Philippines — Inflation
Inflation, Consumer Prices (Annual %) for Philippines, 1960–2025.
Latest value · 2025
1.66%
Inflation, Consumer Prices (Annual %) · annual % · -60.1% since 1960
Inflation for Philippines was 1.66% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 50.34% in 1984. The lowest was 0.67% in 2015 (about 2.5× the low point). Across that span the compound annual growth rate works out to -1.40% per year.
Philippines ranks 136 of 187 economies on this measure (1 = highest), putting it in the top 73%. The median for East Asia & Pacific is 2.21%, so Philippines sits below it. It peaked in 1984 and has fallen 97% since. Over the last decade (2015–2025) the figure moved up 146%.
Key figures
Latest (2025)
1.66%
First (1960)
4.15%
Change
-60.1%
Highest
50.34%
in 1984
Lowest
0.67%
in 2015
Average
8.15%
Annual growth (CAGR)
-1.40%
Years of data
66
Recent years
| Year | annual % |
|---|---|
| 2025 | 1.66% |
| 2024 | 3.21% |
| 2023 | 5.98% |
| 2022 | 5.82% |
| 2021 | 3.93% |
| 2020 | 2.39% |
| 2019 | 2.39% |
| 2018 | 5.31% |
| 2017 | 2.85% |
| 2016 | 1.25% |
| 2015 | 0.67% |
| 2014 | 3.6% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.