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Philippines real GDPPP

Philippines real GDP

6.19 TPHPR
+873.53 B
PHP
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PHGDPCP chart


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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪6.19 T‬ PHP on Dec 31, 2024
Lowest
‪1.65 T‬ PHP on Mar 31, 2000

About Philippines real GDP


Category
GDP
Source
Statistics Authority
Frequency
Quarterly
Units
PHP

Philippines in figures — see more economic indicators tied to PHGDPCP.
PHFYGDPG
R
Full Year GDP Growth
5.6%
PHGDP
R
GDP
437.15 BUSD
PHGDPA
R
GDP From Agriculture
522.71 BPHP
PHGDPC
R
GDP From Construction
481 BPHP
PHGDPCP
R
Real GDP
6.19 TPHP
PHGDPMAN
R
GDP From Manufacturing
1.13 TPHP
PHGDPMIN
R
GDP From Mining
37.49 BPHP
PHGDPPA
R
GDP From Public Administration
311.62 BPHP
PHGDPPC
R
GDP Per Capita
3.75 KUSD
PHGDPPCP
R
GDP Per Capita PPP
9.9 KUSD
PHGDPQQ
R
GDP Growth Rate
1.8%
PHGDPS
R
GDP From Services
3.84 TPHP
PHGDPT
R
GDP From Transport
237 BPHP
PHGDPU
R
GDP From Utilities
177.18 BPHP
PHGDPYY
R
GDP Growth
5.2%
PHGFCF
R
Gross Fixed Capital Formation
1.37 TPHP
PHGNP
R
Gross National Product
6.48 TPHP

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Philippines real GDP was 6.19 T PHP, and the quarter before it reached 5.32 T PHP.