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Services Share of GDP / Philippines
Growth & Output

Philippines Services Share of GDP

Current and historical services share of gdp data for Philippines, including latest value (63.22), trend, international ranking, comparison and source notes.
COUNTRY: Philippines
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T18:49:08+02:00
Economy Data Rating
Philippines · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
68 / 100
Stable economy
Fiscal stability 16.4 / 25
Macroeconomic stability 19.1 / 20
External stability 10.7 / 15
Financial robustness 6.3 / 15
Structural stability 2.1 / 10
Future capacity 5.7 / 10
Demographic capacity 4.3 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 93% of weighted inputs available.
Time range: 1960–2024 1960– 2024
1960 2024
Selected year: 2024 · Value: n/a 2024

Philippines · services value added as a percentage of gdp.

1960–2024
63.22 percent of GDP
62.4 percent of GDP
60.77 percent of GDP
28 selected year
max 8 6 4 2 0
1960 1973 1986 1999 2012 2024
services share of gdp rate reference line

Countries by services share of gdp

full ranking
Country Rate Class
Hong Kong 91.75 high
Luxembourg 81.18 high
United States 77.6 high
Singapore 73.03 high
Israel 72.54 high
United Kingdom 72.45 medium
Switzerland 72.03 medium
Belgium 70.99 medium

Interpretation

short note

This output indicator helps assess economic size, growth and structural development.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Japan 69.77
China 56.75
India 49.87
United States 77.6
Germany 64.05

Related indicators

internal links
GDP Growth NY.GDP.MKTP.KD.ZG
Industry Share of GDP NV.IND.TOTL.ZS
Agriculture Share of GDP NV.AGR.TOTL.ZS
Employment Rate SL.EMP.TOTL.SP.ZS
Trade Openness NE.TRD.GNFS.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: NV.SRV.TOTL.ZS

Cache: partial · Updated: 2026-06-05T18:49:08+02:00

Philippines Snapshot

country profile
Population 115.84 m
GDP 461.62 bn
Debt/GDP 43.43%
Inflation 3.21%
Unemployment 2.24%
Currency n/a
Region Asia
Income group Lower middle income

Philippines Services Share of GDP: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Services Share of GDP for Philippines. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: philippines services share of gdp rate, services share of gdp data philippines, philippines services share of gdp statistics, philippines percent of gdp.