Philippines — Inflation
Inflation, Consumer Prices (Annual %) for Philippines, 1960–2025.
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%. Within East Asia & Pacific it ranks 17 of 28 economies; Hong Kong SAR, China (1.44%) is just below it. Its sharpest one-year move was up 635% in 1970. That is 49% below this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1970; grown tenfold by 1984.
World ranking. Slipped: 16th of 63 in 1960 → 5th of 92 in 1970 → 31st of 106 in 1980 → 46th of 131 in 1990 → 73rd of 163 in 2000 → 82nd of 186 in 2010 → 82nd of 178 in 2020 → 120th of 169 in 2025.
Key figures
Full history — 1960 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 1.66% | -1.6 pp |
| 2024 | 3.21% | -2.8 pp |
| 2023 | 5.98% | +0.2 pp |
| 2022 | 5.82% | +1.9 pp |
| 2021 | 3.93% | +1.5 pp |
| 2020 | 2.39% | +0.0 pp |
| 2019 | 2.39% | -2.9 pp |
| 2018 | 5.31% | +2.5 pp |
| 2017 | 2.85% | +1.6 pp |
| 2016 | 1.25% | +0.6 pp |
| 2015 | 0.67% | -2.9 pp |
| 2014 | 3.6% | +1.0 pp |
| 2013 | 2.58% | -0.4 pp |
| 2012 | 3.03% | -1.7 pp |
| 2011 | 4.72% | +0.9 pp |
| 2010 | 3.79% | -0.4 pp |
| 2009 | 4.22% | -4.0 pp |
| 2008 | 8.26% | +5.4 pp |
| 2007 | 2.9% | -2.6 pp |
| 2006 | 5.49% | -1.0 pp |
| 2005 | 6.52% | +1.7 pp |
| 2004 | 4.83% | +2.5 pp |
| 2003 | 2.29% | -0.4 pp |
| 2002 | 2.72% | -2.6 pp |
| 2001 | 5.35% | +1.4 pp |
| 2000 | 3.98% | -2.0 pp |
| 1999 | 5.94% | -3.3 pp |
| 1998 | 9.23% | +3.6 pp |
| 1997 | 5.59% | -1.9 pp |
| 1996 | 7.48% | +0.6 pp |
| 1995 | 6.83% | -3.6 pp |
| 1994 | 10.39% | +3.7 pp |
| 1993 | 6.72% | -1.9 pp |
| 1992 | 8.65% | -10.6 pp |
| 1991 | 19.26% | +7.1 pp |
| 1990 | 12.18% | -0.1 pp |
| 1989 | 12.24% | -1.6 pp |
| 1988 | 13.86% | +9.8 pp |
| 1987 | 4.07% | +2.9 pp |
| 1986 | 1.15% | -22.0 pp |
| 1985 | 23.1% | -27.2 pp |
| 1984 | 50.34% | +40.3 pp |
| 1983 | 10.03% | -0.2 pp |
| 1982 | 10.22% | -2.9 pp |
| 1981 | 13.08% | -5.1 pp |
| 1980 | 18.2% | +0.7 pp |
| 1979 | 17.53% | +10.2 pp |
| 1978 | 7.33% | -2.6 pp |
| 1977 | 9.9% | +0.7 pp |
| 1976 | 9.2% | +2.4 pp |
| 1975 | 6.76% | -27.4 pp |
| 1974 | 34.16% | +17.6 pp |
| 1973 | 16.58% | +8.4 pp |
| 1972 | 8.2% | -13.2 pp |
| 1971 | 21.4% | +7.0 pp |
| 1970 | 14.38% | +12.4 pp |
| 1969 | 1.96% | -0.4 pp |
| 1968 | 2.36% | -3.9 pp |
| 1967 | 6.25% | +0.9 pp |
| 1966 | 5.4% | +2.8 pp |
| 1965 | 2.56% | -5.6 pp |
| 1964 | 8.18% | +2.6 pp |
| 1963 | 5.63% | -0.2 pp |
| 1962 | 5.8% | +4.2 pp |
| 1961 | 1.6% | -2.6 pp |
| 1960 | 4.15% | — |
Frequently asked questions
What was Philippines’s Inflation in 1961?
1.6% (1961). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Philippines’s Inflation growing or shrinking?
Between 1960 and 2025 the series was shrinking overall: -60.1% in total — about 1.4% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 1.66%; 2024: 3.21%; 2023: 5.98%; 2022: 5.82%; 2021: 3.93%. Earlier years are in the full-history table below.
Related data
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.