Philippines GDP in 2020

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$361.75 billion 0.4261%
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According to the latest statistics released by the world bank in 2024, Philippines's gross domestic product(GDP) in 2020 was $361.75 billion, an increase of -4% over 2019, and GDP accounted for 0.4261% of the world economy in 2020, Philippines's GDP ranked 35th in the world, 11th in Asian countries and 3rd in ASEAN countries.