Flag of ph

Philippines GDP per Capita

Philippines' GDP per capita rose to $3,925.3 in 2024, up from $3,744.7 in 2023, according to World Bank. This represents an increase of 4.8% ($180.6) from the previous year. The Philippines has GDP per capita lower than the global median ($3,925 vs median $6,791). Compared with the median in Asia, the Philippines is lower ($3,925 vs regional median $5,378) and ranks 31st out of 47 countries in Asia.

Philippines' GDP rose to $461.62 billion in 2024, up from $437.06 billion in 2023.

Yearly Historical Data (1960-2024)

(in USD)
Year GDP per Capita (USD)
2024 3,925.3
2023 3,744.7
2022 3,577.7
2021 3,350.98
2020 3,198.67
2019 3,575.88
2018 3,410.94
2017 3,247.45
2016 3,076.34
2015 2,909.86
2014 2,776.92
2013 2,654.42
2012 2,533.74
2011 2,416.75
2010 2,373.14
2009 2,256.73
2008 2,264.95
2007 2,209.35
2006 2,110.42
2005 2,037.88
2004 1,978.34
2003 1,892.82
2002 1,837.25
2001 1,807.71
2000 1,793.35
1999 1,759.42
1998 1,746.53
1997 1,800.26
1996 1,752.24
1995 1,693.81
1994 1,654.75
1993 1,620.36
1992 1,624.35
1991 1,656.38
1990 1,704.08
1989 1,696
1988 1,638.04
1987 1,576.97
1986 1,551.41
1985 1,537.67
1984 1,696.58
1983 1,878.6
1982 1,898.14
1981 1,881.82
1980 1,867.57
1979 1,822.15
1978 1,772.23
1977 1,730.59
1976 1,683.66
1975 1,587.5
1974 1,540.04
1973 1,522.02
1972 1,430.59
1971 1,388.25
1970 1,348.65
1969 1,334.73
1968 1,311.52
1967 1,285.29
1966 1,257.98
1965 1,241.11
1964 1,214.71
1963 1,211.82
1962 1,168.61
1961 1,150.63
1960 1,123.78
Philippines GDP per Capita : Definition
GDP per Capita measures total economic output for Philippines divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $461.62B $437.06B 2024
GDP Annual Growth Rate 5.69% 5.52% 2024
GDP Growth Rate (QoQ) 1.5% 1.2% Jun'25
GDP Growth Rate (YoY) 5.5% 5.4% Jun'25
GDP per Capita PPP $10,375.94 $9,898.53 2024
R&D Expenditure (% GDP) 0.32% 0.16% 2018
Real GDP $454.72B $430.23B 2024