The Philippines’ industry sector contribution to GDP declined from in 1990 to in 2019, as the economy leaned more towards services, particularly outsourcing. The 1990s saw gradual declines as the Philippines positioned itself as a global leader in BPO services. The global financial crisis further impacted the sector, with contributions dropping to in 2009. In 2020, the pandemic reduced contributions to , but recent years show a slow recovery, reaching by 2022, partly due to investments in manufacturing and infrastructure aimed at boosting resilience in industrial production amid service-sector growth.
Explore related charts to gain a better understanding of Philippines’ birth longevity, Philippines’ annual GDP growth rate, Philippines’ agriculture share in GDP.
