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Philippines: Nominal GDP

Millions of local currency · 1946–2025 · 80 observations · forecasts to 2031 · nGDP

2025
28 trillionlocal currency
Change on 2024
+5.9%year on year
Average growth, 2015–2025
+7.2%a year
In US dollars, 2025
$487 billionUS dollars

Nominal GDP

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1B10B100B1T10T100T1960198020002020PhilippinesPhilippines
ForecastLocal currency

Compare with other countries →Definition of Nominal GDP

Recent values

Millions of local currency

YearValue
203145,864,536Forecast
203042,205,556Forecast
202938,838,280Forecast
202835,723,076Forecast
202732,839,196Forecast
202630,212,926Forecast
202528,006,678
202426,446,368
202324,313,564
202222,028,276
202119,410,614
202017,951,574
201919,517,864
201818,265,190
201716,556,651
201615,132,381

Sources

  • Mitchell1946–2010
  • Fouquin & Hugot (CEPII)1946–2014
  • Penn World Table1950–2019
  • IMF Global Debt Database1950–2024
  • IMF International Financial Statistics1950–2025
  • WDI (archive)1960–1997
  • World Development Indicators1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • Bordo1971–1997
  • IMF World Economic Outlook1980–2025
  • World Bank Global Economic Monitor1987–2025
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • IMF WEO (forecast)2025–2031

Compare these sources →

Philippines documentation (PDF)

More for Philippines

Real GDP per capita (USD)Real GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 77 series →

Nominal GDP elsewhere

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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 →

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