In 2021, GDP for Philippines was 394.09 billion US dollars. GDP of Philippines increased from 84.31 billion US dollars in 2002 to 394.09 billion US dollars in 2021 growing at an average annual rate of 8.67%.
The description is composed by our digital data assistant.GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.
| Date | Value | Change, % |
|---|---|---|
| 2021 | 394.09 | 8.94% |
| 2020 | 361.75 | -4.00% |
| 2019 | 376.82 | 8.64% |
| 2018 | 346.84 | 5.59% |
| 2017 | 328.48 | 3.09% |
| 2016 | 318.63 | 3.97% |
| 2015 | 306.45 | 3.01% |
| 2014 | 297.48 | 4.78% |
| 2013 | 283.90 | 8.39% |
| 2012 | 261.92 | 11.83% |
| 2011 | 234.22 | 12.40% |
| 2010 | 208.37 |