Inflation, GDP deflator: linked series in Philippines

Philippines: Inflation, GDP deflator: linked series was 1.4% in 2025. ◆ Volatile

Latest (2025)
1.4%
Change on year
down 50.6%
World rank
167th
of 212 countries
All-time high
16.4%
in 1991
All-time low
-0.7%
in 2015
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in Philippines, 1990–2025

0510151990200720251990: 13 annual %1991: 16.4 annual %1992: 7.9 annual %1993: 6.8 annual %1994: 10.1 annual %1995: 7.6 annual %1996: 7.7 annual %1997: 6.3 annual %1998: 10.5 annual %1999: 6.3 annual %2000: 5.8 annual %2001: 5.6 annual %2002: 4.2 annual %2003: 3.2 annual %2004: 5.9 annual %2005: 5.9 annual %2006: 5.1 annual %2007: 3.2 annual %2008: 7.2 annual %2009: 2.7 annual %2010: 4.4 annual %2011: 3.9 annual %2012: 2 annual %2013: 2.1 annual %2014: 3.1 annual %2015: -0.72 annual %2016: 1.3 annual %2017: 2.3 annual %2018: 3.7 annual %2019: 0.697 annual %2020: 1.7 annual %2021: 2.3 annual %2022: 5.5 annual %2023: 4.6 annual %2024: 2.9 annual %2025: 1.4 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator: linked series in Philippines stood at 1.4%.

Compared with earlier readings it is down 50.6% on the previous year and up 299.3% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Philippines peaked at 16.4% in 1991 and was at its lowest, -0.7%, in 2015.

That places Philippines 167th out of 212 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series in Philippines, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Philippines, 1990 to 2025.
Year annual % Change
1990 13.0%
1991 16.4% +26.5%
1992 7.9% -51.9%
1993 6.8% -13.6%
1994 10.1% +47.7%
1995 7.6% -24.0%
1996 7.7% +0.6%
1997 6.3% -18.6%
1998 10.5% +67.1%
1999 6.3% -39.4%
2000 5.8% -8.2%
2001 5.6% -3.4%
2002 4.2% -24.7%
2003 3.2% -24.6%
2004 5.9% +84.5%
2005 5.9% +0.3%
2006 5.1% -13.5%
2007 3.2% -38.1%
2008 7.2% +126.9%
2009 2.7% -61.9%
2010 4.4% +59.6%
2011 3.9% -10.3%
2012 2.0% -49.1%
2013 2.1% +3.4%
2014 3.1% +48.1%
2015 -0.7% -123.6%
2016 1.3% -277.9%
2017 2.3% +81.2%
2018 3.7% +61.2%
2019 0.7% -81.4%
2020 1.7% +136.8%
2021 2.3% +38.3%
2022 5.5% +140.5%
2023 4.6% -16.2%
2024 2.9% -36.9%
2025 1.4% -50.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.2% 6.3% 16.4% 10
2000s 4.9% 2.7% 7.2% 10
2010s 2.3% -0.7% 4.4% 10
2020s 3.1% 1.4% 5.5% 6

Countries ranked near Philippines

  1. 164 Ecuador 1.5% compare
  2. 165 Finland 1.5% compare
  3. 166 Albania 1.4% compare
  4. 168 Norway 1.4% compare
  5. 169 El Salvador 1.3% compare
  6. 170 Sweden 1.2% compare

See the full ranking of 213 places →

More financial sector data for Philippines

All data for Philippines →

Frequently asked questions

What is inflation, gdp deflator: linked series in Philippines?
Inflation, gdp deflator: linked series in Philippines was 1.4% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Philippines?
The highest recorded value was 16.4% in 1991.
What is the lowest inflation, gdp deflator: linked series recorded in Philippines?
The lowest recorded value was -0.7% in 2015.
How does Philippines rank for inflation, gdp deflator: linked series?
Philippines ranks 167th out of 212 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Philippines?
Over the last ten years it is up 299.3%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in Philippines. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 24 August 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/philippines/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 7,277 data points, 1990–2025
Last refreshed

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. 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.