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Philippines · Inflation rate

Philippines Inflation rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31

Latest · 20251.66%
Previous · 20243.21%
Highest · 198450.34%
Lowest · 20150.6742%

Philippines's inflation rate stands at 1.66% as of 2025-12-31, down from 3.21% in 2024. Historical data runs from 1960 to 2025 (66 observations).

Recent trend

In 2025, Philippines's inflation rate was 1.66%, down from 3.21% in 2024.

In 2024, Philippines's inflation rate was 3.21%, down from 5.98% in 2023.

In 2023, Philippines's inflation rate was 5.98%, up from 5.82% in 2022.

In 2022, Philippines's inflation rate was 5.82%, up from 3.93% in 2021.

In 2021, Philippines's inflation rate was 3.93%, up from 2.39% in 2020.

Philippines Inflation rate — historical data

YearValueChange
20251.66%-1.55%
20243.21%-2.77%
20235.98%+0.1569%
20225.82%+1.89%
20213.93%+1.53%
20202.39%+0.0011%
20192.39%-2.92%
20185.31%+2.46%
20172.85%+1.6%
20161.25%+0.5795%
20150.6742%-2.92%
20143.6%+1.02%
20132.58%-0.4443%
20123.03%-1.69%
20114.72%+0.9286%
20103.79%-0.4292%
20094.22%-4.04%
20088.26%+5.36%
20072.9%-2.59%
20065.49%-1.03%
20056.52%+1.69%
20044.83%+2.54%
20032.29%-0.4336%
20022.72%-2.62%
20015.35%+1.37%
20003.98%-1.96%
19995.94%-3.3%
19989.23%+3.64%
19975.59%-1.89%
19967.48%+0.6441%
19956.83%-3.55%
199410.39%+3.67%
19936.72%-1.93%
19928.65%-10.61%
199119.26%+7.08%
199012.18%-0.0656%
198912.24%-1.62%
198813.86%+9.79%
19874.07%+2.92%
19861.15%-21.95%
198523.1%-27.24%
198450.34%+40.31%
198310.03%-0.1924%
198210.22%-2.86%
198113.08%-5.12%
198018.2%+0.6672%
197917.53%+10.2%
19787.33%-2.56%
19779.9%+0.6995%
19769.2%+2.44%
19756.76%-27.4%
197434.16%+17.58%
197316.58%+8.38%
19728.2%-13.2%
197121.4%+7.02%
197014.38%+12.43%
19691.96%-0.4033%
19682.36%-3.9%
19676.25%+0.854%
19665.4%+2.84%
19652.56%-5.62%
19648.18%+2.56%
19635.63%-0.1711%
19625.8%+4.2%
19611.6%-2.56%
19604.15%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Philippines data

Frequently asked questions

What is Philippines's inflation rate?

Philippines's inflation rate is 1.66% as of 2025-12-31, compared with 3.21% in 2024. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest inflation rate in Philippines?

The highest recorded value is 50.34% (1984); the lowest is 0.6742% (2015), across data from 1960 to 2025.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.