🇵🇭 Philippines Inflation Calculator – Historical CPI Rates (1960–2026)

See how prices in Philippines have changed since 1960, based on World Bank CPI data.

Cumulative inflation since 1960
+14,042.4%
Average annual rate
8.04%
Data range
1960–2024

Between 1960 and 2024, prices in Philippines rose 14,042.4%, an average annual rate of 8.04%. ₱100 in 1960 would need to be ₱14,142.38 in 2024 to keep the same purchasing power.

Calculate Philippines Inflation for Any Amount

Value Over Time

Philippines Inflation: Year by Year

Year-by-year CPI and inflation-adjusted value of ₱100 in Philippines, 1960–2024
Year CPI ₱100 → Annual Change
1960 1.13 ₱100.00 -
1961 1.15 ₱101.60 +1.6%
1962 1.21 ₱107.48 +5.8%
1963 1.28 ₱113.53 +5.6%
1964 1.39 ₱122.82 +8.2%
1965 1.42 ₱125.97 +2.6%
1966 1.50 ₱132.77 +5.4%
1967 1.59 ₱141.08 +6.3%
1968 1.63 ₱144.40 +2.4%
1969 1.66 ₱147.23 +2.0%
1970 1.90 ₱168.40 +14.4%
1971 2.31 ₱204.45 +21.4%
1972 2.50 ₱221.22 +8.2%
1973 2.91 ₱257.90 +16.6%
1974 3.91 ₱346.00 +34.2%
1975 4.17 ₱369.40 +6.8%
1976 4.55 ₱403.38 +9.2%
1977 5.00 ₱443.31 +9.9%
1978 5.37 ₱475.82 +7.3%
1979 6.31 ₱559.25 +17.5%
1980 7.46 ₱661.04 +18.2%
1981 8.44 ₱747.52 +13.1%
1982 9.30 ₱823.93 +10.2%
1983 10.23 ₱906.56 +10.0%
1984 15.39 ₱1,362.92 +50.3%
1985 18.94 ₱1,677.80 +23.1%
1986 19.16 ₱1,697.06 +1.1%
1987 19.94 ₱1,766.13 +4.1%
1988 22.70 ₱2,010.91 +13.9%
1989 25.48 ₱2,257.11 +12.2%
1990 28.58 ₱2,531.97 +12.2%
1991 34.09 ₱3,019.66 +19.3%
1992 37.04 ₱3,280.89 +8.7%
1993 39.53 ₱3,501.24 +6.7%
1994 43.63 ₱3,864.90 +10.4%
1995 46.61 ₱4,128.95 +6.8%
1996 50.10 ₱4,437.64 +7.5%
1997 52.90 ₱4,685.71 +5.6%
1998 57.78 ₱5,118.43 +9.2%
1999 61.22 ₱5,422.42 +5.9%
2000 63.65 ₱5,638.08 +4.0%
2001 67.05 ₱5,939.46 +5.3%
2002 68.88 ₱6,101.18 +2.7%
2003 70.46 ₱6,240.84 +2.3%
2004 73.86 ₱6,542.23 +4.8%
2005 78.67 ₱6,968.57 +6.5%
2006 82.99 ₱7,350.82 +5.5%
2007 85.39 ₱7,563.99 +2.9%
2008 92.45 ₱8,188.81 +8.3%
2009 96.35 ₱8,534.30 +4.2%
2010 100.00 ₱8,857.73 +3.8%
2011 104.72 ₱9,275.68 +4.7%
2012 107.89 ₱9,556.45 +3.0%
2013 110.67 ₱9,803.26 +2.6%
2014 114.66 ₱10,155.97 +3.6%
2015 115.43 ₱10,224.44 +0.7%
2016 116.88 ₱10,352.62 +1.3%
2017 120.21 ₱10,648.00 +2.9%
2018 126.59 ₱11,213.34 +5.3%
2019 129.62 ₱11,481.57 +2.4%
2020 132.72 ₱11,756.34 +2.4%
2021 137.94 ₱12,218.04 +3.9%
2022 145.97 ₱12,929.27 +5.8%
2023 154.69 ₱13,702.18 +6.0%
2024 159.66 ₱14,142.38 +3.2%

World Bank CPI data for Philippines is available from 1960 to 2024.

Quick Reference: value today

What 1960 amounts in Philippines are worth in 2024:

1960 2024
₱1 ₱141.42
₱10 ₱1,414.24
₱100 ₱14,142
₱1,000 ₱141,424
₱10,000 ₱1,414,238

Inflation by Decade in Philippines

Decade Cumulative Inflation Annual Rate
1960–1969 +47.2% 4.39%
1970–1979 +232.1% 14.27%
1980–1989 +241.5% 14.62%
1990–1999 +114.2% 8.83%
2000–2009 +51.4% 4.71%
2010–2019 +29.6% 2.92%
2020–2024 +20.3% 4.73%

The sharpest price increase in Philippines came in 1984, when annual inflation reached 50.3%.

The lowest annual change was 0.7% in 2015.

Understanding Inflation in Philippines

This calculator uses official data from the World Bank (CPI - Consumer Price Index) to calculate the purchasing power of your money over time.

What is the CPI?

The CPI measures the average change in prices that consumers pay for a basket of goods and services.

A Real Example from Philippines

For instance, ₱1,000 in Philippines in 1960 would need to be worth about ₱141,424 in 2024 to keep the same purchasing power — a cumulative change of 14,042.4% over 64 years.

Why is it Important?

  • Financial Planning: Compare salaries and investments
  • Investment Decisions: Evaluate real returns
  • Historical Analysis: Understand past money values

Frequently Asked Questions

What was the inflation rate in Philippines in 2024?

The annual inflation rate in Philippines in 2024 was 3.21%, according to World Bank CPI data.

How much has Philippines inflation been since 1960?

Cumulative inflation in Philippines from 1960 to 2024 was 14042.38% (8.04%/year average).