Philippines
Inflation in Philippines
Inflation in Philippines: 18.2% a year in 1980 and 1.7% a year in 2025, by IMF estimates.
- Latest, 2025
- 1.7% a year
- Since 1980
- −16.5 percentage points
- Rank, 2025
- 126 of 179
- counting from the highest
- Projected, 2031
- 3% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 3% a year in 2031.
- The highest was 46.7% a year in 1984, the lowest -0.3% a year in 1986.
Every year
% a year · IMF
| Year | Philippines |
|---|---|
| 2025 | 1.7 |
| 2024 | 3.2 |
| 2023 | 6 |
| 2022 | 5.8 |
| 2021 | 3.9 |
| 2020 | 2.4 |
| 2019 | 2.4 |
| 2018 | 5.3 |
| 2017 | 2.9 |
| 2016 | 1.2 |
| 2015 | 0.7 |
| 2014 | 3.6 |
| 2013 | 2.6 |
| 2012 | 3.2 |
| 2011 | 4.7 |
| 2010 | 3.7 |
| 2009 | 4.2 |
| 2008 | 8.2 |
| 2007 | 2.9 |
| 2006 | 5.4 |
| 2005 | 6.6 |
| 2004 | 4.8 |
| 2003 | 2.2 |
| 2002 | 2.8 |
| 2001 | 5.4 |
| 2000 | 6.5 |
| 1999 | 6.2 |
| 1998 | 9.4 |
| 1997 | 5.6 |
| 1996 | 8.3 |
| 1995 | 6.9 |
| 1994 | 12.5 |
| 1993 | 6.8 |
| 1992 | 8.6 |
| 1991 | 19.4 |
| 1990 | 13.2 |
| 1989 | 11.4 |
| 1988 | 12.2 |
| 1987 | 3 |
| 1986 | -0.3 |
| 1985 | 23.2 |
| 1984 | 46.7 |
| 1983 | 5.3 |
| 1982 | 9 |
| 1981 | 13.1 |
| 1980 | 18.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Philippines |
|---|---|
| 2026 | 5.6 |
| 2027 | 4.1 |
| 2028 | 3.2 |
| 2029 | 3 |
| 2030 | 3 |
| 2031 | 3 |
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
Philippines in numbers
Every measure for Philippines on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending1.3% of GDP in 2025
- Military spending in US dollars$6.3B in 2025
- Military spending per person$55 in 2025
- Military share of state spending5.4% of government spending in 2025
- Armed forces personnel157,000 people in 2020
- National power0.68% of world capability in 2022
- Armed forces, share of workers0.37% of the labour force in 2020
- Arms imports846 million TIV in 2025
- Arms exports4 million TIV in 2007