PHL · East Asia & Pacific / East Asia & Pacific (excluding high income)

Location

GDP per capita: 4,171 USD (PPP: 12,577 intl$) · Total GDP: 487.1 billion USD (2025)

Income and purchasing power

The average monthly income in Philippines is 404 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
35.0
Est. monthly cost: $1,225
65.0% cheaper than NYC
Rent Index
12.0
1-bedroom, center: $336/month
88.0% cheaper than NYC
Groceries Index
38.0
Per person/month: $171
62.0% cheaper than NYC
Restaurant Price Index
32.0
Mid-range meal: $7
Purchasing Power Index
38.0
62.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

Compare with other countries →

Economic performance 2025

Indicator Value Per Capita
GDP 487.09 billion USD 4,171 USD
Gross National Product (GNI) 4,850 USD
GDP (PPP) 12,577 intl$

Development of gross domestic product in billions of USD 1960 - 2025

Year GDP (billions USD) GDP per capita (USD)
2025 487.09 4,171
2024 461.67 3,985
2023 437.06 3,804
2022 404.35 3,548
2021 394.09 3,484
2020 361.75 3,228
2019 376.82 3,401
2018 346.84 3,169
2017 328.48 3,038
2016 318.63 2,985
2015 306.45 2,910
2014 297.48 2,867
2013 283.90 2,781
2012 261.92 2,615
2011 234.22 2,384
2010 208.37 2,163
2009 175.97 1,864
2008 181.62 1,959
2007 155.98 1,713
2006 127.65 1,426
2005 107.42 1,220
2004 95.00 1,100
2003 87.04 1,027
2002 84.31 1,015
2001 78.92 970
2000 83.67 1,051
1999 85.64 1,101
1998 74.49 983
1997 94.11 1,273
1996 94.65 1,311
1995 84.64 1,200
1994 73.16 1,060
1993 62.04 919
1992 60.42 917
1991 51.78 804
1990 50.51 804
1989 48.51 792
1988 43.15 722
1987 37.79 650
1986 33.99 600
1985 34.96 633
1984 35.73 665
1983 37.76 723
1982 42.21 833
1981 40.50 821
1980 36.85 767
1979 31.22 667
1978 25.76 565
1977 22.28 502
1976 19.38 449
1975 16.88 401
1974 15.61 379
1973 11.41 283
1972 9.07 230
1971 8.38 217
1970 7.56 201
1969 9.57 261
1968 8.63 242
1967 7.72 223
1966 7.19 214
1965 6.52 200
1964 5.95 188
1963 5.51 179
1962 4.95 167
1961 8.17 284
1960 7.52 269

Largest economic sectors

The main economic sectors in Philippines play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2025

Indicator Philippines Per Capita
Imports 196.02 billion USD (40.2% of GDP)
Exports 129.32 billion USD (26.6% of GDP)

Household debt and deficits 2025

Indicator Philippines
Government debt 211.52 billion USD (43.4% of GDP)
Household debt 508.79 billion USD (104.5% of GDP)

Corruption in Philippines

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
34.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 2.2%
2024 2.2%
2023 2.2%
2022 2.6%
2021 3.4%
2020 2.5%
2019 2.2%
2018 2.3%
2017 2.6%
2016 2.7%
2015 3.1%
2014 3.6%
2013 3.5%
2012 3.5%
2011 3.6%
2010 3.6%
2009 3.9%
2008 3.7%
2007 3.4%
2006 4.1%
2005 3.8%
2004 3.6%
2003 3.5%
2002 3.6%
2001 3.7%
2000 3.8%
1999 3.8%
1998 3.7%
1997 3.6%
1996 3.6%
1995 3.7%
1994 3.8%
1993 3.9%
1992 3.8%
1991 3.7%

Inflation rates in percentages 1960 - 2025

Year Inflation Rate (%)
2025 1.7%
2024 3.2%
2023 6.0%
2022 5.8%
2021 3.9%
2020 2.4%
2019 2.4%
2018 5.3%
2017 2.9%
2016 1.3%
2015 0.7%
2014 3.6%
2013 2.6%
2012 3.0%
2011 4.7%
2010 3.8%
2009 4.2%
2008 8.3%
2007 2.9%
2006 5.5%
2005 6.5%
2004 4.8%
2003 2.3%
2002 2.7%
2001 5.3%
2000 4.0%
1999 5.9%
1998 9.2%
1997 5.6%
1996 7.5%
1995 6.8%
1994 10.4%
1993 6.7%
1992 8.7%
1991 19.3%
1990 12.2%
1989 12.2%
1988 13.9%
1987 4.1%
1986 1.1%
1985 23.1%
1984 50.3%
1983 10.0%
1982 10.2%
1981 13.1%
1980 18.2%
1979 17.5%
1978 7.3%
1977 9.9%
1976 9.2%
1975 6.8%
1974 34.2%
1973 16.6%
1972 8.2%
1971 21.4%
1970 14.4%
1969 2.0%
1968 2.4%
1967 6.3%
1966 5.4%
1965 2.6%
1964 8.2%
1963 5.6%
1962 5.8%
1961 1.6%
1960 4.2%

Frequently Asked Questions

What is the GDP per capita of Philippines in 2025?

The GDP per capita of Philippines is 4,171 USD in 2025. When adjusted for purchasing power parity (PPP), the GDP per capita is 12,577 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Philippines?

The main economic sectors in Philippines include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Philippines in 2025?

The inflation rate in Philippines is 1.7% in 2025. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Philippines including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Philippines's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Philippines's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: October 2026