In 2022, Philippines witnessed an increase in its Nominal GDP, rising to 404.28 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 1,170.98 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, Philippines has Nominal GDP stood at 394.09 billion dollars, while the GDP based on PPP was 1,017.31 international billion dollars.
The net change in Philippines's GDP (Nominal) in 2022 increased by 10.19 billion dollars(2.52%), and GDP (PPP) increased by 153.67 international billion dollars(13.12%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 7.52 | - | - | - | - | - |
1961 | 8.17 | 0.65 | 7.96 % | - | - | - |
1962 | 4.95 | -3.22 | -65.05 % | - | - | - |
1963 | 5.51 | 0.56 | 10.16 % | - | - | - |
1964 | 5.95 | 0.44 | 7.39 % | - | - | - |
1965 | 6.52 | 0.57 | 8.74 % | - | - | - |
1966 | 7.19 | 0.67 | 9.32 % | - | - | - |
1967 | 7.72 | 0.53 | 6.87 % | - | - | - |
1968 | 8.63 | 0.91 | 10.54 % | - | - | - |
1969 | 9.57 | 0.94 | 9.82 % | - | - | - |
1970 | 7.56 | -2.01 | -26.59 % | - | - | - |
1971 | 8.38 | 0.82 | 9.79 % | - | - | - |
1972 | 9.07 | 0.69 | 7.61 % | - | - | - |
1973 | 11.41 | 2.34 | 20.51 % | - | - | - |
1974 | 15.61 | 4.20 | 26.91 % | - | - | - |
1975 | 16.88 | 1.27 | 7.52 % | - | - | - |
1976 | 19.38 | 2.50 | 12.90 % | - | - | - |
1977 | 22.28 | 2.90 | 13.02 % | - | - | - |
1978 | 25.76 | 3.48 | 13.51 % | - | - | - |
1979 | 31.22 | 5.46 | 17.49 % | - | - | - |
1980 | 36.85 | 5.63 | 15.28 % | - | - | - |
1981 | 40.50 | 3.65 | 9.01 % | - | - | - |
1982 | 42.21 | 1.71 | 4.05 % | - | - | - |
1983 | 37.76 | -4.45 | -11.78 % | - | - | - |
1984 | 35.73 | -2.03 | -5.68 % | - | - | - |
1985 | 34.96 | -0.77 | -2.20 % | - | - | - |
1986 | 33.99 | -0.97 | -2.85 % | - | - | - |
1987 | 37.79 | 3.80 | 10.06 % | - | - | - |
1988 | 43.15 | 5.36 | 12.42 % | - | - | - |
1989 | 48.51 | 5.36 | 11.05 % | - | - | - |
1990 | 50.51 | 2.00 | 3.96 % | 163.91 | - | - |
1991 | 51.78 | 1.27 | 2.45 % | 168.71 | 4.80 | 2.85 % |
1992 | 60.42 | 8.64 | 14.30 % | 173.28 | 4.57 | 2.64 % |
1993 | 62.04 | 1.62 | 2.61 % | 181.25 | 7.97 | 4.40 % |
1994 | 73.16 | 11.12 | 15.20 % | 193.22 | 11.97 | 6.20 % |
1995 | 84.64 | 11.48 | 13.56 % | 206.40 | 13.18 | 6.39 % |
1996 | 94.65 | 10.01 | 10.58 % | 222.49 | 16.09 | 7.23 % |
1997 | 94.11 | -0.54 | -0.57 % | 238.07 | 15.58 | 6.54 % |
1998 | 74.49 | -19.62 | -26.34 % | 239.51 | 1.44 | 0.60 % |
1999 | 85.64 | 11.15 | 13.02 % | 251.01 | 11.50 | 4.58 % |
2000 | 83.67 | -1.97 | -2.35 % | 267.95 | 16.94 | 6.32 % |
2001 | 78.92 | -4.75 | -6.02 % | 282.34 | 14.39 | 5.10 % |
2002 | 84.31 | 5.39 | 6.39 % | 297.40 | 15.06 | 5.06 % |
2003 | 87.04 | 2.73 | 3.14 % | 318.70 | 21.30 | 6.68 % |
2004 | 95.00 | 7.96 | 8.38 % | 348.75 | 30.05 | 8.62 % |
2005 | 107.42 | 12.42 | 11.56 % | 377.46 | 28.71 | 7.61 % |
2006 | 127.65 | 20.23 | 15.85 % | 409.80 | 32.34 | 7.89 % |
2007 | 155.98 | 28.33 | 18.16 % | 448.31 | 38.51 | 8.59 % |
2008 | 181.63 | 25.65 | 14.12 % | 476.76 | 28.45 | 5.97 % |
2009 | 175.98 | -5.65 | -3.21 % | 486.76 | 10.00 | 2.05 % |
2010 | 208.37 | 32.39 | 15.54 % | 528.74 | 41.98 | 7.94 % |
2011 | 234.22 | 25.85 | 11.04 % | 560.55 | 31.81 | 5.67 % |
2012 | 261.92 | 27.70 | 10.58 % | 612.13 | 51.58 | 8.43 % |
2013 | 283.90 | 21.98 | 7.74 % | 654.00 | 41.87 | 6.40 % |
2014 | 297.48 | 13.58 | 4.57 % | 699.66 | 45.66 | 6.53 % |
2015 | 306.45 | 8.97 | 2.93 % | 733.86 | 34.20 | 4.66 % |
2016 | 318.63 | 12.18 | 3.82 % | 798.60 | 64.74 | 8.11 % |
2017 | 328.48 | 9.85 | 3.00 % | 854.10 | 55.50 | 6.50 % |
2018 | 346.84 | 18.36 | 5.29 % | 930.09 | 75.99 | 8.17 % |
2019 | 376.82 | 29.98 | 7.96 % | 1,004.71 | 74.62 | 7.43 % |
2020 | 361.75 | -15.07 | -4.17 % | 920.94 | -83.77 | -9.10 % |
2021 | 394.09 | 32.34 | 8.21 % | 1,017.31 | 96.37 | 9.47 % |
2022 | 404.28 | 10.19 | 2.52 % | 1,170.98 | 153.67 | 13.12 % |