Share of World GDP: Philippines
Philippines's share of world gdp is currently 0.7% as of 2026. # Philippines Share of World GDP The Philippines commands 0.
Current (2026)
0.7%
+2.7% y/y
Peak (2026)
0.7%
Low (1992)
0.5%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Share of World GDP — Philippines
1980 — 2026
Share of World GDP — Philippines
Analysis# Philippines Share of World GDP
The Philippines commands 0.726% of global GDP in 2026, matching its all-time peak for the same year. This represents substantial growth from the 0.487% low recorded in 1992, marking a 12.4% increase over the 1980–2030 period. The country's economic footprint has expanded steadily from its baseline four decades ago, positioning it as an increasingly significant contributor to world output.
Recent momentum accelerated sharply from 2021 onward. After declining to 0.638% in 2021—likely reflecting pandemic disruptions—the Philippines rebounded consistently through 2026, gaining 0.088 percentage points in five years. The continuous upward trajectory from 2021 through the forecast period signals strengthening economic fundamentals and sustained growth expectations that will likely maintain the Philippines' elevated global economic standing.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.8% | +2.92% |
| 2029 | 0.8% | +2.74% |
| 2028 | 0.8% | +2.82% |
| 2027 | 0.7% | +2.62% |
| 2026 | 0.7% | +2.69% |
| 2025 | 0.7% | +2.32% |
| 2024 | 0.7% | +2.22% |
| 2023 | 0.7% | +2.11% |
| 2022 | 0.7% | +3.76% |
| 2021 | 0.6% | -3.04% |
| 2020 | 0.7% | -6.40% |
| 2019 | 0.7% | +1.88% |
| 2018 | 0.7% | +2.37% |
| 2017 | 0.7% | +3.06% |
| 2016 | 0.7% | +3.97% |
| 2015 | 0.6% | +2.78% |
| 2014 | 0.6% | +2.86% |
| 2013 | 0.6% | +3.30% |
| 2012 | 0.6% | +3.60% |
| 2011 | 0.6% | +0.00% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.6% | +2.21% |
| 2009 | 0.5% | +2.06% |
| 2008 | 0.5% | +1.52% |
| 2007 | 0.5% | +1.16% |
| 2006 | 0.5% | +0.19% |
| 2005 | 0.5% | +0.39% |
| 2004 | 0.5% | +1.18% |
| 2003 | 0.5% | +1.39% |
| 2002 | 0.5% | +1.00% |
| 2001 | 0.5% | +0.61% |
| 2000 | 0.5% | -0.80% |
| 1999 | 0.5% | +0.00% |
| 1998 | 0.5% | -3.11% |
| 1997 | 0.5% | +0.98% |
| 1996 | 0.5% | +2.00% |
| 1995 | 0.5% | +1.01% |
| 1994 | 0.5% | +1.43% |
| 1993 | 0.5% | +0.21% |
| 1992 | 0.5% | -9.81% |
| 1991 | 0.5% | -2.53% |
| 1990 | 0.6% | -1.07% |
| 1989 | 0.6% | +2.56% |
| 1988 | 0.5% | +2.25% |
| 1987 | 0.5% | +0.38% |
| 1986 | 0.5% | +0.19% |
| 1985 | 0.5% | -10.61% |
| 1984 | 0.6% | -11.21% |
| 1983 | 0.7% | -0.74% |
| 1982 | 0.7% | +3.22% |
| 1981 | 0.7% | +1.08% |
| 1980 | 0.6% | — |
Related Data
Other Metrics
For Philippines
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Demographics
People & population data