π΅π Philippines
PH / PHL #72
Nomad Score
61.0
Cities
39
π KEY INDICATORS
GDP per capita (PPP) (2030)
$17,900
GDP (2030)
$746.5B
GDP Growth (2030)
6.0%
β
Inflation (2030)
3.2%
β
Unemployment (2030)
3.7%
β
Population (2030)
120.6M
Pop. Growth (2030)
1.1%
β
Gini Index (2023)
39.3
Govt Debt (2030)
55.7% of GDP
Current Account (2030)
-2.8% of GDP
FDI Inflows (2024)
$9.4B
Life Expectancy (2023)
69.8 yrs
Health Spending (2023)
5.1% of GDP
Internet Users (2023)
83.8%
Mobile Subs (2023)
117.3/100
Trade Openness (2024)
65.9% of GDP
Exchange Rate (2024)
57.29/USD
Foreign Reserves (2024)
$106.2B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2030)
55.7% of GDP
Current Account (2030)
-2.8% of GDP
FDI Inflows (2024)
$9.4B
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2023)
0.35
Assessment
Moderate inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2022)
0.34/1k
Tax Revenue (2023)
14.1% of GDP
Services Sector (2024)
63.2% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
28.4
Bank Branches per 100k (2021)
9.0
ICT Service Exports (2024)
15.7%
Goods & Services Tax (2023)
4.2%
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $746.5B | $17,900 | 6.0% | 3.2% | 3.7% | 120.6M | - | 55.7% | -2.8% | - | - | - | - | - |
| 2029 * | $685.7B | $16,617 | 6.0% | 3.3% | 3.7% | 119.3M | - | 56.8% | -2.8% | - | - | - | - | - |
| 2028 * | $629.6B | $15,420 | 6.0% | 3.0% | 3.8% | 118.1M | - | 58.0% | -3.1% | - | - | - | - | - |
| 2027 * | $579.4B | $14,341 | 6.0% | 2.8% | 3.8% | 116.8M | - | 58.7% | -3.2% | - | - | - | - | - |
| 2026 * | $533.9B | $13,356 | 5.7% | 2.6% | 3.9% | 115.6M | - | 58.8% | -3.5% | - | - | - | - | - |
| 2025 | $494.2B | $12,493 | 5.4% | 1.6% | 3.9% | 114.4M | - | 58.2% | -3.8% | - | - | - | - | - |
| 2024 | $461.6B | $11,794 | 5.7% | 3.2% | 3.8% | 113.2M | - | 56.6% | -4.0% | $9.4B | - | - | - | 57.29 |
| 2023 | $437.1B | $10,986 | 5.5% | 6.0% | 4.4% | 111.9M | 39.3 | 56.5% | -2.8% | $8.9B | 69.8 | 5.1% | 83.8% | 55.63 |
| 2022 | $404.4B | $10,131 | 7.6% | 5.8% | 5.4% | 110.9M | - | 57.4% | -4.5% | $9.5B | 69.5 | 5.2% | 75.2% | 54.48 |
| 2021 | $394.1B | $8,858 | 5.7% | 3.9% | 7.8% | 110.1M | 40.7 | 57.0% | -1.5% | $12.0B | 66.7 | 6.0% | 66.9% | 49.25 |
| 2020 | $361.8B | $8,238 | -9.5% | 2.4% | 10.4% | 109.2M | - | 51.6% | 3.2% | $6.8B | 70.1 | 5.2% | 53.8% | 49.62 |
| 2019 | $376.8B | $8,924 | 6.1% | 2.4% | 5.1% | 107.3M | - | 37.0% | -0.8% | $8.7B | 69.7 | 4.2% | 43.0% | 51.80 |
| 2018 | $346.8B | $8,358 | 6.3% | 5.3% | 5.3% | 105.8M | 42.3 | 37.1% | -2.6% | $9.9B | 69.8 | 4.0% | 44.1% | 52.66 |
| 2017 | $328.5B | $7,774 | 6.9% | 2.9% | 5.7% | 104.2M | - | 38.1% | -0.7% | $10.3B | 70.0 | 4.0% | 41.6% | 50.40 |
| 2016 | $318.6B | $7,383 | 7.1% | 1.2% | 5.5% | 102.5M | - | 37.4% | -0.4% | $8.3B | 69.5 | 4.0% | 39.2% | 47.49 |
| 2015 | $306.4B | $6,894 | 6.3% | 0.7% | 6.3% | 100.8M | 44.6 | 39.7% | 2.4% | $5.6B | 69.5 | 3.9% | 36.9% | 45.50 |
| 2014 | $297.5B | $6,689 | 6.3% | 3.6% | 6.8% | 99.3M | - | 40.3% | 3.6% | $5.7B | 69.3 | 3.7% | 34.7% | 44.40 |
| 2013 | $283.9B | $6,373 | 6.8% | 2.6% | 7.1% | 97.8M | - | 43.9% | 4.0% | $3.7B | 69.3 | 4.3% | 32.7% | 42.45 |
| 2012 | $261.9B | $6,094 | 6.9% | 3.2% | 7.0% | 96.3M | 46.5 | 45.7% | 2.7% | $3.2B | 69.2 | 4.2% | 30.8% | 42.23 |
| 2011 | $234.2B | $5,705 | 3.9% | 4.7% | 7.0% | 94.7M | - | 45.4% | 2.4% | $2.0B | 69.1 | 4.0% | 29.0% | 43.31 |
| 2010 | $208.4B | $5,489 | 7.3% | 3.7% | 7.3% | 93.1M | - | 47.6% | 3.4% | $1.1B | 68.9 | 4.1% | 25.0% | 45.11 |
| 2009 | $176.1B | $5,157 | 1.4% | 4.2% | 7.5% | 91.6M | 46.3 | 49.8% | 4.8% | $2.1B | 68.6 | 4.2% | 9.0% | 47.68 |
| 2008 | $181.0B | $5,144 | 4.3% | 8.2% | 7.4% | 90.0M | - | 50.0% | 0.1% | $1.3B | 68.6 | 3.9% | 6.2% | 44.32 |
| 2007 | $156.0B | $4,923 | 6.5% | 2.9% | 7.3% | 88.4M | - | 50.2% | 5.2% | $2.9B | 68.6 | 3.8% | 6.0% | 46.15 |
| 2006 | $127.7B | $4,579 | 5.3% | 5.4% | 8.0% | 86.8M | 47.2 | 57.2% | 5.5% | $2.7B | 68.2 | 3.8% | 5.7% | 51.31 |
| 2005 | $107.4B | $4,289 | 4.9% | 6.6% | 11.4% | 85.2M | - | 64.7% | 1.9% | $1.7B | 68.4 | 3.7% | 5.4% | 55.09 |
π§ CONTINUE EXPLORING PHILIPPINES