Value Added Deflator (Manufacturing) — Value Standard Local Currency in Philippines
Philippines: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 107.94 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Philippines, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Philippines recorded 107.94 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 7.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Philippines peaked at 107.94 SLC in 2023 and was at its lowest, 2.17 SLC, in 1970.
Philippines ranks 166th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.23 SLC | 2.17 SLC | 6.73 SLC | 10 |
| 1980s | 17.05 SLC | 7.92 SLC | 26.63 SLC | 10 |
| 1990s | 44.72 SLC | 30.3 SLC | 59.84 SLC | 10 |
| 2000s | 76.06 SLC | 61.47 SLC | 91.65 SLC | 10 |
| 2010s | 100.63 SLC | 96.23 SLC | 103.44 SLC | 10 |
| 2020s | 103.3 SLC | 99.59 SLC | 107.94 SLC | 4 |
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0124 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 80.53 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 58.8 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.017 (2025)
- Gdp worldbank constant usd, annual growth rate 4.4 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.9749 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,066 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Philippines?
- Value added deflator (manufacturing) — value standard local currency in Philippines was 107.94 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Philippines?
- The highest recorded value was 107.94 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Philippines?
- The lowest recorded value was 2.17 SLC in 1970.
- How does Philippines rank for value added deflator (manufacturing) — value standard local currency?
- Philippines ranks 166th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Philippines?
- Over the last ten years it is up 7.6%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).