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Philippines · GDP annual growth rate

Philippines GDP annual growth rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 20254.4%
Previous · 20245.71%
Highest · 19738.78%
Lowest · 2020-9.52%

Philippines's gdp annual growth rate stands at 4.4% as of 2025-12-31, down from 5.71% in 2024. Historical data runs from 1961 to 2025 (65 observations).

Recent trend

In 2025, Philippines's gdp annual growth rate was 4.4%, down from 5.71% in 2024.

In 2024, Philippines's gdp annual growth rate was 5.71%, up from 5.52% in 2023.

In 2023, Philippines's gdp annual growth rate was 5.52%, down from 7.58% in 2022.

In 2022, Philippines's gdp annual growth rate was 7.58%, up from 5.71% in 2021.

In 2021, Philippines's gdp annual growth rate was 5.71%, up from -9.52% in 2020.

Philippines GDP annual growth rate — historical data

YearValueChange
20254.4%-1.31%
20245.71%+0.1958%
20235.52%-2.06%
20227.58%+1.87%
20215.71%+15.23%
2020-9.52%-15.64%
20196.12%-0.223%
20186.34%-0.5895%
20176.93%-0.2185%
20167.15%+0.8011%
20156.35%+0.0003%
20146.35%-0.4025%
20136.75%-0.1464%
20126.9%+3.04%
20113.86%-3.48%
20107.33%+5.89%
20091.45%-2.9%
20084.34%-2.17%
20076.52%+1.2%
20065.32%+0.3739%
20054.94%-1.63%
20046.57%+1.48%
20035.09%+1.37%
20023.72%+0.667%
20013.05%-1.33%
20004.38%+1.04%
19993.35%+3.86%
1998-0.5141%-5.7%
19975.19%-0.6739%
19965.86%+1.24%
19954.63%+0.2516%
19944.37%+2.19%
19932.18%+1.76%
19920.4176%+0.854%
1991-0.4364%-3.52%
19903.08%-3.1%
19896.18%-0.513%
19886.7%+2.34%
19874.36%+0.8511%
19863.51%+10.37%
1985-6.86%+0.181%
1984-7.04%-8.94%
19831.9%-1.8%
19823.7%+0.2762%
19813.42%-1.78%
19805.2%-0.3949%
19795.6%+0.4032%
19785.19%-0.3706%
19775.56%-3.22%
19768.78%+3.33%
19755.45%+2.06%
19743.39%-5.39%
19738.78%+3.35%
19725.43%+0.0414%
19715.39%+1.7%
19703.69%-0.997%
19694.69%-0.3487%
19685.04%-0.1845%
19675.22%+0.7815%
19664.44%-0.9039%
19655.35%+1.94%
19643.4%-3.61%
19637.02%+2.17%
19624.85%-0.8492%
19615.7%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Philippines data

Frequently asked questions

What is Philippines's gdp annual growth rate?

Philippines's gdp annual growth rate is 4.4% as of 2025-12-31, compared with 5.71% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest gdp annual growth rate in Philippines?

The highest recorded value is 8.78% (1973); the lowest is -9.52% (2020), across data from 1961 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.