Philippines

Country in Asia

In brief

GDP: $487.1B (2025). World rank 33 of 210; in Asia, 13 of 47. Unemployment: 2.2% (2025). World rank 21 of 186 (1 = best); in Asia, 10 of 49. Remittances received, share of GDP: 8.5% (2025). World rank 34 of 178; in Asia, 9 of 38. From 2015 to 2025: GDP $306.4B → $487.1B, GDP per person $2,910 → $4,171, and GDP per person at purchasing power parity $6,894 → $12,577.

Size and growth

GDP: $487.1B 2025
GDP per person: $4,171 2025
GDP per person at purchasing power parity: $12,577 2025
GDP growth per year: +4.4% 2025

Income and prices

Income level (World Bank): Upper-middle income
Gross national income per person: $4,850 2025
Inflation: +1.7% 2025
Price level, USA = 100: 33 2025

Structure and jobs

Agriculture, share of GDP: 8.6% 2025
Industry, share of GDP: 27% 2025
Services, share of GDP: 64.4% 2025
Unemployment: 2.2% 2025
Youth unemployment, ages 15–24: 7% 2025
Women in work or seeking work: 50.5% 2025

Trade and finance

Exports, share of GDP: 26.6% 2025
Imports, share of GDP: 40.2% 2025
Current account balance, share of GDP: -3.5% 2025
Foreign direct investment, share of GDP: +1.7% 2025
Remittances received, share of GDP: 8.5% 2025
Tax revenue, share of GDP: 14.4% 2024
Currency: Philippine Peso (PHP)

Poverty and inequality

Gini index (0 = full equality): 39.3 2023
Living on under $3 a day: 5.3% 2023