And $100 in Vietnam buys what $118 buys in the Philippines. Prices across the Philippines' economy average 118% of Vietnam's, so a dollar goes 18% further in Vietnam.
World Bank figures for 2025 unless another year is shown
Measure
Philippines
Vietnam
Economy
Population
116.8 million
101.6 million
GDPUS dollars, market exchange rates
$487 billion
$515 billion
GDP per personUS dollars
$4,171
$5,066
GDP per person at PPPInternational dollars
$12,577
$18,088
Prices
Price levelUS prices = 100%
33%
28%
A US dollar goes as far as
$3.02 in the US
$3.57 in the US
Income
Median income or consumptionPer person, international dollars
$7.21 a day2023 survey · $2,632 a year · income
$13.32 a day2022 survey · $4,862 a year · consumption
More figures: GDP at PPP, conversion factor and GNI▾
Gross national income is what residents earn, at home and abroad
Measure
Philippines
Vietnam
GDP at PPPInternational dollars
$1.47 trillion
$1.84 trillion
PPP conversion factorLocal currency per international dollar
19.07Philippine peso
6,991Vietnamese dong
GNI per person, Atlas methodUS dollars
$4,850
$4,970
GNI per person at PPPInternational dollars
$14,460
$17,580
World Bank income groups: Philippines, upper middle income; Vietnam, upper middle income.
GDP per person at PPP· 2000 to 2025, in constant 2021 international dollarsAdjusted for inflation, so recent years read lower than the current-dollar figures above.