Average inflation measured by CPI fell 1.69% to 2.44% in Philippines in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Philippines reached an all time high of 46.7% in 1984 and an all time low of -0.325% in 1986. When compared to Philippines's main peers, average inflation measured by CPI in China amounted to 2.92%, 2.07% in Indonesia, -0.100% in Taiwan and 3.77% in Vietnam in 2020.
Philippines has been ranked 93rd within the group of 172 countries we follow in terms of average inflation measured by CPI, 12 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Australia | % | 2.82% | 6.50% | 4.80% | 2.91% | 2.82% | ||||||||||||||||
Cambodia | % | 2.92% | 5.21% | 3.82% | 3.04% | 3.04% | ||||||||||||||||
China | % | 0.853% | 2.17% | 2.24% | 1.86% | 2.00% | ||||||||||||||||
Hong Kong | % | 1.57% | 1.90% | 2.40% | 2.50% | 2.50% | ||||||||||||||||
India | % | 5.51% | 6.89% | 5.14% | 4.36% | 4.13% | ||||||||||||||||
Indonesia | % | 1.56% | 4.63% | 5.50% | 3.17% | 3.04% | ||||||||||||||||
Japan | % | -0.235% | 1.99% | 1.39% | 1.04% | 0.996% | ||||||||||||||||
Laos | % | 3.75% | 15.0% | 9.00% | 4.00% | 3.00% | ||||||||||||||||
Malaysia | % | 2.48% | 3.23% | 2.81% | 2.37% | 2.40% | ||||||||||||||||
Philippines | % | 3.93% | 5.32% | 4.34% | 3.12% | 3.00% | ||||||||||||||||
Russia | % | 6.69% | 13.8% | 5.04% | 4.00% | 4.00% | ||||||||||||||||
Singapore | % | 2.31% | 5.54% | 3.00% | 2.01% | 1.48% | ||||||||||||||||
Taiwan | % | 1.97% | 3.10% | 2.20% | 1.44% | 1.44% | ||||||||||||||||
Thailand | % | 1.23% | 6.33% | 2.82% | 1.45% | 2.30% | ||||||||||||||||
USA | % | 4.69% | 8.05% | 3.51% | 2.23% | 2.04% | ||||||||||||||||
Vietnam | % | 1.83% | 3.76% | 3.92% | 3.50% | 3.50% |