Philippines Forecast: Consumer Price Index Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Philippines Consumer Price Index Growth Forecast

  • Philippines Consumer Price Index Growth is forecasted to be 3.239 % in Dec 2024 as reported by International Monetary Fund
  • It records remained the same from the last reported number of 6.337 % in Dec 2023
  • Looking ahead, Philippines Consumer Price Index Growth is projected to stand at 3.000 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Consumer Price Index: Average Consumer Price: YoY

View Philippines's Forecast: Consumer Price Index Growth from 1980 to 2028 in the chart:

Philippines Forecast: Consumer Price Index Growth

What is Philippines's Forecast: Consumer Price Index Growth in 2028?

Philippines Consumer Price Index Growth is forecasted to be 3.239 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.000 2028 3.000 2027 -0.325 1986 46.673 1984 % yearly 1980 - 2028

Forecast: Consumer Price Index Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) -7.714 2023 yearly 2003 - 2023
Albania (%) 3.024 2028 yearly 1990 - 2028
Algeria (%) 5.032 2028 yearly 1980 - 2028
Andorra (%) 1.700 2028 yearly 2002 - 2028
Angola (%) 8.890 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.018 2028 yearly 1980 - 2028
Argentina (%) 32.469 2028 yearly 1998 - 2028
Armenia (%) 4.017 2028 yearly 1993 - 2028
Aruba (%) 1.998 2029 yearly 1987 - 2029
Australia (%) 2.574 2028 yearly 1980 - 2028
Austria (%) 2.059 2029 yearly 1980 - 2029
Azerbaijan (%) 4.000 2028 yearly 1993 - 2028
Bahamas (%) 1.982 2028 yearly 1980 - 2028
Bahrain (%) 2.003 2028 yearly 1980 - 2028
Bangladesh (%) 5.500 2028 yearly 1980 - 2028
Barbados (%) 2.427 2028 yearly 1980 - 2028
Belarus (%) 5.020 2028 yearly 1993 - 2028
Belgium (%) 1.970 2028 yearly 1980 - 2028
Belize (%) 1.207 2028 yearly 1980 - 2028
Benin (%) 2.000 2028 yearly 1980 - 2028
Bhutan (%) 3.960 2028 yearly 1980 - 2028
Bolivia (%) 3.500 2028 yearly 1980 - 2028
Bosnia and Herzegovina (%) 2.021 2028 yearly 1997 - 2028
Botswana (%) 4.500 2028 yearly 1980 - 2028
Brazil (%) 2.965 2028 yearly 1980 - 2028
Brunei (%) 1.000 2028 yearly 1982 - 2028
Bulgaria (%) 2.000 2028 yearly 1981 - 2028
Burkina Faso (%) 2.000 2028 yearly 1980 - 2028
Burundi (%) 7.000 2028 yearly 1980 - 2028
Cambodia (%) 3.000 2028 yearly 1987 - 2028
Cameroon (%) 2.000 2028 yearly 1980 - 2028
Canada (%) 1.968 2028 yearly 1980 - 2028
Cape Verde (%) 2.000 2028 yearly 1980 - 2028
Central African Republic (%) 2.535 2028 yearly 1980 - 2028
Chad (%) 2.968 2028 yearly 1980 - 2028
Chile (%) 3.041 2028 yearly 1980 - 2028
China (%) 2.200 2028 yearly 1981 - 2028
Colombia (%) 2.960 2028 yearly 1980 - 2028
Comoros (%) 1.967 2028 yearly 1980 - 2028
Congo (%) 3.000 2028 yearly 1980 - 2028
Costa Rica (%) 3.000 2028 yearly 1980 - 2028
Croatia (%) 2.079 2028 yearly 1993 - 2028
Cyprus (%) 2.000 2028 yearly 1980 - 2028
Czech Republic (%) 2.000 2028 yearly 1996 - 2028
Democratic Republic of Congo (%) 6.000 2028 yearly 1980 - 2028
Denmark (%) 2.000 2028 yearly 1980 - 2028
Djibouti (%) 2.500 2028 yearly 1992 - 2028
Dominica (%) 2.000 2028 yearly 1980 - 2028
Dominican Republic (%) 4.033 2028 yearly 1980 - 2028
Ecuador (%) 1.543 2028 yearly 1980 - 2028
Egypt (%) 9.499 2028 yearly 1980 - 2028
El Salvador (%) 1.700 2028 yearly 1980 - 2028
Equatorial Guinea (%) 3.000 2028 yearly 1981 - 2028
Eritrea (%) 4.370 2028 yearly 1993 - 2028
Estonia (%) 2.500 2028 yearly 1994 - 2028
Swaziland (%) 4.406 2028 yearly 1980 - 2028
Ethiopia (%) 12.608 2028 yearly 1980 - 2028
Fiji (%) 2.500 2028 yearly 1980 - 2028
Finland (%) 2.000 2029 yearly 1980 - 2029
France (%) 1.557 2028 yearly 1980 - 2028
Gabon (%) 2.662 2028 yearly 1980 - 2028
Gambia (%) 5.000 2028 yearly 1980 - 2028
Georgia (%) 3.007 2028 yearly 1997 - 2028
Germany (%) 1.964 2028 yearly 1980 - 2028
Ghana (%) 8.000 2028 yearly 1980 - 2028
Greece (%) 1.982 2029 yearly 1980 - 2029
Grenada (%) 1.999 2028 yearly 1980 - 2028
Guatemala (%) 3.970 2028 yearly 1980 - 2028
Guinea (%) 7.500 2028 yearly 1980 - 2028
Guinea-Bissau (%) 2.000 2028 yearly 1980 - 2028
Guyana (%) 5.032 2028 yearly 1980 - 2028
Haiti (%) 9.726 2028 yearly 1980 - 2028
Honduras (%) 4.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.500 2028 yearly 1980 - 2028
Hungary (%) 3.057 2028 yearly 1980 - 2028
Iceland (%) 2.500 2029 yearly 1980 - 2029
India (%) 4.000 2029 yearly 1980 - 2029
Indonesia (%) 2.461 2028 yearly 1980 - 2028
Iran (%) 25.000 2028 yearly 1980 - 2028
Iraq (%) 2.000 2028 yearly 2005 - 2028
Ireland (%) 2.000 2029 yearly 1980 - 2029
Israel (%) 2.085 2028 yearly 1980 - 2028
Italy (%) 2.000 2029 yearly 1980 - 2029
Ivory Coast (%) 2.000 2028 yearly 1980 - 2028
Jamaica (%) 5.000 2028 yearly 1980 - 2028
Japan (%) 2.016 2029 yearly 1980 - 2029
Jordan (%) 2.489 2028 yearly 1980 - 2028
Kazakhstan (%) 4.698 2028 yearly 1993 - 2028
Kenya (%) 5.000 2028 yearly 1980 - 2028
Kiribati (%) 1.800 2028 yearly 1980 - 2028
South Korea (%) 2.000 2029 yearly 1980 - 2029
Kosovo (%) 2.000 2029 yearly 2001 - 2029
Kuwait (%) 2.011 2028 yearly 1980 - 2028
Kyrgyzstan (%) 4.000 2028 yearly 1993 - 2028
Laos (%) 3.000 2028 yearly 1980 - 2028
Latvia (%) 2.479 2028 yearly 1993 - 2028
Lebanon (%) 84.880 2020 yearly 1980 - 2020
Lesotho (%) 5.500 2028 yearly 1980 - 2028
Liberia (%) 4.988 2028 yearly 1999 - 2028
Libya (%) 2.863 2028 yearly 1980 - 2028

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.8 Sep 2024 quarterly Dec 1985 - Sep 2024
Consolidated Fiscal Balance (USD mn) -4,873.545 Sep 2024 monthly Jan 1985 - Sep 2024
Tax Revenue (USD mn) 4,520.298 Sep 2024 monthly Jan 1985 - Sep 2024
Tax Revenue: % of GDP (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
National Government Debt (USD mn) 284,357.4 Sep 2024 monthly Jan 1993 - Sep 2024
Government Debt: % of GDP (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Forecast: Government Expenditure (PHP bn) 8,856.329 2029 yearly 1989 - 2029
Forecast: Government Net Debt (PHP bn) 22,005.550 2029 yearly 1993 - 2029
Forecast: Government Revenue (PHP bn) 8,175.786 2029 yearly 1989 - 2029
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 12,704,367.324 Sep 2024 monthly Jan 2006 - Sep 2024
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 731,809.300 Sep 2024 monthly Jan 2006 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -5,087.0 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 6,257.6 Sep 2024 monthly Jan 1979 - Sep 2024
Total Exports Growth (%) -7.6 Sep 2024 monthly Jan 1980 - Sep 2024
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 11,344.6 Sep 2024 monthly Jan 1979 - Sep 2024
Total Imports Growth (%) 9.9 Sep 2024 monthly Jan 1980 - Sep 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,082.743 Sep 2024 monthly Jan 1978 - Sep 2024
Total Imports from USA (USD mn) 681.328 Sep 2024 monthly Jan 1986 - Sep 2024
Total Exports to China (USD mn) 830.355 Sep 2024 monthly Jan 1984 - Sep 2024
Total Imports from China (USD mn) 2,835.235 Sep 2024 monthly Jan 1986 - Sep 2024
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 243.5 Mar 2024 monthly Jan 2005 - Mar 2024
Current Account Balance (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 820.5 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment (USD mn) 2,742.116 Mar 2024 quarterly Mar 2005 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 1.1 Jun 2024 quarterly Dec 1980 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,013.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,728.469 Mar 2024 quarterly Mar 1977 - Mar 2024
External Debt (USD mn) 130,182.1 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -8.070 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -55,223.853 Jun 2024 quarterly Dec 2012 - Jun 2024
BoP: FA: Financial Derivatives (FD) (USD mn) -13.733 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Change in Reserve Assets: Debit (USD mn) 1,190.104 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 243.491 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Credit: Export (USD mn) 4,308.895 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 109.462 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 820.455 Jul 2024 monthly Jan 2005 - Jul 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 1,741.932 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income (USD mn) 168.889 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,419.031 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Financial Account (FA) (USD mn) -2,389.162 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Credit: Receipts (USD mn) 6.570 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 72.295 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -65.016 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,794.078 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Debit: Import (USD mn) 2,925.244 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income (USD mn) 2,510.476 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods (USD mn) -4,431.392 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Capital Account (CA) (USD mn) 5.645 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Debit: Import (USD mn) 9,225.470 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Debit: Payments (USD mn) 0.925 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 2,029.869 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Import (USD mn) 13,531.426 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 1,922.951 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services (USD mn) 1,383.651 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Export (USD mn) 13,163.050 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 1,861.610 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,582.771 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -119.678 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Other Investments (OI) (USD mn) -1,813.489 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Current Account (CA) (USD mn) -368.376 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,308.419 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,477.307 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Direct Investment (DI) (USD mn) -442.262 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -51.282 Mar 2024 monthly Jan 2005 - Mar 2024
External Debt: Medium and Long Term (USD mn) 112,285.213 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: France (USD mn) 1,201.744 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,168.759 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,503.182 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,057.389 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Japan (USD mn) 14,245.785 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Approved: Information & Communication (PHP mn) 150.278 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,205.659 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Transportation & Storage (PHP mn) 55.215 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Manufacturing (PHP mn) 12,620.963 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Administrative & Support Services (PHP mn) 2,494.846 Mar 2024 quarterly Mar 2010 - Mar 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.6 Aug 2024 monthly Mar 2008 - Aug 2024
Household Debt: % of GDP (%) 11.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Non-Performing Loans (USD mn) 8,534.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 123,437.684 Sep 2024 monthly Dec 1988 - Sep 2024
Money Supply M2 (USD mn) 306,326.429 Sep 2024 monthly Dec 1988 - Sep 2024
M2 Growth (%) 5.8 Sep 2024 monthly Dec 1989 - Sep 2024
Reserve Requirement Ratio (%) 9.5 Oct 2024 monthly May 1986 - Oct 2024
Foreign Exchange Reserves (USD mn) 95,242.3 Oct 2024 monthly Jan 1960 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 8.6 Sep 2024 monthly Jan 1979 - Sep 2024
Gold Reserves (USD mn) 11,353.948 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 331,547.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Total Deposits Growth (%) 9.5 Jun 2024 quarterly Mar 2009 - Jun 2024
Domestic Credit (USD mn) 346,939.4 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 9.6 Sep 2024 monthly Dec 2002 - Sep 2024
Household Debt (USD mn) 47,678.1 Jun 2024 quarterly Mar 2009 - Jun 2024
Total Loans (USD mn) 237,770.682 Aug 2024 monthly Mar 2008 - Aug 2024
Total Loans Growth (%) 11.11 Aug 2024 monthly Mar 2009 - Aug 2024
Private Debt: % of Nominal GDP (%) 48.13 Sep 2024 quarterly Dec 2001 - Sep 2024
DCS: LA: M4: M3 (PHP mn) 17,576,030.581 Sep 2024 monthly Dec 2001 - Sep 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,121,196.747 Sep 2024 monthly Dec 2001 - Sep 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,899,179.037 Sep 2024 monthly Dec 2001 - Sep 2024
DCS: Domestic Claims (DC) (PHP mn) 19,391,135.958 Sep 2024 monthly Dec 2001 - Sep 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Oct 2024 monthly May 1986 - Oct 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,038.657 Jun 2024 quarterly Mar 2009 - Jun 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 2,806.717 Jun 2024 quarterly Mar 2009 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Business Outlook: Index: Industry: Current Quarter (Point) 25.986 Sep 2024 quarterly Jun 2001 - Sep 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.706 Sep 2024 quarterly Jun 2001 - Sep 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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