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Economy & jobs
Statistics · Country
Economic growth in Philippines
1961 – 2025 · 65 data points
8 of 40 · Countries
Updated Oct 21, 2026
Source: World Bank — World Development Indicators, 1961 – 2025
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Latest value · 2025
4.4%
Countries · 2025
8 of 40
Place 1 is the highest value.
vs World
+1.5 pp
World: 2.9% · 2025
Economic growth, 1961 – 2025 percent · Philippines
4.4%
2025
Source: World Bank — World Development Indicators, 1961 – 2025
Compared with Economic growth · percent
Philippines
4.4%
World
2.9%
Source: World Bank — World Development Indicators
The series at a glance Philippines · 1961 – 2025
Latest value
4.4% · 2025
First value
5.7% · 1961
Highest
8.8% · 1973
Lowest
-9.5% · 2020
Data points
65
By year
All years · 1961 – 2025
| Year | Philippines | Change | World |
|---|---|---|---|
| 2025 | 4.4% | 2.9% | |
| 2024 | 5.7% | 2.9% | |
| 2023 | 5.5% | 2.9% | |
| 2022 | 7.6% | 3.4% | |
| 2021 | 5.7% | 6.5% | |
| 2020 | -9.5% | -2.9% | |
| 2019 | 6.1% | 2.7% | |
| 2018 | 6.3% | 3.3% | |
| 2017 | 6.9% | 3.4% | |
| 2016 | 7.1% | 2.8% | |
| 2015 | 6.3% | 3.1% | |
| 2014 | 6.3% | 3.2% | |
| 2013 | 6.8% | 2.9% | |
| 2012 | 6.9% | 2.7% | |
| 2011 | 3.9% | 3.3% | |
| 2010 | 7.3% | 4.5% | |
| 2009 | 1.4% | -1.3% | |
| 2008 | 4.3% | 2.1% | |
| 2007 | 6.5% | 4.4% | |
| 2006 | 5.3% | 4.5% | |
| 2005 | 4.9% | 4.1% | |
| 2004 | 6.6% | 4.5% | |
| 2003 | 5.1% | 3.1% | |
| 2002 | 3.7% | 2.3% | |
| 2001 | 3.0% | 2.0% | |
| 2000 | 4.4% | 4.6% | |
| 1999 | 3.3% | 3.6% | |
| 1998 | -0.5% | 2.8% | |
| 1997 | 5.2% | 4.0% | |
| 1996 | 5.9% | 3.6% | |
| 1995 | 4.6% | 3.2% | |
| 1994 | 4.4% | 3.4% | |
| 1993 | 2.2% | 1.9% | |
| 1992 | 0.4% | 2.1% | |
| 1991 | -0.4% | 1.2% | |
| 1990 | 3.1% | 2.7% | |
| 1989 | 6.2% | 3.6% | |
| 1988 | 6.7% | 4.5% | |
| 1987 | 4.4% | 3.8% | |
| 1986 | 3.5% | 3.3% | |
| 1985 | -6.9% | 3.7% | |
| 1984 | -7.0% | 4.7% | |
| 1983 | 1.9% | 2.6% | |
| 1982 | 3.7% | 0.4% | |
| 1981 | 3.4% | 1.9% | |
| 1980 | 5.2% | 1.8% | |
| 1979 | 5.6% | 4.1% | |
| 1978 | 5.2% | 4.1% | |
| 1977 | 5.6% | 3.9% | |
| 1976 | 8.8% | 5.2% | |
| 1975 | 5.5% | 0.8% | |
| 1974 | 3.4% | 2.0% | |
| 1973 | 8.8% | 6.5% | |
| 1972 | 5.4% | 5.5% | |
| 1971 | 5.4% | 4.1% | |
| 1970 | 3.7% | 3.8% | |
| 1969 | 4.7% | 6.0% | |
| 1968 | 5.0% | 5.9% | |
| 1967 | 5.2% | 3.7% | |
| 1966 | 4.4% | 5.4% | |
| 1965 | 5.3% | 5.6% | |
| 1964 | 3.4% | 6.6% | |
| 1963 | 7.0% | 5.0% | |
| 1962 | 4.8% | 5.3% | |
| 1961 | 5.7% | 3.9% |
Source: World Bank — World Development Indicators, 1961 – 2025
Ranking · Countries
2020 · Place 1 is the highest value.
| # | Territory | Economic growth | |
|---|---|---|---|
| 41 | Lebanon | -21.4% | |
| 40 | Spain | -10.9% | |
| 39 | United Kingdom | -10.0% | |
| 38 | Argentina | -9.9% | |
| 37 | Philippines | -9.5% | |
| 36 | Ecuador | -9.2% | |
| 35 | Greece | -9.2% | |
| 34 | Honduras | -9.0% | |
| 33 | Italy | -8.9% | |
| 32 | Mexico | -8.4% | |
| 31 | France | -7.4% | |
| 30 | Colombia | -7.2% | |
| 29 | Hong Kong SAR China | -6.5% | |
| 28 | Congo - Brazzaville | -6.3% | |
| 27 | Chile | -6.1% | |
| 26 | India | -5.8% | |
| 25 | Czechia | -5.3% | |
| 24 | Canada | -5.0% | |
| 23 | Algeria | -5.0% | |
| 22 | Germany | -4.1% | |
| 21 | Netherlands | -3.9% | |
| 20 | Saudi Arabia | -3.8% | |
| 19 | Romania | -3.6% | |
| 18 | Brazil | -3.3% | |
| 17 | Bulgaria | -3.1% | |
| 16 | Liberia | -3.0% | |
| 15 | Russia | -2.7% | |
| 14 | Finland | -2.5% | |
| 13 | United States | -2.1% | |
| 12 | Indonesia | -2.1% | |
| 11 | Poland | -2.0% | |
| 10 | Gabon | -1.8% | |
| 9 | Norway | -1.4% | |
| 8 | Sierra Leone | -1.3% | |
| 7 | South Korea | -0.7% | |
| 6 | Lithuania | 0.0% | |
| 5 | Congo - Kinshasa | 0.8% | |
| 4 | Türkiye | 1.8% | |
| 3 | China | 2.3% | |
| 2 | Bangladesh | 3.4% | |
| 1 | Egypt | 3.6% |
Source: World Bank — World Development Indicators, 2020
What it means
How much the economy grew or shrank compared with the year before.
How it is calculated
Change in GDP at constant prices (inflation removed) from the previous year, in percent.