Philippines - Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP
Since 2014, Philippines Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP grew 1points year on year. In 2019, the country was number 41 among other countries in Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP with 20.43 Percent. Philippines is overtaken by Portugal, which was ranked number 40 at 20.5 Percent and is followed by Lithuania at 20.18 Percent. Turks and Caicos Islands lead the ranking with 47.71 Percent in 2019, +1.3points versus 2018. Cook Islands, Palau and Samoa respectively ranked number 2, 3 and 4 in this ranking. Republic of the Congo witnessed the best average annual growth at +11.2points per year, while Ireland witnessed the worst performance at -6.2points per year.
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| Date | Percent |
|---|---|
| 2019 | 20.43 |
| 2018 | 20.29 |
| 2017 | 20.15 |
| 2016 | 20.03 |
| 2015 | 19.86 |
How does Philippines rank in Wholesale, Retail Trade, Restaurants and Hotels Contribution to GDP?
| # | 206 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Turks and Caicos Islands
|
47.71 % | 2019 | +1.3 % | +1.8 % | View data | |
| 2 |
#2
Cook Islands
|
39.75 % | 2019 | +0.5 % | +0.2 % | View data | |
| 40 |
#40
Portugal
|
20.50 % | 2019 | +0.6 % | +0.6 % | View data | |
| 41 |
#41
Philippines
|
20.43 % | 2019 | +0.7 % | +1.0 % | View data | |
| 42 |
#42
Lithuania
|
20.18 % | 2019 | +0.7 % | +0.5 % | View data | |