Philippines - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Philippines was $63,882,600,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $69,774,310,000 in 2019 and $19,976,180,000 in 2001.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $21,151,330,000
2001 $19,976,180,000
2002 $21,190,980,000
2003 $21,617,800,000
2004 $22,811,890,000
2005 $26,070,720,000
2006 $30,418,640,000
2007 $36,110,880,000
2008 $42,261,620,000
2009 $38,254,470,000
2010 $45,672,760,000
2011 $50,835,210,000
2012 $55,863,900,000
2013 $58,014,100,000
2014 $61,207,430,000
2015 $61,068,660,000
2016 $62,419,950,000
2017 $64,054,430,000
2018 $66,240,760,000
2019 $69,774,310,000
2020 $63,882,600,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Philippines was 3,170,120,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 3,614,020,000,000 in 2019 and a minimum value of 934,726,000,000 in 2000.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 934,726,000,000
2001 1,018,640,000,000
2002 1,093,530,000,000
2003 1,171,760,000,000
2004 1,278,380,000,000
2005 1,436,120,000,000
2006 1,560,910,000,000
2007 1,666,460,000,000
2008 1,873,170,000,000
2009 1,823,960,000,000
2010 2,060,280,000,000
2011 2,201,830,000,000
2012 2,359,070,000,000
2013 2,462,480,000,000
2014 2,717,320,000,000
2015 2,778,790,000,000
2016 2,964,480,000,000
2017 3,228,580,000,000
2018 3,488,330,000,000
2019 3,614,020,000,000
2020 3,170,120,000,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Philippines was 69,405,020,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 76,922,230,000 in 2019 and 33,416,350,000 in 2000.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 33,416,350,000
2001 34,316,190,000
2002 35,607,270,000
2003 37,057,420,000
2004 38,584,380,000
2005 41,069,970,000
2006 42,235,490,000
2007 43,454,200,000
2008 45,706,030,000
2009 43,738,570,000
2010 47,050,210,000
2011 48,807,420,000
2012 51,578,560,000
2013 53,939,920,000
2014 58,063,860,000
2015 61,068,660,000
2016 65,246,900,000
2017 70,488,470,000
2018 74,115,040,000
2019 76,922,230,000
2020 69,405,020,000

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Philippines was -9.77 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 8.03 in 2017 and a minimum value of -9.77 in 2020.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 2.69
2002 3.76
2003 4.07
2004 4.12
2005 6.44
2006 2.84
2007 2.89
2008 5.18
2009 -4.30
2010 7.57
2011 3.73
2012 5.68
2013 4.58
2014 7.65
2015 5.17
2016 6.84
2017 8.03
2018 5.14
2019 3.79
2020 -9.77

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Philippines was 3,266,650,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 3,620,460,000,000 in 2019 and a minimum value of 1,572,790,000,000 in 2000.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 1,572,790,000,000
2001 1,615,140,000,000
2002 1,675,910,000,000
2003 1,744,160,000,000
2004 1,816,030,000,000
2005 1,933,020,000,000
2006 1,987,870,000,000
2007 2,045,230,000,000
2008 2,151,220,000,000
2009 2,058,620,000,000
2010 2,214,490,000,000
2011 2,297,190,000,000
2012 2,427,620,000,000
2013 2,538,760,000,000
2014 2,732,860,000,000
2015 2,874,280,000,000
2016 3,070,940,000,000
2017 3,317,640,000,000
2018 3,488,330,000,000
2019 3,620,460,000,000
2020 3,266,650,000,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Philippines was 17.67 as of 2020. Its highest value over the past 20 years was 25.31 in 2001, while its lowest value was 17.67 in 2020.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 25.28
2001 25.31
2002 25.14
2003 24.84
2004 24.01
2005 24.27
2006 23.83
2007 23.15
2008 23.27
2009 21.74
2010 21.92
2011 21.70
2012 21.33
2013 20.43
2014 20.58
2015 19.93
2016 19.59
2017 19.50
2018 19.10
2019 18.52
2020 17.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts