Philippines GDP

Nominal GDP in billions of USD

Year - 2024

$462.00 billions(5.72%)

In 2024, Philippines witnessed an increase in its Nominal GDP, rising to 462.00 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 1,366.28 international billion dollars.

Relatedly, in the preceding year of 2023, Philippines has Nominal GDP stood at 437.00 billion dollars, while the GDP based on PPP was 1,262.18 international billion dollars.

Philippines vs. Other Countries: Nominal GDP Comparison with Visual Pie Chart Analysis

Philippines Annual GDP Net Change

The net change in Philippines's GDP (Nominal) in 2024 increased by 25.00 billion dollars(5.72%), and GDP (PPP) increased by 104.10 international billion dollars(8.25%).

Nominal Net Chg
PPP Net Chg

Philippines Annual GDP Table

Source: world bank Nominal PPP

Philippines Annual GDP
	Nominal			PPP
Year	Bil $	Net Chg	% Chg	Int Bil $	Net Chg	% Chg
2024	462	25	5.72 %	1366.28	104.1	8.25 %
2023	437	33	8.17 %	1262.18	107.57	9.32 %
2022	404	10	2.54 %	1154.61	152.79	15.25 %
2021	394	32	8.84 %	1001.82	78.45	8.5 %
2020	362	-15	-3.98 %	923.37	-65.46	-6.62 %
2019	377	30	8.65 %	988.83	73.95	8.08 %
2018	347	19	5.79 %	914.88	74.38	8.85 %
2017	328	9	2.82 %	840.5	52.51	6.66 %
2016	319	13	4.25 %	787.99	61.93	8.53 %
2015	306	9	3.03 %	726.06	31.99	4.61 %
2014	297	13	4.58 %	694.07	43.55	6.69 %
2013	284	22	8.4 %	650.52	40.02	6.56 %
2012	262	28	11.97 %	610.5	49.95	8.91 %
2011	234	26	12.5 %	560.55	31.73	6 %
2010	208	32	18.18 %	528.82	42.05	8.64 %
2009	176	-6	-3.3 %	486.77	9.89	2.07 %
2008	182	26	16.67 %	476.88	28.5	6.36 %
2007	156	28	21.88 %	448.38	38.54	9.4 %
2006	128	21	19.63 %	409.84	32.33	8.56 %
2005	107	12	12.63 %	377.51	28.72	8.23 %
2004	95	7.96	9.15 %	348.79	30.07	9.43 %
2003	87.04	2.73	3.24 %	318.72	21.3	7.16 %
2002	84.31	5.39	6.83 %	297.42	15.05	5.33 %
2001	78.92	-4.75	-5.68 %	282.37	14.39	5.37 %
2000	83.67	-1.97	-2.3 %	267.98	16.93	6.74 %
1999	85.64	11.15	14.97 %	251.05	11.52	4.81 %
1998	74.49	-19.62	-20.85 %	239.53	1.44	0.6 %
1997	94.11	-0.54	-0.57 %	238.09	15.58	7 %
1996	94.65	10.01	11.83 %	222.51	16.09	7.79 %
1995	84.64	11.48	15.69 %	206.42	13.18	6.82 %
1994	73.16	11.12	17.92 %	193.24	11.97	6.6 %
1993	62.04	1.62	2.68 %	181.27	7.98	4.6 %
1992	60.42	8.64	16.69 %	173.29	4.56	2.7 %
1991	51.78	1.27	2.51 %	168.73	4.81	2.93 %
1990	50.51	2	4.12 %	163.92	-	-
1989	48.51	5.36	12.42 %	-	-	-
1988	43.15	5.36	14.18 %	-	-	-
1987	37.79	3.8	11.18 %	-	-	-
1986	33.99	-0.97	-2.77 %	-	-	-
1985	34.96	-0.77	-2.16 %	-	-	-
1984	35.73	-2.03	-5.38 %	-	-	-
1983	37.76	-4.45	-10.54 %	-	-	-
1982	42.21	1.71	4.22 %	-	-	-
1981	40.5	3.65	9.91 %	-	-	-
1980	36.85	5.63	18.03 %	-	-	-
1979	31.22	5.46	21.2 %	-	-	-
1978	25.76	3.48	15.62 %	-	-	-
1977	22.28	2.9	14.96 %	-	-	-
1976	19.38	2.5	14.81 %	-	-	-
1975	16.88	1.27	8.14 %	-	-	-
1974	15.61	4.2	36.81 %	-	-	-
1973	11.41	2.34	25.8 %	-	-	-
1972	9.07	0.69	8.23 %	-	-	-
1971	8.38	0.82	10.85 %	-	-	-
1970	7.56	-2.01	-21 %	-	-	-
1969	9.57	0.94	10.89 %	-	-	-
1968	8.63	0.91	11.79 %	-	-	-
1967	7.72	0.53	7.37 %	-	-	-
1966	7.19	0.67	10.28 %	-	-	-
1965	6.52	0.57	9.58 %	-	-	-
1964	5.95	0.44	7.99 %	-	-	-
1963	5.51	0.56	11.31 %	-	-	-
1962	4.95	-3.22	-39.41 %	-	-	-
1961	8.17	0.65	8.64 %	-	-	-
1960	7.52	-	-	-	-	-

Latest Projections by IMF

Year	Nominal (current $)	PPP (current Int. $)
2023	437.06	1262.18
2024	461.62	1366.28
2025	497.5	1479.38
2026	538.79	1598.79
2027	586.09	1727.73
2028	638.18	1873.46
2029	695.31	2027.61
2030	757.67	2195.65

LatestUpdate	2024
Nominal GDP	$462.00
PPP GDP	Int. $1,366.28
High Nominal GDP	$462.00
Mid-Nominal GDP	$116.32
Low Nominal GDP	$4.95
Frequency	65 years
Unit	Billion USD