Adjusted savings: carbon dioxide damage in Philippines
Philippines: Adjusted savings: carbon dioxide damage was 1.6% in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Philippines, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Philippines is 1.6%, measured in 2021.
That represents a change of up 8.6% on the previous year and up 64.7% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Philippines peaked at 1.6% in 2003 and was at its lowest, 0.9%, in 2012.
That places Philippines 86th out of 204 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Philippines, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 1.0% | — |
| 1991 | 1.0% | +0.9% |
| 1992 | 1.0% | -4.3% |
| 1993 | 1.1% | +10.1% |
| 1994 | 1.0% | -5.5% |
| 1995 | 1.1% | +7.9% |
| 1996 | 1.1% | +0.7% |
| 1997 | 1.3% | +14.7% |
| 1998 | 1.5% | +19.4% |
| 1999 | 1.3% | -12.6% |
| 2000 | 1.5% | +11.7% |
| 2001 | 1.6% | +8.2% |
| 2002 | 1.6% | -1.2% |
| 2003 | 1.6% | +4.0% |
| 2004 | 1.6% | -1.8% |
| 2005 | 1.5% | -5.2% |
| 2006 | 1.2% | -19.2% |
| 2007 | 1.1% | -9.2% |
| 2008 | 1.0% | -8.5% |
| 2009 | 1.1% | +5.7% |
| 2010 | 1.0% | -5.9% |
| 2011 | 0.9% | -6.0% |
| 2012 | 0.9% | -3.1% |
| 2013 | 1.0% | +5.7% |
| 2014 | 1.0% | +6.2% |
| 2015 | 1.1% | +9.4% |
| 2016 | 1.2% | +9.4% |
| 2017 | 1.4% | +10.7% |
| 2018 | 1.4% | +3.3% |
| 2019 | 1.4% | +1.1% |
| 2020 | 1.4% | +0.7% |
| 2021 | 1.6% | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 1.0% | 1.5% | 10 |
| 2000s | 1.4% | 1.0% | 1.6% | 10 |
| 2010s | 1.1% | 0.9% | 1.4% | 10 |
| 2020s | 1.5% | 1.4% | 1.6% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.04 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3601 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,502 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -0.3954 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -0.7711 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 0.1244 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.94 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 20,606 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Philippines?
- Adjusted savings: carbon dioxide damage in Philippines was 1.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Philippines?
- The highest recorded value was 1.6% in 2003.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Philippines?
- The lowest recorded value was 0.9% in 2012.
- How does Philippines rank for adjusted savings: carbon dioxide damage?
- Philippines ranks 86th out of 204 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Philippines?
- Over the last ten years it is up 64.7%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.