Philippines GDP per Capita

1950 - 2024 | Yearly | USD | CEIC Data

Key information about Philippines GDP Per Capita

  • Philippines Gross Domestic Product (GDP) per Capita reached 1,954.615 USD in Dec 2024, compared with 1,851.504 USD in Dec 2023.
  • Philippines GDP Per Capita data is updated yearly, available from Dec 1950 to Dec 2024, with an average number of 642.282 USD.
  • The data reached an all-time high of 3,644.797 USD in Dec 2022 and a record low of 177.167 in Dec 1962.
  • CEIC converts annual GDP per Capita into USD. Philippine Statistics Authority provides GDP per Capita in local currency. Bangko Sentral ng Pilipinas average market exchange rate is used for currency conversions. GDP per Capita prior to 2000 is based on old classification of data. GDP per Capita prior to 1998 is calculated from Nominal GDP sourced from Philippine Statistics Authority and Population sourced from the International Monetary Fund.


Related information about Philippines GDP Per Capita data

  • In the latest reports, Philippines GDP expanded 4.263 % YoY in Sep 2025.
  • Philippines Nominal GDP reached 114.881 USD bn in Sep 2025.
  • Its GDP deflator (implicit price deflator) increased 0.815 % in Sep 2025.
  • Gross Savings Rate of Philippines was measured at 5.374 % in Sep 2025.

View Philippines's GDP per Capita from 1950 to 2024 in the chart:

Philippines GDP per Capita

What was Philippines's GDP per Capita in 2024?

Philippines Gross Domestic Product (GDP) per Capita reached 1,954.615 USD in Dec 2024, compared with 1,851.504 USD in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,954.615 2024 1,851.504 2023 177.167 1962 3,644.797 2022 USD yearly 1950 - 2024

GDP per Capita by Country Comparison

country/region Last Frequency Range
Albania (USD) 6,867.696 2022 yearly 1980 - 2022
Algeria (USD) 3,630.400 2021 yearly 1963 - 2021
Argentina (USD) 13,765.315 2024 yearly 1960 - 2024
Armenia (USD) 8,555.659 2024 yearly 1994 - 2024
Australia (USD) 65,655.829 2025 yearly 1960 - 2025
Austria (USD) 58,226.036 2024 yearly 1957 - 2024
Azerbaijan (USD) 7,413.100 2025 yearly 1990 - 2025
Bahrain (USD) 29,535.929 2024 yearly 1981 - 2024
Bangladesh (USD) 2,670.748 2025 yearly 1960 - 2025
Belarus (USD) 10,282.614 2025 yearly 1995 - 2025
Belgium (USD) 56,730.671 2024 yearly 1957 - 2024
Bolivia (USD) 3,688.560 2023 yearly 1960 - 2023
Bosnia and Herzegovina (USD) 8,567.000 2024 yearly 2000 - 2024
Botswana (USD) 7,712.303 2024 yearly 1994 - 2024
Brazil (USD) 10,247.330 2024 yearly 1962 - 2024
Brunei (USD) 33,679.046 2024 yearly 1965 - 2024
Bulgaria (USD) 17,607.065 2024 yearly 1985 - 2024
Cambodia (USD) 2,674.458 2024 yearly 1993 - 2024
Canada (USD) 54,733.470 2025 yearly 1971 - 2025
Chile (USD) 16,395.246 2024 yearly 1960 - 2024
China (USD) 13,866.033 2025 yearly 1957 - 2025
Colombia (USD) 7,336.549 2024 yearly 1960 - 2024
Croatia (USD) 23,162.303 2024 yearly 1996 - 2024
Cyprus (USD) 37,303.582 2024 yearly 1995 - 2024
Czech Republic (USD) 31,807.431 2024 yearly 1990 - 2024
Denmark (USD) 71,005.231 2024 yearly 1966 - 2024
Ecuador (USD) 6,939.335 2024 yearly 1960 - 2024
Egypt (USD) 3,598.326 2024 yearly 1982 - 2024
Estonia (USD) 31,351.423 2024 yearly 1993 - 2024
European Union (USD) 41,541.357 2023 yearly 1999 - 2023
Finland (USD) 53,101.092 2024 yearly 1960 - 2024
France (USD) 46,068.852 2024 yearly 1957 - 2024
Georgia (USD) 9,241.491 2024 yearly 1993 - 2024
Germany (USD) 56,061.368 2024 yearly 1960 - 2024
Ghana (USD) 2,513.105 2024 yearly 1960 - 2024
Greece (USD) 24,733.727 2024 yearly 1960 - 2024
Hong Kong SAR, China (USD) 54,081.521 2024 yearly 1961 - 2024
Hungary (USD) 23,321.000 2024 yearly 1968 - 2024
Iceland (USD) 86,472.856 2024 yearly 1960 - 2024
India (USD) 2,777.570 2025 yearly 1958 - 2025
Indonesia (USD) 4,958.385 2024 yearly 2010 - 2024
Iran (USD) 49,404.346 2024 yearly 1960 - 2024
Ireland (USD) 113,135.909 2024 yearly 2000 - 2024
Israel (USD) 60,521.632 2025 yearly 1995 - 2025
Italy (USD) 38,230.554 2023 yearly 1957 - 2023
Ivory Coast (USD) 2,757.523 2023 yearly 1960 - 2023
Japan (USD) 32,434.398 2024 yearly 1957 - 2024
Jordan (USD) 4,553.225 2024 yearly 1957 - 2024
Kazakhstan (USD) 15,005.400 2025 yearly 1993 - 2025
Kenya (USD) 2,295.251 2024 yearly 2006 - 2024
South Korea (USD) 36,414.000 2025 yearly 1953 - 2025
Kosovo (USD) 7,060.288 2024 yearly 2000 - 2024
Kuwait (USD) 32,121.103 2024 yearly 1993 - 2024
Kyrgyzstan (USD) 2,400.257 2024 yearly 1994 - 2024
Laos (USD) 1,970.000 2024 yearly 1984 - 2024
Latvia (USD) 23,407.484 2024 yearly 1995 - 2024
Lebanon (USD) 34,460.320 2023 yearly 1997 - 2023
Lithuania (USD) 29,604.322 2024 yearly 1994 - 2024
Luxembourg (USD) 136,677.826 2024 yearly 1995 - 2024
Macau SAR, China (USD) 72,109.643 2024 yearly 1982 - 2024
North Macedonia (USD) 9,154.553 2024 yearly 1994 - 2024
Malawi (USD) 558.800 2024 yearly 1960 - 2024
Malaysia (USD) 12,405.661 2024 yearly 1957 - 2024
Malta (USD) 43,941.022 2024 yearly 1995 - 2024
Mauritius (USD) 11,983.116 2024 yearly 1960 - 2024
Mexico (USD) 13,922.959 2024 yearly 1993 - 2024
Moldova (USD) 6,731.637 2023 yearly 2010 - 2023
Mongolia (USD) 6,653.579 2024 yearly 1991 - 2024
Montenegro (USD) 13,260.131 2024 yearly 2000 - 2024
Morocco (USD) 4,366.111 2024 yearly 1960 - 2024
Mozambique (USD) 646.000 2023 yearly 1991 - 2023
Myanmar (USD) 1,186.950 2023 yearly 1985 - 2023
Nepal (USD) 1,496.214 2025 yearly 1960 - 2025
Netherlands (USD) 67,281.298 2024 yearly 1960 - 2024
New Zealand (USD) 48,293.354 2025 yearly 1961 - 2025
Nigeria (USD) 2,955.323 2022 yearly 1981 - 2022
Norway (USD) 86,723.790 2024 yearly 1915 - 2024
Oman (USD) 20,337.079 2024 yearly 1980 - 2024
Pakistan (USD) 1,396.476 2023 yearly 1960 - 2023
Palestinian Territory (USD) 3,050.000 2024 yearly 1994 - 2024
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 7,747.665 2025 yearly 1950 - 2025
Peru (USD) 9,051.574 2025 yearly 1991 - 2025
Philippines (USD) 1,954.615 2024 yearly 1950 - 2024
Poland (USD) 24,477.281 2024 yearly 1965 - 2024
Portugal (USD) 29,270.712 2024 yearly 1960 - 2024
Qatar (USD) 69,532.967 2023 yearly 2000 - 2023
Romania (USD) 20,096.974 2024 yearly 1981 - 2024
Russia (USD) 13,817.046 2023 yearly 1992 - 2023
Saudi Arabia (USD) 35,121.663 2024 yearly 1963 - 2024
Serbia (USD) 13,679.200 2024 yearly 1995 - 2024
Singapore (USD) 98,878.000 2025 yearly 1960 - 2025
Slovakia (USD) 25,795.605 2024 yearly 1995 - 2024
Slovenia (USD) 37,360.000 2025 yearly 1980 - 2025
South Africa (USD) 6,474.783 2024 yearly 1957 - 2024
Spain (USD) 35,295.094 2024 yearly 1960 - 2024
Sri Lanka (USD) 5,006.000 2025 yearly 1959 - 2025
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 54,970.010 2023 yearly 1957 - 2023
Switzerland (USD) 107,134.807 2024 yearly 1980 - 2024

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.2 Mar 2026 quarterly Dec 1985 - Mar 2026
Consolidated Fiscal Balance (USD mn) 521.402 Apr 2026 monthly Jan 1985 - Apr 2026
Tax Revenue (USD mn) 8,475.717 Apr 2026 monthly Jan 1985 - Apr 2026
Tax Revenue: % of GDP (%) 14.0 Mar 2026 quarterly Mar 1985 - Mar 2026
National Government Debt (USD mn) 300,305.6 Apr 2026 monthly Jan 1993 - Apr 2026
Government Debt: % of GDP (%) 65.2 Mar 2026 quarterly Mar 1993 - Mar 2026
Forecast: Government Expenditure (PHP bn) 9,934.920 2031 yearly 1989 - 2031
Forecast: Government Net Debt (PHP bn) 25,111.900 2031 yearly 1993 - 2031
Forecast: Government Revenue (PHP bn) 9,229.872 2031 yearly 1989 - 2031
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 15,617,211.000 Apr 2026 monthly Jan 2006 - Apr 2026
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 996,803.000 Mar 2026 monthly Jan 2006 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -5,965.4 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports (USD mn) 7,207.7 Apr 2026 monthly Jan 1979 - Apr 2026
Total Exports Growth (%) 6.3 Apr 2026 monthly Jan 1980 - Apr 2026
Aluminum: Exports (USD th) 195,030.466 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 24,205.344 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 12,686.801 2024 yearly 1995 - 2024
Total Imports (USD mn) 11,219.7 Oct 2025 monthly Jan 1979 - Oct 2025
Total Imports Growth (%) 22.4 Apr 2026 monthly Jan 1980 - Apr 2026
Imports: Medicament (USD th) 1,838,565.771 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 626,781.378 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,295.411 Apr 2026 monthly Jan 1978 - Apr 2026
Total Imports from USA (USD mn) 713.153 Apr 2026 monthly Jan 1986 - Apr 2026
Total Exports to China (USD mn) 926.661 Apr 2026 monthly Jan 1984 - Apr 2026
Total Imports from China (USD mn) 3,915.849 Apr 2026 monthly Jan 1986 - Apr 2026
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 179.000 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 742.4 Dec 2025 monthly Jan 2005 - Dec 2025
Current Account Balance (USD mn) -379.1 Dec 2025 monthly Jan 1999 - Dec 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 590.3 Feb 2026 monthly Jan 2005 - Feb 2026
Foreign Direct Investment: % of GDP (%) 1.5 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment (USD mn) -1,798.205 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -1.3 Dec 2025 quarterly Mar 1981 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -157.2 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -1,641.004 Dec 2025 quarterly Mar 1977 - Dec 2025
External Debt (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: % of GDP (%) 30.3 2025 yearly 1990 - 2025
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.2 2025 yearly 2005 - 2025
Forecast: Current Account Balance (USD bn) -20.861 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -50,829.173 Dec 2025 quarterly Dec 2012 - Dec 2025
BoP: Change in Reserve Assets: Debit (USD mn) -836.308 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Financial Derivatives (FD) (USD mn) 9.236 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -402.489 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services: Credit: Export (USD mn) 5,080.793 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 742.394 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,461.846 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 5,578.880 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Credit: Receipts (USD mn) 10.278 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income (USD mn) 32.767 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income: Debit: Payments (USD mn) 125.809 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 590.279 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -61.818 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods (USD mn) -5,086.682 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services: Debit: Import (USD mn) 3,624.841 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,812.189 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods: Credit: Export (USD mn) 5,281.430 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Capital Account (CA) (USD mn) 9.231 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Financial Account (FA) (USD mn) 1,395.121 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services (USD mn) 1,455.953 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods: Debit: Import (USD mn) 10,368.112 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Export (USD mn) 15,194.805 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income (USD mn) 3,218.838 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Import (USD mn) 15,573.930 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Debit: Payments (USD mn) 1.047 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 7,418.164 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -71.054 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Net Acquisition of Financial Assets (USD mn) 5,856.967 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -1,839.284 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Direct Investment (DI) (USD mn) 182.400 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Current Account (CA) (USD mn) -379.125 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Other Investments (OI) (USD mn) -6,214.679 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,487.935 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 3,344.647 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,455.168 Dec 2025 monthly Jan 2005 - Dec 2025
External Debt: By Country Profile: Country: USA (USD mn) 2,328.956 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: Japan (USD mn) 16,583.303 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: UK (USD mn) 4,003.006 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: Germany (USD mn) 1,590.827 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: France (USD mn) 2,309.536 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: Medium and Long Term (USD mn) 127,417.379 Dec 2025 quarterly Mar 2005 - Dec 2025
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Information & Communication (PHP mn) 521.633 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Real Estate Activities (PHP mn) 828.119 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Manufacturing (PHP mn) 9,079.568 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Administrative & Support Services (PHP mn) 2,652.730 Mar 2026 quarterly Mar 2010 - Mar 2026
FDI: Approved: Transportation & Storage (PHP mn) 566.963 Mar 2026 quarterly Mar 2010 - Mar 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Apr 2026 monthly Mar 2008 - Apr 2026
Household Debt: % of GDP (%) 13.6 Dec 2025 quarterly Mar 2008 - Dec 2025
Non-Performing Loans (USD mn) 9,360.452 Mar 2026 quarterly Mar 2008 - Mar 2026
Money Supply M1 (USD mn) 128,629.010 Apr 2026 monthly Dec 1988 - Apr 2026
Money Supply M2 (USD mn) 321,907.605 Apr 2026 monthly Dec 1988 - Apr 2026
M2 Growth (%) 11.2 Apr 2026 monthly Dec 1989 - Apr 2026
Reserve Requirement Ratio (%) 5.0 May 2026 monthly May 1986 - May 2026
Foreign Exchange Reserves (USD mn) 79,829.8 May 2026 monthly Jan 1960 - May 2026
Foreign Exchange Reserves: Months of Import (NA) 6.1 Apr 2026 monthly Jan 1979 - Apr 2026
Gold Reserves (USD mn) 19,480.336 May 2026 monthly Dec 1956 - May 2026
Total Deposits (USD mn) 365,783.299 Mar 2026 quarterly Mar 2008 - Mar 2026
Total Deposits Growth (%) 10.2 Mar 2026 quarterly Mar 2009 - Mar 2026
Domestic Credit (USD mn) 379,904.8 Apr 2026 monthly Dec 2001 - Apr 2026
Domestic Credit Growth (%) 12.7 Apr 2026 monthly Dec 2002 - Apr 2026
Household Debt (USD mn) 64,710.5 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Loans (USD mn) 264,071.207 Mar 2026 monthly Mar 2008 - Mar 2026
Total Loans Growth (%) 11.26 Mar 2026 monthly Mar 2009 - Mar 2026
Private Debt: % of Nominal GDP (%) 52.25 Mar 2026 quarterly Dec 2001 - Mar 2026
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 12.245 Apr 2026 monthly Dec 2002 - Apr 2026
YoY: DCS: LA: M4: M3 (%) 11.152 Apr 2026 monthly Dec 2002 - Apr 2026
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 8.570 Apr 2026 monthly Dec 2002 - Apr 2026
YoY: DCS: LA: M4: M3: M2 (%) 3.983 Apr 2026 monthly Dec 2002 - Apr 2026
DCS: Domestic Claims (DC) (PHP mn) 23,366,424.996 Apr 2026 monthly Dec 2001 - Apr 2026
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 May 2026 monthly May 1986 - May 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,805.301 Dec 2025 quarterly Mar 2008 - Dec 2025
CL: PBS: Real Estate: Residential (PHP bn) 1,193.681 Dec 2025 quarterly Mar 2008 - Dec 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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