Adjusted net national income (current US$), annual growth rate in Philippines

Philippines: Adjusted net national income (current US$), annual growth rate was 3.04 % change on previous year in 2021. ◆ Volatile

Latest (2021)
3.04 % change on previous year
Change on year
up 145.8%
World rank
143rd
of 183 countries
All-time high
40.53 % change on previous year
in 1974
All-time low
-13.69 % change on previous year
in 1998
Years of data
50
1972–2021

Adjusted net national income (current US$), annual growth rate in Philippines, 1972–2021

-2002040197219962021

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for adjusted net national income (current us$), annual growth rate in Philippines is 3.04 % change on previous year, measured in 2021.

The figure is up 145.8% on the previous year and down 74.5% over ten years.

Over the whole period, adjusted net national income (current us$), annual growth rate in Philippines peaked at 40.53 % change on previous year in 1974 and was at its lowest, -13.69 % change on previous year, in 1998.

Philippines ranks 143rd of 183 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 (current US$), annual growth rate in Philippines, year by year

Annual values for Adjusted net national income (current US$), annual growth rate in Philippines, 1972 to 2021.
Year % change on previous year Change
1972 7.99 % change on previous year —
1973 27.53 % change on previous year +244.6%
1974 40.53 % change on previous year +47.2%
1975 8.39 % change on previous year -79.3%
1976 14.45 % change on previous year +72.1%
1977 15.83 % change on previous year +9.6%
1978 16.08 % change on previous year +1.5%
1979 19.09 % change on previous year +18.7%
1980 18.62 % change on previous year -2.4%
1981 10.25 % change on previous year -45.0%
1982 2.97 % change on previous year -71.0%
1983 -11.22 % change on previous year -478.2%
1984 -8.64 % change on previous year -23.1%
1985 -2.55 % change on previous year -70.5%
1986 -2.72 % change on previous year +6.7%
1987 12.6 % change on previous year -562.6%
1988 15.69 % change on previous year +24.5%
1989 13 % change on previous year -17.2%
1990 6.38 % change on previous year -50.9%
1991 3.8 % change on previous year -40.4%
1992 18.25 % change on previous year +380.2%
1993 2.39 % change on previous year -86.9%
1994 19.2 % change on previous year +703.6%
1995 15.78 % change on previous year -17.8%
1996 13.1 % change on previous year -17.0%
1997 1.1 % change on previous year -91.6%
1998 -13.69 % change on previous year -1340.0%
1999 14.79 % change on previous year -208.0%
2000 -5.74 % change on previous year -138.8%
2001 -5.89 % change on previous year +2.7%
2002 6.6 % change on previous year -212.0%
2003 2.9 % change on previous year -56.0%
2004 6.18 % change on previous year +112.8%
2005 13.28 % change on previous year +115.1%
2006 17.71 % change on previous year +33.4%
2007 20.29 % change on previous year +14.5%
2008 18.82 % change on previous year -7.3%
2009 -0.4024 % change on previous year -102.1%
2010 17.14 % change on previous year -4360.3%
2011 11.93 % change on previous year -30.4%
2012 13.8 % change on previous year +15.6%
2013 9.43 % change on previous year -31.6%
2014 4.25 % change on previous year -54.9%
2015 3.99 % change on previous year -6.1%
2016 3.98 % change on previous year -0.2%
2017 3.03 % change on previous year -24.0%
2018 5 % change on previous year +65.0%
2019 7.24 % change on previous year +45.0%
2020 -6.63 % change on previous year -191.5%
2021 3.04 % change on previous year -145.8%

Philippines compared with similar countries

  • Philippines's 3.04 % change on previous year is below the median for upper middle income countries, which is 9.49 % change on previous year, 32% of the median. (55 countries reporting)
  • Philippines's 3.04 % change on previous year is above the median for East Asia & Pacific, which is 2.45 % change on previous year, 1.2× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Adjusted net national income (current US$), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2010 +4360.3% -0.4024 % change on previous year 17.14 % change on previous year
1998 -1340.0% 1.1 % change on previous year -13.69 % change on previous year
1994 +703.6% 2.39 % change on previous year 19.2 % change on previous year
1987 +562.6% -2.72 % change on previous year 12.6 % change on previous year
1983 -478.2% 2.97 % change on previous year -11.22 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.74 % change on previous year 7.99 % change on previous year 40.53 % change on previous year 8
1980s 4.8 % change on previous year -11.22 % change on previous year 18.62 % change on previous year 10
1990s 8.11 % change on previous year -13.69 % change on previous year 19.2 % change on previous year 10
2000s 7.37 % change on previous year -5.89 % change on previous year 20.29 % change on previous year 10
2010s 7.98 % change on previous year 3.03 % change on previous year 17.14 % change on previous year 10
2020s -1.8 % change on previous year -6.63 % change on previous year 3.04 % change on previous year 2

Countries ranked near Philippines

  1. 140 Brunei 3.6 % change on previous year compare
  2. 141 Burundi 3.38 % change on previous year compare
  3. 142 Ecuador 3.19 % change on previous year compare
  4. 144 Barbados 2.84 % change on previous year compare
  5. 145 Eritrea 2.48 % change on previous year compare
  6. 146 Cambodia 2.45 % change on previous year compare

See the full ranking of 230 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is adjusted net national income (current us$), annual growth rate in Philippines?
Adjusted net national income (current us$), annual growth rate in Philippines was 3.04 % change on previous year in 2021, according to Statizoid (derived).
What is the highest adjusted net national income (current us$), annual growth rate recorded in Philippines?
The highest recorded value was 40.53 % change on previous year in 1974.
What is the lowest adjusted net national income (current us$), annual growth rate recorded in Philippines?
The lowest recorded value was -13.69 % change on previous year in 1998.
How does Philippines rank for adjusted net national income (current us$), annual growth rate?
Philippines ranks 143rd out of 183 countries with data for 2021.
Is adjusted net national income (current us$), annual growth rate rising or falling in Philippines?
Over the last ten years it is down 74.5%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Adjusted net national income (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Adjusted net national income (current US$), annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/adjusted-net-national-income-current-us-annual-growth-rate/philippines/

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<a href="https://economy.statizoid.com/stat/adjusted-net-national-income-current-us-annual-growth-rate/philippines/">Adjusted net national income (current US$), annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Adjusted net national income (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 9,271 data points, 1971–2021
Last refreshed

The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.