GNI (current LCU), annual growth rate in Philippines
Philippines: GNI (current LCU), annual growth rate was 10.8 % change on previous year in 2024. ◆ Volatile
GNI (current LCU), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 10.8 % change on previous year for gni (current lcu), annual growth rate in 2024.
The figure is down 31.1% on the previous year and up 15.4% over ten years.
Over the whole period, gni (current lcu), annual growth rate in Philippines peaked at 39.5 % change on previous year in 1984 and was at its lowest, -10.06 % change on previous year, in 2020.
That places Philippines 57th out of 206 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.
GNI (current LCU), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.32 % change on previous year | — |
| 1972 | 12.14 % change on previous year | -43.0% |
| 1973 | 27.91 % change on previous year | +129.8% |
| 1974 | 38.31 % change on previous year | +37.3% |
| 1975 | 14.99 % change on previous year | -60.9% |
| 1976 | 17.23 % change on previous year | +14.9% |
| 1977 | 15.18 % change on previous year | -11.9% |
| 1978 | 15.16 % change on previous year | -0.1% |
| 1979 | 21.14 % change on previous year | +39.5% |
| 1980 | 19.6 % change on previous year | -7.3% |
| 1981 | 15.46 % change on previous year | -21.1% |
| 1982 | 11.32 % change on previous year | -26.8% |
| 1983 | 16.65 % change on previous year | +47.1% |
| 1984 | 39.5 % change on previous year | +137.2% |
| 1985 | 9.44 % change on previous year | -76.1% |
| 1986 | 6.37 % change on previous year | -32.5% |
| 1987 | 12.95 % change on previous year | +103.3% |
| 1988 | 17.62 % change on previous year | +36.1% |
| 1989 | 15.54 % change on previous year | -11.8% |
| 1990 | 18.35 % change on previous year | +18.1% |
| 1991 | 17.15 % change on previous year | -6.6% |
| 1992 | 9.82 % change on previous year | -42.7% |
| 1993 | 9.7 % change on previous year | -1.2% |
| 1994 | 16.05 % change on previous year | +65.4% |
| 1995 | 12.87 % change on previous year | -19.8% |
| 1996 | 14.79 % change on previous year | +15.0% |
| 1997 | 13.4 % change on previous year | -9.4% |
| 1998 | 19.24 % change on previous year | +43.6% |
| 1999 | 9.33 % change on previous year | -51.5% |
| 2000 | 6.61 % change on previous year | -29.2% |
| 2001 | 8.99 % change on previous year | +36.0% |
| 2002 | 8.06 % change on previous year | -10.3% |
| 2003 | 8.32 % change on previous year | +3.2% |
| 2004 | 12.76 % change on previous year | +53.4% |
| 2005 | 11.58 % change on previous year | -9.2% |
| 2006 | 10.13 % change on previous year | -12.5% |
| 2007 | 9.67 % change on previous year | -4.5% |
| 2008 | 12.23 % change on previous year | +26.5% |
| 2009 | 6.3 % change on previous year | -48.5% |
| 2010 | 11.7 % change on previous year | +85.5% |
| 2011 | 7.51 % change on previous year | -35.7% |
| 2012 | 9.27 % change on previous year | +23.3% |
| 2013 | 9.66 % change on previous year | +4.3% |
| 2014 | 9.36 % change on previous year | -3.1% |
| 2015 | 5.49 % change on previous year | -41.3% |
| 2016 | 8.21 % change on previous year | +49.4% |
| 2017 | 9.34 % change on previous year | +13.8% |
| 2018 | 9.95 % change on previous year | +6.5% |
| 2019 | 6.23 % change on previous year | -37.4% |
| 2020 | -10.06 % change on previous year | -261.4% |
| 2021 | 4.09 % change on previous year | -140.6% |
| 2022 | 16.03 % change on previous year | +292.3% |
| 2023 | 15.67 % change on previous year | -2.2% |
| 2024 | 10.8 % change on previous year | -31.1% |
Philippines compared with similar countries
- Philippines's 10.8 % change on previous year is above the median for upper middle income countries, which is 6.33 % change on previous year, 1.7× the median. (58 countries reporting)
- Philippines's 10.8 % change on previous year is above the median for East Asia & Pacific, which is 6.3 % change on previous year, 1.7× the median. (34 countries reporting)
Biggest year-on-year movements
Years where GNI (current LCU), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +292.3% | 4.09 % change on previous year | 16.03 % change on previous year |
| 2020 | -261.4% | 6.23 % change on previous year | -10.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.38 % change on previous year | 12.14 % change on previous year | 38.31 % change on previous year | 9 |
| 1980s | 16.45 % change on previous year | 6.37 % change on previous year | 39.5 % change on previous year | 10 |
| 1990s | 14.07 % change on previous year | 9.33 % change on previous year | 19.24 % change on previous year | 10 |
| 2000s | 9.47 % change on previous year | 6.3 % change on previous year | 12.76 % change on previous year | 10 |
| 2010s | 8.67 % change on previous year | 5.49 % change on previous year | 11.7 % change on previous year | 10 |
| 2020s | 7.31 % change on previous year | -10.06 % change on previous year | 16.03 % change on previous year | 5 |
Countries ranked near Philippines
- 54 Tunisia 11.04 % change on previous year compare
- 55 Antigua and Barbuda 10.96 % change on previous year compare
- 56 Uganda 10.9 % change on previous year compare
- 58 Singapore 10.59 % change on previous year compare
- 59 Nicaragua 10.59 % change on previous year compare
- 60 Tuvalu 10.47 % 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 gni (current lcu), annual growth rate in Philippines?
- Gni (current lcu), annual growth rate in Philippines was 10.8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (current lcu), annual growth rate recorded in Philippines?
- The highest recorded value was 39.5 % change on previous year in 1984.
- What is the lowest gni (current lcu), annual growth rate recorded in Philippines?
- The lowest recorded value was -10.06 % change on previous year in 2020.
- How does Philippines rank for gni (current lcu), annual growth rate?
- Philippines ranks 57th out of 206 countries with data for 2024.
- Is gni (current lcu), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 15.4%. 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 GNI (current LCU), 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 GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI 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 GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.