Adjusted net national income in Philippines
Philippines: Adjusted net national income was -2.2% in 2021. ◆ Volatile
Adjusted net national income in Philippines, 1982–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
The most recent figure for adjusted net national income in Philippines is -2.2%, measured in 2021.
Compared with earlier readings it is up 80.3% on the previous year and down 331.0% over ten years.
Over the whole period, adjusted net national income in Philippines peaked at 10.8% in 1998 and was at its lowest, -11.1%, in 2020.
Philippines ranks 131st of 154 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Philippines, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1982 | 2.5% | — |
| 1983 | 1.6% | -36.1% |
| 1984 | -9.9% | -728.7% |
| 1985 | -6.9% | -30.6% |
| 1986 | 2.9% | -142.4% |
| 1987 | 7.5% | +157.7% |
| 1988 | 7.5% | +0.5% |
| 1989 | 4.9% | -35.6% |
| 1990 | 6.1% | +25.2% |
| 1991 | 0.0% | -99.5% |
| 1992 | 2.4% | +7101.3% |
| 1993 | 0.5% | -80.8% |
| 1994 | 6.0% | +1206.6% |
| 1995 | 4.3% | -29.1% |
| 1996 | 5.1% | +20.5% |
| 1997 | 6.1% | +19.1% |
| 1998 | 10.8% | +76.2% |
| 1999 | 4.3% | -59.8% |
| 2000 | 2.1% | -51.7% |
| 2001 | 1.4% | -32.3% |
| 2002 | 3.0% | +111.3% |
| 2003 | 4.8% | +59.1% |
| 2004 | 2.2% | -53.8% |
| 2005 | 5.1% | +132.0% |
| 2006 | 4.8% | -6.6% |
| 2007 | 4.7% | -1.5% |
| 2008 | 5.4% | +14.6% |
| 2009 | 5.3% | -1.4% |
| 2010 | 6.8% | +29.2% |
| 2011 | 1.0% | -86.1% |
| 2012 | 9.0% | +844.6% |
| 2013 | 8.4% | -6.6% |
| 2014 | 6.2% | -25.8% |
| 2015 | 7.0% | +11.6% |
| 2016 | 6.5% | -7.2% |
| 2017 | 6.4% | -0.1% |
| 2018 | 4.7% | -27.5% |
| 2019 | 4.0% | -15.2% |
| 2020 | -11.1% | -381.3% |
| 2021 | -2.2% | -80.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | -9.9% | 7.5% | 8 |
| 1990s | 4.6% | 0.0% | 10.8% | 10 |
| 2000s | 3.9% | 1.4% | 5.4% | 10 |
| 2010s | 6.0% | 1.0% | 9.0% | 10 |
| 2020s | -6.7% | -11.1% | -2.2% | 2 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 7.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,687 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 37.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 154,500 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6191 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income in Philippines?
- Adjusted net national income in Philippines was -2.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Philippines?
- The highest recorded value was 10.8% in 1998.
- What is the lowest adjusted net national income recorded in Philippines?
- The lowest recorded value was -11.1% in 2020.
- How does Philippines rank for adjusted net national income?
- Philippines ranks 131st out of 154 countries with data for 2021.
- Is adjusted net national income rising or falling in Philippines?
- Over the last ten years it is down 331.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.