
Total consumption (USD)Millions of US dollarscons_USD1950–2025445,572 (2025)
Household consumptionMillions of local currencyhcons1950–202521,398,752 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1950–202576.4 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1950–2025372,094 (2025)
Government consumptionMillions of local currencygcons1950–20254,225,156 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1950–202515.1 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1950–202573,469 (2025)
Gross capital formationMillions of local currencyinv1946–20256,202,632 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1946–202522.1 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1946–2025107,855 (2025)
Gross fixed capital formationMillions of local currencyfinv1946–20256,372,628 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1946–202522.8 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1946–2025110,811 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1885–20257,446,401 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1946–202526.6 (2025)
Exports (USD)Millions of US dollarsexports_USD1945–2025129,482 (2025)
ImportsMillions of local currencyimports1885–202511,199,054 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1946–202540.0 (2025)
Imports (USD)Millions of US dollarsimports_USD1945–2025194,736 (2025)
Current accountMillions of local currencyCA1946–2025-936,683 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1946–2025-3.34 (2025)
USD exchange rateLocal currency per US dollarUSDfx1945–202557.5 (2025)
Real effective exchange rateIndex, 2015 = 100REER1960–2025100.9 (2025)
Current account (USD)Millions of US dollarsCA_USD1946–2025-16,288 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1946–20256,795,014 (2025)
General government expenditureMillions of local currencygen_govexp1946–20256,795,014 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1946–202524.3 (2025)
Central government expenditureMillions of local currencycgovexp1946–20234,067,745 (2023)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1946–202316.7 (2023)
Government revenueMillions of local currencygovrev1946–20255,682,412 (2025)
General government revenueMillions of local currencygen_govrev1946–20255,682,412 (2025)
Central government revenueMillions of local currencycgovrev2012–20233,824,537 (2023)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1946–202520.3 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP2012–202315.7 (2023)
Government tax revenueMillions of local currencygovtax2000–20254,350,982 (2025)
General government tax revenueMillions of local currencygen_govtax2000–20254,350,982 (2025)
Central government tax revenueMillions of local currencycgovtax2012–20233,429,277 (2023)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2000–202515.5 (2025)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP2012–202314.1 (2023)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1954–2025-3.97 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1954–2025-3.97 (2025)
General government deficitMillions of local currencygen_govdef1954–2025-1,112,601 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP2012–2023-6.07 (2023)
Central government deficitMillions of local currencycgovdef2012–2023-1,476,403 (2023)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1948–202559.4 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1948–202559.4 (2025)
General government debtMillions of local currencygen_govdebt1948–202516,627,911 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1948–201443.4 (2014)
Central government debtMillions of local currencycgovdebt1948–20145,735,242 (2014)
Government debtMillions of local currencygovdebt1948–202516,627,911 (2025)
Government deficitMillions of local currencygovdef1954–2025-1,112,601 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1946–202524.3 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1946–202520.3 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2000–202515.5 (2025)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1976–20255.21 (2025)
Long-term interest ratePercentltrate1994–20142.73 (2014)
Central bank policy ratePercentcbrate1949–20254.50 (2025)
M0 (monetary base)Millions of local currencyM01906–20254,708,022 (2025)
M1Millions of local currencyM11948–20257,922,965 (2025)
M2Millions of local currencyM21948–202520,151,092 (2025)
M3Millions of local currencyM32000–202218,912,580 (2022)
M4Millions of local currencyM42001–201914,937,212 (2019)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI2008–2025178.2 (2025)
Real house price indexIndex, 2015 = 100rHPI2008–2025126.8 (2025)
Consumer price indexIndex, 2015 = 100CPI1938–2025140.5 (2025)
InflationPercentinfl1938–20251.70 (2025)
PopulationMillions of peoplepop1800–2025113.9 (2025)
Unemployment ratePercentunemp1969–20254.21 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →