About Philippines GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Philippines GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2022 Philippines GDP was 404.28 B USD, and the previous year it amounted to 394.09 B USD.
Philippines GDP accounts for 0.4% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2022 Philippines GDP Per Capita was 3.53 K USD, and in 2021 it amounted to 3.33 K USD.
Last quarter Philippines Real GDP amounted to 5.19 T PHP, the quarter before that it was 5.88 T PHP.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Philippines GDP has ever reached is 404.28 B USD.
The lowest ever value Philippines GDP has reached is 4.95 B USD.