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Philippines: Real GDP

Millions of local currency · 1902–2025 · 119 observations · forecasts to 2031 · rGDP

2025
21.6 trillionlocal currency
Change on 2024
+4.4%year on year
Average growth, 2015–2025
+4.5%a year
In US dollars, 2025
$474 billionUS dollars

Real GDP

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100B1T10T100T192019401960198020002020PhilippinesPhilippines
ForecastLocal currency

Compare with other countries →Definition of Real GDP

Recent values

Millions of local currency

YearValue
203130,067,694Forecast
203028,364,118Forecast
202926,756,928Forecast
202825,229,098Forecast
202723,783,610Forecast
202622,485,214Forecast
202521,606,682
202420,695,580
202319,576,814
202218,552,890
202117,245,512
202016,313,252
201918,029,338
201816,989,812
201715,976,654
201614,941,089

Sources

  • Barro & Ursúa1902–2009
  • Maddison Project Database1902–2022
  • Mitchell1946–2010
  • IMF International Financial Statistics1952–2025
  • WDI (archive)1960–1997
  • World Development Indicators1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • 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)Nominal GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 77 series →

Real 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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