Adjusted net national income in Philippines

Philippines: Adjusted net national income was 361.50 billion current US$ in 2021. ◆ Volatile

Latest (2021)
361.50 billion current US$
Change on year
up 3.0%
World rank
31st
of 184 countries
All-time high
375.75 billion current US$
in 2019
All-time low
7.33 billion current US$
in 1971
Years of data
51
1971–2021

Adjusted net national income in Philippines, 1971–2021

0100.0B200.0B300.0B400.0B197119962021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2021, adjusted net national income in Philippines stood at 361.50 billion current US$.

The figure is up 3.0% on the previous year and up 56.7% over ten years.

Over the whole period, adjusted net national income in Philippines peaked at 375.75 billion current US$ in 2019 and was at its lowest, 7.33 billion current US$, in 1971.

That places Philippines 31st out of 184 countries with data for 2021, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.08 billion current US$ 7.33 billion current US$ 28.17 billion current US$ 9
1980s 34.55 billion current US$ 29.16 billion current US$ 42.93 billion current US$ 10
1990s 70.22 billion current US$ 45.67 billion current US$ 90.57 billion current US$ 10
2000s 115.90 billion current US$ 79.60 billion current US$ 176.68 billion current US$ 10
2010s 298.15 billion current US$ 206.14 billion current US$ 375.75 billion current US$ 10
2020s 356.17 billion current US$ 350.84 billion current US$ 361.50 billion current US$ 2

Countries ranked near Philippines

  1. 28 Thailand 386.83 billion current US$ compare
  2. 29 Norway 378.33 billion current US$ compare
  3. 30 Nigeria 363.31 billion current US$ compare
  4. 32 Venezuela 354.71 billion current US$ compare
  5. 33 Egypt 353.38 billion current US$ compare
  6. 34 Denmark 344.36 billion current US$ compare

See the full ranking of 231 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is adjusted net national income in Philippines?
Adjusted net national income in Philippines was 361.50 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income recorded in Philippines?
The highest recorded value was 375.75 billion current US$ in 2019.
What is the lowest adjusted net national income recorded in Philippines?
The lowest recorded value was 7.33 billion current US$ in 1971.
How does Philippines rank for adjusted net national income?
Philippines ranks 31st out of 184 countries with data for 2021.
Is adjusted net national income rising or falling in Philippines?
Over the last ten years it is up 56.7%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted net national income (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.