Philippines Fiscal Year Gross Domestic Product, Current Prices Statistics

15, Dec 2019, EST.

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Country or Region: Philippines › Change country
Economic Indicator: Fiscal Year Gross Domestic Product, Current Prices › See all Philippines indicators, › See Fiscal Year Gross Domestic Product, Current Prices data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Philippines Peso
Currency Symbol: PHP

Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance or Treasury. Department of Finance Latest actual data: 2015. 2014 data accommodates actual figures for national government revenue and expenditure, but reflects projections for local governments and social security institutions. Fiscal assumptions: Fiscal projections assume that the authorities? fiscal deficit target will be achieved in 2016 and beyond. Revenue projections reflect the IMF staff?s macroeconomic assumptions and incorporate anticipated improvements in tax administration. Expenditure projections are based on budgeted figures, institutional arrangements, current data, and fiscal space in each year. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash. Classific

Fiscal Year Gross Domestic Product, Current Prices Statistics for Philippines , Year 2015 - In Detail

Fiscal Year Gross Domestic Product, Current Prices for Philippines is PHP 13,285.24 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

In the previous year, 2014, Fiscal Year Gross Domestic Product, Current Prices for Philippines was PHP 12,642.74 Billions Fiscal Year Gross Domestic Product, Current Prices for Philippines in 2015 was or will be 5.08% more than it was or will be in 2014.

In the following or forecasted year, 2016, Fiscal Year Gross Domestic Product, Current Prices for Philippines was or will be PHP 14,367.43 Billions, which is 8.15% more than the 2015 figure.

* Source: IMF
Fiscal Year Gross Domestic Product, Current Prices for Philippines, in other Years
Year Billions
  2021 23,223.11
  2020 21,068.04
  2019 19,121.65
  2018 17,357.30
  2017 15,780.56
  2016 14,367.43
2015 13,285.24
  2014 12,642.74
  2013 11,542.29
  2012 10,561.09
  2011 9,708.33
  2010 9,003.48
  2009 8,026.14
  2008 7,720.91
  2007 6,892.72
  2006 6,271.16
  2005 5,677.75
  2004 5,120.44
  2003 4,548.10
  2002 4,198.35
  2001 3,888.80
  2000 3,580.71
  1999 3,244.20
  1998 2,952.76
  1997 2,688.72
  1996 2,406.39
  1995 2,111.70
  1994 1,875.69
  1993 1,633.63
  1992 1,497.46
  1991 1,382.74
  1990 1,193.53
  1989 1,027.95
  1988 887.704
  1987 758.391
  1986 676.331
  1985 635.228
  1984 582.576
  1983 409.958
  1982 352.309
  1981 312.787
  1980 270.748