Africa Corporate Wellness Market, by End User, 2018-2027
Philippines Manufacturing, value added (% of GDP)
What is Philippines' manufacturing, value added (% of gdp)? As of 2023, it's 16.2%, down from 20.6% in 2014.
| Label | Manufacturing, value added (% of GDP) |
|---|---|
| 2014 | 20.5751% |
| 2015 | 19.928% |
| 2016 | 19.5903% |
| 2017 | 19.5002% |
| 2018 | 19.0982% |
| 2019 | 18.5165% |
| 2020 | 17.6582% |
| 2021 | 17.6401% |
| 2022 | 17.2294% |
| 2023 | 16.2303% |
Data Source: World Bank and Wantstats Repository
Philippines Manufacturing, value added (% of GDP): Key Points
- Take Philippines' manufacturing, value added at face value first: 16.23 % as of 2023, versus 20.58 % when the series starts in 2014, a 21% fall.
- 2015: falls to 19.93 % (-3%).
- 2016-2017: holds around 19.50 %.
- 2018-2020: keeps falling, down to 17.66 % (-9%).
- 2022-2023: drifts lower, 16.23 % (-8%).
- 2023: Finishes at 16.23 %, down 21.1% from where it started in 2014.
Making Sense Of The Steady Decline
No reversal across 10 straight years is the signal itself. Numbers that move this cleanly are usually tracking something structural — a policy, a build-out, a demographic shift — not short-term noise.
This chart is a starting point, not a conclusion. Philippines's manufacturing, value added numbers here are worth cross-checking against at least one other source or comparator before they inform any real decision.
Philippines's number here, like most in this category, is built from a mix of direct measurement and statistical modeling — reliable for tracking direction, less reliable for pinning down an exact year-to-year figure.
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