Philippines Motor Vehicle Production
1999 - 2023 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers
Key information about Philippines Motor Vehicle Production
- Philippines Motor Vehicle Production was reported at 110,350.000 Unit in Dec 2023.
- This records an increase from the previous number of 92,223.000 Unit for Dec 2022.
- Philippines Motor Vehicle Production data is updated yearly, averaging 54,177.500 Unit from Dec 1999 to 2023, with 24 observations.
- The data reached an all-time high of 116,868.000 Unit in 2016 and a record low of 8,400.000 Unit in 2018.
- Philippines Motor Vehicle Production data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
- The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVP: Motor Vehicle Production: by Country.
View Philippines's Motor Vehicle Production from 1999 to 2023 in the chart:
What was Philippines's Motor Vehicle Production in 2023?
Philippines Motor Vehicle Production was reported at 110,350.000 Unit in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 110,350.000 2023 | 92,223.000 2022 | 8,400.000 2018 | 116,868.000 2016 | Unit | yearly | 1999 - 2023 |
Motor Vehicle Production by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Unit) | 2,456.000 2023 | yearly | 2014 - 2023 |
| Argentina (Unit) | 610,725.000 2023 | yearly | 1997 - 2023 |
| Australia (Unit) | 7,141.000 2023 | yearly | 1997 - 2023 |
| Austria (Unit) | 114,191.000 2023 | yearly | 1997 - 2023 |
| Azerbaijan (Unit) | 4,537.000 2023 | yearly | 2013 - 2023 |
| Bangladesh (Unit) | 580.000 2016 | yearly | 2014 - 2016 |
| Belarus (Unit) | 29,891.000 2021 | yearly | 1999 - 2021 |
| Belgium (Unit) | 332,103.000 2023 | yearly | 1997 - 2023 |
| Botswana (Unit) | 397.000 2006 | yearly | 1999 - 2006 |
| Brazil (Unit) | 2,324,838.000 2023 | yearly | 1997 - 2023 |
| Canada (Unit) | 1,553,026.000 2023 | yearly | 1997 - 2023 |
| Chile (Unit) | 4,700.000 2010 | yearly | 1999 - 2010 |
| China (Unit) | 30,160,966.000 2023 | yearly | 1997 - 2023 |
| Colombia (Unit) | 34,700.000 2023 | yearly | 1999 - 2023 |
| Czech Republic (Unit) | 1,404,501.000 2023 | yearly | 1997 - 2023 |
| Ecuador (Unit) | 2,700.000 2016 | yearly | 2000 - 2016 |
| Egypt (Unit) | 23,754.000 2020 | yearly | 1997 - 2020 |
| Finland (Unit) | 30,191.000 2023 | yearly | 1997 - 2023 |
| France (Unit) | 1,505,076.000 2023 | yearly | 1997 - 2023 |
| Germany (Unit) | 4,109,371.000 2023 | yearly | 1997 - 2023 |
| Hungary (Unit) | 507,225.000 2023 | yearly | 1997 - 2023 |
| India (Unit) | 5,851,507.000 2023 | yearly | 1997 - 2023 |
| Indonesia (Unit) | 1,395,717.000 2023 | yearly | 1997 - 2023 |
| Iran (Unit) | 1,188,471.000 2023 | yearly | 1999 - 2023 |
| Italy (Unit) | 880,085.000 2023 | yearly | 1997 - 2023 |
| Japan (Unit) | 8,997,440.000 2023 | yearly | 1997 - 2023 |
| Kazakhstan (Unit) | 146,989.000 2023 | yearly | 2013 - 2023 |
| Kenya (Unit) | 3,080.000 2013 | yearly | 1999 - 2013 |
| South Korea (Unit) | 4,243,597.000 2023 | yearly | 1997 - 2023 |
| Malaysia (Unit) | 774,600.000 2023 | yearly | 1997 - 2023 |
| Mexico (Unit) | 4,002,047.000 2023 | yearly | 1997 - 2023 |
| Morocco (Unit) | 535,825.000 2023 | yearly | 1999 - 2023 |
| Myanmar (Unit) | 1,475.000 2023 | yearly | 2019 - 2023 |
| Netherlands (Unit) | 123,379.000 2023 | yearly | 1997 - 2023 |
| Nigeria (Unit) | 2,040.000 2008 | yearly | 1999 - 2008 |
| Pakistan (Unit) | 79,513.000 2023 | yearly | 1999 - 2023 |
| Philippines (Unit) | 110,350.000 2023 | yearly | 1999 - 2023 |
| Poland (Unit) | 612,882.000 2023 | yearly | 1997 - 2023 |
| Portugal (Unit) | 318,231.000 2023 | yearly | 1997 - 2023 |
| Romania (Unit) | 513,050.000 2023 | yearly | 1997 - 2023 |
| Russia (Unit) | 729,864.000 2023 | yearly | 1997 - 2023 |
| Serbia (Unit) | 186.000 2023 | yearly | 1997 - 2023 |
| Slovakia (Unit) | 1,080,000.000 2023 | yearly | 1997 - 2023 |
| Slovenia (Unit) | 60,881.000 2023 | yearly | 1997 - 2023 |
| South Africa (Unit) | 633,337.000 2023 | yearly | 1997 - 2023 |
| Spain (Unit) | 2,451,221.000 2023 | yearly | 1997 - 2023 |
| Sudan (Unit) | 1,020.000 2004 | yearly | 2002 - 2004 |
| Sweden (Unit) | 276,750.000 2023 | yearly | 1997 - 2023 |
| Taiwan (Unit) | 285,962.000 2023 | yearly | 1997 - 2023 |
| Thailand (Unit) | 1,841,663.000 2023 | yearly | 1997 - 2023 |
| Tunisia (Unit) | 1,700.000 2018 | yearly | 2007 - 2018 |
| Turkey (Unit) | 1,468,393.000 2023 | yearly | 1997 - 2023 |
| Ukraine (Unit) | 1,993.000 2023 | yearly | 1997 - 2023 |
| United Kingdom (Unit) | 1,025,474.000 2023 | yearly | 1997 - 2023 |
| United States (Unit) | 10,611,555.000 2023 | yearly | 1997 - 2023 |
| Uruguay (Unit) | 78.000 2004 | yearly | 1999 - 2004 |
| Uzbekistan (Unit) | 425,876.000 2023 | yearly | 1997 - 2023 |
| Venezuela (Unit) | 2,850.000 2016 | yearly | 1999 - 2016 |
| Vietnam (Unit) | 177,435.000 2023 | yearly | 2000 - 2023 |
| Zimbabwe (Unit) | 829.000 2013 | yearly | 1999 - 2013 |
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Learn more about what we doPhilippines Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.8 Sep 2024 | quarterly | Dec 1985 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | 110.644 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Tax Revenue (USD mn) | 7,240.148 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Tax Revenue: % of GDP (%) | 15.6 Sep 2024 | quarterly | Mar 1985 - Sep 2024 |
| National Government Debt (USD mn) | 275,007.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Government Debt: % of GDP (%) | 61.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Forecast: Government Expenditure (PHP bn) | 8,856.329 2029 | yearly | 1989 - 2029 |
| Forecast: Government Net Debt (PHP bn) | 22,005.550 2029 | yearly | 1993 - 2029 |
| Forecast: Government Revenue (PHP bn) | 8,175.786 2029 | yearly | 1989 - 2029 |
| Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) | 731,809.300 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) | 12,704,367.324 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.556 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -5,087.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Total Exports (USD mn) | 6,257.6 Sep 2024 | monthly | Jan 1979 - Sep 2024 |
| Total Exports Growth (%) | -7.6 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Aluminum: Exports (USD th) | 172,934.333 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 61,685.472 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 11,340.083 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 11,344.6 Sep 2024 | monthly | Jan 1979 - Sep 2024 |
| Total Imports Growth (%) | 9.9 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Imports: Medicament (USD th) | 1,570,518.510 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,269,332.939 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,082.743 Sep 2024 | monthly | Jan 1978 - Sep 2024 |
| Total Imports from USA (USD mn) | 681.328 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Total Exports to China (USD mn) | 830.355 Sep 2024 | monthly | Jan 1984 - Sep 2024 |
| Total Imports from China (USD mn) | 2,835.235 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Imports: Metalliferous Ores and Metal Scrap (USD mn) | 83.443 Dec 2018 | monthly | Jan 2006 - Dec 2018 |
| Imports: Iron and Steel (USD mn) | 382.669 Dec 2018 | monthly | Jan 2006 - Dec 2018 |
| Imports: Medicinal and Pharmaceutical Products (USD mn) | 108.103 Dec 2018 | monthly | Jan 2006 - Dec 2018 |
| Export Value Index (2015=100) | 126.842 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 166.404 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -56.0 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Current Account Balance (USD mn) | -2,198.3 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Current Account Balance: % of GDP (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Foreign Direct Investment (USD mn) | 820.5 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 4,331.839 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 4.0 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 632.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 3,699.289 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
| External Debt (USD mn) | 130,182.1 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: % of GDP (%) | 28.7 2023 | yearly | 1990 - 2023 |
| External Debt: Short Term (USD mn) | 17,352.9 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| External Debt: Short Term: % of GDP (%) | 3.9 2023 | yearly | 2005 - 2023 |
| Forecast: Current Account Balance (USD bn) | -8.070 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -55,223.853 Jun 2024 | quarterly | Dec 2012 - Jun 2024 |
| BoP: CA: Services: Credit: Export (USD mn) | 4,345.739 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Net Incurrence of Liabilities (USD mn) | 8,335.793 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: Change in Reserve Assets: Debit (USD mn) | 3,540.703 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: DI: Net Incurrence of Liabilities (USD mn) | 820.455 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
| BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) | -721.743 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Credit: Receipts (USD mn) | 7.553 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: Financial Account (FA) (USD mn) | -6,468.764 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) | -56.003 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) | 2,750.794 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) | -106.020 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: Capital Account (CA) (USD mn) | 7.090 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Net Acquisition of Financial Assets (USD mn) | 1,867.029 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Goods: Credit: Export (USD mn) | 4,544.863 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Debit: Payments (USD mn) | 0.463 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Goods (USD mn) | -6,428.866 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Goods: Debit: Import (USD mn) | 10,973.729 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Services (USD mn) | 1,103.388 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: OI: Net Incurrence of Liabilities (USD mn) | 5,213.863 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Primary Income: Debit: Payments (USD mn) | 1,088.860 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Secondary Income: Debit: Payments (USD mn) | 93.584 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: FD: Net Incurrence of Liabilities (USD mn) | -109.359 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Export (USD mn) | 13,200.174 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | -112.376 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: PI: Net Incurrence of Liabilities (USD mn) | 2,863.171 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Secondary Income: Credit: Receipts (USD mn) | 2,806.536 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Primary Income: Credit: Receipts (USD mn) | 1,503.036 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Other Investments (OI) (USD mn) | -5,935.605 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: Current Account (CA) (USD mn) | -2,198.350 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Services: Debit: Import (USD mn) | 3,242.350 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Direct Investment (DI) (USD mn) | -424.122 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Import (USD mn) | 15,398.524 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Secondary Income (USD mn) | 2,712.952 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: CA: Primary Income (USD mn) | 414.176 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| BoP: FA: Financial Derivatives (FD) (USD mn) | 3.339 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| External Debt: By Country Profile: Country: UK (USD mn) | 4,168.759 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: By Country Profile: Country: France (USD mn) | 1,201.744 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: By Country Profile: Country: Germany (USD mn) | 1,503.182 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: Medium and Long Term (USD mn) | 112,285.213 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: By Country Profile: Country: Japan (USD mn) | 14,245.785 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| External Debt: By Country Profile: Country: USA (USD mn) | 3,057.389 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| FDI: Approved: Manufacturing (PHP mn) | 70,570.395 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| FDI: Approved: Administrative & Support Services (PHP mn) | 7,377.137 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| FDI: Approved: Information & Communication (PHP mn) | 7.490 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| FDI: Approved: Real Estate Activities (PHP mn) | 13,131.164 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| FDI: Approved: Transportation & Storage (PHP mn) | 28.845 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Business Closure (BC): All Industries (Unit) | 3,294.000 2017 | yearly | 1995 - 2017 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.5 Sep 2024 | monthly | Mar 2008 - Sep 2024 |
| Household Debt: % of GDP (%) | 11.0 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Non-Performing Loans (USD mn) | 9,258.079 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Money Supply M1 (USD mn) | 118,820.228 Oct 2024 | monthly | Dec 1988 - Oct 2024 |
| Money Supply M2 (USD mn) | 295,331.894 Oct 2024 | monthly | Dec 1988 - Oct 2024 |
| M2 Growth (%) | 5.8 Oct 2024 | monthly | Dec 1989 - Oct 2024 |
| Reserve Requirement Ratio (%) | 9.5 Nov 2024 | monthly | May 1986 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 95,242.3 Oct 2024 | monthly | Jan 1960 - Oct 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.6 Sep 2024 | monthly | Jan 1979 - Sep 2024 |
| Gold Reserves (USD mn) | 11,353.948 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
| Total Deposits (USD mn) | 350,338.036 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Total Deposits Growth (%) | 7.1 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Domestic Credit (USD mn) | 334,428.2 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| Domestic Credit Growth (%) | 9.8 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Household Debt (USD mn) | 47,678.1 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Total Loans (USD mn) | 234,644.977 Oct 2024 | monthly | Mar 2008 - Oct 2024 |
| Total Loans Growth (%) | 11.08 Oct 2024 | monthly | Mar 2009 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 48.17 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| DCS: LA: M4: M3 (PHP mn) | 17,651,191.493 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| DCS: LA: M4: M3: M2 (PHP mn) | 17,204,264.140 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| DCS: LA: M4: M3: M2: M1 (PHP mn) | 6,921,753.533 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| DCS: Domestic Claims (DC) (PHP mn) | 19,481,782.282 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| ORA: Other Reserve Assets (USD mn) | 1,552.07 Jun 2018 | monthly | Apr 2000 - Jun 2018 |
| Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) | 9.500 Nov 2024 | monthly | May 1986 - Nov 2024 |
| Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) | 2,806.717 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| CL: PBS: Real Estate: Residential (PHP bn) | 1,038.657 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 61.869 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | 4.1 Sep 2024 | quarterly | Jun 2002 - Sep 2024 |
| Business Outlook: Index: Services: Current Quarter (Point) | 36.706 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| Business Outlook: Index: Industry: Current Quarter (Point) | 25.986 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) | 95.000 2019 | yearly | 2019 - 2019 |
More Indicators for Philippines
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