GDP Deflator in Philippines decreased to 123.15 points in the first quarter of 2026 from 124.26 points in the fourth quarter of 2025. GDP Deflator in Philippines averaged 70.98 points from 1981 until 2026, reaching an all time high of 124.26 points in the fourth quarter of 2025 and a record low of 12.87 points in the first quarter of 1981. source: Philippine Statistics Authority

GDP Deflator in Philippines is expected to be 127.49 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines GDP Deflator is projected to trend around 133.08 points in 2027 and 137.08 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 135.40 135.80 points Jun 2026
Core Consumer Prices 133.80 133.20 points Jun 2026
Core Inflation Rate YoY 4.40 4.10 percent Jun 2026
CPI Housing Utilities 132.00 132.20 points Jun 2026
CPI Transportation 145.00 148.60 points Jun 2026
Export Prices 101.50 101.54 points Mar 2026
Food Inflation 5.20 5.70 percent Jun 2026
GDP Deflator 123.15 124.26 points Mar 2026
Import Prices 100.52 100.70 points Mar 2026
Inflation Rate YoY 6.40 6.80 percent Jun 2026
Inflation Rate MoM -0.30 -0.50 percent Jun 2026
Producer Prices 100.75 100.52 points May 2026
PPI YoY 2.90 2.60 percent May 2026
Retail Price Index YoY 4.00 4.50 percent May 2026


Philippines GDP Deflator
Actual Previous Highest Lowest Dates Unit Frequency
123.15 124.26 124.26 12.87 1981 - 2026 points Quarterly
2018=100, NSA