Philippines Motor Vehicle Production

1999 - 2024 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers

Key information about Philippines Motor Vehicle Production

  • Philippines Motor Vehicle Production was reported at 126,571.000 Unit in Dec 2024.
  • This records an increase from the previous number of 110,350.000 Unit for Dec 2023.
  • Philippines Motor Vehicle Production data is updated yearly, averaging 53,921.000 Unit from Dec 1999 to 2024, with 25 observations.
  • The data reached an all-time high of 126,571.000 Unit in 2024 and a record low of 8,400.000 Unit in 2018.
  • Philippines Motor Vehicle Production data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
  • The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVP: Motor Vehicle Production: by Country.

View Philippines's Motor Vehicle Production from 1999 to 2024 in the chart:

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Philippines Motor Vehicle Production
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Philippines Motor Vehicle Production

What was Philippines's Motor Vehicle Production in 2024?

Philippines Motor Vehicle Production was reported at 126,571.000 Unit in Dec 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
126,571.000 2024 110,350.000 2023 8,400.000 2018 126,571.000 2024 Unit yearly 1999 - 2024

Motor Vehicle Production by Country Comparison

country/region Last Frequency Range
Algeria (Unit) 30,108.000 2024 yearly 2014 - 2024
Argentina (Unit) 506,571.000 2024 yearly 1997 - 2024
Australia (Unit) 7,238.000 2024 yearly 1997 - 2024
Austria (Unit) 71,785.000 2024 yearly 1997 - 2024
Azerbaijan (Unit) 6,695.000 2024 yearly 2013 - 2024
Bangladesh (Unit) 580.000 2016 yearly 2014 - 2016
Belarus (Unit) 0.000 2022 yearly 1999 - 2022
Belgium (Unit) 240,366.000 2024 yearly 1997 - 2024
Botswana (Unit) 397.000 2006 yearly 1999 - 2006
Brazil (Unit) 2,549,595.000 2024 yearly 1997 - 2024
Canada (Unit) 1,342,647.000 2024 yearly 1997 - 2024
Chile (Unit) 4,700.000 2010 yearly 1999 - 2010
China (Unit) 31,281,592.000 2024 yearly 1997 - 2024
Colombia (Unit) 23,778.000 2024 yearly 1999 - 2024
Czech Republic (Unit) 1,458,892.000 2024 yearly 1997 - 2024
Ecuador (Unit) 2,700.000 2016 yearly 2000 - 2016
Egypt (Unit) 0.000 2024 yearly 1997 - 2024
Finland (Unit) 22,384.000 2024 yearly 1997 - 2024
France (Unit) 1,357,701.000 2024 yearly 1997 - 2024
Germany (Unit) 4,069,222.000 2024 yearly 1997 - 2024
Hungary (Unit) 437,045.000 2024 yearly 1997 - 2024
India (Unit) 6,014,691.000 2024 yearly 1997 - 2024
Indonesia (Unit) 1,196,664.000 2024 yearly 1997 - 2024
Iran (Unit) 1,077,839.000 2024 yearly 1999 - 2024
Italy (Unit) 591,067.000 2024 yearly 1997 - 2024
Japan (Unit) 8,234,681.000 2024 yearly 1997 - 2024
Kazakhstan (Unit) 144,624.000 2024 yearly 2013 - 2024
Kenya (Unit) 3,080.000 2013 yearly 1999 - 2013
South Korea (Unit) 4,127,251.000 2024 yearly 1997 - 2024
Malaysia (Unit) 790,347.000 2024 yearly 1997 - 2024
Mexico (Unit) 4,202,642.000 2024 yearly 1997 - 2024
Morocco (Unit) 559,645.000 2024 yearly 1999 - 2024
Myanmar (Unit) 2,711.000 2024 yearly 2019 - 2024
Netherlands (Unit) 7,402.000 2024 yearly 1997 - 2024
Nigeria (Unit) 2,040.000 2008 yearly 1999 - 2008
Pakistan (Unit) 128,449.000 2024 yearly 1999 - 2024
Philippines (Unit) 126,571.000 2024 yearly 1999 - 2024
Poland (Unit) 555,346.000 2024 yearly 1997 - 2024
Portugal (Unit) 332,546.000 2024 yearly 1997 - 2024
Romania (Unit) 560,102.000 2024 yearly 1997 - 2024
Russia (Unit) 982,665.000 2024 yearly 1997 - 2024
Serbia (Unit) 235.000 2024 yearly 1997 - 2024
Slovakia (Unit) 993,000.000 2024 yearly 1997 - 2024
Slovenia (Unit) 60,903.000 2024 yearly 1997 - 2024
South Africa (Unit) 599,755.000 2024 yearly 1997 - 2024
Spain (Unit) 2,376,504.000 2024 yearly 1997 - 2024
Sudan (Unit) 1,020.000 2004 yearly 2002 - 2004
Sweden (Unit) 268,487.000 2024 yearly 1997 - 2024
Taiwan, China (Unit) 275,156.000 2024 yearly 1997 - 2024
Thailand (Unit) 1,468,997.000 2024 yearly 1997 - 2024
Tunisia (Unit) 1,700.000 2018 yearly 2007 - 2018
Turkey (Unit) 1,365,296.000 2024 yearly 1997 - 2024
Ukraine (Unit) 1,993.000 2023 yearly 1997 - 2023
United Kingdom (Unit) 905,233.000 2024 yearly 1997 - 2024
United States (Unit) 10,562,188.000 2024 yearly 1997 - 2024
Uruguay (Unit) 78.000 2004 yearly 1999 - 2004
Uzbekistan (Unit) 429,364.000 2024 yearly 1997 - 2024
Venezuela (Unit) 2,850.000 2016 yearly 1999 - 2016
Vietnam (Unit) 175,660.000 2024 yearly 2000 - 2024
Zimbabwe (Unit) 829.000 2013 yearly 1999 - 2013

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.6 Dec 2025 quarterly Dec 1985 - Dec 2025
Consolidated Fiscal Balance (USD mn) -5,321.655 Dec 2025 monthly Jan 1985 - Dec 2025
Tax Revenue (USD mn) 4,733.860 Dec 2025 monthly Jan 1985 - Dec 2025
Tax Revenue: % of GDP (%) 12.9 Dec 2025 quarterly Mar 1985 - Dec 2025
National Government Debt (USD mn) 307,939.9 Jan 2026 monthly Jan 1993 - Jan 2026
Government Debt: % of GDP (%) 63.2 Dec 2025 quarterly Mar 1993 - Dec 2025
Forecast: Government Expenditure (PHP bn) 9,538.160 2030 yearly 1989 - 2030
Forecast: Government Net Debt (PHP bn) 23,834.650 2030 yearly 1993 - 2030
Forecast: Government Revenue (PHP bn) 8,774.629 2030 yearly 1989 - 2030
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 14,996,913.920 Jan 2026 monthly Jan 2006 - Jan 2026
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 949,968.000 Jan 2026 monthly Jan 2006 - Jan 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,048.1 Jan 2026 monthly Jan 1957 - Jan 2026
Total Exports (USD mn) 7,093.7 Jan 2026 monthly Jan 1979 - Jan 2026
Total Exports Growth (%) 7.9 Jan 2026 monthly Jan 1980 - Jan 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 (%) -3.1 Jan 2026 monthly Jan 1980 - Jan 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) 1,163.265 Jan 2026 monthly Jan 1978 - Jan 2026
Total Imports from USA (USD mn) 653.254 Jan 2026 monthly Jan 1986 - Jan 2026
Total Exports to China (USD mn) 691.798 Jan 2026 monthly Jan 1984 - Jan 2026
Total Imports from China (USD mn) 3,258.442 Jan 2026 monthly Jan 1986 - Jan 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) 166.404 2021 yearly 1980 - 2021
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) 560.0 Dec 2025 monthly Jan 2005 - Dec 2025
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) -20.853 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -58,220.724 Sep 2025 quarterly Dec 2012 - Sep 2025
BoP: FA: Financial Derivatives (FD) (USD mn) 9.236 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Change in Reserve Assets: Debit (USD mn) -836.308 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: DI: Net Incurrence of Liabilities (USD mn) 559.994 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income (USD mn) 32.767 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: CA: Credit: Receipts (USD mn) 10.278 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: Financial Account (FA) (USD mn) 1,395.121 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: FD: Net Acquisition of Financial Assets (USD mn) -61.818 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: CA: Goods (USD mn) -5,086.682 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: Services: Debit: Import (USD mn) 3,624.841 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: Capital Account (CA) (USD mn) 9.231 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Debit: Payments (USD mn) 1.047 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: OI: Net Incurrence of Liabilities (USD mn) 5,812.189 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services (USD mn) 1,455.953 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Import (USD mn) 15,573.930 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: Portfolio Investment (PI) (USD mn) 7,418.164 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Export (USD mn) 15,194.805 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: CA: Secondary Income: Credit: Receipts (USD mn) 3,344.647 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: CA: Primary Income: Credit: Receipts (USD mn) 1,487.935 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: 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: Medium and Long Term (USD mn) 127,417.379 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: By Country Profile: Country: UK (USD mn) 4,003.006 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) 4,764.399 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Real Estate Activities (PHP mn) 2,974.368 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Manufacturing (PHP mn) 34,676.438 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Administrative & Support Services (PHP mn) 4,154.339 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Transportation & Storage (PHP mn) 4,300.624 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Jan 2026 monthly Mar 2008 - Jan 2026
Household Debt: % of GDP (%) 13.1 Dec 2025 quarterly Mar 2009 - Dec 2025
Non-Performing Loans (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 128,711.040 Jan 2026 monthly Dec 1988 - Jan 2026
Money Supply M2 (USD mn) 327,357.063 Jan 2026 monthly Dec 1988 - Jan 2026
M2 Growth (%) 8.8 Jan 2026 monthly Dec 1989 - Jan 2026
Reserve Requirement Ratio (%) 5.0 Feb 2026 monthly May 1986 - Feb 2026
Foreign Exchange Reserves (USD mn) 84,957.0 Feb 2026 monthly Jan 1960 - Feb 2026
Foreign Exchange Reserves: Months of Import (NA) 7.8 Jan 2026 monthly Jan 1979 - Jan 2026
Gold Reserves (USD mn) 23,057.201 Feb 2026 monthly Dec 1956 - Feb 2026
Total Deposits (USD mn) 372,106.521 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Deposits Growth (%) 7.4 Dec 2025 quarterly Mar 2009 - Dec 2025
Domestic Credit (USD mn) 378,640.7 Jan 2026 monthly Dec 2001 - Jan 2026
Domestic Credit Growth (%) 10.0 Jan 2026 monthly Dec 2002 - Jan 2026
Household Debt (USD mn) 62,484.4 Dec 2025 quarterly Mar 2009 - Dec 2025
Total Loans (USD mn) 265,290.219 Jan 2026 monthly Mar 2008 - Jan 2026
Total Loans Growth (%) 9.87 Jan 2026 monthly Mar 2009 - Jan 2026
Private Debt: % of Nominal GDP (%) 52.10 Dec 2025 quarterly Dec 2001 - Dec 2025
DCS: Domestic Claims (DC) (PHP mn) 22,297,395.699 Jan 2026 monthly Dec 2001 - Jan 2026
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 8.609 Jan 2026 monthly Dec 2002 - Jan 2026
YoY: DCS: LA: M4: M3 (%) 8.819 Jan 2026 monthly Dec 2002 - Jan 2026
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 5.951 Jan 2026 monthly Dec 2002 - Jan 2026
YoY: DCS: LA: M4: M3: M2 (%) 6.765 Jan 2026 monthly Dec 2002 - Jan 2026
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Feb 2026 monthly May 1986 - Feb 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
CL: PBS: Real Estate: Residential (PHP bn) 1,193.681 Dec 2025 quarterly Mar 2009 - Dec 2025
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,674.393 Dec 2025 quarterly Mar 2009 - 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
Business Outlook: Index: Industry: Current Quarter (Point) 13.590 Dec 2025 quarterly Jun 2001 - Dec 2025
Business Outlook: Index: Services: Current Quarter (Point) 39.087 Dec 2025 quarterly Jun 2001 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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