Philippines GDP

Nominal GDP in billions of USD

Year -

$437.15 billions(8.11%)

In 2023, Philippines witnessed an increase in its Nominal GDP, rising to 437.15 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 1262.020 international billion dollars.

Relatedly, in the preceding year of 2022, Philippines has Nominal GDP stood at 404.35 billion dollars, while the GDP based on PPP was 1153.66 international billion dollars.

Philippines GDP

The net change in Philippines's GDP (Nominal) in 2023 increased by 32.80 billion dollars(8.11%), and GDP (PPP) increased by 108.36 international billion dollars(9.39%).


Philippines Annual GDP Table

Source: worldbank Nominal PPP

Philippines Annual GDP
NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19607.52-- ---
19618.170.658.64 % ---
19624.95-3.22-39.41 % ---
19635.510.5611.31 % ---
19645.950.447.99 % ---
19656.520.579.58 % ---
19667.190.6710.28 % ---
19677.720.537.37 % ---
19688.630.9111.79 % ---
19699.570.9410.89 % ---
19707.56-2.01-21 % ---
19718.380.8210.85 % ---
19729.070.698.23 % ---
197311.412.3425.8 % ---
197415.614.236.81 % ---
197516.881.278.14 % ---
197619.382.514.81 % ---
197722.282.914.96 % ---
197825.763.4815.62 % ---
197931.225.4621.2 % ---
198036.855.6318.03 % ---
198140.53.659.91 % ---
198242.211.714.22 % ---
198337.76-4.45-10.54 % ---
198435.73-2.03-5.38 % ---
198534.96-0.77-2.16 % ---
198633.99-0.97-2.77 % ---
198737.793.811.18 % ---
198843.155.3614.18 % ---
198948.515.3612.42 % ---
199050.5124.12 % 163.92--
199151.781.272.51 %168.734.812.93 %
199260.428.6416.69 %173.294.562.7 %
199362.041.622.68 %181.277.984.6 %
199473.1611.1217.92 %193.2411.976.6 %
199584.6411.4815.69 %206.4213.186.82 %
199694.6510.0111.83 %222.5116.097.79 %
199794.11-0.54-0.57 %238.0915.587 %
199874.49-19.62-20.85 %239.531.440.6 %
199985.6411.1514.97 %251.0511.524.81 %
200083.67-1.97-2.3 %267.9816.936.74 %
200178.92-4.75-5.68 %282.3714.395.37 %
200284.315.396.83 %297.4215.055.33 %
200387.042.733.24 %318.7221.37.16 %
2004957.969.15 %348.7930.079.43 %
2005107.4212.4213.07 %377.5128.728.23 %
2006127.6520.2318.83 %409.8432.338.56 %
2007155.9828.3322.19 %448.3838.549.4 %
2008181.6325.6516.44 %476.8828.56.36 %
2009175.98-5.65-3.11 %486.779.892.07 %
2010208.3732.3918.41 %528.8242.058.64 %
2011234.2225.8512.41 %560.5531.736 %
2012261.9227.711.83 %610.549.958.91 %
2013283.921.988.39 %650.5240.026.56 %
2014297.4813.584.78 %694.0743.556.69 %
2015306.458.973.02 %726.0631.994.61 %
2016318.6312.183.97 %787.9961.938.53 %
2017328.489.853.09 %840.552.516.66 %
2018346.8418.365.59 %914.8874.388.85 %
2019376.8229.988.64 %988.8373.958.08 %
2020361.75-15.07-4 %923.37-65.46-6.62 %
2021394.0932.348.94 %1001.8278.458.5 %
2022404.3510.262.6 %1153.66151.8415.16 %
2023437.1532.88.11 %1262.02108.369.39 %