Nominal GDP
$487.09B
current US$ · 2025
World Bank
🇵🇭
Economy Snapshot
Philippines Economy and Trade
ManilaLocal time
GDP $487.09B · real growth 4.4% · latest verified annual data
The macro snapshot for the Philippines pairs $487.09B in nominal GDP (2025) with a real-growth reading of 4.4% (2025). The per-person GDP figure is $4,171 (2025); the CPI series shows 1.7% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.
GDP per capita
$4,171
current US$ · 2025
Source listed below
Real GDP growth
4.4%
annual % · 2025
Source listed below
Inflation
1.7%
CPI annual % · 2025
Source listed below
Philippines at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $306.45B2016: $318.63B2017: $328.48B2018: $346.84B2019: $376.82B2020: $361.75B2021: $394.09B2022: $404.35B2023: $437.06B2024: $461.67B2025: $487.09B
GDP per capita$4,171
Real growth4.4%
GDP year2025
2025 Inflation
1.7%
CPI annual %
2025 Unemployment
2.2%
labor-market measure
2025 GDP per capita
$4,171
current US$
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20254.4%
Unemployment20252.2%
Inflation20251.7%
Merchandise trade
WTO profile · 2024 · USD
Exports$72.98B
Imports$134.88B
Balance-$61.90B
Largest highlighted export destination
United States16.6%
Understand the numbers
What Philippines' economic profile is telling you
The Philippines grew by 4.4 percent in 2025, with inflation at 1.7 percent and modeled unemployment at 2.2 percent. Matched 2024 WTO merchandise data show imports substantially above exports, while the United States was the largest export destination.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Philippines | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $487.09B | 2025 | Actual |
| GDP per capitacurrent US$ | $4,171 | 2025 | Actual |
| Real GDP growthannual % | 4.4% | 2025 | Actual |
| InflationCPI annual % | 1.7% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 2.2% | 2025 | Estimate |
| Merchandise exportscurrent USD | $72.98B | 2024 | Actual |
| Merchandise importscurrent USD | $134.88B | 2024 | Actual |
Frequently Asked Questions
What is Philippines' latest GDP?
The verified GDP observation used here is $487.09B for 2025.
What does merchandise trade show for the Philippines?
Merchandise exports were $72.98B and imports were $134.88B in 2024, giving a same-year goods balance of -$61.90B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile