Inflation, GDP deflator (annual %) in Philippines
Philippines: Inflation, GDP deflator was 1.4% in 2025. ◆ Volatile
Inflation, GDP deflator in Philippines, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Philippines stood at 1.4%.
That represents a change of down 50.6% on the previous year and up 299.3% over ten years.
Over the whole period, inflation, gdp deflator in Philippines peaked at 53.0% in 1984 and was at its lowest, -0.7%, in 2015.
That places Philippines 169th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Philippines, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 3.1% | — |
| 1962 | 6.7% | +115.9% |
| 1963 | 8.9% | +32.4% |
| 1964 | 4.6% | -48.6% |
| 1965 | 3.9% | -15.1% |
| 1966 | 5.4% | +38.0% |
| 1967 | 2.1% | -60.5% |
| 1968 | 6.4% | +201.5% |
| 1969 | 5.9% | -7.5% |
| 1970 | 15.3% | +158.9% |
| 1971 | 14.5% | -5.1% |
| 1972 | 6.6% | -54.7% |
| 1973 | 17.1% | +160.1% |
| 1974 | 32.9% | +92.3% |
| 1975 | 9.5% | -71.2% |
| 1976 | 8.4% | -11.6% |
| 1977 | 8.4% | -0.2% |
| 1978 | 9.4% | +11.8% |
| 1979 | 14.9% | +59.7% |
| 1980 | 14.2% | -4.7% |
| 1981 | 11.8% | -17.4% |
| 1982 | 8.6% | -26.5% |
| 1983 | 14.2% | +64.8% |
| 1984 | 53.0% | +271.7% |
| 1985 | 17.1% | -67.8% |
| 1986 | 2.9% | -83.0% |
| 1987 | 7.5% | +159.2% |
| 1988 | 9.8% | +30.2% |
| 1989 | 9.1% | -6.8% |
| 1990 | 13.0% | +42.4% |
| 1991 | 16.4% | +26.5% |
| 1992 | 7.9% | -51.9% |
| 1993 | 6.8% | -13.6% |
| 1994 | 10.1% | +47.7% |
| 1995 | 7.6% | -24.0% |
| 1996 | 7.7% | +0.6% |
| 1997 | 6.3% | -18.6% |
| 1998 | 10.4% | +66.2% |
| 1999 | 6.3% | -39.1% |
| 2000 | 5.8% | -8.2% |
| 2001 | 5.6% | -3.4% |
| 2002 | 4.2% | -24.7% |
| 2003 | 3.2% | -24.6% |
| 2004 | 5.9% | +84.5% |
| 2005 | 5.9% | +0.3% |
| 2006 | 5.1% | -13.5% |
| 2007 | 3.2% | -38.1% |
| 2008 | 7.2% | +126.9% |
| 2009 | 2.7% | -61.9% |
| 2010 | 4.4% | +59.6% |
| 2011 | 3.9% | -10.3% |
| 2012 | 2.0% | -49.1% |
| 2013 | 2.1% | +3.4% |
| 2014 | 3.1% | +48.1% |
| 2015 | -0.7% | -123.6% |
| 2016 | 1.3% | -277.9% |
| 2017 | 2.3% | +81.2% |
| 2018 | 3.7% | +61.2% |
| 2019 | 0.7% | -81.4% |
| 2020 | 1.7% | +136.8% |
| 2021 | 2.3% | +38.3% |
| 2022 | 5.5% | +140.5% |
| 2023 | 4.6% | -16.2% |
| 2024 | 2.9% | -36.9% |
| 2025 | 1.4% | -50.6% |
Philippines compared with similar countries
- Philippines's 1.4% is below the median for upper middle income countries, which is 3.3%, 43% of the median. (59 countries reporting)
- Philippines's 1.4% is below the median for East Asia & Pacific, which is 2.6%, 55% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.2% | 2.1% | 8.9% | 9 |
| 1970s | 13.7% | 6.6% | 32.9% | 10 |
| 1980s | 14.8% | 2.9% | 53.0% | 10 |
| 1990s | 9.2% | 6.3% | 16.4% | 10 |
| 2000s | 4.9% | 2.7% | 7.2% | 10 |
| 2010s | 2.3% | -0.7% | 4.4% | 10 |
| 2020s | 3.1% | 1.4% | 5.5% | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Philippines?
- Inflation, gdp deflator in Philippines was 1.4% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Philippines?
- The highest recorded value was 53.0% in 1984.
- What is the lowest inflation, gdp deflator recorded in Philippines?
- The lowest recorded value was -0.7% in 2015.
- How does Philippines rank for inflation, gdp deflator?
- Philippines ranks 169th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Philippines?
- Over the last ten years it is up 299.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.