Philippines GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of the Philippines is $501.69 billion ($501,692,000,000) as of 2026, according to the International Monetary Fund (IMF). #37 in the world
The GDP growth rate in 2026 is 3.4%, according to the International Monetary Fund (IMF).
GDP per Capita in the Philippines (with a population of 117,724,472 people) is $4,360 in 2026, an increase of $82 from $4,278 in 2025; this represents a change of 1.9% in GDP per capita. #154 in the world

GDP Change (%)

Gross Domestic Product (GDP) of the Philippines

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$501,692,000,0003.4%$4,360+0.80%
2025$487,086,000,0004.4%$4,278+0.81%
2024$461,671,000,0005.7%$4,090+0.83%
2023$437,055,000,0005.5%$3,905+0.81%
2022$404,353,000,0007.6%$3,645+0.76%
2021$394,087,000,0005.7%$3,580+0.91%
2020$361,751,000,000−9.5%$3,313+1.15%
2019$376,823,000,0006.1%$3,512+1.22%
2018$346,842,000,0006.3%$3,280+1.24%
2017$328,481,000,0006.9%$3,153+1.30%
2016$318,627,000,0007.1%$3,108+1.35%
2015$306,446,000,0006.3%$3,039+1.49%
2014$297,484,000,0006.3%$2,996+1.66%
2013$283,903,000,0006.8%$2,903+1.90%
2012$261,920,000,0006.9%$2,721+1.96%
2011$234,217,000,0003.9%$2,473+1.98%
2010$208,369,000,0007.3%$2,237+2.07%
2009$176,132,000,0001.4%$1,924+1.82%
2008$181,007,000,0004.3%$2,012+1.78%
2007$155,980,000,0006.5%$1,765+1.75%
2006$127,653,000,0005.3%$1,471+1.70%
2005$107,420,000,0004.9%$1,261+1.88%
2004$95,002,000,0006.6%$1,137+1.96%
2003$87,039,000,0005.1%$1,063+2.00%
2002$84,307,000,0003.7%$1,050+2.05%
2001$78,921,000,0003.0%$1,004+2.23%
2000$83,667,000,0004.4%$1,087+2.41%
1999$85,640,000,0003.3%$1,112+2.59%
1998$74,492,000,000−0.5%$988+2.55%
1997$94,106,000,0005.2%$1,280+2.38%
1996$94,650,000,0005.9%$1,316+2.33%
1995$84,644,000,0004.6%$1,237+2.21%
1994$73,159,000,0004.4%$1,095+2.20%
1993$62,037,000,0002.2%$950+2.43%
1992$60,422,000,0000.4%$947+2.40%
1991$51,784,000,000−0.4%$830+2.43%
1990$50,508,000,0003.0%$829+2.59%
1989$48,652,000,0006.2%$817+2.55%
1988$43,293,000,0006.8%$744+2.72%
1987$37,932,000,0004.3%$667+2.67%
1986$34,129,000,0003.4%$615+2.59%
1985$34,973,000,000−7.3%$646+2.77%
1984$35,860,000,000−7.3%$678+2.93%
1983$37,953,000,0001.9%$736+2.96%
1982$42,441,000,0003.6%$843+2.81%
1981$40,735,000,0003.4%$830+2.64%
1980$37,082,000,0005.1%$774+2.64%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$1,569,841,000,000$13,6425.8%+0.80%
2025$1,468,635,000,000$12,8996.2%+0.81%
2024$1,370,626,000,000$12,1427.5%+0.83%
2023$1,264,152,000,000$11,2968.5%+0.81%
2022$1,154,739,000,000$10,40914.4%+0.76%
2021$1,001,825,000,000$9,1017.6%+0.91%
2020$923,367,000,000$8,456−8.3%+1.15%
2019$988,832,000,000$9,2166.5%+1.22%
2018$914,883,000,000$8,6517.2%+1.24%
2017$840,501,000,000$8,0697.1%+1.30%
2016$772,193,000,000$7,5316.4%+1.35%
2015$713,885,000,000$7,0805.7%+1.49%
2014$665,098,000,000$6,6976.5%+1.66%
2013$614,692,000,000$6,2866.9%+1.90%
2012$566,185,000,000$5,8827.1%+1.96%
2011$519,973,000,000$5,4914.3%+1.98%
2010$490,535,000,000$5,2676.8%+2.07%
2009$451,528,000,000$4,9310.3%+1.82%
2008$442,354,000,000$4,9164.5%+1.78%
2007$415,923,000,000$4,7067.4%+1.75%
2006$380,168,000,000$4,3806.5%+1.70%
2005$350,178,000,000$4,1126.2%+1.88%
2004$323,540,000,000$3,8727.3%+1.96%
2003$295,646,000,000$3,6095%+2.00%
2002$275,888,000,000$3,4373.1%+2.05%
2001$261,932,000,000$3,3323.1%+2.23%
2000$248,585,000,000$3,2306.8%+2.41%
1999$232,873,000,000$3,0252.6%+2.59%
1998$222,188,000,000$2,948−1.8%+2.55%
1997$220,854,000,000$3,0044.6%+2.38%
1996$206,405,000,000$2,8712.6%+2.33%
1995$191,473,000,000$2,7994.4%+2.21%
1994$179,251,000,000$2,6824.2%+2.20%
1993$168,149,000,000$2,5742.2%+2.43%
1992$160,748,000,000$2,5190.4%+2.40%
1991$156,513,000,000$2,5100.6%+2.43%
1990$152,056,000,000$2,4954.5%+2.59%
1989$142,250,000,000$2,3897.8%+2.55%
1988$128,885,000,000$2,2168.1%+2.72%
1987$116,620,000,000$2,0504.3%+2.67%
1986$109,096,000,000$1,9663%+2.59%
1985$103,409,000,000$1,909−6.7%+2.77%
1984$108,141,000,000$2,046−6.3%+2.93%
1983$112,622,000,000$2,1833.3%+2.96%
1982$106,384,000,000$2,1147.3%+2.81%
1981$96,693,000,000$1,97010.4%+2.64%
1980$85,411,000,000$1,784–+2.64%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$487,086,123,720$474,842,491,497+0.81%
2024$461,671,157,905$454,819,510,163+0.83%
2023$437,055,627,245$430,232,801,525+0.81%
2022$404,353,369,605$407,730,367,707+0.76%
2021$394,087,359,848$378,998,554,989+0.91%
2020$361,751,145,452$358,510,629,276+1.15%
2019$376,823,402,239$396,224,439,237+1.22%
2018$346,841,896,587$373,379,140,696+1.24%
2017$328,480,736,803$351,113,338,966+1.30%
2016$318,627,003,017$328,355,086,269+1.35%
2015$306,445,871,242$306,445,871,242+1.49%
2014$297,483,555,338$288,153,024,772+1.66%
2013$283,902,828,589$270,952,964,501+1.90%
2012$261,920,540,963$253,818,843,989+1.96%
2011$234,216,730,291$237,442,546,235+1.98%
2010$208,368,893,151$228,621,785,457+2.07%
2009$175,974,755,881$212,999,348,337+1.82%
2008$181,624,626,327$209,958,471,374+1.78%
2007$155,980,408,673$201,216,639,994+1.75%
2006$127,652,926,368$188,901,594,317+1.70%
2005$107,419,977,318$179,365,762,736+1.88%
2004$95,001,999,685$170,918,125,627+1.96%
2003$87,039,092,974$160,382,249,186+2.00%
2002$84,307,345,888$152,618,672,919+2.05%
2001$78,921,234,458$147,150,196,386+2.23%
2000$83,669,788,377$142,796,015,522+2.41%
1999$85,640,171,045$136,800,717,247+2.59%
1998$74,492,416,330$132,370,986,793+2.55%
1997$94,106,317,565$133,055,010,092+2.38%
1996$94,648,084,429$126,494,485,337+2.33%
1995$84,644,328,727$119,491,847,401+2.21%
1994$73,159,336,915$114,209,405,301+2.20%
1993$62,036,529,147$109,423,583,330+2.43%
1992$60,422,328,242$107,087,061,460+2.40%
1991$51,784,144,943$106,641,694,746+2.43%
1990$50,508,286,642$107,109,108,270+2.59%
1989$48,513,773,721$103,906,025,759+2.55%
1988$43,152,128,959$97,854,767,009+2.72%
1987$37,791,488,666$91,712,822,474+2.67%
1986$33,987,207,295$87,879,678,171+2.59%
1985$34,961,486,348$84,899,137,702+2.77%
1984$35,730,185,634$91,150,588,918+2.93%
1983$37,759,179,895$98,052,903,643+2.96%
1982$42,206,011,275$96,227,514,092+2.81%
1981$40,499,388,869$92,795,557,533+2.64%
1980$36,848,080,899$89,724,981,381+2.64%
1979$31,218,296,292$85,289,329,759+2.70%
1978$25,762,224,563$80,769,798,288+2.72%
1977$22,283,109,803$76,782,933,145+2.70%
1976$19,381,055,197$72,736,616,791+2.57%
1975$16,875,240,684$66,866,781,056+2.30%
1974$15,607,882,555$63,410,224,489+2.18%
1973$11,412,449,735$61,328,367,804+2.25%
1972$9,067,815,521$56,377,307,515+2.31%
1971$8,375,075,630$53,473,489,812+2.38%
1970$7,559,115,517$50,739,152,607+2.62%
1969$9,571,800,653$48,932,332,358+2.87%
1968$8,632,749,269$46,740,451,308+2.94%
1967$7,724,873,935$44,498,543,745+2.99%
1966$7,189,017,888$42,289,875,657+3.04%
1965$6,517,349,772$40,491,580,380+3.10%
1964$5,953,756,195$38,437,083,909+3.16%
1963$5,505,023,238$37,172,298,520+3.20%
1962$4,954,593,072$34,735,185,774+3.23%
1961$8,171,194,425$33,129,626,605+3.23%
1960$7,515,894,111$31,344,414,578+3.66%

Philippines GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$545,399,000,0005.1%$4,690+0.79%
2028$590,711,000,0005.5%$5,026+0.78%
2029$640,900,000,0005.8%$5,396+0.77%
2030$695,434,000,0005.8%$5,793+0.75%
2031$754,112,000,0005.8%$6,216+0.74%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$1,701,071,000,000$14,627−6.1%+0.79%
2028$1,831,147,000,000$15,580−6.3%+0.78%
2029$1,974,839,000,000$16,626−6.3%+0.77%
2030$2,129,281,000,000$17,737−6.1%+0.75%
2031$2,291,258,000,000$18,886–+0.74%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of the Philippines