Philippines - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Philippines was 2.64 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 50.34 in 1984 and a minimum value of 0.67 in 2015.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 4.15
1961 1.60
1962 5.80
1963 5.63
1964 8.18
1965 2.56
1966 5.40
1967 6.25
1968 2.36
1969 1.96
1970 14.38
1971 21.40
1972 8.20
1973 16.58
1974 34.16
1975 6.76
1976 9.20
1977 9.90
1978 7.33
1979 17.53
1980 18.20
1981 13.08
1982 10.22
1983 10.03
1984 50.34
1985 23.10
1986 1.15
1987 4.07
1988 13.86
1989 12.24
1990 12.18
1991 19.26
1992 8.65
1993 6.72
1994 10.39
1995 6.83
1996 7.48
1997 5.59
1998 9.23
1999 5.94
2000 3.98
2001 5.35
2002 2.72
2003 2.29
2004 4.83
2005 6.52
2006 5.49
2007 2.90
2008 8.26
2009 4.22
2010 3.79
2011 4.72
2012 3.03
2013 2.58
2014 3.60
2015 0.67
2016 1.25
2017 2.85
2018 5.21
2019 2.48
2020 2.64

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Philippines was 1.64 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 52.96 in 1984 and a minimum value of -0.72 in 2015.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 3.12
1962 6.73
1963 8.91
1964 4.58
1965 3.89
1966 5.37
1967 2.12
1968 6.39
1969 5.91
1970 15.30
1971 14.52
1972 6.58
1973 17.11
1974 32.89
1975 9.48
1976 8.38
1977 8.37
1978 9.36
1979 14.94
1980 14.23
1981 11.76
1982 8.64
1983 14.25
1984 52.96
1985 17.06
1986 2.89
1987 7.50
1988 9.76
1989 9.10
1990 12.96
1991 16.40
1992 7.88
1993 6.81
1994 10.06
1995 7.64
1996 7.69
1997 6.26
1998 10.41
1999 6.33
2000 5.82
2001 5.62
2002 4.23
2003 3.19
2004 5.89
2005 5.91
2006 5.11
2007 3.16
2008 7.18
2009 2.74
2010 4.37
2011 3.92
2012 1.99
2013 2.06
2014 3.05
2015 -0.72
2016 1.28
2017 2.32
2018 3.74
2019 0.70
2020 1.64

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Philippines was 1.64 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 16.40 in 1991 and -0.72 in 2015.

Definition: 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 12.96
1991 16.40
1992 7.88
1993 6.81
1994 10.06
1995 7.64
1996 7.69
1997 6.26
1998 10.46
1999 6.33
2000 5.82
2001 5.62
2002 4.23
2003 3.19
2004 5.89
2005 5.91
2006 5.11
2007 3.16
2008 7.18
2009 2.74
2010 4.37
2011 3.92
2012 1.99
2013 2.06
2014 3.05
2015 -0.72
2016 1.28
2017 2.32
2018 3.74
2019 0.70
2020 1.64

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices