Philippines Motor Vehicle Production

1999 - 2023 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers

Key information about Philippines Motor Vehicle Production

  • Philippines Motor Vehicle Production was reported at 110,350.000 Unit in Dec 2023.
  • This records an increase from the previous number of 92,223.000 Unit for Dec 2022.
  • Philippines Motor Vehicle Production data is updated yearly, averaging 54,177.500 Unit from Dec 1999 to 2023, with 24 observations.
  • The data reached an all-time high of 116,868.000 Unit in 2016 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 2023 in the chart:

Philippines Motor Vehicle Production

What was Philippines's Motor Vehicle Production in 2023?

Philippines Motor Vehicle Production was reported at 110,350.000 Unit in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
110,350.000 2023 92,223.000 2022 8,400.000 2018 116,868.000 2016 Unit yearly 1999 - 2023

Motor Vehicle Production by Country Comparison

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country/region Last Frequency Range
Algeria (Unit) 2,456.000 2023 yearly 2014 - 2023
Argentina (Unit) 610,725.000 2023 yearly 1997 - 2023
Australia (Unit) 7,141.000 2023 yearly 1997 - 2023
Austria (Unit) 114,191.000 2023 yearly 1997 - 2023
Azerbaijan (Unit) 4,537.000 2023 yearly 2013 - 2023
Bangladesh (Unit) 580.000 2016 yearly 2014 - 2016
Belarus (Unit) 29,891.000 2021 yearly 1999 - 2021
Belgium (Unit) 332,103.000 2023 yearly 1997 - 2023
Botswana (Unit) 397.000 2006 yearly 1999 - 2006
Brazil (Unit) 2,324,838.000 2023 yearly 1997 - 2023
Canada (Unit) 1,553,026.000 2023 yearly 1997 - 2023
Chile (Unit) 4,700.000 2010 yearly 1999 - 2010
China (Unit) 30,160,966.000 2023 yearly 1997 - 2023
Colombia (Unit) 34,700.000 2023 yearly 1999 - 2023
Czech Republic (Unit) 1,404,501.000 2023 yearly 1997 - 2023
Ecuador (Unit) 2,700.000 2016 yearly 2000 - 2016
Egypt (Unit) 23,754.000 2020 yearly 1997 - 2020
Finland (Unit) 30,191.000 2023 yearly 1997 - 2023
France (Unit) 1,505,076.000 2023 yearly 1997 - 2023
Germany (Unit) 4,109,371.000 2023 yearly 1997 - 2023
Hungary (Unit) 507,225.000 2023 yearly 1997 - 2023
India (Unit) 5,851,507.000 2023 yearly 1997 - 2023
Indonesia (Unit) 1,395,717.000 2023 yearly 1997 - 2023
Iran (Unit) 1,188,471.000 2023 yearly 1999 - 2023
Italy (Unit) 880,085.000 2023 yearly 1997 - 2023
Japan (Unit) 8,997,440.000 2023 yearly 1997 - 2023
Kazakhstan (Unit) 146,989.000 2023 yearly 2013 - 2023
Kenya (Unit) 3,080.000 2013 yearly 1999 - 2013
South Korea (Unit) 4,243,597.000 2023 yearly 1997 - 2023
Malaysia (Unit) 774,600.000 2023 yearly 1997 - 2023
Mexico (Unit) 4,002,047.000 2023 yearly 1997 - 2023
Morocco (Unit) 535,825.000 2023 yearly 1999 - 2023
Myanmar (Unit) 1,475.000 2023 yearly 2019 - 2023
Netherlands (Unit) 123,379.000 2023 yearly 1997 - 2023
Nigeria (Unit) 2,040.000 2008 yearly 1999 - 2008
Pakistan (Unit) 79,513.000 2023 yearly 1999 - 2023
Philippines (Unit) 110,350.000 2023 yearly 1999 - 2023
Poland (Unit) 612,882.000 2023 yearly 1997 - 2023
Portugal (Unit) 318,231.000 2023 yearly 1997 - 2023
Romania (Unit) 513,050.000 2023 yearly 1997 - 2023
Russia (Unit) 729,864.000 2023 yearly 1997 - 2023
Serbia (Unit) 186.000 2023 yearly 1997 - 2023
Slovakia (Unit) 1,080,000.000 2023 yearly 1997 - 2023
Slovenia (Unit) 60,881.000 2023 yearly 1997 - 2023
South Africa (Unit) 633,337.000 2023 yearly 1997 - 2023
Spain (Unit) 2,451,221.000 2023 yearly 1997 - 2023
Sudan (Unit) 1,020.000 2004 yearly 2002 - 2004
Sweden (Unit) 276,750.000 2023 yearly 1997 - 2023
Taiwan (Unit) 285,962.000 2023 yearly 1997 - 2023
Thailand (Unit) 1,841,663.000 2023 yearly 1997 - 2023
Tunisia (Unit) 1,700.000 2018 yearly 2007 - 2018
Turkey (Unit) 1,468,393.000 2023 yearly 1997 - 2023
Ukraine (Unit) 1,993.000 2023 yearly 1997 - 2023
United Kingdom (Unit) 1,025,474.000 2023 yearly 1997 - 2023
United States (Unit) 10,611,555.000 2023 yearly 1997 - 2023
Uruguay (Unit) 78.000 2004 yearly 1999 - 2004
Uzbekistan (Unit) 425,876.000 2023 yearly 1997 - 2023
Venezuela (Unit) 2,850.000 2016 yearly 1999 - 2016
Vietnam (Unit) 177,435.000 2023 yearly 2000 - 2023
Zimbabwe (Unit) 829.000 2013 yearly 1999 - 2013

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Philippines Key Series

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Includes 244 key indicators for Philippines, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.2 Dec 2023 quarterly Dec 1985 - Dec 2023
Consolidated Fiscal Balance (USD mn) -2,937.257 Feb 2024 monthly Jan 1985 - Feb 2024
Tax Revenue (USD mn) 3,768.936 Feb 2024 monthly Jan 1985 - Feb 2024
Tax Revenue: % of GDP (%) 12.6 Dec 2023 quarterly Mar 1985 - Dec 2023
National Government Debt (USD mn) 270,146.1 Feb 2024 monthly Jan 1993 - Feb 2024
Government Debt: % of GDP (%) 60.1 Dec 2023 quarterly Mar 1993 - Dec 2023
Forecast: Government Expenditure (PHP bn) 9,083.350 2028 yearly 1989 - 2028
Forecast: Government Net Debt (PHP bn) 19,652.200 2028 yearly 1993 - 2028
Forecast: Government Revenue (PHP bn) 8,212.060 2028 yearly 1989 - 2028
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 570,217.000 Feb 2024 monthly Jan 2006 - Feb 2024
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 11,686,039.000 Feb 2024 monthly Jan 2006 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,647.5 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 5,905.9 Feb 2024 monthly Jan 1979 - Feb 2024
Total Exports Growth (%) 15.8 Feb 2024 monthly Jan 1980 - Feb 2024
Aluminum: Exports (USD th) 178,900.107 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 9,553.4 Feb 2024 monthly Jan 1979 - Feb 2024
Total Imports Growth (%) 6.3 Feb 2024 monthly Jan 1980 - Feb 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 947.828 Feb 2024 monthly Jan 1978 - Feb 2024
Total Imports from USA (USD mn) 550.165 Feb 2024 monthly Jan 1986 - Feb 2024
Total Exports to China (USD mn) 695.255 Feb 2024 monthly Jan 1984 - Feb 2024
Total Imports from China (USD mn) 2,179.424 Feb 2024 monthly Jan 1986 - Feb 2024
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 638.5 Dec 2023 monthly Jan 2005 - Dec 2023
Current Account Balance (USD mn) 106.8 Dec 2023 monthly Jan 1999 - Dec 2023
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 826.1 Dec 2023 monthly Jan 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment (USD mn) 1,838.131 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.5 Dec 2023 quarterly Dec 1980 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -173.2 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,011.353 Dec 2023 quarterly Mar 1977 - Dec 2023
External Debt (USD mn) 125,393.7 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -7.439 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -51,316.516 Dec 2023 quarterly Dec 2012 - Dec 2023
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -71.118 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Services: Credit: Export (USD mn) 4,383.898 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: Change in Reserve Assets: Debit (USD mn) -178.717 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 826.060 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Credit: Receipts (USD mn) 7.303 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -55.498 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: Financial Account (FA) (USD mn) -1,361.024 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Financial Derivatives (FD) (USD mn) -6.857 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Secondary Income (USD mn) 3,035.667 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: Capital Account (CA) (USD mn) 6.253 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 254.854 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Goods: Debit: Import (USD mn) 9,298.554 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 255.818 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Primary Income (USD mn) 480.791 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Portfolio Investment (PI) (USD mn) -840.667 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Secondary Income: Debit: Payments (USD mn) 117.845 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Services (USD mn) 1,469.375 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Export (USD mn) 13,461.621 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Direct Investment (DI) (USD mn) -187.528 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 1,096.486 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 638.532 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Net Incurrence of Liabilities (USD mn) 2,128.759 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -48.641 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 3,153.513 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Goods: Credit: Export (USD mn) 4,419.540 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,023.880 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Goods (USD mn) -4,879.015 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Services: Debit: Import (USD mn) 2,914.523 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Debit: Payments (USD mn) 1.050 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Net Acquisition of Financial Assets (USD mn) 767.734 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,504.671 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: FA: Other Investments (OI) (USD mn) -325.972 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: Current Account (CA) (USD mn) 106.819 Dec 2023 monthly Jan 2005 - Dec 2023
BoP: CA: Import (USD mn) 13,354.803 Dec 2023 monthly Jan 2005 - Dec 2023
External Debt: By Country Profile: Country: Japan (USD mn) 15,554.305 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: By Country Profile: Country: Germany (USD mn) 1,450.711 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: By Country Profile: Country: UK (USD mn) 4,179.968 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Medium and Long Term (USD mn) 108,297.906 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: By Country Profile: Country: USA (USD mn) 2,474.724 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: By Country Profile: Country: France (USD mn) 1,242.515 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Approved: Real Estate Activities (PHP mn) 3,011.207 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Approved: Administrative & Support Services (PHP mn) 5,704.132 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Approved: Transportation & Storage (PHP mn) 212.208 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Approved: Manufacturing (PHP mn) 48,958.266 Dec 2023 quarterly Mar 2010 - Dec 2023
FDI: Approved: Information & Communication (PHP mn) 264.464 Dec 2023 quarterly Mar 2010 - Dec 2023
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Feb 2024 monthly Mar 2008 - Feb 2024
Household Debt: % of GDP (%) 10.8 Dec 2023 quarterly Mar 2009 - Dec 2023
Non-Performing Loans (USD mn) 8,081.430 Dec 2023 quarterly Mar 2008 - Dec 2023
Money Supply M1 (USD mn) 118,977.230 Jan 2024 monthly Dec 1988 - Jan 2024
Money Supply M2 (USD mn) 293,306.704 Jan 2024 monthly Dec 1988 - Jan 2024
M2 Growth (%) 6.5 Jan 2024 monthly Dec 1989 - Jan 2024
Reserve Requirement Ratio (%) 9.5 Mar 2024 monthly May 1986 - Mar 2024
Foreign Exchange Reserves (USD mn) 89,027.1 Mar 2024 monthly Jan 1960 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 9.1 Feb 2024 monthly Jan 1979 - Feb 2024
Gold Reserves (USD mn) 10,531.497 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 342,517.305 Dec 2023 quarterly Mar 2008 - Dec 2023
Total Deposits Growth (%) 7.1 Dec 2023 quarterly Mar 2009 - Dec 2023
Domestic Credit (USD mn) 324,291.8 Jan 2024 monthly Dec 2001 - Jan 2024
Domestic Credit Growth (%) 9.8 Jan 2024 monthly Dec 2002 - Jan 2024
Household Debt (USD mn) 47,047.3 Dec 2023 quarterly Mar 2009 - Dec 2023
Total Loans (USD mn) 225,277.466 Feb 2024 monthly Mar 2008 - Feb 2024
Total Loans Growth (%) 9.22 Feb 2024 monthly Mar 2009 - Feb 2024
Private Debt: % of Nominal GDP (%) 48.22 Dec 2023 quarterly Dec 2001 - Dec 2023
DCS: LA: M4: M3 (PHP mn) 16,914,355.390 Feb 2024 monthly Dec 2001 - Feb 2024
DCS: LA: M4: M3: M2 (PHP mn) 16,473,993.214 Feb 2024 monthly Dec 2001 - Feb 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,647,338.067 Feb 2024 monthly Dec 2001 - Feb 2024
DCS: Domestic Claims (DC) (PHP mn) 18,335,039.299 Feb 2024 monthly Dec 2001 - Feb 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Mar 2024 monthly May 1986 - Mar 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,003.466 Dec 2023 quarterly Mar 2009 - Dec 2023
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.3 Mar 2024 quarterly Jun 2002 - Mar 2024
Business Outlook: Index: Industry: Current Quarter (Point) 26.426 Mar 2024 quarterly Jun 2001 - Mar 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.460 Mar 2024 quarterly Jun 2001 - Mar 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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