COUNTRY / INDICATOR
Philippines Services Share of GDP
Philippines services share of gdp: latest available value for 2025, historical series from 2016, ranking context and source documentation.
Series overview
NV.SRV.TOTL.ZS| Year | Value | Change |
|---|---|---|
| 2025 | 64,42 | 1,19 |
| 2024 | 63,23 | 0,83 |
| 2023 | 62,40 | 1,18 |
| 2022 | 61,23 | 0,19 |
| 2021 | 61,04 | -0,37 |
| 2020 | 61,41 | 0,56 |
| 2019 | 60,85 | 1,07 |
| 2018 | 59,79 | 0,10 |
| 2017 | 59,69 | 0,18 |
| 2016 | 59,51 | — |
Source methodology
World Development IndicatorsIndicator note: Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source organization: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB)
Metadata fetched: 2026-08-01 02:18:49. Open original metadata response.
Country-specific interpretation
Automatically derived from the displayed seriesPhilippines recorded 64,42 percent of GDP in 2025, the latest year available in this series.
Compared with 2024, the services share of gdp increased by 1,19.
Across the latest five-year comparison window, the series shows an upward direction.
Across 10 observations from 2016 to 2025, the average was 61,36; the minimum was 59,51 in 2016 and the maximum was 64,42 in 2025.
Philippines ranks 61 out of 203 countries with a current value in the portal ranking.
The latest value is above the available average for East Asia & Pacific.
It is also above the available average for the Upper middle income group.
Service-sector importance in the economy.