Manufacturing, Added Value (As % of GDP) fell 3.41% to 15.7% in Philippines in 2024

Manufacturing, Added Value (As % of GDP) (%), 2024
Economy | Philippines | September 1, 2025
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Excel Sheet

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%