ph Philippines 2017

Detailed economic analysis and indicators for 2017

Year 2017

Key Economic Indicators (2017)

GDP (Current USD)

$328.48 billion

↑ 3.09% vs 2016
GDP per Capita

$3,038.12

↑ 1.77% vs 2016
GDP Growth (Annual %)

6.93%

↓ 0.22pp vs 2016
Inflation Rate (CPI %)

2.85%

↑ 1.60pp vs 2016

Year-over-Year Comparison

Indicator 2016 2017 Change
GDP (Current USD) $318.63 billion $328.48 billion +3.09%
GDP per Capita $2,985.20 $3,038.12 +1.77%
GDP Growth (Annual %) 7.15% 6.93% -0.22pp
Inflation (CPI %) 1.25% 2.85% +1.60pp
Unemployment Rate (%) 2.70% 2.55% -0.14pp

All Economic Indicators (2017)

National Accounts
GDP (Current USD)
$328.48 billion
GDP per Capita
$3,038.12
GDP Growth (Annual %)
6.93%
Gross National Income
$364.72 billion
Prices & Employment
Inflation (CPI %)
2.85%
Inflation (GDP Deflator %)
2.32%
Unemployment Rate (%)
2.55%
Interest Rate (Real %)
3.23%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-0.65%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2017, Philippines's Gross Domestic Product (GDP) is $328.48 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Philippines for 2017 is $3,038.12. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Philippines for 2017 is 2.85%. This measures the annual percentage change in the cost of consumer goods and services.

Philippines's annual GDP growth rate for 2017 is 6.93%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Philippines for 2017 is 2.55%. This represents the percentage of the labor force that is unemployed and actively seeking employment.