Vegetable oil vs gdp, annual growth rate in Philippines

Philippines: Vegetable oil vs gdp, annual growth rate was 3.57 % change on previous year in 2023. β—† Volatile

Latest (2023)
3.57 % change on previous year
Change on year
down 57.5%
World rank
66th
of 184 countries
All-time high
62.12 % change on previous year
in 2021
All-time low
-34.11 % change on previous year
in 2019
Years of data
62
1962–2023

Vegetable oil vs gdp, annual growth rate in Philippines, 1962–2023

-40-200204060196219922023

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

Analysis

The most recent figure for vegetable oil vs gdp, annual growth rate in Philippines is 3.57 % change on previous year, measured in 2023.

The figure is down 57.5% on the previous year and down 60.7% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Philippines peaked at 62.12 % change on previous year in 2021 and was at its lowest, -34.11 % change on previous year, in 2019.

Philippines ranks 66th of 184 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.54 % change on previous year -13.64 % change on previous year 50.64 % change on previous year 8
1970s 2.41 % change on previous year -22.62 % change on previous year 27.25 % change on previous year 10
1980s 0.533 % change on previous year -11.67 % change on previous year 20.97 % change on previous year 10
1990s 2.54 % change on previous year -12.95 % change on previous year 28.03 % change on previous year 10
2000s -1.32 % change on previous year -17.62 % change on previous year 12.29 % change on previous year 10
2010s 2.93 % change on previous year -34.11 % change on previous year 22.31 % change on previous year 10
2020s 16.17 % change on previous year -9.41 % change on previous year 62.12 % change on previous year 4

Countries ranked near Philippines

  1. 63 Dominican Republic 3.72 % change on previous year compare
  2. 64 Guinea-Bissau 3.66 % change on previous year compare
  3. 65 Oman 3.62 % change on previous year compare
  4. 67 Cameroon 3.44 % change on previous year compare
  5. 68 United States 3.42 % change on previous year compare
  6. 69 Kiribati 3.26 % change on previous year compare

See the full ranking of 184 places β†’

More energy & mining data for Philippines

All data for Philippines β†’

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Philippines?
Vegetable oil vs gdp, annual growth rate in Philippines was 3.57 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Philippines?
The highest recorded value was 62.12 % change on previous year in 2021.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Philippines?
The lowest recorded value was -34.11 % change on previous year in 2019.
How does Philippines rank for vegetable oil vs gdp, annual growth rate?
Philippines ranks 66th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Philippines?
Over the last ten years it is down 60.7%. 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 Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 20 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/philippines/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. 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
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.