Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Philippines
Philippines: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 88.29 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Philippines, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, value added deflator (manufacturing) — value us$, 2015 prices in Philippines stood at 88.29 USD.
Compared with earlier readings it is up 0.4% on the previous year and down 17.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Philippines peaked at 108.31 USD in 2012 and was at its lowest, 16.72 USD, in 1970.
Philippines ranks 204th of 222 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Philippines, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 16.72 USD | — |
| 1971 | 18.07 USD | +8.1% |
| 1972 | 18.93 USD | +4.8% |
| 1973 | 20.77 USD | +9.7% |
| 1974 | 26.68 USD | +28.5% |
| 1975 | 28.51 USD | +6.9% |
| 1976 | 30.84 USD | +8.2% |
| 1977 | 33.38 USD | +8.2% |
| 1978 | 36.98 USD | +10.8% |
| 1979 | 41.51 USD | +12.3% |
| 1980 | 48.01 USD | +15.6% |
| 1981 | 51.67 USD | +7.6% |
| 1982 | 52.27 USD | +1.2% |
| 1983 | 45.76 USD | -12.5% |
| 1984 | 48.35 USD | +5.6% |
| 1985 | 49.63 USD | +2.7% |
| 1986 | 46.32 USD | -6.7% |
| 1987 | 49.69 USD | +7.3% |
| 1988 | 53.34 USD | +7.3% |
| 1989 | 55.75 USD | +4.5% |
| 1990 | 56.72 USD | +1.7% |
| 1991 | 58.75 USD | +3.6% |
| 1992 | 66.84 USD | +13.8% |
| 1993 | 67 USD | +0.2% |
| 1994 | 74.29 USD | +10.9% |
| 1995 | 80.04 USD | +7.7% |
| 1996 | 84.46 USD | +5.5% |
| 1997 | 79.2 USD | -6.2% |
| 1998 | 62.17 USD | -21.5% |
| 1999 | 69.66 USD | +12.0% |
| 2000 | 63.3 USD | -9.1% |
| 2001 | 58.21 USD | -8.0% |
| 2002 | 59.51 USD | +2.2% |
| 2003 | 58.34 USD | -2.0% |
| 2004 | 59.12 USD | +1.3% |
| 2005 | 63.48 USD | +7.4% |
| 2006 | 72.02 USD | +13.5% |
| 2007 | 83.1 USD | +15.4% |
| 2008 | 92.46 USD | +11.3% |
| 2009 | 87.46 USD | -5.4% |
| 2010 | 97.07 USD | +11.0% |
| 2011 | 104.16 USD | +7.3% |
| 2012 | 108.31 USD | +4.0% |
| 2013 | 107.55 USD | -0.7% |
| 2014 | 105.41 USD | -2.0% |
| 2015 | 100 USD | -5.1% |
| 2016 | 95.67 USD | -4.3% |
| 2017 | 90.87 USD | -5.0% |
| 2018 | 89.38 USD | -1.6% |
| 2019 | 90.71 USD | +1.5% |
| 2020 | 92.05 USD | +1.5% |
| 2021 | 92 USD | -0.1% |
| 2022 | 87.93 USD | -4.4% |
| 2023 | 88.29 USD | +0.4% |
Philippines compared with similar countries
- Philippines's 88.29 USD is below the median for upper middle income countries, which is 118.14 USD, 75% of the median. (51 countries reporting)
- Philippines's 88.29 USD is below the median for East Asia & Pacific, which is 111.12 USD, 79% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.24 USD | 16.72 USD | 41.51 USD | 10 |
| 1980s | 50.08 USD | 45.76 USD | 55.75 USD | 10 |
| 1990s | 69.91 USD | 56.72 USD | 84.46 USD | 10 |
| 2000s | 69.7 USD | 58.21 USD | 92.46 USD | 10 |
| 2010s | 98.91 USD | 89.38 USD | 108.31 USD | 10 |
| 2020s | 90.07 USD | 87.93 USD | 92.05 USD | 4 |
Countries ranked near Philippines
- 201 Republic of Korea 91.47 USD compare
- 202 United Republic of Tanzania 90.78 USD compare
- 203 Myanmar 88.57 USD compare
- 205 Yugoslav SFR 88.08 USD compare
- 206 Pakistan 85.57 USD compare
- 207 USSR 84.74 USD compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
Frequently asked questions
- What is value added deflator (manufacturing) — value us$, 2015 prices in Philippines?
- Value added deflator (manufacturing) — value us$, 2015 prices in Philippines was 88.29 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Philippines?
- The highest recorded value was 108.31 USD in 2012.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Philippines?
- The lowest recorded value was 16.72 USD in 1970.
- How does Philippines rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Philippines ranks 204th out of 222 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Philippines?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is rising.
- 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 US$, 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).