Industrial Production, constant US$ in Philippines

Philippines: Industrial Production, constant US$ was 131.45 billion in 2025. ▲ Rising

Latest (2025)
131.45 billion
Change on year
down 0.4%
World rank
28th
of 89 countries
All-time high
131.94 billion
in 2024
All-time low
65.09 billion
in 2009
Years of data
33
1993–2025

Industrial Production, constant US$ in Philippines, 1993–2025

050.0B100.0B150.0B1993200920251993: 70.6B1994: 76.8B1995: 87.0B1996: 90.5B1997: 95.2B1998: 84.2B1999: 85.1B2000: 87.1B2001: 84.8B2002: 85.2B2003: 84.0B2004: 81.9B2005: 82.7B2006: 77.2B2007: 73.7B2008: 73.9B2009: 65.1B2010: 80.2B2011: 81.1B2012: 87.3B2013: 90.1B2014: 106.7B2015: 97.1B2016: 109.7B2017: 122.2B2018: 131.1B2019: 119.5B2020: 71.1B2021: 108.5B2022: 125.0B2023: 131.1B2024: 131.9B2025: 131.4B

Source: World Bank staff calculations based on Datastream data.

Analysis

Philippines recorded 131.45 billion for industrial production, constant us$ in 2025.

Compared with earlier readings it is down 0.4% on the previous year and up 35.3% over ten years.

Over the whole period, industrial production, constant us$ in Philippines peaked at 131.94 billion in 2024 and was at its lowest, 65.09 billion, in 2009.

Philippines ranks 28th of 89 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 33 years of available data.

Industrial Production, constant US$ in Philippines, year by year

Annual values for Industrial Production, constant US$ in Philippines, 1993 to 2025.
Year Value Change
1993 70.55 billion —
1994 76.82 billion +8.9%
1995 87.03 billion +13.3%
1996 90.49 billion +4.0%
1997 95.19 billion +5.2%
1998 84.16 billion -11.6%
1999 85.08 billion +1.1%
2000 87.14 billion +2.4%
2001 84.81 billion -2.7%
2002 85.19 billion +0.5%
2003 84.05 billion -1.3%
2004 81.93 billion -2.5%
2005 82.75 billion +1.0%
2006 77.21 billion -6.7%
2007 73.69 billion -4.6%
2008 73.88 billion +0.3%
2009 65.09 billion -11.9%
2010 80.16 billion +23.1%
2011 81.07 billion +1.1%
2012 87.30 billion +7.7%
2013 90.12 billion +3.2%
2014 106.70 billion +18.4%
2015 97.12 billion -9.0%
2016 109.72 billion +13.0%
2017 122.15 billion +11.3%
2018 131.12 billion +7.3%
2019 119.52 billion -8.8%
2020 71.11 billion -40.5%
2021 108.52 billion +52.6%
2022 124.96 billion +15.2%
2023 131.07 billion +4.9%
2024 131.94 billion +0.7%
2025 131.45 billion -0.4%

Philippines compared with similar countries

  • Philippines's 131.45 billion is above the median for upper middle income countries, which is 41.86 billion, 3.1× the median. (30 countries reporting)
  • Philippines's 131.45 billion is below the median for East Asia & Pacific, which is 146.36 billion, 90% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 84.19 billion 70.55 billion 95.19 billion 7
2000s 79.57 billion 65.09 billion 87.14 billion 10
2010s 102.50 billion 80.16 billion 131.12 billion 10
2020s 116.51 billion 71.11 billion 131.94 billion 6

Countries ranked near Philippines

  1. 25 Belgium 148.29 billion compare
  2. 26 Thailand 146.36 billion compare
  3. 27 Norway 141.56 billion compare
  4. 29 Singapore 126.11 billion compare
  5. 30 South Africa 122.56 billion compare
  6. 31 Denmark 116.62 billion compare

See the full ranking of 99 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is industrial production, constant us$ in Philippines?
Industrial production, constant us$ in Philippines was 131.45 billion in 2025, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Philippines?
The highest recorded value was 131.94 billion in 2024.
What is the lowest industrial production, constant us$ recorded in Philippines?
The lowest recorded value was 65.09 billion in 2009.
How does Philippines rank for industrial production, constant us$?
Philippines ranks 28th out of 89 countries with data for 2025.
Is industrial production, constant us$ rising or falling in Philippines?
Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.

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Industrial Production, constant US$ in Philippines. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/industrial-production-constant-us/philippines/

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About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,668 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.