Philippines GDP (2026)
IMF (2026)
- Nominal (current) Gross Domestic Product (GDP) of the Philippines is $512.22 billion ($512,222,000,000) as of 2026, according to the International Monetary Fund (IMF).
- The GDP growth rate in 2026 is 4.1%, according to the International Monetary Fund (IMF).
- GDP per Capita in the Philippines (with a population of 117,724,471 people) is $4,443 in 2026, an increase of $172 from $4,270 in 2025; this represents a change of 4.0% in GDP per capita.
GDP Change (%)
Gross Domestic Product (GDP) of the Philippines
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2026 | $512,222,000,000 | 4.1% | $4,443 | 0.8% |
| 2025 | $487,161,000,000 | 4.4% | $4,270 | 0.81% |
| 2024 | $461,617,000,000 | 5.7% | $4,089 | 0.83% |
| 2023 | $437,055,000,000 | 5.5% | $3,905 | 0.81% |
| 2022 | $404,353,000,000 | 7.6% | $3,645 | 0.76% |
| 2021 | $394,087,000,000 | 5.7% | $3,580 | 0.91% |
| 2020 | $361,751,000,000 | −9.5% | $3,313 | 1.15% |
| 2019 | $376,823,000,000 | 6.1% | $3,512 | 1.22% |
| 2018 | $346,842,000,000 | 6.3% | $3,280 | 1.24% |
| 2017 | $328,481,000,000 | 6.9% | $3,153 | 1.3% |
| 2016 | $318,627,000,000 | 7.1% | $3,108 | 1.35% |
| 2015 | $306,446,000,000 | 6.3% | $3,039 | 1.49% |
| 2014 | $297,484,000,000 | 6.3% | $2,996 | 1.66% |
| 2013 | $283,903,000,000 | 6.8% | $2,903 | 1.9% |
| 2012 | $261,920,000,000 | 6.9% | $2,721 | 1.96% |
| 2011 | $234,217,000,000 | 3.9% | $2,473 | 1.98% |
| 2010 | $208,369,000,000 | 7.3% | $2,237 | 2.07% |
| 2009 | $176,132,000,000 | 1.4% | $1,924 | 1.82% |
| 2008 | $181,007,000,000 | 4.3% | $2,012 | 1.78% |
| 2007 | $155,980,000,000 | 6.5% | $1,765 | 1.75% |
| 2006 | $127,653,000,000 | 5.3% | $1,471 | 1.7% |
| 2005 | $107,420,000,000 | 4.9% | $1,261 | 1.88% |
| 2004 | $95,002,000,000 | 6.6% | $1,137 | 1.96% |
| 2003 | $87,039,000,000 | 5.1% | $1,063 | 2% |
| 2002 | $84,307,000,000 | 3.7% | $1,050 | 2.05% |
| 2001 | $78,921,000,000 | 3.0% | $1,004 | 2.23% |
| 2000 | $83,667,000,000 | 4.4% | $1,087 | 2.41% |
| 1999 | $85,640,000,000 | 3.3% | $1,112 | 2.59% |
| 1998 | $74,492,000,000 | −0.5% | $988 | 2.55% |
| 1997 | $94,106,000,000 | 5.2% | $1,280 | 2.38% |
| 1996 | $94,650,000,000 | 5.9% | $1,316 | 2.33% |
| 1995 | $84,644,000,000 | 4.6% | $1,237 | 2.21% |
| 1994 | $73,159,000,000 | 4.4% | $1,095 | 2.2% |
| 1993 | $62,037,000,000 | 2.2% | $950 | 2.43% |
| 1992 | $60,422,000,000 | 0.4% | $947 | 2.4% |
| 1991 | $51,784,000,000 | −0.4% | $830 | 2.43% |
| 1990 | $50,508,000,000 | 3.0% | $829 | 2.59% |
| 1989 | $48,652,000,000 | 6.2% | $817 | 2.55% |
| 1988 | $43,293,000,000 | 6.8% | $744 | 2.72% |
| 1987 | $37,932,000,000 | 4.3% | $667 | 2.67% |
| 1986 | $34,129,000,000 | 3.4% | $615 | 2.59% |
| 1985 | $34,973,000,000 | −7.3% | $646 | 2.77% |
| 1984 | $35,860,000,000 | −7.3% | $678 | 2.93% |
| 1983 | $37,953,000,000 | 1.9% | $736 | 2.96% |
| 1982 | $42,441,000,000 | 3.6% | $843 | 2.81% |
| 1981 | $40,735,000,000 | 3.4% | $830 | 2.64% |
| 1980 | $37,082,000,000 | 5.1% | $774 | 2.64% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2026 | $1,572,561,000,000 | $13,639 | 5.9% | 0.8% |
| 2025 | $1,469,033,000,000 | $12,877 | 6.2% | 0.81% |
| 2024 | $1,368,259,000,000 | $12,121 | 7.4% | 0.83% |
| 2023 | $1,263,212,000,000 | $11,288 | 8.5% | 0.81% |
| 2022 | $1,154,428,000,000 | $10,406 | 14.3% | 0.76% |
| 2021 | $1,001,825,000,000 | $9,101 | 7.6% | 0.91% |
| 2020 | $923,367,000,000 | $8,456 | −8.3% | 1.15% |
| 2019 | $988,832,000,000 | $9,216 | 6.5% | 1.22% |
| 2018 | $914,883,000,000 | $8,651 | 7.2% | 1.24% |
| 2017 | $840,501,000,000 | $8,069 | 7.1% | 1.3% |
| 2016 | $772,192,000,000 | $7,531 | 6.4% | 1.35% |
| 2015 | $713,885,000,000 | $7,080 | 5.7% | 1.49% |
| 2014 | $665,098,000,000 | $6,697 | 6.5% | 1.66% |
| 2013 | $614,692,000,000 | $6,286 | 6.9% | 1.9% |
| 2012 | $566,184,000,000 | $5,882 | 7.1% | 1.96% |
| 2011 | $519,973,000,000 | $5,491 | 4.3% | 1.98% |
| 2010 | $490,535,000,000 | $5,267 | 6.8% | 2.07% |
| 2009 | $451,528,000,000 | $4,931 | 0.3% | 1.82% |
| 2008 | $442,353,000,000 | $4,916 | 4.5% | 1.78% |
| 2007 | $415,923,000,000 | $4,706 | 7.4% | 1.75% |
| 2006 | $380,168,000,000 | $4,380 | 6.5% | 1.7% |
| 2005 | $350,178,000,000 | $4,112 | 6.2% | 1.88% |
| 2004 | $323,540,000,000 | $3,872 | 7.3% | 1.96% |
| 2003 | $295,646,000,000 | $3,609 | 5% | 2% |
| 2002 | $275,888,000,000 | $3,437 | 3.1% | 2.05% |
| 2001 | $261,932,000,000 | $3,332 | 3.1% | 2.23% |
| 2000 | $248,585,000,000 | $3,230 | 6.8% | 2.41% |
| 1999 | $232,873,000,000 | $3,025 | 2.6% | 2.59% |
| 1998 | $222,188,000,000 | $2,948 | −1.8% | 2.55% |
| 1997 | $220,854,000,000 | $3,004 | 4.6% | 2.38% |
| 1996 | $206,405,000,000 | $2,871 | 2.6% | 2.33% |
| 1995 | $191,473,000,000 | $2,799 | 4.4% | 2.21% |
| 1994 | $179,251,000,000 | $2,682 | 4.2% | 2.2% |
| 1993 | $168,149,000,000 | $2,574 | 2.2% | 2.43% |
| 1992 | $160,748,000,000 | $2,519 | 0.4% | 2.4% |
| 1991 | $156,513,000,000 | $2,510 | 0.6% | 2.43% |
| 1990 | $152,056,000,000 | $2,495 | 4.5% | 2.59% |
| 1989 | $142,250,000,000 | $2,389 | 7.8% | 2.55% |
| 1988 | $128,885,000,000 | $2,216 | 8.1% | 2.72% |
| 1987 | $116,620,000,000 | $2,050 | 4.3% | 2.67% |
| 1986 | $109,096,000,000 | $1,966 | 3% | 2.59% |
| 1985 | $103,409,000,000 | $1,909 | −6.7% | 2.77% |
| 1984 | $108,141,000,000 | $2,046 | −6.3% | 2.93% |
| 1983 | $112,622,000,000 | $2,183 | 3.3% | 2.96% |
| 1982 | $106,384,000,000 | $2,114 | 7.3% | 2.81% |
| 1981 | $96,693,000,000 | $1,970 | 10.4% | 2.64% |
| 1980 | $85,411,000,000 | $1,784 | – | 2.64% |
| Year | GDP Nominal (Current USD) | GDP Real (Constant, Inflation Adjusted) | Pop. Change |
|---|---|---|---|
| 2024 | $461,617,509,782 | $454,721,721,977 | 0.83% |
| 2023 | $437,055,627,244 | $430,232,801,526 | 0.81% |
| 2022 | $404,353,369,605 | $407,730,367,707 | 0.76% |
| 2021 | $394,087,359,848 | $378,998,554,989 | 0.91% |
| 2020 | $361,751,145,452 | $358,510,629,276 | 1.15% |
| 2019 | $376,823,402,239 | $396,224,439,237 | 1.22% |
| 2018 | $346,841,896,587 | $373,379,140,696 | 1.24% |
| 2017 | $328,480,736,803 | $351,113,338,966 | 1.3% |
| 2016 | $318,627,003,017 | $328,355,086,269 | 1.35% |
| 2015 | $306,445,871,242 | $306,445,871,242 | 1.49% |
| 2014 | $297,483,555,338 | $288,153,024,772 | 1.66% |
| 2013 | $283,902,828,589 | $270,952,964,501 | 1.9% |
| 2012 | $261,920,540,963 | $253,818,843,989 | 1.96% |
| 2011 | $234,216,730,291 | $237,442,546,235 | 1.98% |
| 2010 | $208,368,893,151 | $228,621,785,457 | 2.07% |
| 2009 | $175,974,755,881 | $212,999,348,337 | 1.82% |
| 2008 | $181,624,626,327 | $209,958,471,374 | 1.78% |
| 2007 | $155,980,408,673 | $201,216,639,994 | 1.75% |
| 2006 | $127,652,926,368 | $188,901,594,317 | 1.7% |
| 2005 | $107,419,977,318 | $179,365,762,736 | 1.88% |
| 2004 | $95,001,999,685 | $170,918,125,627 | 1.96% |
| 2003 | $87,039,092,974 | $160,382,249,186 | 2% |
| 2002 | $84,307,345,888 | $152,618,672,919 | 2.05% |
| 2001 | $78,921,234,458 | $147,150,196,386 | 2.23% |
| 2000 | $83,669,788,377 | $142,796,015,522 | 2.41% |
| 1999 | $85,640,171,045 | $136,800,717,247 | 2.59% |
| 1998 | $74,492,416,330 | $132,370,986,793 | 2.55% |
| 1997 | $94,106,317,565 | $133,055,010,092 | 2.38% |
| 1996 | $94,648,084,429 | $126,494,485,337 | 2.33% |
| 1995 | $84,644,328,727 | $119,491,847,401 | 2.21% |
| 1994 | $73,159,336,915 | $114,209,405,301 | 2.2% |
| 1993 | $62,036,529,147 | $109,423,583,330 | 2.43% |
| 1992 | $60,422,328,242 | $107,087,061,460 | 2.4% |
| 1991 | $51,784,144,943 | $106,641,694,746 | 2.43% |
| 1990 | $50,508,286,642 | $107,109,108,270 | 2.59% |
| 1989 | $48,513,773,721 | $103,906,025,759 | 2.55% |
| 1988 | $43,152,128,959 | $97,854,767,009 | 2.72% |
| 1987 | $37,791,488,666 | $91,712,822,474 | 2.67% |
| 1986 | $33,987,207,295 | $87,879,678,171 | 2.59% |
| 1985 | $34,961,486,348 | $84,899,137,702 | 2.77% |
| 1984 | $35,730,185,634 | $91,150,588,918 | 2.93% |
| 1983 | $37,759,179,895 | $98,052,903,643 | 2.96% |
| 1982 | $42,206,011,275 | $96,227,514,092 | 2.81% |
| 1981 | $40,499,388,869 | $92,795,557,533 | 2.64% |
| 1980 | $36,848,080,899 | $89,724,981,381 | 2.64% |
| 1979 | $31,218,296,292 | $85,289,329,759 | 2.7% |
| 1978 | $25,762,224,563 | $80,769,798,288 | 2.72% |
| 1977 | $22,283,109,803 | $76,782,933,145 | 2.7% |
| 1976 | $19,381,055,197 | $72,736,616,791 | 2.57% |
| 1975 | $16,875,240,684 | $66,866,781,056 | 2.3% |
| 1974 | $15,607,882,555 | $63,410,224,489 | 2.18% |
| 1973 | $11,412,449,735 | $61,328,367,804 | 2.25% |
| 1972 | $9,067,815,521 | $56,377,307,515 | 2.31% |
| 1971 | $8,375,075,630 | $53,473,489,812 | 2.38% |
| 1970 | $7,559,115,517 | $50,739,152,607 | 2.62% |
| 1969 | $9,571,800,653 | $48,932,332,358 | 2.87% |
| 1968 | $8,632,749,269 | $46,740,451,308 | 2.94% |
| 1967 | $7,724,873,935 | $44,498,543,745 | 2.99% |
| 1966 | $7,189,017,888 | $42,289,875,657 | 3.04% |
| 1965 | $6,517,349,772 | $40,491,580,380 | 3.1% |
| 1964 | $5,953,756,195 | $38,437,083,909 | 3.16% |
| 1963 | $5,505,023,238 | $37,172,298,520 | 3.2% |
| 1962 | $4,954,593,072 | $34,735,185,774 | 3.23% |
| 1961 | $8,171,194,425 | $33,129,626,605 | 3.23% |
| 1960 | $7,515,894,111 | $31,344,414,578 | 3.66% |
Philippines GDP Projections (IMF)
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2027 | $556,747,000,000 | 5.8% | $4,778 | 0.79% |
| 2028 | $605,640,000,000 | 6.1% | $5,143 | 0.78% |
| 2029 | $658,454,000,000 | 6.1% | $5,532 | 0.77% |
| 2030 | $715,542,000,000 | 6.0% | $5,949 | 0.75% |
| 2031 | $777,576,000,000 | 6.0% | $6,396 | 0.74% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2027 | $1,699,893,000,000 | $14,588 | −6.3% | 0.79% |
| 2028 | $1,832,805,000,000 | $15,563 | −6.4% | 0.78% |
| 2029 | $1,978,359,000,000 | $16,622 | −6.4% | 0.77% |
| 2030 | $2,135,729,000,000 | $17,756 | −6.4% | 0.75% |
| 2031 | $2,304,874,000,000 | $18,960 | – | 0.74% |
Sources:
- IMF, World Economic Outlook (April 2026).
- World Bank
- National Accounts Data – United Nations Statistics Division
- World Population Prospects: The 2024 Revision – United Nations Population Division