Vegetable oil vs gdp in Philippines

Philippines: Vegetable oil vs gdp was 8.41 in 2023. ▲ Rising

Latest (2023)
8.41
Change on year
up 3.6%
World rank
143rd
of 192 countries
All-time high
8.41
in 2023
All-time low
2.52
in 1961
Years of data
63
1961–2023

Vegetable oil vs gdp in Philippines, 1961–2023

2468196119922023

Source: Our World in Data.

Analysis

Philippines recorded 8.41 for vegetable oil vs gdp in 2023. That is the highest value across all 63 years on record.

That represents a change of up 3.6% on the previous year and up 40.2% over ten years.

Over the whole period, vegetable oil vs gdp in Philippines peaked at 8.41 in 2023 and was at its lowest, 2.52, in 1961.

Philippines ranks 143rd of 192 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 63 years of available data.

Vegetable oil vs gdp in Philippines, year by year

Annual values for Vegetable oil vs gdp in Philippines, 1961 to 2023.
Year Value Change
1961 2.52 —
1962 2.54 +0.9%
1963 2.59 +2.0%
1964 2.62 +1.2%
1965 3.95 +50.6%
1966 4.4 +11.3%
1967 4.1 -6.9%
1968 3.54 -13.6%
1969 4.06 +14.8%
1970 3.86 -4.9%
1971 3.74 -3.2%
1972 4.23 +13.2%
1973 4.44 +4.8%
1974 4.14 -6.6%
1975 4.27 +3.1%
1976 5.22 +22.1%
1977 6.64 +27.2%
1978 6.03 -9.1%
1979 4.67 -22.6%
1980 5.04 +8.0%
1981 4.52 -10.2%
1982 4.24 -6.4%
1983 3.77 -11.1%
1984 3.33 -11.7%
1985 3.58 +7.7%
1986 3.86 +7.8%
1987 4.67 +21.0%
1988 4.78 +2.3%
1989 4.68 -2.0%
1990 5.1 +8.8%
1991 5.1 +0.0%
1992 4.98 -2.3%
1993 4.79 -3.9%
1994 5.3 +10.8%
1995 4.62 -12.9%
1996 4.93 +6.8%
1997 4.38 -11.1%
1998 4.44 +1.2%
1999 5.68 +28.0%
2000 5.29 -6.9%
2001 4.35 -17.6%
2002 4.27 -2.0%
2003 4.25 -0.4%
2004 4.13 -2.7%
2005 3.73 -9.7%
2006 4.04 +8.2%
2007 4.54 +12.3%
2008 4.26 -6.1%
2009 4.76 +11.7%
2010 5.48 +15.1%
2011 4.53 -17.3%
2012 5.5 +21.4%
2013 6 +9.1%
2014 4.33 -27.8%
2015 5.11 +18.0%
2016 6.25 +22.3%
2017 7.15 +14.4%
2018 7.74 +8.3%
2019 5.1 -34.1%
2020 4.62 -9.4%
2021 7.49 +62.1%
2022 8.12 +8.4%
2023 8.41 +3.6%

Philippines compared with similar countries

  • Philippines's 8.41 is below the median for upper middle income countries, which is 11.38, 74% of the median. (57 countries reporting)
  • Philippines's 8.41 is below the median for East Asia & Pacific, which is 10.73, 78% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.37 2.52 4.4 9
1970s 4.73 3.74 6.64 10
1980s 4.25 3.33 5.04 10
1990s 4.93 4.38 5.68 10
2000s 4.36 3.73 5.29 10
2010s 5.72 4.33 7.74 10
2020s 7.16 4.62 8.41 4

Countries ranked near Philippines

  1. 140 Uganda 8.57 compare
  2. 141 Chile 8.51 compare
  3. 142 Peru 8.47 compare
  4. 144 Thailand 8.35 compare
  5. 145 Afghanistan 8.29 compare
  6. 146 Tonga 8.2 compare

See the full ranking of 192 places →

More energy & mining data for Philippines

All data for Philippines →

Frequently asked questions

What is vegetable oil vs gdp in Philippines?
Vegetable oil vs gdp in Philippines was 8.41 in 2023, according to Our World in Data.
What is the highest vegetable oil vs gdp recorded in Philippines?
The highest recorded value was 8.41 in 2023.
What is the lowest vegetable oil vs gdp recorded in Philippines?
The lowest recorded value was 2.52 in 1961.
How does Philippines rank for vegetable oil vs gdp?
Philippines ranks 143rd out of 192 countries with data for 2023.
Is vegetable oil vs gdp rising or falling in Philippines?
Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp in Philippines. Statizoid, drawing on Our World in Data. Retrieved 12 November 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp/philippines/

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About this data

Indicator
Vegetable oil vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 10,214 data points, 1961–2023
Last refreshed