Adjusted savings: carbon dioxide damage in Philippines
Philippines: Adjusted savings: carbon dioxide damage was 6.39 billion current US$ in 2021. ◆ Volatile
Adjusted savings: carbon dioxide damage in Philippines, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: carbon dioxide damage in Philippines stood at 6.39 billion current US$. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 13.9% on the previous year and up 159.1% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Philippines peaked at 6.39 billion current US$ in 2021 and was at its lowest, 497.79 million current US$, in 1990.
Philippines ranks 33rd of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 882.61 million current US$ | 497.79 million current US$ | 1.27 billion current US$ | 10 |
| 2000s | 1.69 billion current US$ | 1.34 billion current US$ | 2.11 billion current US$ | 10 |
| 2010s | 3.86 billion current US$ | 2.34 billion current US$ | 5.93 billion current US$ | 10 |
| 2020s | 6.00 billion current US$ | 5.61 billion current US$ | 6.39 billion current US$ | 2 |
Countries ranked near Philippines
More economy & growth data for Philippines
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
- Net primary income (Net income from abroad) 72.84 billion current US$ (2025)
- GNI per capita 275,706 current LCU (2025)
- GNI per capita, Atlas method 4,850 current US$ (2025)
- GNI 32.20 trillion current LCU (2025)
- GNI 559.93 billion current US$ (2025)
- GNI, Atlas method 566.82 billion current US$ (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Philippines?
- Adjusted savings: carbon dioxide damage in Philippines was 6.39 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Philippines?
- The highest recorded value was 6.39 billion current US$ in 2021.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Philippines?
- The lowest recorded value was 497.79 million current US$ in 1990.
- How does Philippines rank for adjusted savings: carbon dioxide damage?
- Philippines ranks 33rd out of 209 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Philippines?
- Over the last ten years it is up 159.1%. 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 savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. 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.