Growth rate of real gdp per employed person in Philippines
Philippines: Growth rate of real gdp per employed person was 4.38 in 2024. ◆ Volatile
Growth rate of real gdp per employed person in Philippines, 2000–2024
Source: Our World in Data.
Analysis
In 2024, growth rate of real gdp per employed person in Philippines stood at 4.38.
That represents a change of up 31.9% on the previous year and up 51.6% over ten years.
Over the whole period, growth rate of real gdp per employed person in Philippines peaked at 8.8 in 2017 and was at its lowest, -3.61, in 2022.
That places Philippines 15th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Growth rate of real gdp per employed person in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.28 | — |
| 2001 | 0.1 | -92.2% |
| 2002 | 1.01 | +910.0% |
| 2003 | 2.4 | +137.6% |
| 2004 | 3.24 | +35.0% |
| 2005 | 2.51 | -22.5% |
| 2006 | 3.57 | +42.2% |
| 2007 | 3.75 | +5.0% |
| 2008 | 2.65 | -29.3% |
| 2009 | -1.28 | -148.3% |
| 2010 | 4.27 | -433.6% |
| 2011 | -0.05 | -101.2% |
| 2012 | 4.96 | -10020.0% |
| 2013 | 4.6 | -7.3% |
| 2014 | 2.89 | -37.2% |
| 2015 | 4.7 | +62.6% |
| 2016 | 4.04 | -14.0% |
| 2017 | 8.8 | +117.8% |
| 2018 | 4.24 | -51.8% |
| 2019 | 3.14 | -25.9% |
| 2020 | -3.42 | -208.9% |
| 2021 | 1.5 | -143.9% |
| 2022 | -3.61 | -340.7% |
| 2023 | 3.32 | -192.0% |
| 2024 | 4.38 | +31.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.92 | -1.28 | 3.75 | 10 |
| 2010s | 4.16 | -0.05 | 8.8 | 10 |
| 2020s | 0.434 | -3.61 | 4.38 | 5 |
Countries ranked near Philippines
More work & labour data for Philippines
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.6532 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5998 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7053 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.7536 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.65 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 93,465 1000 No (2050)
- Population - Est. & Proj. — Rural population 57,828 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 57,691 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 56,530 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 114,222 1000 No (2100)
Frequently asked questions
- What is growth rate of real gdp per employed person in Philippines?
- Growth rate of real gdp per employed person in Philippines was 4.38 in 2024, according to Our World in Data.
- What is the highest growth rate of real gdp per employed person recorded in Philippines?
- The highest recorded value was 8.8 in 2017.
- What is the lowest growth rate of real gdp per employed person recorded in Philippines?
- The lowest recorded value was -3.61 in 2022.
- How does Philippines rank for growth rate of real gdp per employed person?
- Philippines ranks 15th out of 186 countries with data for 2024.
- Is growth rate of real gdp per employed person rising or falling in Philippines?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Our World in Data, published as part of Growth rate of real gdp per employed person. Statizoid updates them automatically from the source API.
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