Adjusted savings: mineral depletion in Philippines

Philippines: Adjusted savings: mineral depletion was 4.61 billion current US$ in 2021. ◆ Volatile

Latest (2021)
4.61 billion current US$
Change on year
up 320.6%
World rank
16th
of 217 countries
All-time high
4.61 billion current US$
in 2021
All-time low
8.05 million current US$
in 1993
Years of data
52
1970–2021

Adjusted savings: mineral depletion in Philippines, 1970–2021

01.0B2.0B3.0B4.0B5.0B197019952021

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

Analysis

Philippines recorded 4.61 billion current US$ for adjusted savings: mineral depletion in 2021. That is the highest value across all 52 years on record.

That represents a change of up 320.6% on the previous year and up 31.4% over ten years.

Over the whole period, adjusted savings: mineral depletion in Philippines peaked at 4.61 billion current US$ in 2021 and was at its lowest, 8.05 million current US$, in 1993.

Philippines ranks 16th of 217 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 120.66 million current US$ 64.10 million current US$ 232.29 million current US$ 10
1980s 192.44 million current US$ 113.24 million current US$ 305.07 million current US$ 10
1990s 77.05 million current US$ 8.05 million current US$ 194.07 million current US$ 10
2000s 521.59 million current US$ 10.26 million current US$ 2.96 billion current US$ 10
2010s 1.39 billion current US$ 410.29 million current US$ 3.51 billion current US$ 10
2020s 2.85 billion current US$ 1.10 billion current US$ 4.61 billion current US$ 2

Countries ranked near Philippines

  1. 13 South Africa 10.91 billion current US$ compare
  2. 14 Mexico 10.48 billion current US$ compare
  3. 15 Iran 6.08 billion current US$ compare
  4. 17 Zambia 4.25 billion current US$ compare
  5. 18 Uzbekistan 3.85 billion current US$ compare
  6. 19 Sweden 3.63 billion current US$ compare

See the full ranking of 217 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is adjusted savings: mineral depletion in Philippines?
Adjusted savings: mineral depletion in Philippines was 4.61 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: mineral depletion recorded in Philippines?
The highest recorded value was 4.61 billion current US$ in 2021.
What is the lowest adjusted savings: mineral depletion recorded in Philippines?
The lowest recorded value was 8.05 million current US$ in 1993.
How does Philippines rank for adjusted savings: mineral depletion?
Philippines ranks 16th out of 217 countries with data for 2021.
Is adjusted savings: mineral depletion rising or falling in Philippines?
Over the last ten years it is up 31.4%. 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: mineral depletion (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: mineral depletion (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 11,281 data points, 1970–2021
Last refreshed

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.