Philippines - GDP

GDP (current US$)

The latest value for GDP (current US$) in Philippines was $304,905,000,000 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between $304,905,000,000 in 2016 and $4,399,828,000 in 1962.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $6,684,569,000
1961 $7,256,967,000
1962 $4,399,828,000
1963 $4,875,310,000
1964 $5,271,405,000
1965 $5,784,399,000
1966 $6,371,459,000
1967 $6,809,134,000
1968 $7,591,603,000
1969 $8,408,230,000
1970 $6,687,205,000
1971 $7,408,306,000
1972 $8,017,469,000
1973 $10,082,890,000
1974 $13,781,140,000
1975 $14,893,970,000
1976 $17,097,560,000
1977 $19,648,110,000
1978 $22,706,160,000
1979 $27,502,170,000
1980 $32,450,540,000
1981 $35,646,420,000
1982 $37,140,160,000
1983 $33,212,180,000
1984 $31,408,490,000
1985 $30,734,340,000
1986 $29,868,340,000
1987 $33,195,930,000
1988 $37,885,440,000
1989 $42,575,180,000
1990 $44,311,590,000
1991 $45,417,560,000
1992 $52,976,350,000
1993 $54,368,080,000
1994 $64,084,460,000
1995 $74,119,990,000
1996 $82,848,140,000
1997 $82,344,260,000
1998 $72,207,020,000
1999 $82,995,150,000
2000 $81,026,290,000
2001 $76,262,070,000
2002 $81,357,600,000
2003 $83,908,210,000
2004 $91,371,240,000
2005 $103,072,000,000
2006 $122,211,000,000
2007 $149,360,000,000
2008 $174,195,000,000
2009 $168,335,000,000
2010 $199,591,000,000
2011 $224,143,000,000
2012 $250,092,000,000
2013 $271,836,000,000
2014 $284,585,000,000
2015 $292,774,000,000
2016 $304,905,000,000

GDP (current LCU)

The value for GDP (current LCU) in Philippines was 14,480,700,000,000 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 14,480,700,000,000 in 2016 and a minimum value of 13,504,170,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 13,504,170,000
1961 14,696,810,000
1962 16,443,920,000
1963 19,113,160,000
1964 20,663,910,000
1965 22,617,000,000
1966 24,878,000,000
1967 26,717,000,000
1968 29,835,000,000
1969 33,062,000,000
1970 39,506,000,000
1971 47,648,000,000
1972 53,515,000,000
1973 68,123,000,000
1974 93,545,000,000
1975 107,950,000,000
1976 127,211,000,000
1977 145,451,000,000
1978 167,249,000,000
1979 202,900,000,000
1980 243,749,000,000
1981 281,596,000,000
1982 317,177,000,000
1983 369,077,000,000
1984 524,481,000,000
1985 571,883,000,000
1986 608,887,000,000
1987 682,764,000,000
1988 799,182,000,000
1989 925,444,000,000
1990 1,077,240,000,000
1991 1,248,010,000,000
1992 1,351,560,000,000
1993 1,474,460,000,000
1994 1,692,930,000,000
1995 1,905,950,000,000
1996 2,171,920,000,000
1997 2,426,740,000,000
1998 2,952,760,000,000
1999 3,244,200,000,000
2000 3,580,710,000,000
2001 3,888,800,000,000
2002 4,198,350,000,000
2003 4,548,100,000,000
2004 5,120,440,000,000
2005 5,677,750,000,000
2006 6,271,160,000,000
2007 6,892,720,000,000
2008 7,720,900,000,000
2009 8,026,140,000,000
2010 9,003,480,000,000
2011 9,708,330,000,000
2012 10,561,100,000,000
2013 11,538,400,000,000
2014 12,634,200,000,000
2015 13,322,000,000,000
2016 14,480,700,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Philippines was 14,480,700,000,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 14,480,700,000,000 in 2016 and 1,193,530,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 1,193,530,000,000
1991 1,382,740,000,000
1992 1,497,460,000,000
1993 1,633,630,000,000
1994 1,875,690,000,000
1995 2,111,700,000,000
1996 2,406,390,000,000
1997 2,688,720,000,000
1998 2,952,760,000,000
1999 3,244,200,000,000
2000 3,580,710,000,000
2001 3,888,800,000,000
2002 4,198,350,000,000
2003 4,548,100,000,000
2004 5,120,440,000,000
2005 5,677,750,000,000
2006 6,271,160,000,000
2007 6,892,720,000,000
2008 7,720,900,000,000
2009 8,026,140,000,000
2010 9,003,480,000,000
2011 9,708,330,000,000
2012 10,561,100,000,000
2013 11,538,400,000,000
2014 12,634,200,000,000
2015 13,322,000,000,000
2016 14,480,700,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Philippines was 284,477,000,000 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between 284,477,000,000 in 2016 and 27,831,930,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 27,831,930,000
1961 29,395,130,000
1962 30,798,190,000
1963 32,972,700,000
1964 34,109,260,000
1965 35,905,390,000
1966 37,494,560,000
1967 39,490,830,000
1968 41,443,810,000
1969 43,373,580,000
1970 45,006,430,000
1971 47,449,660,000
1972 50,034,150,000
1973 54,497,520,000
1974 56,436,600,000
1975 59,577,170,000
1976 64,823,910,000
1977 68,455,380,000
1978 71,995,970,000
1979 76,056,310,000
1980 79,972,380,000
1981 82,710,040,000
1982 85,703,590,000
1983 87,310,200,000
1984 80,915,880,000
1985 75,003,670,000
1986 77,566,390,000
1987 80,910,770,000
1988 86,374,300,000
1989 91,734,100,000
1990 94,520,030,000
1991 93,973,390,000
1992 94,290,650,000
1993 96,286,130,000
1994 100,511,000,000
1995 105,213,000,000
1996 111,364,000,000
1997 117,139,000,000
1998 116,463,000,000
1999 120,052,000,000
2000 125,348,000,000
2001 128,976,000,000
2002 133,678,000,000
2003 140,322,000,000
2004 149,721,000,000
2005 156,874,000,000
2006 165,099,000,000
2007 176,023,000,000
2008 183,332,000,000
2009 185,438,000,000
2010 199,591,000,000
2011 206,895,000,000
2012 220,724,000,000
2013 236,316,000,000
2014 250,838,000,000
2015 266,055,000,000
2016 284,477,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Philippines was 8,126,400,000,000 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 8,126,400,000,000 in 2016 and a minimum value of 795,051,000,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 795,051,000,000
1961 839,706,000,000
1962 879,786,000,000
1963 941,903,000,000
1964 974,370,000,000
1965 1,025,680,000,000
1966 1,071,080,000,000
1967 1,128,100,000,000
1968 1,183,890,000,000
1969 1,239,020,000,000
1970 1,285,660,000,000
1971 1,355,450,000,000
1972 1,429,280,000,000
1973 1,556,780,000,000
1974 1,612,180,000,000
1975 1,701,890,000,000
1976 1,851,770,000,000
1977 1,955,510,000,000
1978 2,056,650,000,000
1979 2,172,640,000,000
1980 2,284,500,000,000
1981 2,362,710,000,000
1982 2,448,220,000,000
1983 2,494,120,000,000
1984 2,311,450,000,000
1985 2,142,570,000,000
1986 2,215,770,000,000
1987 2,311,310,000,000
1988 2,467,380,000,000
1989 2,620,490,000,000
1990 2,700,070,000,000
1991 2,684,460,000,000
1992 2,693,520,000,000
1993 2,750,520,000,000
1994 2,871,210,000,000
1995 3,005,540,000,000
1996 3,181,240,000,000
1997 3,346,200,000,000
1998 3,326,900,000,000
1999 3,429,430,000,000
2000 3,580,710,000,000
2001 3,684,340,000,000
2002 3,818,670,000,000
2003 4,008,470,000,000
2004 4,276,940,000,000
2005 4,481,280,000,000
2006 4,716,230,000,000
2007 5,028,290,000,000
2008 5,237,100,000,000
2009 5,297,240,000,000
2010 5,701,540,000,000
2011 5,910,200,000,000
2012 6,305,230,000,000
2013 6,750,630,000,000
2014 7,165,480,000,000
2015 7,600,180,000,000
2016 8,126,400,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Philippines was 807,894,000,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 807,894,000,000 in 2016 and 160,563,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 160,563,000,000
1991 164,948,000,000
1992 169,277,000,000
1993 176,973,000,000
1994 188,669,000,000
1995 201,615,000,000
1996 217,297,000,000
1997 232,477,000,000
1998 233,645,000,000
1999 244,531,000,000
2000 261,128,000,000
2001 274,808,000,000
2002 289,199,000,000
2003 309,627,000,000
2004 339,449,000,000
2005 367,111,000,000
2006 398,228,000,000
2007 435,877,000,000
2008 462,883,000,000
2009 471,754,000,000
2010 513,961,000,000
2011 543,771,000,000
2012 590,801,000,000
2013 642,751,000,000
2014 694,465,000,000
2015 746,060,000,000
2016 807,894,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Philippines was 747,673,000,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 747,673,000,000 in 2016 and 246,985,000,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 248,421,000,000
1991 246,985,000,000
1992 247,819,000,000
1993 253,063,000,000
1994 264,167,000,000
1995 276,526,000,000
1996 292,692,000,000
1997 307,869,000,000
1998 306,093,000,000
1999 315,527,000,000
2000 329,445,000,000
2001 338,979,000,000
2002 351,338,000,000
2003 368,801,000,000
2004 393,502,000,000
2005 412,302,000,000
2006 433,919,000,000
2007 462,630,000,000
2008 481,842,000,000
2009 487,375,000,000
2010 524,573,000,000
2011 543,771,000,000
2012 580,115,000,000
2013 621,095,000,000
2014 659,263,000,000
2015 699,258,000,000
2016 747,673,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts