Philippines GDP in 2021

Show Sources

Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$394.09 billion 0.4101%
Data Compare

According to the latest statistics released by the world bank in 2024, Philippines's gross domestic product(GDP) in 2021 was $394.09 billion, an increase of 8.94% over 2020, and GDP accounted for 0.4101% of the world economy in 2021, Philippines's GDP ranked 38th in the world, 12th in Asian countries and 4th in ASEAN countries.