Services value added — all countries

Services value added — Philippines

Services value added in the Philippines in 2025 — 313,773,695,340 US$. Ranked 26 in the world out of 158. Since 1960, the indicator has risen by 9,915.9%.

2025 314B US$ +7.49% vs 2024
World rank 26of 158
Period maximum 314B US$2025
Period minimum 2.05B US$1962

Trend over time

1960–2025 · US$

Services value added — Philippines, 1960–20250100B200B300B400B19601967197419811988199520022009201620231960: 3,132,744,902 US$1962: 2,047,699,118 US$1964: 2,462,376,357 US$1966: 2,981,080,958 US$1968: 3,441,144,795 US$1970: 2,888,689,889 US$1972: 3,317,754,275 US$1974: 5,314,510,265 US$1976: 6,598,119,731 US$1978: 8,834,476,825 US$1980: 12,993,919,593 US$1982: 15,563,978,396 US$1984: 13,038,114,091 US$1986: 13,821,124,350 US$1988: 17,685,050,911 US$1990: 21,552,662,232 US$1992: 26,848,594,986 US$1994: 32,611,690,133 US$1996: 43,843,193,564 US$1998: 37,521,950,490 US$2000: 42,741,556,766 US$2002: 43,644,354,395 US$2004: 49,778,102,871 US$2006: 67,880,931,471 US$2008: 95,750,027,148 US$2010: 112,334,960,238 US$2012: 145,378,209,518 US$2014: 168,616,278,887 US$2016: 189,611,607,172 US$2018: 207,363,310,725 US$2020: 222,168,638,955 US$2022: 247,573,405,336 US$2024: 291,904,449,754 US$2025: 313,773,695,340 US$
Change over the period: +311B (+9,915.94%) Average annual rate: 7.34 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Philippines

Philippines 314B US$
World computed 46.11T US$
East Asia & Pacific 20.13T US$
South-Eastern Asia computed 2.27T US$
Lower-middle-income countries computed 4.42T US$
Services value added — Philippines, by year Philippines All countries CSV XLSX
Year US$ Change Change, %
2025 314B +21.87B +7.49%
2024 292B +19.17B +7.03%
2023 273B +25.16B +10.16%
2022 248B +7.02B +2.92%
2021 241B +18.39B +8.28%
2020 222B −7.14B −3.11%
2019 229B +21.94B +10.58%
2018 207B +11.29B +5.76%
2017 196B +6.46B +3.41%
2016 190B +10.27B +5.73%
2015 179B +10.72B +6.36%
2014 169B +7.5B +4.65%
2013 161B +15.74B +10.83%
2012 145B +17.58B +13.75%
2011 128B +15.47B +13.77%
2010 112B +17.42B +18.35%
2009 94.92B −834M −0.87%
2008 95.75B +12.47B +14.97%
2007 83.28B +15.4B +22.69%
2006 67.88B +11.3B +19.98%
2005 56.58B +6.8B +13.66%
2004 49.78B +4.25B +9.33%
2003 45.53B +1.88B +4.32%
2002 43.64B +2.76B +6.76%
2001 40.88B −1.86B −4.35%
2000 42.74B −1.15B −2.63%
1999 43.89B +6.37B +16.98%
1998 37.52B −7.55B −16.74%
1997 45.07B +1.22B +2.79%
1996 43.84B +5.41B +14.06%
1995 38.44B +5.83B +17.86%
1994 32.61B +4.82B +17.36%
1993 27.79B +940M +3.5%
1992 26.85B +4.06B +17.83%
1991 22.79B +1.23B +5.72%
1990 21.55B +1.42B +7.06%
1989 20.13B +2.45B +13.84%
1988 17.69B +2.28B +14.83%
1987 15.4B +1.58B +11.43%
1986 13.82B −12.62M −0.09%
1985 13.83B +796M +6.1%
1984 13.04B −1.08B −7.62%
1983 14.11B −1.45B −9.31%
1982 15.56B +1.36B +9.55%
1981 14.21B +1.21B +9.33%
1980 12.99B +2.25B +20.95%
1979 10.74B +1.91B +21.61%
1978 8.83B +1.29B +17.08%
1977 7.55B +947M +14.36%
1976 6.6B +825M +14.29%
1975 5.77B +458M +8.63%
1974 5.31B +1.33B +33.39%
1973 3.98B +666M +20.09%
1972 3.32B +221M +7.15%
1971 3.1B +208M +7.19%
1970 2.89B −901M −23.77%
1969 3.79B +348M +10.12%
1968 3.44B +300M +9.54%
1967 3.14B +160M +5.38%
1966 2.98B +290M +10.79%
1965 2.69B +228M +9.27%
1964 2.46B +255M +11.56%
1963 2.21B +160M +7.79%
1962 2.05B −1.32B −39.13%
1961 3.36B +231M +7.38%
1960 3.13B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.