Philippines GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Philippines's gdp deflator was 4.84% in 2025, ranked 120th globally. This represents a 66.1% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Philippines's gdp deflator stood at 4.84% in 2025, a rise of +1.93pp from 2024. Based on recent trends, this figure is projected to reach 4.84% by 2025. Philippines ranked 120th globally.
The Philippines' GDP deflator has experienced significant fluctuations over the 65-year period, from a minimum of -0.72% in 2015 to a maximum of 52.96% in 1984. This inflationary peak was a notable event, occurring during a period of economic boom in the country. In contrast, the 2015 trough indicates a period of deflation, a rare occurrence in most economies. As of 2025, the GDP deflator stands at 4.84%, ranking the Philippines 120th globally. For context, Equatorial Guinea, a country with similar economic characteristics, has a GDP deflator of 4.87%, while Tunisia, with a more diversified economy, has a GDP deflator of 5.01%. The relatively stable inflation rate in the Philippines since the 1980s suggests a gradual decrease in price pressures. However, a potential shift in global economic conditions or domestic policy changes could alter this trajectory and influence the country's inflation dynamics.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.81% | - | - |
| 2026* trend | 5.33% | - | - |
| 2025* trend | 4.84% | - | - |
| 2025 | 4.84% | +1.93pp | #120 |
| 2024 | 2.91% | −1.69pp | #68 |
| 2023 | 4.60% | −0.89pp | #93 |
| 2022 | 5.49% | +3.21pp | #68 |
| 2021 | 2.28% | +0.63pp | #46 |
| 2020 | 1.65% | +0.95pp | #96 |
| 2019 | 0.70% | −3.04pp | #46 |
| 2018 | 3.74% | +1.42pp | #129 |
| 2017 | 2.32% | +1.04pp | #92 |
| 2016 | 1.28% | +2.00pp | #79 |
| 2015 | -0.72% | −3.77pp | #37 |
| 2014 | 3.05% | +0.99pp | #130 |
| 2013 | 2.06% | +0.07pp | #101 |
| 2012 | 1.99% | −1.92pp | #63 |
| 2011 | 3.92% | −0.45pp | #86 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's gdp deflator was 4.84% in 2025. Ranked 120th globally. This represents a 66.1% increase from the previous year.
Philippines's gdp deflator peaked at 52.96% in 1984.
The lowest gdp deflator in Philippines was -0.72% in 2015.
Philippines ranks 120th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Philippines's gdp deflator is projected to reach 4.84% by 2025 based on trend extrapolation.
The gdp deflator of Philippines in 2025 was 4.84%. This ranks 120th in the world.
Cite this page
@misc{historysaid_philippines_gdp-deflator,
title = {Philippines GDP Deflator},
url = {https://historysaid.com/philippines/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}