Asia ยท PHP ยท Bangko Sentral ng Pilipinas

๐Ÿ‡ต๐Ÿ‡ญPhilippines

Philippinesโ€™ $487B economy grew 4.4% in 2025; the IMF projects 3.4% for 2026. Inflation is 6.2% (Aug 2026) against a 5.00% policy rate.

#34 GDP worldwide#13 in AsiaPolicy stance HikingCompare all economies
๐Ÿ‡ต๐Ÿ‡ญ
$487B

GDP in 2025, current US dollars ยท #34 of 56 tracked economies

4.4%

Real GDP growth in 2025; IMF projects 3.4% for 2026

6.2%

Consumer-price inflation, year on year, Aug 2026

5.00%

Bangko Sentral ng Pilipinas policy rate, ยฑ0 bp over 12 months

Unemployment ยท 2025
4.2%
0.4 ppvs 2024
Government debt
59.1%
2.5 ppof GDP, vs last year
Current account
-3.3%
Deficit ยท % of GDP
Population
114M
GDP per capita $4.3K
Scorecard

Philippines among 56 tracked economies

Marker = percentile. Right is better where a better direction exists; for population and rates, right is higher.

  • GDP
    $487B#34/56
  • Growth
    4.4%#16/56
  • Per capita
    $4.3K#48/56
  • Inflation
    6.2%#11/56
  • Jobless
    4.2%#31/50
  • Debt/GDP
    59.1%#32/56
  • Budget
    -4.5%#37/56
  • Curr. acct
    -3.3%#52/56
  • Policy rate
    5.00%#12/45
  • Population
    114M#12/56
Peers

Growth across Asia

Real GDP growth, 2025

Sources: IMF World Economic Outlook (annual, projections from 2026) ยท BIS policy rates, CPI & FX (monthly, through Sep 2026) ยท World Bank WDI (trade, sectors, FDI, urbanisation)