Palma ratio after tax lis in Philippines

Philippines: Palma ratio after tax lis was 1.57 in 2023. β–Ό Falling

Latest (2023)
1.57
Change on year
down 8.6%
World rank
13th
of 48 countries
All-time high
2.69
in 1997
All-time low
1.57
in 2023
Years of data
14
1985–2023

Palma ratio after tax lis in Philippines, 1985–2023

01231985200420231985: 2.11988: 2.21991: 2.41994: 2.21997: 2.72000: 2.72003: 2.42006: 2.42009: 2.22012: 2.22015: 22018: 1.82021: 1.72023: 1.6

Source: Our World in Data.

Analysis

The most recent figure for palma ratio after tax lis in Philippines is 1.57, measured in 2023. That is the lowest value across all 14 years on record.

The figure is down 8.6% on the previous year and down 29.9% over ten years.

Over the whole period, palma ratio after tax lis in Philippines peaked at 2.69 in 1997 and was at its lowest, 1.57, in 2023.

Philippines ranks 13th of 48 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.14 2.11 2.17 2
1990s 2.43 2.22 2.69 3
2000s 2.43 2.2 2.66 4
2010s 2.01 1.76 2.24 3
2020s 1.64 1.57 1.72 2

Countries ranked near Philippines

  1. 10 Uruguay 1.7 compare
  2. 11 Bulgaria 1.62 compare
  3. 12 Mali 1.58 compare
  4. 14 Vietnam 1.44 compare
  5. 15 Lithuania 1.43 compare
  6. 16 Israel 1.33 compare

See the full ranking of 48 places β†’

More economy & growth data for Philippines

All data for Philippines β†’

Frequently asked questions

What is palma ratio after tax lis in Philippines?
Palma ratio after tax lis in Philippines was 1.57 in 2023, according to Our World in Data.
What is the highest palma ratio after tax lis recorded in Philippines?
The highest recorded value was 2.69 in 1997.
What is the lowest palma ratio after tax lis recorded in Philippines?
The lowest recorded value was 1.57 in 2023.
How does Philippines rank for palma ratio after tax lis?
Philippines ranks 13th out of 48 countries with data for 2023.
Is palma ratio after tax lis rising or falling in Philippines?
Over the last ten years it is down 29.9%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.

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Palma ratio after tax lis in Philippines. Statizoid, drawing on Our World in Data. Retrieved 16 August 2026, from https://economy.statizoid.com/stat/palma-ratio-after-tax-lis/philippines/

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About this data

Indicator
Palma ratio after tax lis
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 1,046 data points, 1963–2024
Last refreshed