Philippines Official Exchange Rate: Period Average: Local Currency to USD

1987 - 2025 | Yearly | USD/PHP | World Bank

Philippines Official Exchange Rate: Period Average: Local Currency to USD data was reported at 58.049 USD/PHP in 2025. This records an increase from the previous number of 57.283 USD/PHP for 2024. Philippines Official Exchange Rate: Period Average: Local Currency to USD data is updated yearly, averaging 45.095 USD/PHP from Dec 1987 (Median) to 2025, with 39 observations. The data reached an all-time high of 58.049 USD/PHP in 2025 and a record low of 20.193 USD/PHP in 1987. Philippines Official Exchange Rate: Period Average: Local Currency to USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.GEM: Foreign Exchange Rates: Annual. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

View Philippines's Philippines Official Exchange Rate: Period Average: Local Currency to USD from 1987 to 2025 in the chart:

Philippines Philippines Official Exchange Rate: Period Average: Local Currency to USD

What was Philippines's Philippines Official Exchange Rate: Period Average: Local Currency to USD in 2025?

Last Previous Min Max Unit Frequency Range
58.049 2025 57.283 2024 20.193 1987 58.049 2025 USD/PHP yearly 1987 - 2025

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Philippines Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 16,074.933 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 4,824.020 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 6.412 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 6.3 Dec 2022 quarterly Mar 1982 - Dec 2022
GDP per Capita (USD) 3,623.316 2022 yearly 1950 - 2022
Gross Fixed Capital Formation (USD mn) 25,706.099 Sep 2024 quarterly Mar 1981 - Sep 2024
Gross National Product (GNP) (USD mn) 125,267.151 Sep 2024 quarterly Mar 1981 - Sep 2024
Gross Savings Rate (%) 10.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Investment: % of GDP (%) 23.7 Sep 2024 quarterly Jun 1972 - Sep 2024
Nominal GDP (USD mn) 112,472.0 Dec 2022 quarterly Mar 1981 - Dec 2022
Nominal GDP Growth (%) 8.515 Sep 2024 quarterly Mar 1982 - Sep 2024
Private Consumption Expenditure (USD mn) 85,850.536 Sep 2024 quarterly Mar 1981 - Sep 2024
Private Consumption: % of GDP (%) 78.6 Sep 2024 quarterly Mar 1981 - Sep 2024
Public Consumption Expenditure (USD mn) 16,528.075 Sep 2024 quarterly Mar 1981 - Sep 2024
Public Consumption: % of GDP (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Real GDP Growth (%) 7.1 Dec 2022 quarterly Mar 1999 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 73.650 Sep 2024 quarterly Mar 1981 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 29,036.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) -4.2 Nov 2024 monthly Jan 2002 - Nov 2024
Minerals Production (Metric Ton) 20,400,092.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 110,350.000 2023 yearly 1999 - 2023
Silver Production (Metric Ton) 30.856 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 12,050.000 Nov 2024 monthly Jan 2002 - Nov 2024
House Prices Growth (%) -2.3 Sep 2024 quarterly Mar 2015 - Sep 2024
Nominal Residential Property Price Index (2010=100) 251.232 Mar 2024 quarterly Mar 2008 - Mar 2024
Nominal Residential Property Price Index Growth (%) 6.100 Mar 2024 quarterly Mar 2009 - Mar 2024
Real Residential Property Price Index (2010=100) 158.281 Mar 2024 quarterly Mar 2008 - Mar 2024
Real Residential Property Price Index Growth (%) -1.109 Jun 2024 quarterly Mar 2009 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.8 Sep 2024 quarterly Dec 1985 - 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
Government Debt: % of GDP (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Tax Revenue (USD mn) 5,492.677 Nov 2024 monthly Jan 1985 - Nov 2024
National Government Debt (USD mn) 274,150.1 Nov 2024 monthly Jan 1993 - Nov 2024
Consolidated Fiscal Balance (USD mn) -3,628.488 Nov 2024 monthly Jan 1985 - Nov 2024
Tax Revenue: % of GDP (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 48,157,000.000 Sep 2024 quarterly Jun 1982 - Sep 2024
Forecast: Population (Person mn) 119.099 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 5.183 2029 yearly 1985 - 2029
Labour Force Participation Rate (%) 63.3 Oct 2024 quarterly Jul 2003 - Oct 2024
Labour Productivity Growth (%) 2.16 2023 yearly 1992 - 2023
Population (Person mn) 109.0 2020 yearly 1950 - 2020
Unemployment Rate (%) 4.50 Apr 2023 quarterly Jul 1982 - Apr 2023

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