Gross National Product in Philippines decreased to 4583578.37 PHP Million in the first quarter of 2021 from 4782915.81 PHP Million in the fourth quarter of 2020. source: National Statistics Office of Philippines 3Y 10Y 25Y
What’s the GDP growth rate in the Philippines?
Philippine GDP posts -8.3 percent in the fourth Quarter 2020; -9.5 percent for full-year 2020. Reference Number: 2021-51. Release Date: 28 January 2021. The Philippine Gross Domestic Product (GDP) posted a growth rate of -8.3 percent in the fourth quarter of 2020, resulting in the -9.5 percent full-year growth rate for 2020.
What was the GDP of the Philippines in 1962?
The Gross Domestic Product (GDP) in Philippines was worth 313.60 billion US dollars in 2017. The GDP value of Philippines represents 0.51 percent of the world economy. GDP in Philippines averaged 77.31 USD Billion from 1960 until 2017, reaching an all time high of 313.60 USD Billion in 2017 and a record low of 4.40 USD Billion in 1962.
What kind of economy does the Philippines have?
Tourism is an important sector for the Philippine economy, contributing 7.8% to the Philippine gross domestic product (GDP) in 2014. The tourism industry employed 3.8 million Filipinos, or 10.2 per cent of national employment in 2011, according to data gathered by the National Statistical Coordination Board.
How big is the GDP of the Philippines?
Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country’s economic power. The GDP of the Philippines is expected to increase substantially to over 590.86 billion U.S. dollars by 2026.
What was the GDP of the Philippines in 1981?
Philippines Gross National Product (GNP) data is updated quarterly, averaging 23.818 USD bn from Mar 1981 to Dec 2020, with 160 observations. The data reached an all-time high of 117.150 USD bn in Dec 2019 and a record low of 6.715 USD bn in Sep 1985.
What was the highest GNP in the Philippines?
The data reached an all-time high of 117.150 USD bn in Dec 2019 and a record low of 6.715 USD bn in Sep 1985. Philippines Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
