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Philippines Inflation Rate 2020s

Name: Philippines Inflation Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

3.82% decade average (2020-2029)

Philippines's inflation rate during the 2020s ranged from 1.61% (2025) to 5.98% (2023), averaging 3.82% over 6 years of data.

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2020s Data▾

Year	Value	Change	Rank
2020	2.39%	+0.00pp	107th
2021	3.93%	+1.53pp	110th
2022	5.82%	+1.89pp	60th
2023	5.98%	+0.16pp	104th
2024	3.21%	−2.77pp	104th
2025	1.61%	−1.60pp	153rd