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Unit ( Billions of US dollars )
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According to the latest statistics released by the World Bank in 2024, Philippines's GDP in 2021 was $394.09 billion, ranking 38th in the world, 12th in Asian countries and 4th in ASEAN countries. In 2020, Philippines's GDP was $361.75 billion, ranking 35th in the world, 11th in Asian countries and 3rd in ASEAN countries. In 2019, Philippines's GDP was $376.82 billion, ranking 35th in the world, 11th in Asian countries and 3rd in ASEAN countries. In 2018, Philippines's GDP was $346.84 billion, ranking 40th in the world, 15th in Asian countries and 5th in ASEAN countries. Philippines's GDP growth rates in 2021, 2020, 2019 and 2018 were 8.94%, -4%, 8.64% and 5.59% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $394.09 billion | 0.4101% |
| 2020 | $361.75 billion | 0.4261% |
| 2019 | $376.82 billion | 0.4299% |
| 2018 | $346.84 billion | 0.4014% |
| 2017 | $328.48 billion | 0.4035% |
| 2016 | $318.63 billion | 0.4167% |
| 2015 | $306.45 billion | 0.4076% |
| 2014 | $297.48 billion | 0.3732% |
| 2013 | $283.9 billion | 0.3658% |
| 2012 | $261.92 billion | 0.347% |
| 2011 | $234.22 billion | 0.3171% |
| 2010 | $208.37 billion | 0.3129% |
| 2009 | $175.98 billion | 0.2894% |
| 2008 | $181.63 billion | 0.2832% |
| 2007 | $155.98 billion | 0.2673% |
| 2006 | $127.65 billion | 0.2465% |
| 2005 | $107.42 billion | 0.2248% |
| 2004 | $95 billion | 0.2153% |
| 2003 | $87.04 billion | 0.2223% |
| 2002 | $84.31 billion | 0.2415% |
| 2001 | $78.92 billion | 0.2348% |
| 2000 | $83.67 billion | 0.2473% |
| 1999 | $85.64 billion | 0.2616% |
| 1998 | $74.49 billion | 0.2362% |
| 1997 | $94.11 billion | 0.2976% |
| 1996 | $94.65 billion | 0.2982% |
| 1995 | $84.64 billion | 0.2727% |
| 1994 | $73.16 billion | 0.2625% |
| 1993 | $62.04 billion | 0.2402% |
| 1992 | $60.42 billion | 0.2378% |
| 1991 | $51.78 billion | 0.218% |
| 1990 | $50.51 billion | 0.2217% |
| 1989 | $48.51 billion | 0.2402% |
| 1988 | $43.15 billion | 0.2231% |
| 1987 | $37.79 billion | 0.2184% |
| 1986 | $33.99 billion | 0.2235% |
| 1985 | $34.96 billion | 0.2719% |
| 1984 | $35.73 billion | 0.2912% |
| 1983 | $37.76 billion | 0.319% |
| 1982 | $42.21 billion | 0.3636% |
| 1981 | $40.5 billion | 0.3454% |
| 1980 | $36.85 billion | 0.3251% |
| 1979 | $31.22 billion | 0.3106% |
| 1978 | $25.76 billion | 0.2976% |
| 1977 | $22.28 billion | 0.3032% |
| 1976 | $19.38 billion | 0.2982% |
| 1975 | $16.88 billion | 0.2823% |
| 1974 | $15.61 billion | 0.2908% |
| 1973 | $11.41 billion | 0.2451% |
| 1972 | $9.07 billion | 0.2376% |
| 1971 | $8.38 billion | 0.253% |
| 1970 | $7.56 billion | 0.2522% |
| 1969 | $9.57 billion | 0.3492% |
| 1968 | $8.63 billion | 0.3474% |
| 1967 | $7.73 billion | 0.3356% |
| 1966 | $7.19 billion | 0.3323% |
| 1965 | $6.52 billion | 0.3269% |
| 1964 | $5.95 billion | 0.3254% |
| 1963 | $5.51 billion | 0.3294% |
| 1962 | $4.96 billion | 0.3196% |
| 1961 | $8.17 billion | 0.5641% |
| 1960 | $7.52 billion | 0.5399% |