Philippines GDP per Capita

1950 - 2024 | Yearly | USD | CEIC Data

Key information about Philippines GDP Per Capita

  • Philippines Gross Domestic Product (GDP) per Capita reached 1,954.615 USD in Dec 2024, compared with 1,851.504 USD in Dec 2023.
  • Philippines GDP Per Capita data is updated yearly, available from Dec 1950 to Dec 2024, with an average number of 642.282 USD.
  • The data reached an all-time high of 3,644.797 USD in Dec 2022 and a record low of 177.167 in Dec 1962.
  • CEIC converts annual GDP per Capita into USD. Philippine Statistics Authority provides GDP per Capita in local currency. Bangko Sentral ng Pilipinas average market exchange rate is used for currency conversions. GDP per Capita prior to 2000 is based on old classification of data. GDP per Capita prior to 1998 is calculated from Nominal GDP sourced from Philippine Statistics Authority and Population sourced from the International Monetary Fund.


Related information about Philippines GDP Per Capita data

  • In the latest reports, Philippines GDP expanded 4.263 % YoY in Sep 2025.
  • Philippines Nominal GDP reached 114.881 USD bn in Sep 2025.
  • Its GDP deflator (implicit price deflator) increased 0.815 % in Sep 2025.
  • Gross Savings Rate of Philippines was measured at 5.374 % in Sep 2025.

View Philippines's GDP per Capita from 1950 to 2024 in the chart:

Philippines GDP per Capita

What was Philippines's GDP per Capita in 2024?

Philippines Gross Domestic Product (GDP) per Capita reached 1,954.615 USD in Dec 2024, compared with 1,851.504 USD in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,954.615 2024 1,851.504 2023 177.167 1962 3,644.797 2022 USD yearly 1950 - 2024

GDP per Capita by Country Comparison

country/region Last Frequency Range
Albania (USD) 6,867.696 2022 yearly 1980 - 2022
Algeria (USD) 3,630.400 2021 yearly 1963 - 2021
Argentina (USD) 13,765.315 2024 yearly 1960 - 2024
Armenia (USD) 8,555.659 2024 yearly 1994 - 2024
Australia (USD) 65,655.829 2025 yearly 1960 - 2025
Austria (USD) 58,226.036 2024 yearly 1957 - 2024
Azerbaijan (USD) 7,283.800 2024 yearly 1990 - 2024
Bahrain (USD) 29,535.929 2024 yearly 1981 - 2024
Bangladesh (USD) 2,670.748 2025 yearly 1960 - 2025
Belarus (USD) 8,317.747 2024 yearly 1995 - 2024
Belgium (USD) 56,730.671 2024 yearly 1957 - 2024
Bolivia (USD) 3,688.560 2023 yearly 1960 - 2023
Bosnia and Herzegovina (USD) 8,567.000 2024 yearly 2000 - 2024
Botswana (USD) 7,712.303 2024 yearly 1994 - 2024
Brazil (USD) 10,247.330 2024 yearly 1962 - 2024
Brunei (USD) 33,679.046 2024 yearly 1965 - 2024
Bulgaria (USD) 17,607.065 2024 yearly 1985 - 2024
Cambodia (USD) 2,674.458 2024 yearly 1993 - 2024
Canada (USD) 54,733.470 2025 yearly 1971 - 2025
Chile (USD) 16,395.246 2024 yearly 1960 - 2024
China (USD) 13,306.173 2024 yearly 1957 - 2024
Colombia (USD) 7,336.549 2024 yearly 1960 - 2024
Croatia (USD) 23,162.303 2024 yearly 1996 - 2024
Cyprus (USD) 37,303.582 2024 yearly 1995 - 2024
Czech Republic (USD) 31,807.431 2024 yearly 1990 - 2024
Denmark (USD) 71,005.231 2024 yearly 1966 - 2024
Ecuador (USD) 6,939.335 2024 yearly 1960 - 2024
Egypt (USD) 3,598.326 2024 yearly 1982 - 2024
Estonia (USD) 31,351.423 2024 yearly 1993 - 2024
European Union (USD) 41,541.357 2023 yearly 1999 - 2023
Finland (USD) 53,101.092 2024 yearly 1960 - 2024
France (USD) 46,068.852 2024 yearly 1957 - 2024
Georgia (USD) 9,241.491 2024 yearly 1993 - 2024
Germany (USD) 56,061.368 2024 yearly 1960 - 2024
Ghana (USD) 2,513.105 2024 yearly 1960 - 2024
Greece (USD) 24,733.727 2024 yearly 1960 - 2024
Hong Kong SAR, China (USD) 54,081.521 2024 yearly 1961 - 2024
Hungary (USD) 23,321.000 2024 yearly 1968 - 2024
Iceland (USD) 86,472.856 2024 yearly 1960 - 2024
India (USD) 2,777.570 2025 yearly 1958 - 2025
Indonesia (USD) 4,958.385 2024 yearly 2010 - 2024
Iran (USD) 49,404.346 2024 yearly 1960 - 2024
Ireland (USD) 113,135.909 2024 yearly 2000 - 2024
Israel (USD) 54,382.477 2024 yearly 1995 - 2024
Italy (USD) 38,230.554 2023 yearly 1957 - 2023
Ivory Coast (USD) 2,757.523 2023 yearly 1960 - 2023
Japan (USD) 32,434.398 2024 yearly 1957 - 2024
Jordan (USD) 4,553.225 2024 yearly 1957 - 2024
Kazakhstan (USD) 14,444.600 2024 yearly 1993 - 2024
Kenya (USD) 2,295.251 2024 yearly 2006 - 2024
South Korea (USD) 36,222.600 2024 yearly 1953 - 2024
Kosovo (USD) 7,060.288 2024 yearly 2000 - 2024
Kuwait (USD) 32,121.103 2024 yearly 1993 - 2024
Kyrgyzstan (USD) 2,400.257 2024 yearly 1994 - 2024
Laos (USD) 1,970.000 2024 yearly 1984 - 2024
Latvia (USD) 23,407.484 2024 yearly 1995 - 2024
Lebanon (USD) 34,460.320 2023 yearly 1997 - 2023
Lithuania (USD) 29,604.322 2024 yearly 1994 - 2024
Luxembourg (USD) 136,677.826 2024 yearly 1995 - 2024
Macau SAR, China (USD) 72,109.643 2024 yearly 1982 - 2024
North Macedonia (USD) 9,154.553 2024 yearly 1994 - 2024
Malawi (USD) 558.800 2024 yearly 1960 - 2024
Malaysia (USD) 12,405.661 2024 yearly 1957 - 2024
Malta (USD) 43,941.022 2024 yearly 1995 - 2024
Mauritius (USD) 11,983.116 2024 yearly 1960 - 2024
Mexico (USD) 13,922.959 2024 yearly 1993 - 2024
Moldova (USD) 6,731.637 2023 yearly 2010 - 2023
Mongolia (USD) 6,653.579 2024 yearly 1991 - 2024
Montenegro (USD) 13,260.131 2024 yearly 2000 - 2024
Morocco (USD) 4,366.111 2024 yearly 1960 - 2024
Mozambique (USD) 646.000 2023 yearly 1991 - 2023
Myanmar (USD) 1,116.432 2022 yearly 1985 - 2022
Nepal (USD) 1,496.214 2025 yearly 1960 - 2025
Netherlands (USD) 67,281.298 2024 yearly 1960 - 2024
New Zealand (USD) 48,319.462 2025 yearly 1961 - 2025
Nigeria (USD) 2,955.323 2022 yearly 1981 - 2022
Norway (USD) 86,723.790 2024 yearly 1915 - 2024
Oman (USD) 20,337.079 2024 yearly 1980 - 2024
Pakistan (USD) 1,396.476 2023 yearly 1960 - 2023
Palestinian Territory (USD) 2,610.200 2024 yearly 1994 - 2024
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 7,051.613 2024 yearly 1950 - 2024
Peru (USD) 9,051.574 2025 yearly 1991 - 2025
Philippines (USD) 1,954.615 2024 yearly 1950 - 2024
Poland (USD) 24,477.281 2024 yearly 1965 - 2024
Portugal (USD) 28,873.773 2024 yearly 1960 - 2024
Qatar (USD) 69,532.967 2023 yearly 2000 - 2023
Romania (USD) 20,096.974 2024 yearly 1981 - 2024
Russia (USD) 13,817.046 2023 yearly 1992 - 2023
Saudi Arabia (USD) 35,121.663 2024 yearly 1963 - 2024
Serbia (USD) 13,679.200 2024 yearly 1995 - 2024
Singapore (USD) 90,689.000 2024 yearly 1960 - 2024
Slovakia (USD) 25,795.605 2024 yearly 1995 - 2024
Slovenia (USD) 34,085.000 2024 yearly 1980 - 2024
South Africa (USD) 6,474.783 2024 yearly 1957 - 2024
Spain (USD) 35,295.094 2024 yearly 1960 - 2024
Sri Lanka (USD) 4,522.000 2024 yearly 1959 - 2024
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 54,970.010 2023 yearly 1957 - 2023
Switzerland (USD) 107,134.807 2024 yearly 1980 - 2024

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Consolidated Fiscal Balance (USD mn) 191.324 Oct 2025 monthly Jan 1985 - Oct 2025
Tax Revenue (USD mn) 7,109.904 Oct 2025 monthly Jan 1985 - Oct 2025
Tax Revenue: % of GDP (%) 15.6 Sep 2025 quarterly Mar 1985 - Sep 2025
National Government Debt (USD mn) 297,648.2 Oct 2025 monthly Jan 1993 - Oct 2025
Government Debt: % of GDP (%) 63.1 Sep 2025 quarterly Mar 1993 - 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
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 14,437,106.000 Oct 2025 monthly Jan 2006 - Oct 2025
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 938,368.000 Oct 2025 monthly Jan 2006 - Oct 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,827.8 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 7,391.9 Oct 2025 monthly Jan 1979 - Oct 2025
Total Exports Growth (%) 19.4 Oct 2025 monthly Jan 1980 - Oct 2025
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 (%) -6.5 Oct 2025 monthly Jan 1980 - Oct 2025
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) 1,161.615 Oct 2025 monthly Jan 1978 - Oct 2025
Total Imports from USA (USD mn) 690.708 Oct 2025 monthly Jan 1986 - Oct 2025
Total Exports to China (USD mn) 868.438 Oct 2025 monthly Jan 1984 - Oct 2025
Total Imports from China (USD mn) 3,408.777 Oct 2025 monthly Jan 1986 - Oct 2025
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) 305.3 Jun 2025 monthly Jan 2005 - Jun 2025
Current Account Balance (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 493.7 Aug 2025 monthly Jan 2005 - Aug 2025
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment (USD mn) 942.773 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 0.8 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -144.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,086.904 Jun 2025 quarterly Mar 1977 - Jun 2025
External Debt (USD mn) 148,873.0 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: % of GDP (%) 29.8 2024 yearly 1990 - 2024
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.5 2024 yearly 2005 - 2024
Forecast: Current Account Balance (USD bn) -13.928 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,284.036 Jun 2025 quarterly Dec 2012 - Jun 2025
BoP: Change in Reserve Assets: Debit (USD mn) 3,540.703 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Financial Derivatives (FD) (USD mn) 3.339 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 109.782 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -721.743 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Credit: Export (USD mn) 4,345.739 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Credit: Receipts (USD mn) 7.553 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -56.003 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Financial Account (FA) (USD mn) -6,468.764 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 8,335.793 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income (USD mn) 414.176 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Debit: Import (USD mn) 3,242.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods (USD mn) -6,428.866 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 2,750.794 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 93.584 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Capital Account (CA) (USD mn) 7.090 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services (USD mn) 1,103.388 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -106.020 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Debit: Payments (USD mn) 0.463 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -109.359 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Import (USD mn) 15,398.524 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income (USD mn) 2,712.952 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,544.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Current Account (CA) (USD mn) -2,198.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Debit: Import (USD mn) 10,973.729 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,503.036 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,863.171 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -112.376 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,867.029 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,213.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Export (USD mn) 13,200.174 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,806.536 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,088.860 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -424.122 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Other Investments (OI) (USD mn) -5,935.605 Sep 2024 monthly Jan 2005 - Sep 2024
External Debt: Medium and Long Term (USD mn) 118,527.393 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: France (USD mn) 1,223.412 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,510.353 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: Japan (USD mn) 15,383.270 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,119.277 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,601.742 Sep 2024 quarterly Mar 2005 - Sep 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Transportation & Storage (PHP mn) 11,869.695 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Manufacturing (PHP mn) 30,550.029 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Administrative & Support Services (PHP mn) 3,327.175 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,515.437 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Information & Communication (PHP mn) 265.529 Dec 2024 quarterly Mar 2010 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Oct 2025 monthly Mar 2008 - Oct 2025
Household Debt: % of GDP (%) 12.8 Sep 2025 quarterly Mar 2009 - Sep 2025
Non-Performing Loans (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 127,138.042 Oct 2025 monthly Dec 1988 - Oct 2025
Money Supply M2 (USD mn) 317,145.401 Oct 2025 monthly Dec 1988 - Oct 2025
M2 Growth (%) 8.8 Oct 2025 monthly Dec 1989 - Oct 2025
Reserve Requirement Ratio (%) 5.0 Nov 2025 monthly May 1986 - Nov 2025
Foreign Exchange Reserves (USD mn) 88,412.0 Nov 2025 monthly Jan 1960 - Nov 2025
Foreign Exchange Reserves: Months of Import (NA) 7.9 Oct 2025 monthly Jan 1979 - Oct 2025
Gold Reserves (USD mn) 18,025.841 Nov 2025 monthly Dec 1956 - Nov 2025
Total Deposits (USD mn) 362,936.341 Sep 2025 quarterly Mar 2008 - Sep 2025
Total Deposits Growth (%) 7.6 Sep 2025 quarterly Mar 2009 - Sep 2025
Domestic Credit (USD mn) 365,706.8 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit Growth (%) 10.5 Oct 2025 monthly Dec 2002 - Oct 2025
Household Debt (USD mn) 60,938.4 Sep 2025 quarterly Mar 2009 - Sep 2025
Total Loans (USD mn) 256,125.179 Oct 2025 monthly Mar 2008 - Oct 2025
Total Loans Growth (%) 10.56 Oct 2025 monthly Mar 2009 - Oct 2025
Private Debt: % of Nominal GDP (%) 49.96 Sep 2025 quarterly Dec 2001 - Sep 2025
DCS: Domestic Claims (DC) (PHP mn) 21,577,798.580 Oct 2025 monthly Dec 2001 - Oct 2025
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 8.255 Oct 2025 monthly Dec 2002 - Oct 2025
YoY: DCS: LA: M4: M3 (%) 8.820 Oct 2025 monthly Dec 2002 - Oct 2025
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 8.434 Oct 2025 monthly Dec 2002 - Oct 2025
YoY: DCS: LA: M4: M3: M2 (%) 9.089 Oct 2025 monthly Dec 2002 - Oct 2025
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Nov 2025 monthly May 1986 - Nov 2025
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,536.987 Sep 2025 quarterly Mar 2009 - Sep 2025
CL: PBS: Real Estate: Residential (PHP bn) 1,177.772 Sep 2025 quarterly Mar 2009 - Sep 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -16.0 Sep 2025 quarterly Jun 2002 - Sep 2025
Business Outlook: Index: Industry: Current Quarter (Point) 34.545 Dec 2024 quarterly Jun 2001 - Dec 2024
Business Outlook: Index: Services: Current Quarter (Point) 52.860 Dec 2024 quarterly Jun 2001 - Dec 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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