Development of inflation rates in the Philippines

The inflation rate in the Philippines moved over the past years between 1.1% and 50.3%. For 2016, an inflation rate of 1.8% was calculated.

During the observation period from 1980 to 2016, the average inflation rate was 8.8% per year. Overall, the price increase was 1,792.74 %. An item that cost 100 Peso in 1979 was 2016 so charged 1,892.74 Peso.

In only a very few countries, the price increase is that high. The rate of 50.3% in 1984 means, that compared to the previous year all prices have been increased by an average of 50.3%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

Back to overview: Philippines

Inflation developments of the past 36 years compared to the European Union

Performance based on 100% in 1979.

Philippines European Union

Jahr	Philippines	Ø European Union
1980	18.20 %	13.52 %
1981	13.08 %	12.01 %
1982	10.22 %	9.57 %
1983	10.03 %	8.67 %
1984	50.34 %	7.67 %
1985	23.10 %	5.83 %
1986	1.15 %	3.72 %
1987	4.07 %	3.99 %
1988	13.86 %	4.55 %
1989	12.24 %	5.73 %
1990	12.18 %	6.30 %
1991	19.26 %	5.94 %
1992	8.65 %	5.08 %
1993	6.72 %	4.61 %
1994	10.39 %	4.71 %
1995	6.83 %	4.27 %
1996	7.48 %	3.34 %
1997	5.59 %	2.65 %
1998	9.23 %	2.41 %
1999	5.94 %	2.17 %
2000	3.98 %	3.16 %
2001	5.35 %	3.15 %
2002	2.72 %	2.31 %
2003	2.29 %	2.10 %
2004	4.83 %	2.26 %
2005	6.52 %	2.48 %
2006	5.49 %	2.60 %
2007	2.90 %	2.63 %
2008	8.26 %	4.20 %
2009	4.22 %	0.95 %
2010	3.79 %	1.67 %
2011	4.65 %	3.31 %
2012	3.17 %	2.72 %
2013	3.00 %	1.39 %
2014	4.10 %	0.22 %
2015	1.43 %	-0.06 %
2016	1.77 %	0.22 %