GDP Constant Prices in Philippines decreased to 4244695 PHP Million in the first quarter of 2021 from 4825185.PHP Million in the fourth quarter of 2020. source: National Statistics Office of Philippines

GDP Constant Prices in Philippines averaged 1588762.32 PHP Million from 1981 until 2020, reaching an all time high of 5260227.94 PHP Million in the fourth quarter of 2019 and a record low of 487413.68 PHP Million in the third quarter of 1985. This page provides - Philippines GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP Constant Prices - values, historical data and charts - was last updated on July of 2021.

GDP Constant Prices in Philippines is expected to be 4670486.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Philippines to stand at 4520600.00 in 12 months time. In the long-term, the Philippines GDP Constant Prices is projected to trend around 5653911.00 PHP Million in 2022 and 6162762.00 PHP Million in 2023, according to our econometric models.

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Philippines GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
4244695.00 4825185.00 5260227.94 487413.68 1981 - 2021 PHP Million Quarterly
Constant Prices, NSA

Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 3.80 8.00 -14.90 percent [+]
GDP Annual Growth Rate -4.20 -8.30 12.40 -17.00 percent [+]
GDP 361.49 376.82 376.82 4.40 USD Billion [+]
GDP Constant Prices 4244695.00 4825185.00 5260227.94 487413.68 PHP Million [+]
Gross National Product 4583578.37 4782915.81 5166622.67 944320.00 PHP Million [+]
Gross Fixed Capital Formation 872020.86 1029629.31 1072932.66 163357.69 PHP Million [+]
GDP per capita 2980.02 3340.13 3340.13 1100.02 USD [+]
GDP per capita PPP 7953.58 8914.72 8914.72 4006.70 USD [+]
GDP From Agriculture 434377.00 519641.00 519641.00 114778.44 PHP Million [+]
GDP From Construction 217314.00 326571.00 3089208.00 23906.00 PHP Million [+]
GDP From Manufacturing 882192.00 974013.00 974013.00 252377.26 PHP Million [+]
GDP From Mining 35552.00 30929.00 43890.00 10394.10 PHP Million [+]
GDP From Public Administration 205871.00 249426.00 255111.00 43289.41 PHP Million [+]
GDP From Services 2526208.00 2830158.00 2830158.00 675416.60 PHP Million [+]
GDP From Transport 136438.00 135648.00 168036.00 34827.71 PHP Million [+]
GDP From Utilities 138453.00 143873.00 167303.00 42117.43 PHP Million [+]