GDP deflator (base year varies by country), annual growth rate in Philippines
Philippines: GDP deflator (base year varies by country), annual growth rate was 2.91 % change on previous year in 2024. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator (base year varies by country), annual growth rate in Philippines stood at 2.91 % change on previous year.
That represents a change of down 36.7% on the previous year and down 4.6% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Philippines peaked at 52.96 % change on previous year in 1984 and was at its lowest, -0.7197 % change on previous year, in 2015.
That places Philippines 138th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.52 % change on previous year | — |
| 1972 | 6.58 % change on previous year | -54.7% |
| 1973 | 17.11 % change on previous year | +160.1% |
| 1974 | 32.89 % change on previous year | +92.2% |
| 1975 | 9.48 % change on previous year | -71.2% |
| 1976 | 8.38 % change on previous year | -11.6% |
| 1977 | 8.37 % change on previous year | -0.2% |
| 1978 | 9.36 % change on previous year | +11.8% |
| 1979 | 14.94 % change on previous year | +59.7% |
| 1980 | 14.23 % change on previous year | -4.7% |
| 1981 | 11.76 % change on previous year | -17.4% |
| 1982 | 8.64 % change on previous year | -26.5% |
| 1983 | 14.25 % change on previous year | +64.8% |
| 1984 | 52.96 % change on previous year | +271.7% |
| 1985 | 17.06 % change on previous year | -67.8% |
| 1986 | 2.89 % change on previous year | -83.0% |
| 1987 | 7.5 % change on previous year | +159.2% |
| 1988 | 9.76 % change on previous year | +30.2% |
| 1989 | 9.1 % change on previous year | -6.8% |
| 1990 | 12.96 % change on previous year | +42.4% |
| 1991 | 16.4 % change on previous year | +26.5% |
| 1992 | 7.88 % change on previous year | -51.9% |
| 1993 | 6.81 % change on previous year | -13.6% |
| 1994 | 10.06 % change on previous year | +47.7% |
| 1995 | 7.64 % change on previous year | -24.0% |
| 1996 | 7.69 % change on previous year | +0.6% |
| 1997 | 6.26 % change on previous year | -18.6% |
| 1998 | 10.41 % change on previous year | +66.2% |
| 1999 | 6.33 % change on previous year | -39.1% |
| 2000 | 5.82 % change on previous year | -8.2% |
| 2001 | 5.62 % change on previous year | -3.4% |
| 2002 | 4.23 % change on previous year | -24.7% |
| 2003 | 3.19 % change on previous year | -24.6% |
| 2004 | 5.89 % change on previous year | +84.5% |
| 2005 | 5.91 % change on previous year | +0.3% |
| 2006 | 5.11 % change on previous year | -13.5% |
| 2007 | 3.16 % change on previous year | -38.1% |
| 2008 | 7.18 % change on previous year | +126.9% |
| 2009 | 2.74 % change on previous year | -61.9% |
| 2010 | 4.37 % change on previous year | +59.6% |
| 2011 | 3.92 % change on previous year | -10.3% |
| 2012 | 1.99 % change on previous year | -49.1% |
| 2013 | 2.06 % change on previous year | +3.4% |
| 2014 | 3.05 % change on previous year | +48.1% |
| 2015 | -0.7197 % change on previous year | -123.6% |
| 2016 | 1.28 % change on previous year | -277.9% |
| 2017 | 2.32 % change on previous year | +81.2% |
| 2018 | 3.74 % change on previous year | +61.2% |
| 2019 | 0.697 % change on previous year | -81.4% |
| 2020 | 1.65 % change on previous year | +136.8% |
| 2021 | 2.28 % change on previous year | +38.3% |
| 2022 | 5.49 % change on previous year | +140.5% |
| 2023 | 4.6 % change on previous year | -16.2% |
| 2024 | 2.91 % change on previous year | -36.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.51 % change on previous year | 6.58 % change on previous year | 32.89 % change on previous year | 9 |
| 1980s | 14.82 % change on previous year | 2.89 % change on previous year | 52.96 % change on previous year | 10 |
| 1990s | 9.24 % change on previous year | 6.26 % change on previous year | 16.4 % change on previous year | 10 |
| 2000s | 4.89 % change on previous year | 2.74 % change on previous year | 7.18 % change on previous year | 10 |
| 2010s | 2.27 % change on previous year | -0.7197 % change on previous year | 4.37 % change on previous year | 10 |
| 2020s | 3.39 % change on previous year | 1.65 % change on previous year | 5.49 % change on previous year | 5 |
Countries ranked near Philippines
- 135 Spain 2.98 % change on previous year compare
- 136 Puerto Rico 2.98 % change on previous year compare
- 137 Afghanistan 2.92 % change on previous year compare
- 139 Japan 2.87 % change on previous year compare
- 140 North Macedonia 2.87 % change on previous year compare
- 141 Northern Mariana Islands 2.8 % change on previous year compare
More population data for Philippines
- Population regions with projections, annual growth rate -0.6532 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.167 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.6532 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0898 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 157,892 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.32 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6047 % change on previous year (2100)
- World population growth -0.7% (2100)
- Population density 383.08 people per km² (2100)
- Number of children under 5, by world region 5.22 million people (2100)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Philippines?
- Gdp deflator (base year varies by country), annual growth rate in Philippines was 2.91 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Philippines?
- The highest recorded value was 52.96 % change on previous year in 1984.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Philippines?
- The lowest recorded value was -0.7197 % change on previous year in 2015.
- How does Philippines rank for gdp deflator (base year varies by country), annual growth rate?
- Philippines ranks 138th out of 211 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Philippines?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.