Philippines Live GDP
$300,920,776,983
GDP Added Today
$604,316,709
Philippines GDP (2026)
LiveThe Philippines is one of Southeast Asia's fastest-growing emerging economies, supported by strong domestic consumption, services, manufacturing, business process outsourcing (BPO), remittances, and infrastructure investment. The country has developed a resilient economy driven by a young workforce, expanding digital industries, and increasing foreign investment. Alongside its growing manufacturing base, the Philippines continues to strengthen sectors such as information technology, tourism, finance, and renewable energy. This page provides the latest Philippines GDP data, historical trends, and economic outlook for 2026.
GDP Growth Rate (2026)
4.10%
vs 2025
โผ โ0.30%
GDP Per Capita (2026)
$4,443
vs 2025
โฒ +$173
Global Rank (Nominal)
#36
of 218 countries
World Share
0.40%
of 2026 World GDP
Years Covered
1980โ2026
47 years
Philippines GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Highest GDP
$512.22B
Lowest GDP
$34.13B
Average Growth
3.85%
1980โ2026
Best Growth
7.60%
Weakest Growth
-9.50%
Share of World GDP (2026)
Philippines
0.40%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
49.78%
Key Findings
โ
Philippines's GDP in 2026 is $512.22B.
โ
It ranks #36 among 218 countries.
โ
Philippines contributes 0.40% to the world economy.
โ
GDP per capita is $4,443 in 2026.
โ
The economy recorded GDP growth of 4.10% in 2026.
Historical Data
Philippines GDP Historical Data (1980โ2026)
| 2026 | $512,222,000,000 | 4.10% | $4,443 | 0.41% | #36 |
| 2025 | $487,161,000,000 | 4.40% | $4,270 | 0.41% | #34 |
| 2024 | $461,617,000,000 | 5.70% | $4,089 | 0.41% | #33 |
| 2023 | $437,055,000,000 | 5.50% | $3,905 | 0.41% | #35 |
| 2022 | $404,353,000,000 | 7.60% | $3,645 | 0.39% | #39 |
| 2021 | $394,087,000,000 | 5.70% | $3,580 | 0.40% | #38 |
| 2020 | $361,751,000,000 | -9.50% | $3,313 | 0.42% | #34 |
| 2019 | $376,823,000,000 | 6.10% | $3,512 | 0.43% | #35 |
| 2018 | $346,842,000,000 | 6.30% | $3,280 | 0.40% | #39 |
| 2017 | $328,481,000,000 | 6.90% | $3,153 | 0.40% | #39 |
| 2016 | $318,627,000,000 | 7.10% | $3,108 | 0.41% | #37 |
| 2015 | $306,446,000,000 | 6.30% | $3,039 | 0.40% | #36 |
| 2014 | $297,484,000,000 | 6.30% | $2,996 | 0.37% | #39 |
| 2013 | $283,903,000,000 | 6.80% | $2,903 | 0.36% | #39 |
| 2012 | $261,920,000,000 | 6.90% | $2,721 | 0.34% | #42 |
| 2011 | $234,217,000,000 | 3.90% | $2,473 | 0.31% | #46 |
| 2010 | $208,369,000,000 | 7.30% | $2,237 | 0.31% | #47 |
| 2009 | $176,132,000,000 | 1.40% | $1,924 | 0.29% | #47 |
| 2008 | $181,007,000,000 | 4.30% | $2,012 | 0.28% | #48 |
| 2007 | $155,980,000,000 | 6.50% | $1,765 | 0.26% | #48 |
| 2006 | $127,653,000,000 | 5.30% | $1,471 | 0.24% | #47 |
| 2005 | $107,420,000,000 | 4.90% | $1,261 | 0.22% | #49 |
| 2004 | $95,002,000,000 | 6.60% | $1,137 | 0.21% | #49 |
| 2003 | $87,039,000,000 | 5.10% | $1,063 | 0.22% | #45 |
| 2002 | $84,307,000,000 | 3.70% | $1,050 | 0.24% | #46 |
| 2001 | $78,921,000,000 | 3.00% | $1,004 | 0.23% | #46 |
| 2000 | $83,667,000,000 | 4.40% | $1,087 | 0.24% | #46 |
| 1999 | $85,640,000,000 | 3.30% | $1,112 | 0.26% | #44 |
| 1998 | $74,492,000,000 | -0.50% | $988 | 0.23% | #47 |
| 1997 | $94,106,000,000 | 5.20% | $1,280 | 0.29% | #42 |
| 1996 | $94,650,000,000 | 5.90% | $1,316 | 0.29% | #42 |
| 1995 | $84,644,000,000 | 4.60% | $1,237 | 0.27% | #42 |
| 1994 | $73,159,000,000 | 4.40% | $1,095 | 0.26% | #42 |
| 1993 | $62,037,000,000 | 2.20% | $950 | 0.24% | #41 |
| 1992 | $60,422,000,000 | 0.40% | $947 | 0.24% | #41 |
| 1991 | $51,784,000,000 | -0.40% | $830 | 0.21% | #42 |
| 1990 | $50,508,000,000 | 3.00% | $829 | 0.22% | #42 |
| 1989 | $48,652,000,000 | 6.20% | $817 | 0.24% | #42 |
| 1988 | $43,293,000,000 | 6.80% | $744 | 0.22% | #44 |
| 1987 | $37,932,000,000 | 4.30% | $667 | 0.22% | #45 |
| 1986 | $34,129,000,000 | 3.40% | $615 | 0.23% | #45 |
| 1985 | $34,973,000,000 | -7.30% | $646 | 0.28% | #42 |
| 1984 | $35,860,000,000 | -7.30% | $678 | 0.30% | #43 |
| 1983 | $37,953,000,000 | 1.90% | $736 | 0.32% | #42 |
| 1982 | $42,441,000,000 | 3.60% | $843 | 0.37% | #41 |
| 1981 | $40,735,000,000 | 3.40% | $830 | 0.35% | #40 |
| 1980 | $37,082,000,000 | 5.10% | $774 | 0.33% | #42 |
Philippines GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $556,747,000,000 | 5.80% | $4,778 | 0.43% | #34 |
| 2028 | $605,640,000,000 | 6.10% | $5,143 | 0.44% | #31 |
| 2029 | $658,454,000,000 | 6.10% | $5,532 | 0.46% | #31 |
| 2030 | $715,542,000,000 | 6.00% | $5,949 | 0.48% | #30 |
| 2031 | $777,576,000,000 | 6.00% | $6,396 | 0.49% | #30 |
Philippines Economy Overview
The Philippines has a diversified mixed economy supported by services, manufacturing, agriculture, construction, and international trade. The services sector is the country's largest economic contributor, driven by business process outsourcing, banking, retail, telecommunications, transportation, education, and tourism. The Philippines is one of the world's leading destinations for outsourcing services, benefiting from its large English-speaking workforce.
Manufacturing industries continue to expand through electronics, food processing, chemicals, automotive components, and consumer goods production. Overseas remittances remain an important source of household income and domestic consumption, while government investment in transportation, airports, ports, renewable energy, and digital infrastructure supports long-term economic development.
Philippines GDP Outlook
The Philippines' economic outlook remains strong, supported by robust domestic demand, infrastructure spending, expanding digital industries, and continued growth in outsourcing services. Manufacturing investment, renewable energy projects, tourism recovery, and increasing foreign direct investment are expected to further strengthen economic performance. A young and growing population also provides long-term opportunities for sustained economic expansion.