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Philippines produces $13,639 per person (PPP) in 2026, a middle income level. The economy is worth about $512 billion in total. Over the preceding five years it has grown at about 5.5% a year. Inflation is 4.3% and unemployment 4.7%. Government debt is 60% of GDP. Its current account is in deficit, at 4.3% of GDP.
GDP per capita (PPP)
$13,639
GDP growth
+4.1%
Inflation rate
4.3%
Unemployment
4.7%
Philippines is a middle-income economy with GDP per capita (PPP) of $14k. The economy has been growing rapidly, averaging 5.5% annually.