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Economy of the Philippines

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GDP Composition by Industry

9.1% 20.0% 7.7% 20.7% 35.6%
  • Agriculture, forestry & fishing: 9.1%
  • Mining, manufacturing & utilities: 20.0%
  • Construction: 7.7%
  • Trade, restaurants & hotels: 20.7%
  • Transport & communication: 7.0%
  • Finance, real estate & other services: 35.6%
Show table
Agriculture, forestry & fishing
9.1%
Mining, manufacturing & utilities
20.0%
Construction
7.7%
Trade, restaurants & hotels
20.7%
Transport & communication
7.0%
Finance, real estate & other services
35.6%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 512B #36 / 190 2026
GDP (Local currency - PHP) 30.22T - 2026
Real GDP (Local currency - PHP) 24.17T - 2026
PPP GDP (Int$) 1.57T #31 / 191 2026
GNI (USD) 522B #28 / 210 2024

GDP per Capita

GDP per Capita (USD) 4,443 #132 / 190 2026
GDP per Capita (Local currency - PHP) 262,111 - 2026
Real GDP per Capita (Local currency - PHP) 209,613 - 2026
PPP GDP per Capita (Int$) 13,639 #122 / 191 2026
GNI per Capita (USD) 4,504 #138 / 210 2024

Economic Growth

GDP Growth 4.1% #49 / 191 2026

Prices and Inflation

Inflation Rate 4.3% #64 / 191 2026

Labor Market

Unemployment Rate 4.7% #59 / 103 2026

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