Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)

1960 - 2024 | Yearly | USD mn | World Bank

Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 127.840 USD bn in 2024. This records an increase from the previous number of 123.239 USD bn for 2023. Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 22.029 USD bn from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 127.840 USD bn in 2024 and a record low of 1.727 USD bn in 1962. Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

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Philippines Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)

What was Philippines's Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) in 2024?

Last	Previous	Min	Max	Unit	Frequency	Range
127,840.252 2024	123,239.296 2023	1,727.452 1962	127,840.252 2024	USD mn	yearly	1960 - 2024

Related Indicators for Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)

Related indicators	Last	Frequency	Range
Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including ... (USD mn)	127,840.252 2024	yearly	1960 - 2024
Philippines PH: Gross National Income: Linked Series (PHP mn)	29,892,340.904 2024	yearly	1990 - 2024
Philippines PH: GDP: Final Consumption Expenditure: Households and NPISHs: Linke... (PHP mn)	20,137,692.097 2024	yearly	1990 - 2024
Philippines PH: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, a... (PHP mn)	2,401,998.593 2024	yearly	1960 - 2024

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Philippines Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	16,074.933 2028	yearly	1980 - 2028
Forecast: Nominal GDP Per Capita (USD)	4,824.020 2027	yearly	1980 - 2027
Forecast: Real GDP Growth (%)	6.412 2028	yearly	1980 - 2028
GDP Deflator Growth (%)	0.8 Sep 2025	quarterly	Mar 1982 - Sep 2025
GDP per Capita (USD)	1,954.615 2024	yearly	1950 - 2024
Gross Fixed Capital Formation (USD mn)	26,097.590 Sep 2025	quarterly	Mar 1981 - Sep 2025
Gross National Product (GNP) (USD mn)	134,069.336 Sep 2025	quarterly	Mar 1981 - Sep 2025
Gross Savings Rate (%)	5.4 Sep 2025	quarterly	Mar 1981 - Sep 2025
Investment: % of GDP (%)	22.4 Sep 2025	quarterly	Jun 1972 - Sep 2025
Nominal GDP (USD mn)	114,881.0 Sep 2025	quarterly	Mar 1981 - Sep 2025
Nominal GDP Growth (%)	4.850 Sep 2025	quarterly	Mar 1982 - Sep 2025
Private Consumption Expenditure (USD mn)	90,910.392 Sep 2025	quarterly	Mar 1981 - Sep 2025
Private Consumption: % of GDP (%)	79.1 Sep 2025	quarterly	Mar 1981 - Sep 2025
Public Consumption Expenditure (USD mn)	17,796.513 Sep 2025	quarterly	Mar 1981 - Sep 2025
Public Consumption: % of GDP (%)	15.5 Sep 2025	quarterly	Mar 1981 - Sep 2025
Real GDP Growth (%)	4.3 Sep 2025	quarterly	Mar 1999 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%)	74.020 Sep 2025	quarterly	Mar 1981 - Sep 2025

Production	Last	Frequency	Range
Gold Production (kg)	31,046.000 2023	yearly	1990 - 2023
Industrial Production Index Growth (%)	1.4 Oct 2025	monthly	Jan 2002 - Oct 2025
Minerals Production (Metric Ton)	19,803,328.000 2023	yearly	2009 - 2023
Motor Vehicle Production (Unit)	126,571.000 2024	yearly	1999 - 2024
Silver Production (Metric Ton)	46.160 2023	yearly	1986 - 2023

Construction and Properties	Last	Frequency	Range
Building Permits (Unit)	12,705.000 Oct 2025	monthly	Jan 2002 - Oct 2025
House Prices Growth (%)	7.5 Jun 2025	quarterly	Mar 2015 - Jun 2025
Nominal Residential Property Price Index (2010=100)	305.210 Jun 2025	quarterly	Mar 2008 - Jun 2025
Nominal Residential Property Price Index Growth (%)	7.547 Jun 2025	quarterly	Mar 2009 - Jun 2025
Real Residential Property Price Index (2010=100)	189.317 Jun 2025	quarterly	Mar 2008 - Jun 2025
Real Residential Property Price Index Growth (%)	6.111 Jun 2025	quarterly	Mar 2009 - Jun 2025

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-6.0 Sep 2025	quarterly	Dec 1985 - Sep 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
Government Debt: % of GDP (%)	63.1 Sep 2025	quarterly	Mar 1993 - Sep 2025
Tax Revenue (USD mn)	7,109.904 Oct 2025	monthly	Jan 1985 - Oct 2025
National Government Debt (USD mn)	297,648.2 Oct 2025	monthly	Jan 1993 - Oct 2025
Consolidated Fiscal Balance (USD mn)	191.324 Oct 2025	monthly	Jan 1985 - Oct 2025
Tax Revenue: % of GDP (%)	15.6 Sep 2025	quarterly	Mar 1985 - Sep 2025

Demographic and Labour Market	Last	Frequency	Range
Employed Persons (Person)	48,581,333.333 Sep 2025	quarterly	Jun 1982 - Sep 2025
Forecast: Population (Person mn)	119.099 2028	yearly	1980 - 2028
Forecast: Unemployment Rate (%)	4.483 2030	yearly	1985 - 2030
Labour Force Participation Rate (%)	63.6 Oct 2025	quarterly	Jul 2003 - Oct 2025
Labour Productivity Growth (%)	4.32 2024	yearly	1992 - 2024
Population (Person mn)	112.7 2024	yearly	1950 - 2024
Unemployment Rate (%)	5.30 Jul 2025	quarterly	Jul 1982 - Jul 2025

More Indicators for Philippines

Indicators	Last	Frequency	Range
Philippines Avg Capacity Utilization Rate: 1994=100: Fabricated Metal Products (%)	75.000 Dec 2007	monthly	Jan 2000 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Machinery excl Electrical (%)	85.700 Dec 2007	monthly	Jan 2000 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Transport Equipment (%)	71.900 Dec 2007	monthly	Jan 2000 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Electrical Machinery (%)	83.200 Dec 2007	monthly	Jan 2000 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Miscellaneous Manufactures (%)	83.200 Dec 2007	monthly	Jan 2000 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Publishing and Printing (%)	79.100 Dec 2007	monthly	Dec 1999 - Dec 2007
Philippines Avg Capacity Utilization Rate: 1994=100: Leather Products (%)	83.500 Dec 2007	monthly	Dec 1999 - Dec 2007
Philippines Production: Value: 1985p: Fishery (PHP mn)	15,906.76 Jun 2001	quarterly	Mar 1989 - Jun 2001
Philippines Production: Value: 1985p: Fishery: Commercial (PHP mn)	4,363.55 Jun 2001	quarterly	Mar 1989 - Jun 2001
Philippines Production: Value: 1985p: Fishery: Municipal (PHP mn)	3,952.26 Jun 2001	quarterly	Mar 1989 - Jun 2001
Philippines Production: Value: 1985p: Fishery: Aquaculture (PHP mn)	7,590.96 Jun 2001	quarterly	Mar 1989 - Jun 2001
Philippines Production: Value: 1985p: Year to Date: Agriculture & Fishery (PHP mn)	330,776.70 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Agricultural Crops (PHP mn)	150,399.85 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops (PHP mn)	129,524.70 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Palay (PHP mn)	51,731.24 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Corn (PHP mn)	18,811.56 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Coconut (PHP mn)	23,620.86 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Sugarcane (PHP mn)	5,894.86 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Banana (PHP mn)	16,291.40 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Pineapple (PHP mn)	4,013.09 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Coffee (PHP mn)	2,192.13 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Mango (PHP mn)	5,928.31 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Tobacco (PHP mn)	612.26 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Major Crops: Abaca (PHP mn)	428.99 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops (PHP mn)	20,875.15 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Peanut (PHP mn)	252.28 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Mongo (PHP mn)	318.23 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Cassava (PHP mn)	2,941.78 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Camote (PHP mn)	1,028.89 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Tomato (PHP mn)	725.19 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Garlic (PHP mn)	442.53 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Onion (PHP mn)	842.06 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Cabbage (PHP mn)	606.16 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Eggplant (PHP mn)	995.44 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Calamansi (PHP mn)	960.53 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Rubber (PHP mn)	1,794.39 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Other Crops: Cotton (PHP mn)	19.54 Dec 1998	quarterly	Mar 1998 - Dec 1998
Philippines Production: Value: 1985p: Year to Date: Other Crops: Other Fibercrop... (PHP mn)	67.75 Dec 2003	quarterly	Mar 1998 - Dec 2003
Philippines Production: Value: 1985p: Year to Date: Other Crops: Others (PHP mn)	9,967.67 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock (PHP mn)	41,974.74 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock: Carabao (PHP mn)	1,786.60 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock: Cattle (PHP mn)	4,901.57 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock: Hog (PHP mn)	34,185.86 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock: Goat (PHP mn)	1,022.20 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Livestock: Dairy (PHP mn)	78.50 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Poultry (PHP mn)	49,378.52 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Poultry: Chicken (PHP mn)	36,290.95 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Poultry: Duck (PHP mn)	1,157.60 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Poultry: Chicken eggs (PHP mn)	11,105.04 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Poultry: Duck eggs (PHP mn)	824.93 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Fishery (PHP mn)	89,023.60 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Fishery: Commercial (PHP mn)	19,814.43 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Fishery: Municipal (PHP mn)	19,886.25 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: 1985p: Year to Date: Fishery: Aquaculture (PHP mn)	49,322.92 Dec 2010	quarterly	Mar 1998 - Dec 2010
Philippines Production: Value: Year to Date: Total Agriculture & Fishery (PHP mn)	444,027.90 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Agricultural Crops (PHP mn)	252,184.82 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops (PHP mn)	217,705.80 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Palay (PHP mn)	91,292.76 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Corn (PHP mn)	34,459.16 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Coconut (PHP mn)	24,856.95 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Sugarcane (PHP mn)	15,783.18 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Banana (PHP mn)	36,233.49 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Pineapple (PHP mn)	5,515.29 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Coffee (PHP mn)	1,751.88 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Mango (PHP mn)	5,741.13 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Tobacco (PHP mn)	1,040.64 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Major Crops: Abaca (PHP mn)	1,031.32 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops (PHP mn)	34,479.03 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Peanut (PHP mn)	535.57 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Mongo (PHP mn)	487.97 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Cassava (PHP mn)	2,709.22 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Camote (PHP mn)	1,830.01 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Tomato (PHP mn)	1,315.01 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Garlic (PHP mn)	647.45 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Onion (PHP mn)	4,160.40 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Cabbage (PHP mn)	582.55 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Eggplant (PHP mn)	2,099.85 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Calamansi (PHP mn)	472.40 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Rubber (PHP mn)	1,216.36 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Other Crops: Others (PHP mn)	18,422.24 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock (PHP mn)	75,520.18 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock: Carabao (PHP mn)	2,895.26 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock: Cattle (PHP mn)	6,430.13 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock: Hog (PHP mn)	63,446.84 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock: Goat (PHP mn)	2,536.83 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Livestock: Dairy (PHP mn)	211.12 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Poultry (PHP mn)	57,479.44 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Poultry: Chicken (PHP mn)	41,872.64 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Poultry: Duck (PHP mn)	917.86 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Poultry: Chicken Eggs (PHP mn)	13,659.42 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Poultry: Duck Eggs (PHP mn)	1,029.53 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Value: Year to Date: Fishery (PHP mn)	58,843.46 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Palay (Metric Ton th)	4,622.98 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Corn (Metric Ton th)	2,476.57 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Coconut (Metric Ton th)	3,333.61 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Sugarcane (Metric Ton th)	11,122.86 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Banana (Metric Ton th)	2,143.88 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Pineapple (Metric Ton th)	620.64 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Coffee (Metric Ton th)	18.42 Mar 2018	quarterly	Mar 1998 - Mar 2018
Philippines Production: Volume: Year to Date: Major Crops: Mango (Metric Ton th)	97.70 Mar 2018	quarterly	Mar 1998 - Mar 2018

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