Philippines 

Social

Indicator
Most recent value
Trend
Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population)
Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population)
Most recent value

(2023)

5.3

(2023)

Trend
Life expectancy at birth, total (years)
Life expectancy at birth, total (years)
Most recent value

(2023)

70

(2023)

Trend
Population, total
Population, total
Most recent value

(2024)

115,843,670

(2024)

Trend
Population growth (annual %)
Population growth (annual %)
Most recent value

(2024)

0.8

(2024)

Trend
Net migration
Net migration
Most recent value

(2024)

-160,373

(2024)

Trend
Human Capital Index (HCI) (scale 0-1)
Human Capital Index (HCI) (scale 0-1)
Most recent value

(2020)

0.5

(2020)

Trend

Economic

Indicator
Most recent value
Trend
GDP (current US$)
GDP (current US$)
Most recent value

(2024 billion)

461.62

(2024 billion)

Trend
GDP per capita (current US$)
GDP per capita (current US$)
Most recent value

(2024)

3,984.8

(2024)

Trend
GDP growth (annual %)
GDP growth (annual %)
Most recent value

(2024)

5.7

(2024)

Trend
Unemployment, total (% of total labor force) (modeled ILO estimate)
Unemployment, total (% of total labor force) (modeled ILO estimate)
Most recent value

(2024)

2.2

(2024)

Trend
Inflation, consumer prices (annual %)
Inflation, consumer prices (annual %)
Most recent value

(2024)

3.2

(2024)

Trend
Personal remittances, received (% of GDP)
Personal remittances, received (% of GDP)
Most recent value

(2024)

8.7

(2024)

Trend
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Surveys

Human Capital Index

  • HCI and GDP Per Capita PPP (log scale, horizontal axis)

    Productivity relative to benchmark of complete education and full health

    Philippines

Global Economic Prospects - Forecasts

  • Annual GDP Growth (%)
    Philippines