WorldEast Asia & PacificPhilippines

Philippines

PHLEast Asia & PacificLower middle incomeCapital: Manila
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
76/80 indicators · percentile vs world (IMF / WB / WHO)underover
Philippines in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world Philippines· trajectory line: 1980 → today
About Philippines

Philippines's GDP is $533.92B (2026), with a population of 115.8M, and GDP per capita of $4,619. Key indicators include real GDP growth of 5.7%, inflation at 2.6%, unemployment at 3.9%, government debt at 58.8% of GDP, life expectancy of 69.8 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

The economy is projected to grow at a rate of 5.7% in 2026, with a GDP of $533.922 billion. The GDP per capita is expected to reach $4619.101, reflecting moderate economic progress. Inflation is anticipated to be 2.6%, indicating stable price levels. Trade constitutes 65.885% of the GDP in 2024, highlighting a significant reliance on external commerce. The unemployment rate is forecasted to be 2.235% in 2025, suggesting a robust labor market. The population stands at approximately 115.8 million in 2024. Life expectancy is 69.833 years, reflecting ongoing improvements in healthcare and living standards. The society benefits from a diverse cultural heritage and a strategic location in the East Asia & Pacific region, contributing to its dynamic social and economic landscape.

Economy30 indicators · 2021–2027 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD, Billions)$5792027 8.5%IMF
Real GDP Growth (%)6.0%2027 5.3%IMF
GDP per Capita (USD)$4,9602027 7.4%IMF
GDP, PPP (Billions Intl $)$1,7142027 7.8%IMF
GDP per Capita, PPP (Intl $)$14,6732027 6.6%IMF
Share of World GDP, PPP (%)0.74%2027 2.6%IMF
GNI (Current USD)$521.77B2024 7.6%WB
GNI per Capita (USD)$4,4702024 3.5%WB
GNI per Capita, PPP (USD)$13,3302024 9.4%WB
Industry Value Added (% of GDP)27.7%2024 1.8%WB
Services Value Added (% of GDP)63.2%2024 1.3%WB
Agriculture Value Added (% of GDP)9.1%2024 3.4%WB
Government Consumption (% of GDP)14.5%2024 2.0%WB
Household Consumption (% of GDP)76.1%2024 0.5%WB
Gross Capital Formation (% of GDP)23.7%2024 1.2%WB
Gross Savings (% of GNI)29.2%2024 6.9%WB
GDP Deflator (%)2.9%2024 36.7%WB
GDP per Person Employed (USD)$23,9542024 3.8%WB
Manufacturing Value Added (% of GDP)15.7%2024 3.4%WB
Medium/High-Tech Manufacturing (% of total)29.0%2022 1.4%WB
Adjusted Net National Income per Capita (USD)$3,1962021WB
Adjusted Net Savings (% of GNI)7.7%2021 40.6%WB
External Balance on Goods & Services (% of GDP)-14.3%2024 1.4%WB
Coal Rents (% of GDP)0.09%2021WB
Mineral Rents (% of GDP)1.52%2021 280.1%WB
Oil Rents (% of GDP)0.03%2021WB
Natural Gas Rents (% of GDP)0.16%2021 35.7%WB
Total Natural Resources Rents (% of GDP)2.0%2021 158.2%WB
Forest Rents (% of GDP)0.16%2021WB
Industry Value Added (Current USD)$127.84B2024 3.7%WB
Stock Markets1 indicator · 2026 · WB
IndicatorValueYearΔ YoYSrc
PSEi6,098.212026 9.8%WB
Financial Markets2 indicators · 2025–2026 · WB
IndicatorValueYearΔ YoYSrc
Exchange Rate (per USD)59.932026WB
Exchange Rate (per EUR)64.982025 4.8%WB
Fiscal & Monetary18 indicators · 2022–2027 · IMF / WB
Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)65.9%2024 2.3%WB
Exports of Goods & Services (% of GDP)25.8%2024 3.2%WB
Imports of Goods & Services (% of GDP)40.1%2024 1.6%WB
Exports of Goods & Services (USD)$118.97B2024 2.2%WB
Imports of Goods & Services (USD)$185.16B2024 3.9%WB
Merchandise Exports (USD)$72.98B2024 0.7%WB
Merchandise Imports (USD)$134.88B2024 0.8%WB
FDI Inflows (% of GDP)2.0%2024 0.1%WB
FDI Outflows (% of GDP)0.6%2024 22.9%WB
FDI Net Inflows (USD)$9.44B2024 5.8%WB
Personal Remittances Received (USD)$40.28B2024 3.0%WB
Personal Remittances Received (% of GDP)8.7%2024 2.5%WB
High-Tech Exports (% of manufactured)61.0%2024 4.7%WB
Current Account Balance (% of GDP)-4.0%2024 39.6%WB
Current Account Balance (USD)$-18.26B2024 47.4%WB
External Debt7 indicators · 2023–2024 · WB
IndicatorValueYearΔ YoYSrc
External Debt (% of GNI)26.3%2024 2.3%WB
External Debt Stocks (USD)$137.02B2024 10.1%WB
Total Debt Service (% of GNI)3.5%2024 13.8%WB
Present Value of External Debt (USD)$65.96B2024WB
Use of IMF Credit (USD)$3.65B2024 2.8%WB
Net ODA Received (% of GNI)0.4%2023 0.8%WB
Net ODA Received (USD)$1.84B2023 14.2%WB
Finance12 indicators · 2023–2024 · WB
Business Environment1 indicator · 2023 · WB
IndicatorValueYearΔ YoYSrc
Time to Get Electricity (days)192023WB
Private Sector6 indicators · 2023 · WB
People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population115.8M2024 0.8%WB
Population Growth (%)0.8%2024 1.9%WB
Population Density (per km²)3852023 0.8%WB
Surface Area (sq km)300,0002023 0.0%WB
Land Area (sq km)298,1702023 0.0%WB
Urban Population (%)55.5%2024 0.6%WB
Urban Population (total)64.2M2024 1.4%WB
Rural Population (%)44.5%2024 0.7%WB
Life Expectancy at Birth69.8 years2023 0.5%WB
Life Expectancy, Male66.9 years2023 0.5%WB
Life Expectancy, Female72.8 years2023 0.5%WB
Fertility Rate (births per woman)1.92023 0.7%WB
Birth Rate (per 1,000)162023 0.2%WB
Death Rate (per 1,000)6.22023 0.5%WB
Net Migration-149,3152025 6.9%WB
Population Ages 0–14 (%)27.9%2024 2.6%WB
Population Ages 15–64 (%)66.6%2024 0.8%WB
Population Ages 65+ (%)5.5%2024 4.4%WB
Age Dependency Ratio (%)50.1%2024 2.3%WB
Old-Age Dependency Ratio (%)8.2%2024 3.6%WB
Youth Dependency Ratio (%)41.8%2024 3.3%WB
Mortality Rate, Adult Male (per 1,000)2262023 2.4%WB
Mortality Rate, Adult Female (per 1,000)131.62023 3.2%WB
Labor20 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force52.2M2025 1.7%WB
Labor Force Participation (%)61.4%2025 0.1%WB
Female Labor Force Participation (%)50.5%2025 0.0%WB
Male Labor Force Participation (%)72.5%2025 0.1%WB
Unemployment (%)2.2%2025 1.5%WB
Female Unemployment (%)2.5%2025 0.2%WB
Male Unemployment (%)2.1%2025 3.1%WB
Youth Unemployment (%)7.0%2025 1.1%WB
Employment in Agriculture (%)20.5%2025 3.3%WB
Employment in Industry (%)20.0%2025 2.4%WB
Employment in Services (%)59.5%2025 0.4%WB
Self-Employed (%)60.4%2023 0.6%WB
Vulnerable Employment (%)33.6%2025 0.9%WB
Wage & Salaried Workers (% of total)63.9%2025 0.5%WB
Part-Time Employment (%)31.2%2023 4.4%WB
Employers (% of total employment)2.5%2025 0.1%WB
Labor Force, Female (% of total)41.6%2025 0.1%WB
Employment to Population Ratio (%)60.0%2025 0.1%WB
Self-Employed (% of total)36.1%2025 0.8%WB
NEET Youth (% not in education/employment)12.4%2023 4.6%WB
Education19 indicators · 2009–2025 · WB
Health42 indicators · 2019–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)5.1%2023 1.1%WHO
Health Spending per Capita (USD)$1942023 6.1%WHO
Government Health Spending (% of GDP)2.2%2023 6.9%WHO
Out-of-Pocket Health Spending (% of total)44.4%2023 0.6%WHO
Physicians (per 1,000 people)0.82021WHO
Nurses & Midwives (per 1,000)4.82021 0.1%WHO
Hospital Beds (per 1,000)12021WHO
Infant Mortality (per 1,000 live births)26.92023 1.5%WHO
Neonatal Mortality (per 1,000)142023 1.4%WHO
Maternal Mortality (per 100,000)842023 8.7%WHO
Under-5 Mortality, Female (per 1,000)242023 1.6%WHO
Under-5 Mortality, Male (per 1,000)29.62023 2.0%WHO
Cause of Death, Communicable (%)24.3%2019WHO
Cause of Death, Non-Communicable (%)69.7%2019WHO
Cause of Death, Injury (%)6.0%2019WHO
Measles Immunization (% of children)80.0%2024 1.2%WHO
DPT Immunization (% of children)71.0%2024 20.2%WHO
HIV Incidence (per 1,000)0.272024 12.5%WHO
Tuberculosis Incidence (per 100,000)6252024 1.1%WHO
Stunting, Children Under 5 (%)26.7%2021WHO
Overweight, Children Under 5 (%)3.9%2021WHO
Smoking Prevalence, Males (%)36.2%2022 2.4%WHO
Smoking Prevalence, Females (%)4.5%2022 6.2%WHO
Suicide Mortality Rate (per 100,000)3.52021 10.1%WHO
Alcohol Consumption (liters per capita)5.72020WHO
Maternal Deaths1,5412023 8.7%WHO
Tuberculosis Incidence (per 100K)6252024 1.1%WHO
People Living with HIV220,0002024 15.8%WHO
Malaria Deaths (estimated)492024 48.5%WHO
Malaria Incidence (per 1K at risk)0.42024 51.9%WHO
DTP3 Immunization Coverage (%)71%2024 20.2%WHO
Measles Immunization Coverage (%)80%2024 1.2%WHO
Hepatitis B Immunization Coverage (%)71%2024 18.4%WHO
Physicians (total)92024 9.7%WHO
Nursing & Midwifery Personnel532024 10.4%WHO
Dentists (total)539,5362024 13.3%WHO
Pharmacists (total)72,8862024 11.3%WHO
Child Wasting (<5 years, %)5.4%2021WHO
Child Underweight (<5 years, %)16.7%2021WHO
Universal Health Coverage Index692023 0.0%WHO
Road Traffic Death Rate (per 100K)11,0622021WHO
Health Expenditure per Capita (WHO, USD)$1942023 6.1%WHO
Energy & Environment16 indicators · 2020–2024 · WB / WHO
Agriculture11 indicators · 2022–2023 · WB
Technology11 indicators · 2021–2024 · WB
Infrastructure8 indicators · 2004–2023 · WB
Gender9 indicators · 2017–2025 · WB
Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption-0.542023 0.7%WB
Government Effectiveness0.152023 141.0%WB
Political Stability-0.572023 13.6%WB
Regulatory Quality0.162023 161.6%WB
Rule of Law-0.422023 19.3%WB
Voice & Accountability-0.022023 69.3%WB
Control of Corruption (percentile rank)32.5%2023 2.8%WB
Government Effectiveness (percentile rank)58.0%2023 4.2%WB
Rule of Law (percentile rank)37.3%2023 12.9%WB
Political Stability (percentile rank)23.7%2023 6.9%WB
Military6 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)1.3%2024 12.6%WB
Military Expenditure (USD)$6.12B2024 19.0%WB
Armed Forces Personnel157,0002020WB
Armed Forces (% of labor force)0.4%2020WB
Military Spending (% of govt expenditure)5.4%2024 14.1%WB
Intentional Homicides (per 100,000)4.32023WB
Poverty & Inequality12 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Poverty at $2.15/day (%)5.3%2023 34.6%WB
Poverty at $3.65/day (%)16.9%2023 20.7%WB
Poverty at $6.85/day (%)58.7%2023 5.8%WB
Poverty Headcount, National (%)15.5%2023 14.4%WB
Gini Index39.32023 3.4%WB
Income Share, Top 10%31.6%2023 2.8%WB
Income Share, Bottom 10%2.9%2023 7.4%WB
Income Share, Top 20%46.9%2023 2.3%WB
Income Share, Bottom 20%6.9%2023 6.2%WB
Shared Prosperity Premium (%)-0.1%2023WB
Survey Mean Consumption (2017 PPP $ per day)9.932023WB
Poverty Gap at $2.15/day (%)1.0%2023 37.5%WB
Social Protection4 indicators · 2020 · WB
IndicatorValueYearΔ YoYSrc
Human Capital Index (0–1)0.522020WB
Human Capital Index, Female0.542020WB
Human Capital Index, Male0.492020WB
Learning-Adjusted Years of School7.5 years2020WB
Tourism6 indicators · 2020 · WB
Urban Development8 indicators · 2022–2025 · WB / WHO

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