GDP Deflator — Value Standard Local Currency, 2015 prices in Philippines

Philippines: GDP Deflator — Value Standard Local Currency, 2015 prices was 127.81 SLC in 2024. ◆ Volatile

Latest (2024)
127.81 SLC
Change on year
up 2.9%
World rank
120th
of 191 countries
All-time high
127.81 SLC
in 2024
All-time low
1.93 SLC
in 1970
Years of data
55
1970–2024

GDP Deflator — Value Standard Local Currency, 2015 prices in Philippines, 1970–2024

050100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

Philippines recorded 127.81 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.

The figure is up 2.9% on the previous year and up 26.9% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices in Philippines peaked at 127.81 SLC in 2024 and was at its lowest, 1.93 SLC, in 1970.

That places Philippines 120th out of 191 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.71 SLC 1.93 SLC 5.93 SLC 10
1980s 14.19 SLC 6.78 SLC 22.3 SLC 10
1990s 39.04 SLC 25.19 SLC 53.78 SLC 10
2000s 71.09 SLC 56.91 SLC 86.57 SLC 10
2010s 99.92 SLC 90.35 SLC 108.26 SLC 10
2020s 118.67 SLC 110.04 SLC 127.81 SLC 5

Countries ranked near Philippines

  1. 117 Antigua and Barbuda 128.03 SLC compare
  2. 118 Belgium 127.92 SLC compare
  3. 119 Austria 127.86 SLC compare
  4. 121 Kiribati 127.6 SLC compare
  5. 122 Gabon 127.35 SLC compare
  6. 123 Albania 127.28 SLC compare

See the full ranking of 210 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices in Philippines?
Gdp deflator — value standard local currency, 2015 prices in Philippines was 127.81 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Philippines?
The highest recorded value was 127.81 SLC in 2024.
What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Philippines?
The lowest recorded value was 1.93 SLC in 1970.
How does Philippines rank for gdp deflator — value standard local currency, 2015 prices?
Philippines ranks 120th out of 191 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices rising or falling in Philippines?
Over the last ten years it is up 26.9%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices in Philippines. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices/philippines/

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About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 10,863 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).