Philippines GDP Growth Rate — 2026 Data, Trend & Forecast
The Philippines' GDP growth rate was 4.40% in December 2025, down from 5.71% the previous year. A year earlier it stood at 5.71%.
The Philippines' GDP growth rate stands at 4.40% as of December 2025. The GDP growth rate currently sits at 4.40% (down from 5.71% in the prior year). Across the tracked window it has ranged between -9.52% and 8.78%, and is 1.31% lower than a year ago.
The trend
Among the 214 economies tracked on this platform, Philippines ranks #66 on GDP growth rate by latest value. It fell from 5.71% in the previous year, and compares with a year-earlier 5.71%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Dec 2025 | 4.40% |
| Dec 2024 | 5.71% |
| Dec 2023 | 5.52% |
| Dec 2022 | 7.58% |
| Dec 2021 | 5.71% |
| Dec 2020 | -9.52% |
| Dec 2019 | 6.12% |
| Dec 2018 | 6.34% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of the Philippines in 2026?
The Philippines' GDP growth rate was 4.40% in December 2025, down from 5.71% the previous year. A year earlier it stood at 5.71%.
Is the GDP growth rate rising or falling in the Philippines?
It fell in the latest reading — 4.40% in December 2025 versus 5.71% a year earlier. Year on year it is lower.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.