GDP From Services in Philippines decreased to 2526208 PHP Million in the first quarter of 2021 from 2830158 PHP Million in the fourth quarter of 2020. source: Phillipine Statistics Authority

GDP From Services in Philippines averaged 1080996.01 PHP Million from 2008 until 2020, reaching an all time high of 2662284 PHP Million in the first quarter of 2020 and a record low of 675416.60 PHP Million in the first quarter of 2008. This page provides - Philippines Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP From Services - values, historical data and charts - was last updated on July of 2021.

GDP From Services in Philippines is expected to be 2880158.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Philippines to stand at 2690412.00 in 12 months time. In the long-term, the Philippines GDP From Services is projected to trend around 3316238.00 PHP Million in 2022 and 3614699.00 PHP Million in 2023, according to our econometric models.

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Philippines GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
2526208.00 2830158.00 2830158.00 675416.60 2008 - 2021 PHP Million Quarterly
Constant Prices 2018, NSA

Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 3.80 8.00 -14.90 percent [+]
GDP Annual Growth Rate -4.20 -8.30 12.40 -17.00 percent [+]
GDP 361.49 376.82 376.82 4.40 USD Billion [+]
GDP Constant Prices 4244695.00 4825185.00 5260227.94 487413.68 PHP Million [+]
Gross National Product 4583578.37 4782915.81 5166622.67 944320.00 PHP Million [+]
Gross Fixed Capital Formation 872020.86 1029629.31 1072932.66 163357.69 PHP Million [+]
GDP per capita 2980.02 3340.13 3340.13 1100.02 USD [+]
GDP per capita PPP 7953.58 8914.72 8914.72 4006.70 USD [+]
GDP From Agriculture 434377.00 519641.00 519641.00 114778.44 PHP Million [+]
GDP From Construction 217314.00 326571.00 3089208.00 23906.00 PHP Million [+]
GDP From Manufacturing 882192.00 974013.00 974013.00 252377.26 PHP Million [+]
GDP From Mining 35552.00 30929.00 43890.00 10394.10 PHP Million [+]
GDP From Public Administration 205871.00 249426.00 255111.00 43289.41 PHP Million [+]
GDP From Services 2526208.00 2830158.00 2830158.00 675416.60 PHP Million [+]
GDP From Transport 136438.00 135648.00 168036.00 34827.71 PHP Million [+]
GDP From Utilities 138453.00 143873.00 167303.00 42117.43 PHP Million [+]