Economy of Philippines
GDP, industries, trade data, and economic indicators
GDP
$404,260M
USD (nominal)
GDP per Capita
$3,623
USD per person
GDP Growth
+7.6%
Annual rate
HDI Score
0.699
Rank #116 worldwide
Unemployment
5.4%
Of labor force
Inflation
5.8%
Consumer prices
GDP per Capita Comparison
Philippines
$3,623
United States (reference)
$76,330
Philippines's GDP per capita is 4.7% of the US level.
Major Industries
Electronics
BPO Services
Agriculture
Remittances
Tourism
International Trade
Top Exports
- 1 Electronics
- 2 Machinery
- 3 Food Products
- 4 Coconut Oil
- 5 Copper
Top Imports
- 1 Electronics
- 2 Petroleum
- 3 Vehicles
- 4 Machinery
- 5 Iron and Steel
Top Trade Partners
Currency
Philippine Peso
Currency code: PHP
Human Development Index (HDI)
#116
World Ranking
HDI Score: 0.699
Medium Development
0.0
0.55
0.70
0.80
1.0
Frequently Asked Questions
What is the GDP of Philippines?
The GDP of Philippines is approximately $404,260 million USD.
What are the major industries in Philippines?
The major industries in Philippines include Electronics, BPO Services, Agriculture, Remittances, Tourism.
What currency does Philippines use?
Philippines uses the Philippine Peso (PHP).
What is the unemployment rate in Philippines?
The unemployment rate in Philippines is approximately 5.4%.
What does Philippines export?
Philippines's top exports include Electronics, Machinery, Food Products, Coconut Oil, Copper.