Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines

Philippines: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 1.61 million million SLC in 2024. ▲ Rising

Latest (2024)
1.61 million million SLC
Change on year
down 1.5%
World rank
37th
of 191 countries
All-time high
1.64 million million SLC
in 2023
All-time low
494,485 million SLC
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines, 1970–2024

500.0k750.0k1.0M1.2M1.5M1.8M197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Philippines recorded 1.61 million million SLC for value added (agriculture, forestry and fishing) — value standard in 2024.

Compared with earlier readings it is down 1.5% on the previous year and up 6.1% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Philippines peaked at 1.64 million million SLC in 2023 and was at its lowest, 494,485 million SLC, in 1970.

Philippines ranks 37th of 191 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, 2015 prices in Philippines, 1970 to 2024.
Year million SLC Change
1970 494,485 million SLC
1971 513,975 million SLC +3.9%
1972 541,973 million SLC +5.4%
1973 582,416 million SLC +7.5%
1974 559,976 million SLC -3.9%
1975 567,536 million SLC +1.4%
1976 625,919 million SLC +10.3%
1977 653,017 million SLC +4.3%
1978 676,362 million SLC +3.6%
1979 696,536 million SLC +3.0%
1980 723,731 million SLC +3.9%
1981 750,584 million SLC +3.7%
1982 753,684 million SLC +0.4%
1983 724,064 million SLC -3.9%
1984 720,541 million SLC -0.5%
1985 707,969 million SLC -1.7%
1986 733,835 million SLC +3.7%
1987 756,421 million SLC +3.1%
1988 778,741 million SLC +3.0%
1989 799,958 million SLC +2.7%
1990 801,501 million SLC +0.2%
1991 813,282 million SLC +1.5%
1992 816,143 million SLC +0.4%
1993 833,342 million SLC +2.1%
1994 853,973 million SLC +2.5%
1995 858,796 million SLC +0.6%
1996 890,149 million SLC +3.7%
1997 916,331 million SLC +2.9%
1998 852,445 million SLC -7.0%
1999 934,705 million SLC +9.6%
2000 966,339 million SLC +3.4%
2001 1.00 million million SLC +3.9%
2002 1.04 million million SLC +3.6%
2003 1.09 million million SLC +4.6%
2004 1.14 million million SLC +5.0%
2005 1.18 million million SLC +3.5%
2006 1.24 million million SLC +4.6%
2007 1.30 million million SLC +5.4%
2008 1.35 million million SLC +3.4%
2009 1.34 million million SLC -0.1%
2010 1.36 million million SLC +1.3%
2011 1.41 million million SLC +3.4%
2012 1.45 million million SLC +3.1%
2013 1.49 million million SLC +2.9%
2014 1.52 million million SLC +1.9%
2015 1.53 million million SLC +0.7%
2016 1.52 million million SLC -1.0%
2017 1.58 million million SLC +4.2%
2018 1.60 million million SLC +1.1%
2019 1.62 million million SLC +1.2%
2020 1.62 million million SLC -0.2%
2021 1.61 million million SLC -0.3%
2022 1.62 million million SLC +0.5%
2023 1.64 million million SLC +1.2%
2024 1.61 million million SLC -1.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 591,220 million SLC 494,485 million SLC 696,536 million SLC 10
1980s 744,953 million SLC 707,969 million SLC 799,958 million SLC 10
1990s 857,067 million SLC 801,501 million SLC 934,705 million SLC 10
2000s 1.16 million million SLC 966,339 million SLC 1.35 million million SLC 10
2010s 1.51 million million SLC 1.36 million million SLC 1.62 million million SLC 10
2020s 1.62 million million SLC 1.61 million million SLC 1.64 million million SLC 5

Countries ranked near Philippines

  1. 34 Angola 1.75 million million SLC compare
  2. 35 Kenya 1.67 million million SLC compare
  3. 36 Costa Rica 1.67 million million SLC compare
  4. 38 Thailand 1.36 million million SLC compare
  5. 39 Malawi 1.32 million million SLC compare
  6. 40 Hungary 1.21 million million SLC compare

See the full ranking of 207 places →

More environment data for Philippines

All data for Philippines →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Philippines?
Value added (agriculture, forestry and fishing) — value standard in Philippines was 1.61 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Philippines?
The highest recorded value was 1.64 million million SLC in 2023.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Philippines?
The lowest recorded value was 494,485 million SLC in 1970.
How does Philippines rank for value added (agriculture, forestry and fishing) — value standard?
Philippines ranks 37th out of 191 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Philippines?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency-2015-prices/philippines/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, 2015 prices
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
207 places, 10,719 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).