Adjusted net national income (constant 2015 US$) in Philippines
Philippines: Adjusted net national income (constant 2015 US$) was 333.81 billion constant 2015 US$ in 2021. ◆ Volatile
Adjusted net national income in Philippines, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
Philippines recorded 333.81 billion constant 2015 US$ for adjusted net national income in 2021.
Compared with earlier readings it is down 2.2% on the previous year and up 43.8% over ten years.
Over the whole period, adjusted net national income in Philippines peaked at 384.11 billion constant 2015 US$ in 2019 and was at its lowest, 75.94 billion constant 2015 US$, in 1985.
Philippines ranks 26th of 151 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (constant 2015 US$) in Philippines, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1981 | 86.95 billion constant 2015 US$ | — |
| 1982 | 89.09 billion constant 2015 US$ | +2.5% |
| 1983 | 90.49 billion constant 2015 US$ | +1.6% |
| 1984 | 81.54 billion constant 2015 US$ | -9.9% |
| 1985 | 75.94 billion constant 2015 US$ | -6.9% |
| 1986 | 78.15 billion constant 2015 US$ | +2.9% |
| 1987 | 84.02 billion constant 2015 US$ | +7.5% |
| 1988 | 90.36 billion constant 2015 US$ | +7.5% |
| 1989 | 94.75 billion constant 2015 US$ | +4.9% |
| 1990 | 100.52 billion constant 2015 US$ | +6.1% |
| 1991 | 100.55 billion constant 2015 US$ | +0.0% |
| 1992 | 102.96 billion constant 2015 US$ | +2.4% |
| 1993 | 103.43 billion constant 2015 US$ | +0.5% |
| 1994 | 109.65 billion constant 2015 US$ | +6.0% |
| 1995 | 114.31 billion constant 2015 US$ | +4.3% |
| 1996 | 120.18 billion constant 2015 US$ | +5.1% |
| 1997 | 127.52 billion constant 2015 US$ | +6.1% |
| 1998 | 141.26 billion constant 2015 US$ | +10.8% |
| 1999 | 147.38 billion constant 2015 US$ | +4.3% |
| 2000 | 150.46 billion constant 2015 US$ | +2.1% |
| 2001 | 152.59 billion constant 2015 US$ | +1.4% |
| 2002 | 157.15 billion constant 2015 US$ | +3.0% |
| 2003 | 164.63 billion constant 2015 US$ | +4.8% |
| 2004 | 168.25 billion constant 2015 US$ | +2.2% |
| 2005 | 176.83 billion constant 2015 US$ | +5.1% |
| 2006 | 185.25 billion constant 2015 US$ | +4.8% |
| 2007 | 193.93 billion constant 2015 US$ | +4.7% |
| 2008 | 204.35 billion constant 2015 US$ | +5.4% |
| 2009 | 215.18 billion constant 2015 US$ | +5.3% |
| 2010 | 229.91 billion constant 2015 US$ | +6.8% |
| 2011 | 232.10 billion constant 2015 US$ | +1.0% |
| 2012 | 252.95 billion constant 2015 US$ | +9.0% |
| 2013 | 274.18 billion constant 2015 US$ | +8.4% |
| 2014 | 291.25 billion constant 2015 US$ | +6.2% |
| 2015 | 311.49 billion constant 2015 US$ | +7.0% |
| 2016 | 331.59 billion constant 2015 US$ | +6.5% |
| 2017 | 352.97 billion constant 2015 US$ | +6.4% |
| 2018 | 369.47 billion constant 2015 US$ | +4.7% |
| 2019 | 384.11 billion constant 2015 US$ | +4.0% |
| 2020 | 341.31 billion constant 2015 US$ | -11.1% |
| 2021 | 333.81 billion constant 2015 US$ | -2.2% |
Philippines compared with similar countries
- Philippines's 333.81 billion constant 2015 US$ is above the median for upper middle income countries, which is 52.68 billion constant 2015 US$, 6.3× the median. (43 countries reporting)
- Philippines's 333.81 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 21.93 billion constant 2015 US$, 15.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 85.70 billion constant 2015 US$ | 75.94 billion constant 2015 US$ | 94.75 billion constant 2015 US$ | 9 |
| 1990s | 116.78 billion constant 2015 US$ | 100.52 billion constant 2015 US$ | 147.38 billion constant 2015 US$ | 10 |
| 2000s | 176.86 billion constant 2015 US$ | 150.46 billion constant 2015 US$ | 215.18 billion constant 2015 US$ | 10 |
| 2010s | 303.00 billion constant 2015 US$ | 229.91 billion constant 2015 US$ | 384.11 billion constant 2015 US$ | 10 |
| 2020s | 337.56 billion constant 2015 US$ | 333.81 billion constant 2015 US$ | 341.31 billion constant 2015 US$ | 2 |
Countries ranked near Philippines
- 23 Pakistan 370.84 billion constant 2015 US$ compare
- 24 Egypt 343.75 billion constant 2015 US$ compare
- 25 Norway 343.64 billion constant 2015 US$ compare
- 27 Israel 324.03 billion constant 2015 US$ compare
- 28 Austria 323.67 billion constant 2015 US$ compare
- 29 United Arab Emirates 320.01 billion constant 2015 US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income in Philippines?
- Adjusted net national income in Philippines was 333.81 billion constant 2015 US$ 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 384.11 billion constant 2015 US$ in 2019.
- What is the lowest adjusted net national income recorded in Philippines?
- The lowest recorded value was 75.94 billion constant 2015 US$ in 1985.
- How does Philippines rank for adjusted net national income?
- Philippines ranks 26th out of 151 countries with data for 2021.
- Is adjusted net national income rising or falling in Philippines?
- Over the last ten years it is up 43.8%. 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.