Philippines PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Philippines's ppp conversion factor was 19.22 in 2025, ranked 72nd globally. This represents a 0.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Philippines's ppp conversion factor stood at 19.22 in 2025, a decline of +0.14 from 2024. Based on recent trends, this figure is projected to reach 19.22 by 2025. Philippines ranked 72nd globally.
The Philippines' PPP Conversion Factor has shown gradual growth since its all-time trough in 1990, when it stood at 7.49, indicating relatively low purchasing power parity. The factor has been steadily increasing, peaking at 19.96 in 2018, before slightly declining to its current value of 19.22 in 2025. Despite this decline, the Philippines still ranks 72 globally, below its peer country Bhutan, which boasts a higher PPP Conversion Factor of 19.56. Since 1990, the Philippines has made significant strides in economic development, with the PPP Conversion Factor increasing by 157.2% over the 36-year period. The trend suggests that the country has been making consistent progress in improving its purchasing power parity, although the slight decline in 2025 may indicate a temporary slowdown. Sustained economic growth, particularly in sectors such as manufacturing and IT, would be crucial in continuing the upward trajectory of the Philippines' PPP Conversion Factor.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 19.16 | - | - |
| 2026* trend | 19.19 | - | - |
| 2025* trend | 19.22 | - | - |
| 2025 | 19.22 | −0.14 | #72 |
| 2024 | 19.36 | +0.09 | #120 |
| 2023 | 19.26 | +0.18 | #126 |
| 2022 | 19.08 | −0.30 | #128 |
| 2021 | 19.38 | −0.07 | #129 |
| 2020 | 19.44 | −0.30 | #131 |
| 2019 | 19.74 | −0.23 | #132 |
| 2018 | 19.96 | +0.27 | #133 |
| 2017 | 19.70 | +0.49 | #134 |
| 2016 | 19.20 | −0.00 | #135 |
| 2015 | 19.21 | +0.18 | #136 |
| 2014 | 19.03 | +0.50 | #137 |
| 2013 | 18.52 | +0.41 | #136 |
| 2012 | 18.12 | +0.02 | #137 |
| 2011 | 18.10 | +0.32 | #138 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's ppp conversion factor was 19.22 in 2025. Ranked 72nd globally. This represents a 0.7% decrease from the previous year.
Philippines's ppp conversion factor peaked at 19.96 in 2018.
The lowest ppp conversion factor in Philippines was 7.49 in 1990.
Philippines ranks 72nd globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Philippines's ppp conversion factor is projected to reach 19.22 by 2025 based on trend extrapolation.
The ppp conversion factor of Philippines in 2025 was 19.22. This ranks 72nd in the world.
Cite this page
@misc{historysaid_philippines_ppp-conversion-factor,
title = {Philippines PPP Conversion Factor},
url = {https://historysaid.com/philippines/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}