GDP Deflator — Value US$, 2015 prices, annual growth rate in Philippines
Philippines: GDP Deflator — Value US$, 2015 prices, annual growth rate was -0.0679 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded -0.0679 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.
The figure is down 102.8% on the previous year and up 95.4% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Philippines peaked at 32.27 % change on previous year in 1974 and was at its lowest, -20.43 % change on previous year, in 1998.
Philippines ranks 176th of 222 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.13 % change on previous year | — |
| 1972 | 2.7 % change on previous year | -47.5% |
| 1973 | 15.7 % change on previous year | +482.4% |
| 1974 | 32.27 % change on previous year | +105.6% |
| 1975 | 2.53 % change on previous year | -92.2% |
| 1976 | 5.58 % change on previous year | +120.5% |
| 1977 | 8.91 % change on previous year | +59.7% |
| 1978 | 9.91 % change on previous year | +11.1% |
| 1979 | 14.76 % change on previous year | +49.0% |
| 1980 | 12.2 % change on previous year | -17.3% |
| 1981 | 6.27 % change on previous year | -48.6% |
| 1982 | 0.497 % change on previous year | -92.1% |
| 1983 | -12.2 % change on previous year | -2555.1% |
| 1984 | 1.79 % change on previous year | -114.7% |
| 1985 | 5.05 % change on previous year | +182.0% |
| 1986 | -6.08 % change on previous year | -220.4% |
| 1987 | 6.55 % change on previous year | -207.6% |
| 1988 | 7.02 % change on previous year | +7.2% |
| 1989 | 5.88 % change on previous year | -16.2% |
| 1990 | 0.9979 % change on previous year | -83.0% |
| 1991 | 2.98 % change on previous year | +198.2% |
| 1992 | 16.2 % change on previous year | +444.3% |
| 1993 | 0.4791 % change on previous year | -97.0% |
| 1994 | 12.99 % change on previous year | +2611.1% |
| 1995 | 10.58 % change on previous year | -18.5% |
| 1996 | 5.63 % change on previous year | -46.8% |
| 1997 | -5.47 % change on previous year | -197.3% |
| 1998 | -20.43 % change on previous year | +273.2% |
| 1999 | 11.24 % change on previous year | -155.0% |
| 2000 | -6.4 % change on previous year | -157.0% |
| 2001 | -8.47 % change on previous year | +32.2% |
| 2002 | 3 % change on previous year | -135.4% |
| 2003 | -1.76 % change on previous year | -158.6% |
| 2004 | 2.42 % change on previous year | -237.7% |
| 2005 | 7.75 % change on previous year | +220.0% |
| 2006 | 12.84 % change on previous year | +65.7% |
| 2007 | 14.71 % change on previous year | +14.6% |
| 2008 | 11.59 % change on previous year | -21.2% |
| 2009 | -4.49 % change on previous year | -138.8% |
| 2010 | 10.32 % change on previous year | -329.6% |
| 2011 | 8.23 % change on previous year | -20.2% |
| 2012 | 4.61 % change on previous year | -43.9% |
| 2013 | 1.54 % change on previous year | -66.7% |
| 2014 | -1.47 % change on previous year | -195.6% |
| 2015 | -3.14 % change on previous year | +113.3% |
| 2016 | -2.96 % change on previous year | -5.5% |
| 2017 | -3.59 % change on previous year | +21.2% |
| 2018 | -0.7069 % change on previous year | -80.3% |
| 2019 | 2.38 % change on previous year | -436.7% |
| 2020 | 6.1 % change on previous year | +156.3% |
| 2021 | 3.05 % change on previous year | -50.0% |
| 2022 | -4.63 % change on previous year | -251.7% |
| 2023 | 2.43 % change on previous year | -152.5% |
| 2024 | -0.0679 % change on previous year | -102.8% |
Philippines compared with similar countries
- Philippines's -0.0679 % change on previous year is below the median for upper middle income countries, which is 3.03 % change on previous year. (51 countries reporting)
- Philippines's -0.0679 % change on previous year is below the median for East Asia & Pacific, which is 1.85 % change on previous year. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +2611.1% | 0.4791 % change on previous year | 12.99 % change on previous year |
| 1983 | -2555.1% | 0.497 % change on previous year | -12.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.83 % change on previous year | 2.53 % change on previous year | 32.27 % change on previous year | 9 |
| 1980s | 2.7 % change on previous year | -12.2 % change on previous year | 12.2 % change on previous year | 10 |
| 1990s | 3.52 % change on previous year | -20.43 % change on previous year | 16.2 % change on previous year | 10 |
| 2000s | 3.12 % change on previous year | -8.47 % change on previous year | 14.71 % change on previous year | 10 |
| 2010s | 1.52 % change on previous year | -3.59 % change on previous year | 10.32 % change on previous year | 10 |
| 2020s | 1.38 % change on previous year | -4.63 % change on previous year | 6.1 % change on previous year | 5 |
Countries ranked near Philippines
- 173 Bosnia and Herzegovina 0.2355 % change on previous year compare
- 174 British Virgin Islands 0.225 % change on previous year compare
- 175 Congo 0.0235 % change on previous year compare
- 177 Russian Federation -0.1729 % change on previous year compare
- 178 Saint Kitts and Nevis -0.2244 % change on previous year compare
- 179 Saudi Arabia -0.2486 % change on previous year compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Philippines?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Philippines was -0.0679 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Philippines?
- The highest recorded value was 32.27 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Philippines?
- The lowest recorded value was -20.43 % change on previous year in 1998.
- How does Philippines rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Philippines ranks 176th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 95.4%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.