Philippines - GDP (current LCU)

The value for GDP (current LCU) in Philippines was 17,938,600,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 19,517,900,000,000 in 2019 and a minimum value of 15,144,510,000 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 15,144,510,000
1961 16,505,800,000
1962 18,469,990,000
1963 21,526,970,000
1964 23,279,230,000
1965 25,477,450,000
1966 28,037,170,000
1967 30,127,010,000
1968 33,667,720,000
1969 37,330,020,000
1970 44,631,660,000
1971 53,866,040,000
1972 60,526,240,000
1973 77,105,740,000
1974 105,944,000,000
1975 122,310,000,000
1976 144,200,000,000
1977 164,958,000,000
1978 189,758,000,000
1979 230,315,000,000
1980 276,782,000,000
1981 319,931,000,000
1982 360,439,000,000
1983 419,607,000,000
1984 596,648,000,000
1985 650,540,000,000
1986 692,852,000,000
1987 777,283,000,000
1988 910,280,000,000
1989 1,054,530,000,000
1990 1,227,880,000,000
1991 1,422,960,000,000
1992 1,541,520,000,000
1993 1,682,420,000,000
1994 1,932,660,000,000
1995 2,176,580,000,000
1996 2,481,300,000,000
1997 2,773,380,000,000
1998 3,046,220,000,000
1999 3,347,590,000,000
2000 3,697,560,000,000
2001 4,024,400,000,000
2002 4,350,560,000,000
2003 4,717,810,000,000
2004 5,323,900,000,000
2005 5,917,280,000,000
2006 6,550,420,000,000
2007 7,198,240,000,000
2008 8,050,200,000,000
2009 8,390,420,000,000
2010 9,399,450,000,000
2011 10,144,700,000,000
2012 11,060,600,000,000
2013 12,050,600,000,000
2014 13,206,800,000,000
2015 13,944,200,000,000
2016 15,132,400,000,000
2017 16,556,700,000,000
2018 18,265,200,000,000
2019 19,517,900,000,000
2020 17,938,600,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts