Philippines Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Philippines's services value added was 63.36% in 2025, ranked 65th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Philippines's services value added stood at 63.36% in 2025, a rise of +0.13% from 2024. Based on recent trends, this figure is projected to reach 63.36% by 2025. Philippines ranked 65th globally.
The Philippines has experienced a steady growth in services value added, with its all-time peak of 63.36% of GDP achieved in 2025. This rise is a significant improvement from the country's all-time trough of 33.86% in 1977, demonstrating substantial economic diversification. Comparatively, neighboring countries such as Bulgaria, with a matching all-time peak of 63.36%, and Denmark, with a slightly lower peak of 63.02%, showcase the Philippines' competitive standing globally. The Philippines' services sector has grown from 41.68% of GDP in 1960 to its current level, illustrating a long-term expansion. However, the country still ranks 65th globally in terms of services value added, indicating areas for improvement. To maintain this growth trajectory, the Philippines should focus on developing its human capital, investing in digital infrastructure, and promoting entrepreneurship, particularly in the services sector, to further increase its competitiveness and potentially surpass its peer countries.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 64.35% | - | - |
| 2026* trend | 63.85% | - | - |
| 2025* trend | 63.36% | - | - |
| 2025 | 63.36% | +0.13% | #65 |
| 2024 | 63.22% | +0.82% | #122 |
| 2023 | 62.40% | +1.18% | #133 |
| 2022 | 61.23% | +0.19% | #133 |
| 2021 | 61.04% | −0.37% | #131 |
| 2020 | 61.41% | +0.56% | #127 |
| 2019 | 60.85% | +1.07% | #126 |
| 2018 | 59.79% | +0.10% | #125 |
| 2017 | 59.69% | +0.18% | #121 |
| 2016 | 59.51% | +0.99% | #115 |
| 2015 | 58.52% | +1.84% | #113 |
| 2014 | 56.68% | −0.07% | #107 |
| 2013 | 56.75% | +1.25% | #107 |
| 2012 | 55.50% | +0.94% | #106 |
| 2011 | 54.57% | +0.65% | #101 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's services value added was 63.36% in 2025. Ranked 65th globally. This represents a 0.2% increase from the previous year.
Philippines's services value added peaked at 63.36% in 2025.
The lowest services value added in Philippines was 33.86% in 1977.
Philippines ranks 65th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Philippines's services value added is projected to reach 63.36% by 2025 based on trend extrapolation.
The services value added of Philippines in 2025 was 63.36%. This ranks 65th in the world.
Cite this page
@misc{historysaid_philippines_services-value-added,
title = {Philippines Services Value Added},
url = {https://historysaid.com/philippines/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}