Industry Sector Contribution to GDP in Philippines (1990-2022)

The Philippines’ industry sector contribution to GDP declined from 38.2% in 1990 to 30.3% 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 31.5% in 2009. In 2020, the pandemic reduced contributions to 28.4%, but recent years show a slow recovery, reaching 29.2% by 2022, partly due to investments in manufacturing and infrastructure aimed at boosting resilience in industrial production amid service-sector growth.