Revenue, excluding grants (current LCU), annual growth rate in Philippines

Philippines: Revenue, excluding grants (current LCU), annual growth rate was 15.5 % change on previous year in 2024. ◆ Volatile

Latest (2024)
15.5 % change on previous year
Change on year
up 96.3%
World rank
47th
of 156 countries
All-time high
22.54 % change on previous year
in 1991
All-time low
-8.96 % change on previous year
in 2020
Years of data
34
1991–2024

Revenue, excluding grants (current LCU), annual growth rate in Philippines, 1991–2024

-10010201991200720241991: 22.5 % change on previous year1992: 11.8 % change on previous year1993: 7.7 % change on previous year1994: 18.8 % change on previous year1995: 10.4 % change on previous year1996: 19.8 % change on previous year1997: 14 % change on previous year1998: -0.06 % change on previous year1999: 3 % change on previous year2000: 9.1 % change on previous year2001: 10.4 % change on previous year2002: 1.5 % change on previous year2003: 10.6 % change on previous year2004: 10.7 % change on previous year2005: 15 % change on previous year2006: 19.6 % change on previous year2007: 7.4 % change on previous year2008: 12 % change on previous year2009: -4.2 % change on previous year2010: 7.5 % change on previous year2011: 12.6 % change on previous year2012: 12.3 % change on previous year2013: 12.2 % change on previous year2014: 11.3 % change on previous year2015: 7.3 % change on previous year2016: 7.3 % change on previous year2017: 12.6 % change on previous year2018: 14.7 % change on previous year2019: 10.7 % change on previous year2020: -9 % change on previous year2021: 5.2 % change on previous year2022: 17.9 % change on previous year2023: 7.9 % change on previous year2024: 15.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, revenue, excluding grants (current lcu), annual growth rate in Philippines stood at 15.5 % change on previous year.

That represents a change of up 96.3% on the previous year and up 37.3% over ten years.

Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Philippines peaked at 22.54 % change on previous year in 1991 and was at its lowest, -8.96 % change on previous year, in 2020.

That places Philippines 47th out of 156 countries with data for 2024, putting it in the middle of the range.

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

Revenue, excluding grants (current LCU), annual growth rate in Philippines, year by year

Annual values for Revenue, excluding grants (current LCU), annual growth rate in Philippines, 1991 to 2024.
Year % change on previous year Change
1991 22.54 % change on previous year
1992 11.84 % change on previous year -47.5%
1993 7.74 % change on previous year -34.6%
1994 18.79 % change on previous year +142.7%
1995 10.44 % change on previous year -44.5%
1996 19.8 % change on previous year +89.7%
1997 13.97 % change on previous year -29.5%
1998 -0.0597 % change on previous year -100.4%
1999 2.96 % change on previous year -5057.5%
2000 9.08 % change on previous year +206.7%
2001 10.4 % change on previous year +14.6%
2002 1.48 % change on previous year -85.8%
2003 10.59 % change on previous year +617.1%
2004 10.67 % change on previous year +0.8%
2005 15.04 % change on previous year +40.9%
2006 19.59 % change on previous year +30.3%
2007 7.39 % change on previous year -62.3%
2008 11.97 % change on previous year +61.9%
2009 -4.24 % change on previous year -135.5%
2010 7.54 % change on previous year -277.6%
2011 12.56 % change on previous year +66.6%
2012 12.32 % change on previous year -1.9%
2013 12.21 % change on previous year -1.0%
2014 11.29 % change on previous year -7.5%
2015 7.35 % change on previous year -34.9%
2016 7.28 % change on previous year -0.9%
2017 12.6 % change on previous year +72.9%
2018 14.65 % change on previous year +16.3%
2019 10.65 % change on previous year -27.3%
2020 -8.96 % change on previous year -184.2%
2021 5.24 % change on previous year -158.5%
2022 17.9 % change on previous year +241.6%
2023 7.9 % change on previous year -55.9%
2024 15.5 % change on previous year +96.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12 % change on previous year -0.0597 % change on previous year 22.54 % change on previous year 9
2000s 9.19 % change on previous year -4.24 % change on previous year 19.59 % change on previous year 10
2010s 10.85 % change on previous year 7.28 % change on previous year 14.65 % change on previous year 10
2020s 7.52 % change on previous year -8.96 % change on previous year 17.9 % change on previous year 5

Countries ranked near Philippines

  1. 44 Romania 16.32 % change on previous year compare
  2. 45 Kenya 16.16 % change on previous year compare
  3. 46 Somalia 15.77 % change on previous year compare
  4. 48 Nepal 14.91 % change on previous year compare
  5. 49 India 14.6 % change on previous year compare
  6. 50 Paraguay 14.34 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Philippines

All data for Philippines →

Frequently asked questions

What is revenue, excluding grants (current lcu), annual growth rate in Philippines?
Revenue, excluding grants (current lcu), annual growth rate in Philippines was 15.5 % change on previous year in 2024, according to Statizoid (derived).
What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Philippines?
The highest recorded value was 22.54 % change on previous year in 1991.
What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Philippines?
The lowest recorded value was -8.96 % change on previous year in 2020.
How does Philippines rank for revenue, excluding grants (current lcu), annual growth rate?
Philippines ranks 47th out of 156 countries with data for 2024.
Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Philippines?
Over the last ten years it is up 37.3%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Revenue, excluding grants (current LCU), annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/philippines/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/philippines/">Revenue, excluding grants (current LCU), annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Revenue, excluding grants (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,444 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.