East Asia & Pacific
Philippines GDP per Capita
Gross Domestic Product divided by midyear population, in current US dollars.
Latest Value
$3,984.832
As of 2024
YoY Change
+4.8%
2023 → 2024
Record High
$3,984.832
Recorded in 2024
Record Low
$166.689
Recorded in 1962
10-Year Average
$3,355.142
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: NY.GDP.PCAP.CD
Historical Trend
Analysis
The Philippines's GDP per capita of 3,984.83 current US$ in 2024 indicates a modest growth in the country's standard of living. This figure is relatively low compared to other countries in the region, suggesting that the Philippines still faces development challenges. The country's economy has been driven by services and remittances from overseas workers.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $3,984.832 | $180.749 | +4.8% |
| 2023 | $3,804.083 | $256.013 | +7.2% |
| 2022 | $3,548.069 | $63.683 | +1.8% |
| 2021 | $3,484.386 | $256.807 | +8.0% |
| 2020 | $3,227.579 | $173.21 | -5.1% |
| 2019 | $3,400.789 | $232.279 | +7.3% |
| 2018 | $3,168.51 | $130.389 | +4.3% |
| 2017 | $3,038.121 | $52.926 | +1.8% |
| 2016 | $2,985.196 | $75.337 | +2.6% |
| 2015 | $2,909.858 | $43.02 | +1.5% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
East Asia & Pacific · GDP per Capita
Similar Rankings
Global · GDP per Capita
