Adjusted net national income in Philippines
Philippines: Adjusted net national income was 361.50 billion current US$ in 2021. ◆ Volatile
Latest (2021)
361.50 billion current US$
Change on year
up 3.0%
World rank
31st
of 184 countries
All-time high
375.75 billion current US$
in 2019
All-time low
7.33 billion current US$
in 1971
Years of data
51
1971–2021
Adjusted net national income in Philippines, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted net national income in Philippines stood at 361.50 billion current US$.
The figure is up 3.0% on the previous year and up 56.7% over ten years.
Over the whole period, adjusted net national income in Philippines peaked at 375.75 billion current US$ in 2019 and was at its lowest, 7.33 billion current US$, in 1971.
That places Philippines 31st out of 184 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1971 | 7.33 billion current US$ | — |
| 1972 | 7.91 billion current US$ | +8.0% |
| 1973 | 10.09 billion current US$ | +27.5% |
| 1974 | 14.18 billion current US$ | +40.5% |
| 1975 | 15.37 billion current US$ | +8.4% |
| 1976 | 17.59 billion current US$ | +14.4% |
| 1977 | 20.38 billion current US$ | +15.8% |
| 1978 | 23.65 billion current US$ | +16.1% |
| 1979 | 28.17 billion current US$ | +19.1% |
| 1980 | 33.42 billion current US$ | +18.6% |
| 1981 | 36.84 billion current US$ | +10.2% |
| 1982 | 37.93 billion current US$ | +3.0% |
| 1983 | 33.67 billion current US$ | -11.2% |
| 1984 | 30.77 billion current US$ | -8.6% |
| 1985 | 29.98 billion current US$ | -2.6% |
| 1986 | 29.16 billion current US$ | -2.7% |
| 1987 | 32.84 billion current US$ | +12.6% |
| 1988 | 37.99 billion current US$ | +15.7% |
| 1989 | 42.93 billion current US$ | +13.0% |
| 1990 | 45.67 billion current US$ | +6.4% |
| 1991 | 47.40 billion current US$ | +3.8% |
| 1992 | 56.06 billion current US$ | +18.3% |
| 1993 | 57.40 billion current US$ | +2.4% |
| 1994 | 68.41 billion current US$ | +19.2% |
| 1995 | 79.21 billion current US$ | +15.8% |
| 1996 | 89.58 billion current US$ | +13.1% |
| 1997 | 90.57 billion current US$ | +1.1% |
| 1998 | 78.17 billion current US$ | -13.7% |
| 1999 | 89.73 billion current US$ | +14.8% |
| 2000 | 84.58 billion current US$ | -5.7% |
| 2001 | 79.60 billion current US$ | -5.9% |
| 2002 | 84.85 billion current US$ | +6.6% |
| 2003 | 87.31 billion current US$ | +2.9% |
| 2004 | 92.70 billion current US$ | +6.2% |
| 2005 | 105.02 billion current US$ | +13.3% |
| 2006 | 123.62 billion current US$ | +17.7% |
| 2007 | 148.70 billion current US$ | +20.3% |
| 2008 | 176.68 billion current US$ | +18.8% |
| 2009 | 175.97 billion current US$ | -0.4% |
| 2010 | 206.14 billion current US$ | +17.1% |
| 2011 | 230.74 billion current US$ | +11.9% |
| 2012 | 262.57 billion current US$ | +13.8% |
| 2013 | 287.33 billion current US$ | +9.4% |
| 2014 | 299.54 billion current US$ | +4.2% |
| 2015 | 311.49 billion current US$ | +4.0% |
| 2016 | 323.90 billion current US$ | +4.0% |
| 2017 | 333.70 billion current US$ | +3.0% |
| 2018 | 350.37 billion current US$ | +5.0% |
| 2019 | 375.75 billion current US$ | +7.2% |
| 2020 | 350.84 billion current US$ | -6.6% |
| 2021 | 361.50 billion current US$ | +3.0% |
Philippines compared with similar countries
- Philippines's 361.50 billion current US$ is above the median for upper middle income countries, which is 35.18 billion current US$, 10.3× the median. (55 countries reporting)
- Philippines's 361.50 billion current US$ is above the median for East Asia & Pacific, which is 18.34 billion current US$, 19.7× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.08 billion current US$ | 7.33 billion current US$ | 28.17 billion current US$ | 9 |
| 1980s | 34.55 billion current US$ | 29.16 billion current US$ | 42.93 billion current US$ | 10 |
| 1990s | 70.22 billion current US$ | 45.67 billion current US$ | 90.57 billion current US$ | 10 |
| 2000s | 115.90 billion current US$ | 79.60 billion current US$ | 176.68 billion current US$ | 10 |
| 2010s | 298.15 billion current US$ | 206.14 billion current US$ | 375.75 billion current US$ | 10 |
| 2020s | 356.17 billion current US$ | 350.84 billion current US$ | 361.50 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is adjusted net national income in Philippines?
- Adjusted net national income in Philippines was 361.50 billion current US$ 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 375.75 billion current US$ in 2019.
- What is the lowest adjusted net national income recorded in Philippines?
- The lowest recorded value was 7.33 billion current US$ in 1971.
- How does Philippines rank for adjusted net national income?
- Philippines ranks 31st out of 184 countries with data for 2021.
- Is adjusted net national income rising or falling in Philippines?
- Over the last ten years it is up 56.7%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.