The Gross Domestic Product (GDP) in Philippines was worth 313.60 billion US dollars in 2017. The GDP value of Philippines represents 0.51 percent of the world economy. GDP in Philippines averaged 77.31 USD Billion from 1960 until 2017, reaching an all time high of 313.60 USD Billion in 2017 and a record low of 4.40 USD Billion in 1962.
GDP in Philippines is expected to be 321.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP is projected to trend around 330.00 USD Billion in 2020, according to our econometric models.