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Philippines Dependency Ratio

Age dependency ratio (% of working-age population)  SP.POP.DPND

Philippines's dependency ratio was 48.84 in 2025, ranked 156th globally. This represents a 2.4% decrease from 2024. Data from World Bank, covering 1960–2025.

48.84 −1.22 (-2.4%)
Year 2025 Rank #156 Global Peak 105.65 (1963) Source World Bank

Philippines Dependency Ratio (1960–2025)

Overview

Philippines's dependency ratio stood at 48.84 in 2025, a decline of +1.22 from 2024. Based on recent trends, this figure is projected to reach 48.84 by 2025. Philippines ranked 156th globally.

The Philippines' dependency ratio has undergone significant changes over the past 66 years. Since its all-time peak of 105.65 in 1963, the country has experienced a notable decline, with the ratio reaching a low of 48.84 in 2025, making it the 156th globally. This trend contrasts with some of its peer countries, such as Peru, which has a slightly higher ratio of 48.95. The country's declining dependency ratio is largely due to a decrease in its youth population, with the percentage of the population below 15 years old decreasing from 43.71 in 1960 to 30.29 in 2025. This demographic shift has contributed to a more balanced age structure, which could have positive implications for the country's economic growth and development. However, the continued aging of the population and potential changes in fertility rates could alter the trajectory of the dependency ratio in the coming years, potentially leading to an increase in the ratio as the proportion of elderly individuals grows.

Data & projection

Year Dependency Ratio YoY change Rank
2027* trend 46.47 - -
2026* trend 47.65 - -
2025* trend 48.84 - -
2025 48.84 −1.22 #156
2024 50.06 −1.16 #66
2023 51.22 −1.16 #75
2022 52.37 −1.22 #87
2021 53.60 −1.22 #94
2020 54.82 −0.93 #108
2019 55.75 −0.75 #117
2018 56.50 −0.87 #130
2017 57.37 −1.04 #134
2016 58.40 −1.12 #137
2015 59.52 −0.94 #142
2014 60.46 −0.73 #143
2013 61.18 −0.84 #145
2012 62.03 −0.88 #147
2011 62.91 −0.89 #148
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.5% GDP growth 6.9% C/A balance 2.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw dependency ratio improve within 24 months. View full analysis →

Frequently Asked Questions

What is Philippines's dependency ratio?▾

Philippines's dependency ratio was 48.84 in 2025. Ranked 156th globally. This represents a 2.4% decrease from the previous year.

What was the highest dependency ratio in Philippines?▾

Philippines's dependency ratio peaked at 105.65 in 1963.

What was the lowest dependency ratio in Philippines?▾

The lowest dependency ratio in Philippines was 48.84 in 2025.

How does Philippines rank in dependency ratio?▾

Philippines ranks 156th globally in dependency ratio as of 2025.

What is the World Bank indicator code for dependency ratio?▾

The World Bank indicator code is SP.POP.DPND. Data sourced from World Bank.

What is the projected dependency ratio of Philippines in 2025?▾

Philippines's dependency ratio is projected to reach 48.84 by 2025 based on trend extrapolation.

What is the dependency ratio of Philippines in 2025?▾

The dependency ratio of Philippines in 2025 was 48.84. This ranks 156th in the world.

Cite this page

APA
Philippines Dependency Ratio. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/philippines/dependency-ratio/
BibTeX
@misc{historysaid_philippines_dependency-ratio, title = {Philippines Dependency Ratio}, url = {https://historysaid.com/philippines/dependency-ratio/}, publisher = {HistorySaid}, year = {2026} }
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