Mexico vs Philippines
Mexico vs Philippines: Inflation
Inflation in 2025: 3.8% a year in Mexico and 1.7% a year in Philippines, by IMF estimates. In 2025 the value was higher in Mexico, by 2.2 percentage points, or 2.3 times that in Philippines.
% a year · IMF
What the numbers say
- Mexico has been higher since 2024, when it overtook Philippines.
- In 2025, Mexico ranked 62 and Philippines ranked 126 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Mexico at 3% a year and Philippines at 3% a year in 2031.
Every year
% a year · IMF
| Year | Mexico | Philippines |
|---|---|---|
| 2025 | 3.8 | 1.7 |
| 2024 | 4.7 | 3.2 |
| 2023 | 5.5 | 6 |
| 2022 | 7.9 | 5.8 |
| 2021 | 5.7 | 3.9 |
| 2020 | 3.4 | 2.4 |
| 2019 | 3.6 | 2.4 |
| 2018 | 4.9 | 5.3 |
| 2017 | 6 | 2.9 |
| 2016 | 2.8 | 1.2 |
| 2015 | 2.7 | 0.7 |
| 2014 | 4 | 3.6 |
| 2013 | 3.8 | 2.6 |
| 2012 | 4.1 | 3.2 |
| 2011 | 3.4 | 4.7 |
| 2010 | 4.2 | 3.7 |
| 2009 | 5.3 | 4.2 |
| 2008 | 5.1 | 8.2 |
| 2007 | 4 | 2.9 |
| 2006 | 3.6 | 5.4 |
| 2005 | 4 | 6.6 |
| 2004 | 4.7 | 4.8 |
| 2003 | 4.6 | 2.2 |
| 2002 | 5 | 2.8 |
| 2001 | 6.4 | 5.4 |
| 2000 | 9.5 | 6.5 |
| 1999 | 16.6 | 6.2 |
| 1998 | 15.9 | 9.4 |
| 1997 | 20.6 | 5.6 |
| 1996 | 34.4 | 8.3 |
| 1995 | 35.1 | 6.9 |
| 1994 | 7 | 12.5 |
| 1993 | 9.8 | 6.8 |
| 1992 | 15.5 | 8.6 |
| 1991 | 22.6 | 19.4 |
| 1990 | 26.7 | 13.2 |
| 1989 | 19.9 | 11.4 |
| 1988 | 113.5 | 12.2 |
| 1987 | 132 | 3 |
| 1986 | 86.5 | -0.3 |
| 1985 | 57.8 | 23.2 |
| 1984 | 65.4 | 46.7 |
| 1983 | 101.8 | 5.3 |
| 1982 | 59.1 | 9 |
| 1981 | 28 | 13.1 |
| 1980 | 26.5 | 18.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mexico | Philippines |
|---|---|---|
| 2026 | 3.8 | 5.6 |
| 2027 | 3.6 | 4.1 |
| 2028 | 3.1 | 3.2 |
| 2029 | 3 | 3 |
| 2030 | 3 | 3 |
| 2031 | 3 | 3 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Mexico vs Philippines
Health
- Life expectancyMexico: 75.1 years in 2023Philippines: 69.8 years in 2023
- Child mortalityMexico: 1.3 per 100 live births in 2024Philippines: 2.7 per 100 live births in 2024
- Infant mortalityMexico: 10.4 per 1,000 live births in 2023Philippines: 20.7 per 1,000 live births in 2023
- Safe drinking waterMexico: 43% in 2022Philippines: 47.9% in 2022
- DepressionMexico: 2.79% in 2017Philippines: 2.77% in 2017
- Suicide rateMexico: 5.9 per 100,000 people in 2017Philippines: 6 per 100,000 people in 2017
People
- PopulationMexico: 130 million people in 2023Philippines: 115 million people in 2023
- Population growthMexico: 0.88% a year in 2023Philippines: 0.84% a year in 2023
- Fertility rateMexico: 1.91 births per woman in 2023Philippines: 1.92 births per woman in 2023
- Urban populationMexico: 80% in 2025Philippines: 55.8% in 2025
- Median ageMexico: 28.9 years in 2023Philippines: 25.3 years in 2023
- People aged 65 and overMexico: 8% in 2023Philippines: 5.3% in 2023
- Net migration rateMexico: -0.8 per 1,000 people in 2023Philippines: -1.4 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingMexico: 0.74% of GDP in 2025Philippines: 1.3% of GDP in 2025
- Military spending in US dollarsMexico: $13.8B in 2025Philippines: $6.3B in 2025
- Military spending per personMexico: $104 in 2025Philippines: $55 in 2025
- Military share of state spendingMexico: 2.5% of government spending in 2025Philippines: 5.4% of government spending in 2025
- Armed forces personnelMexico: 341,000 people in 2020Philippines: 157,000 people in 2020
- National powerMexico: 1.14% of world capability in 2022Philippines: 0.68% of world capability in 2022
- Armed forces, share of workersMexico: 0.64% of the labour force in 2020Philippines: 0.37% of the labour force in 2020
- Arms importsMexico: 9 million TIV in 2025Philippines: 846 million TIV in 2025
- Arms exportsMexico: 1 million TIV in 2019Philippines: 4 million TIV in 2007