Philippines 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$404.35 billion
↑ 2.61% vs 2021GDP per Capita
$3,548.07
↑ 1.83% vs 2021GDP Growth (Annual %)
7.58%
↑ 1.87pp vs 2021Inflation Rate (CPI %)
5.82%
↑ 1.89pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $394.09 billion | $404.35 billion | +2.61% |
| GDP per Capita | $3,484.39 | $3,548.07 | +1.83% |
| GDP Growth (Annual %) | 5.71% | 7.58% | +1.87pp |
| Inflation (CPI %) | 3.93% | 5.82% | +1.89pp |
| Unemployment Rate (%) | 3.40% | 2.60% | -0.80pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $404.35 billion
- GDP per Capita
- $3,548.07
- GDP Growth (Annual %)
- 7.58%
- Gross National Income
- $428.11 billion
Prices & Employment
- Inflation (CPI %)
- 5.82%
- Inflation (GDP Deflator %)
- 5.49%
- Unemployment Rate (%)
- 2.60%
- Interest Rate (Real %)
- N/A
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)
- -4.52%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Philippines's Gross Domestic Product (GDP) is $404.35 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Philippines for 2022 is $3,548.07. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Philippines for 2022 is 5.82%. This measures the annual percentage change in the cost of consumer goods and services.
Philippines's annual GDP growth rate for 2022 is 7.58%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Philippines for 2022 is 2.60%. This represents the percentage of the labor force that is unemployed and actively seeking employment.