Added value in manufacturing as a share of GDP fell 3.41% to 15.7% in Philippines in 2024, according to the National Statistical Office.
Historically, added value in manufacturing as a share of GDP in Philippines reached an all time high of 26.6% in 1973 and an all time low of 15.7% in 2024.
Philippines has been ranked 30th within the group of 123 countries we follow in terms of added value in manufacturing as a share of GDP, 18 places below the position seen 10 years ago.
Manufacturing, Added Value (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | % | 5.76% | 5.59% | 5.61% | 5.51% | 5.37% | ||||||||||||||||
Cambodia | % | 23.6% | 24.6% | 24.0% | 26.7% | 27.1% | ||||||||||||||||
China | % | 27.3% | 26.3% | 25.7% | 27.0% | 26.4% | ||||||||||||||||
Hong Kong | % | 0.972% | 1.03% | 0.954% | 0.913% | 0.947% | ... | |||||||||||||||
India | % | 14.9% | 13.5% | 14.1% | 14.4% | 13.1% | ||||||||||||||||
Indonesia | % | 19.9% | 19.7% | 19.9% | 19.2% | 18.3% | ||||||||||||||||
Japan | % | 20.6% | 20.2% | 20.1% | 20.8% | 19.8% | ... | |||||||||||||||
Laos | % | 7.45% | 7.64% | 7.68% | 8.70% | 8.81% | ||||||||||||||||
Malaysia | % | 21.5% | 21.4% | 22.2% | 23.4% | 23.3% | ||||||||||||||||
Philippines | % | 19.1% | 18.5% | 17.7% | 17.6% | 17.2% | ||||||||||||||||
Russia | % | 12.8% | 13.0% | 13.4% | 13.1% | 13.2% | ||||||||||||||||
Singapore | % | 20.7% | 19.4% | 19.7% | 20.6% | 19.7% | ||||||||||||||||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 26.7% | 25.6% | 25.6% | 27.2% | 27.0% | ||||||||||||||||
USA | % | 10.9% | 10.5% | 10.1% | 10.2% | 10.3% | ||||||||||||||||
Vietnam | % | 23.4% | 23.8% | 23.9% | 24.5% | 24.8% |