Philippines vs Viet Nam
Side-by-side economic and demographic comparison · 2026 data · Source: IMF & World Bank
The Philippines and Vietnam are fast-growing Southeast Asian economies with similar population sizes (~110M each) but divergent growth models. Vietnam has pursued aggressive export-led industrialization, becoming a major manufacturing hub for Samsung, Apple suppliers, and Nike. The Philippines' growth is more services-driven, with business process outsourcing (BPO/call centers) employing over 1.3 million workers and remittances from overseas workers contributing ~10% of GDP. Vietnam's GDP has recently overtaken the Philippines', and its manufacturing sector is significantly larger.
Philippines has a GDP of $533.92B compared to Viet Nam's $511.06B, making it 1.0x larger. Philippines's population is 115.8M vs Viet Nam's 101.0M. Across 12 key indicators, both countries are evenly matched in categories. All data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
| Indicator |  Philippines |  Viet Nam |
|---|---|---|
| GDP (USD) | $533.92B✓ | $511.06B |
| GDP per Capita | $4,619 | $4,965✓ |
| GDP Growth (%) | 5.7%✓ | 5.6% |
| GDP per Capita (PPP) | $13,760 | $18,870✓ |
| Population | 115.8M✓ | 101.0M |
| Life Expectancy | 69.8 years | 74.6 years✓ |
| Inflation (%) | 2.6%✓ | 3.2% |
| Unemployment (%) | 3.9% | 2.5%✓ |
| Govt Debt (% GDP) | 58.8% | 31.8%✓ |
| Fertility Rate | 1.9✓ | 1.9 |
| Gini Index | 39.3 | 36.1✓ |
| CO₂ per Capita (t) | 1.5✓ | 4.3 |
Summary
Philippines has a GDP of $533.92B compared to Viet Nam's $511.06B, making the former economy 1.0x larger. In terms of population, Philippines has 115.8M people while Viet Nam has 101.0M. Across the 12 indicators compared, Philippines leads in 6 and Viet Nam leads in 6.
PhilippinesViet Nam