Annual Inflation Visualization (Philippines)

Source: World Bank (1961-2023)

8.10% Historical average
52.96% Maximum recorded
-0.72% Minimum recorded
63 Years of data

Historical Inflation Calculator for Philippines

Calculate how the value of money has changed between two specific years in Philippines.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Philippines

Year Inflation (%) Change
2023 4.60% -0.89pp
2022 5.49% +3.21pp
2021 2.28% +0.63pp
2020 1.65% +0.95pp
2019 0.70% -3.04pp
2018 3.74% +1.42pp
2017 2.32% +1.04pp
2016 1.28% +2.00pp
2015 -0.72% -3.77pp
2014 3.05% +0.99pp
2013 2.06% +0.07pp
2012 1.99% -1.92pp
2011 3.92% -0.45pp
2010 4.37% +1.63pp
2009 2.74% -4.44pp
2008 7.18% +4.01pp
2007 3.16% -1.95pp
2006 5.11% -0.80pp
2005 5.91% +0.02pp
2004 5.89% +2.70pp
2003 3.19% -1.04pp
2002 4.23% -1.39pp
2001 5.62% -0.20pp
2000 5.82% -0.52pp
1999 6.33% -4.07pp
1998 10.41% +4.15pp
1997 6.26% -1.43pp
1996 7.69% +0.05pp
1995 7.64% -2.42pp
1994 10.06% +3.25pp
1993 6.81% -1.07pp
1992 7.88% -8.51pp
1991 16.40% +3.44pp
1990 12.96% +3.86pp
1989 9.10% -0.66pp
1988 9.76% +2.26pp
1987 7.50% +4.61pp
1986 2.89% -14.17pp
1985 17.06% -35.90pp
1984 52.96% +38.71pp
1983 14.25% +5.60pp
1982 8.64% -3.12pp
1981 11.76% -2.47pp
1980 14.23% -0.71pp
1979 14.94% +5.58pp
1978 9.36% +0.99pp
1977 8.37% -0.02pp
1976 8.38% -1.10pp
1975 9.48% -23.41pp
1974 32.89% +15.78pp
1973 17.11% +10.53pp
1972 6.58% -7.94pp
1971 14.52% -0.78pp
1970 15.30% +9.39pp
1969 5.91% -0.48pp
1968 6.39% +4.27pp
1967 2.12% -3.25pp
1966 5.37% +1.48pp
1965 3.89% -0.69pp
1964 4.58% -4.33pp
1963 8.91% +2.18pp
1962 6.73% +3.61pp
1961 3.12% -

About Philippines inflation

Philippines inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Philippines inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Philippines inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Philippines?
According to the latest available World Bank data, Philippines inflation in 2023 was 4.60%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Philippines?
To calculate cumulative inflation in Philippines, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Philippines?
You can check Philippines's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1961 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Philippines.
What is the historical average inflation in Philippines?
The historical average inflation in Philippines can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1961-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Philippines inflation data is based on the official CPI.