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;

View Philippines's Philippines PH: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) from 1960 to 2024 in the chart:

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

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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) 26,002.933 Dec 2025 quarterly Mar 1981 - Dec 2025
Gross National Product (GNP) (USD mn) 154,235.379 Dec 2025 quarterly Mar 1981 - Dec 2025
Gross Savings Rate (%) 5.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Investment: % of GDP (%) 18.7 Dec 2025 quarterly Jun 1972 - Dec 2025
Nominal GDP (USD mn) 114,881.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Nominal GDP Growth (%) 4.408 Dec 2025 quarterly Mar 1982 - Dec 2025
Private Consumption Expenditure (USD mn) 102,918.705 Dec 2025 quarterly Mar 1981 - Dec 2025
Private Consumption: % of GDP (%) 76.3 Dec 2025 quarterly Mar 1981 - Dec 2025
Public Consumption Expenditure (USD mn) 18,539.081 Dec 2025 quarterly Mar 1981 - Dec 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 (%) 58.985 Dec 2025 quarterly Mar 1981 - Dec 2025
Production Last Frequency Range
Gold Production (kg) 31,046.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) -1.5 Nov 2025 monthly Jan 2002 - Nov 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) 12,281.000 Nov 2025 monthly Jan 2002 - Nov 2025
House Prices Growth (%) 1.9 Sep 2025 quarterly Mar 2015 - Sep 2025
Nominal Residential Property Price Index (2010=100) 293.507 Sep 2025 quarterly Mar 2008 - Sep 2025
Nominal Residential Property Price Index Growth (%) 7.547 Jun 2025 quarterly Mar 2009 - Jun 2025
Real Residential Property Price Index (2010=100) 180.685 Sep 2025 quarterly Mar 2008 - Sep 2025
Real Residential Property Price Index Growth (%) 0.486 Sep 2025 quarterly Mar 2009 - Sep 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 (%) 63.2 Dec 2025 quarterly Mar 1993 - Dec 2025
Tax Revenue (USD mn) 5,625.747 Nov 2025 monthly Jan 1985 - Nov 2025
National Government Debt (USD mn) 301,127.7 Dec 2025 monthly Jan 1993 - Dec 2025
Consolidated Fiscal Balance (USD mn) -2,674.510 Nov 2025 monthly Jan 1985 - Nov 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 (%) 3.667 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

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