Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Philippines
Philippines: Nominal effective exchange rate (NEER), Index (2010=100) Weighted was 93.62 in 2025. ◆ Volatile
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Philippines, 1979–2025
Source: International Monetary Fund.
Analysis
The most recent figure for nominal effective exchange rate (neer), index (2010=100) weighted in Philippines is 93.62, measured in 2025.
That represents a change of down 1.2% on the previous year and down 12.8% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) weighted in Philippines peaked at 556.84 in 1979 and was at its lowest, 90.16, in 2004.
Philippines ranks 68th of 99 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 556.84 | — |
| 1980 | 553.27 | -0.6% |
| 1981 | 551.34 | -0.3% |
| 1982 | 549.44 | -0.3% |
| 1983 | 438.53 | -20.2% |
| 1984 | 301.13 | -31.3% |
| 1985 | 272.48 | -9.5% |
| 1986 | 214.63 | -21.2% |
| 1987 | 194.87 | -9.2% |
| 1988 | 179.66 | -7.8% |
| 1989 | 179.29 | -0.2% |
| 1990 | 163.75 | -8.7% |
| 1991 | 148.09 | -9.6% |
| 1992 | 162.52 | +9.7% |
| 1993 | 163.02 | +0.3% |
| 1994 | 175.48 | +7.6% |
| 1995 | 173.4 | -1.2% |
| 1996 | 176.88 | +2.0% |
| 1997 | 169.65 | -4.1% |
| 1998 | 132.68 | -21.8% |
| 1999 | 133.26 | +0.4% |
| 2000 | 119.01 | -10.7% |
| 2001 | 108.23 | -9.1% |
| 2002 | 106.69 | -1.4% |
| 2003 | 96.76 | -9.3% |
| 2004 | 90.16 | -6.8% |
| 2005 | 90.89 | +0.8% |
| 2006 | 96.95 | +6.7% |
| 2007 | 104.51 | +7.8% |
| 2008 | 103.55 | -0.9% |
| 2009 | 97.61 | -5.7% |
| 2010 | 100 | +2.4% |
| 2011 | 99.05 | -1.0% |
| 2012 | 102.81 | +3.8% |
| 2013 | 105 | +2.1% |
| 2014 | 102.14 | -2.7% |
| 2015 | 107.34 | +5.1% |
| 2016 | 104.45 | -2.7% |
| 2017 | 98.5 | -5.7% |
| 2018 | 92.6 | -6.0% |
| 2019 | 96.36 | +4.1% |
| 2020 | 100.46 | +4.3% |
| 2021 | 98.28 | -2.2% |
| 2022 | 95.27 | -3.1% |
| 2023 | 95.54 | +0.3% |
| 2024 | 94.78 | -0.8% |
| 2025 | 93.62 | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 556.84 | 556.84 | 556.84 | 1 |
| 1980s | 343.46 | 179.29 | 553.27 | 10 |
| 1990s | 159.87 | 132.68 | 176.88 | 10 |
| 2000s | 101.44 | 90.16 | 119.01 | 10 |
| 2010s | 100.82 | 92.6 | 107.34 | 10 |
| 2020s | 96.32 | 93.62 | 100.46 | 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)
- Gross domestic savings (current US$), annual growth rate -4.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0845 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 352.34 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -3.68 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.86 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 20,262 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) weighted in Philippines?
- Nominal effective exchange rate (neer), index (2010=100) weighted in Philippines was 93.62 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Philippines?
- The highest recorded value was 556.84 in 1979.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Philippines?
- The lowest recorded value was 90.16 in 2004.
- How does Philippines rank for nominal effective exchange rate (neer), index (2010=100) weighted?
- Philippines ranks 68th out of 99 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) weighted rising or falling in Philippines?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Nominal effective exchange rate (NEER), Index (2010=100) Weighted index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).