Human capital in Philippines
Philippines: Human capital was 2.02 trillion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
2.02 trillion real chained 2019 US$
Change on year
down 1.5%
World rank
36th
of 151 countries
All-time high
2.14 trillion real chained 2019 US$
in 2016
All-time low
1.10 trillion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Human capital in Philippines, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, human capital in Philippines stood at 2.02 trillion real chained 2019 US$.
Compared with earlier readings it is down 1.5% on the previous year and up 13.1% over ten years.
Over the whole period, human capital in Philippines peaked at 2.14 trillion real chained 2019 US$ in 2016 and was at its lowest, 1.10 trillion real chained 2019 US$, in 1995.
Philippines ranks 36th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Philippines, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 1.10 trillion real chained 2019 US$ | — |
| 1996 | 1.14 trillion real chained 2019 US$ | +3.6% |
| 1997 | 1.18 trillion real chained 2019 US$ | +3.7% |
| 1998 | 1.23 trillion real chained 2019 US$ | +3.8% |
| 1999 | 1.28 trillion real chained 2019 US$ | +3.8% |
| 2000 | 1.32 trillion real chained 2019 US$ | +3.5% |
| 2001 | 1.36 trillion real chained 2019 US$ | +3.0% |
| 2002 | 1.40 trillion real chained 2019 US$ | +3.0% |
| 2003 | 1.44 trillion real chained 2019 US$ | +3.0% |
| 2004 | 1.49 trillion real chained 2019 US$ | +3.6% |
| 2005 | 1.54 trillion real chained 2019 US$ | +3.0% |
| 2006 | 1.58 trillion real chained 2019 US$ | +2.6% |
| 2007 | 1.63 trillion real chained 2019 US$ | +3.6% |
| 2008 | 1.67 trillion real chained 2019 US$ | +2.4% |
| 2009 | 1.73 trillion real chained 2019 US$ | +3.6% |
| 2010 | 1.79 trillion real chained 2019 US$ | +3.2% |
| 2011 | 1.87 trillion real chained 2019 US$ | +4.3% |
| 2012 | 1.91 trillion real chained 2019 US$ | +2.1% |
| 2013 | 1.95 trillion real chained 2019 US$ | +2.3% |
| 2014 | 2.02 trillion real chained 2019 US$ | +3.9% |
| 2015 | 2.07 trillion real chained 2019 US$ | +2.1% |
| 2016 | 2.14 trillion real chained 2019 US$ | +3.5% |
| 2017 | 2.11 trillion real chained 2019 US$ | -1.3% |
| 2018 | 2.09 trillion real chained 2019 US$ | -1.3% |
| 2019 | 2.06 trillion real chained 2019 US$ | -1.4% |
| 2020 | 2.02 trillion real chained 2019 US$ | -1.5% |
Philippines compared with similar countries
- Philippines's 2.02 trillion real chained 2019 US$ is above the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 7.2× the median. (43 countries reporting)
- Philippines's 2.02 trillion real chained 2019 US$ is below the median for East Asia & Pacific, which is 2.06 trillion real chained 2019 US$, 98% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.19 trillion real chained 2019 US$ | 1.10 trillion real chained 2019 US$ | 1.28 trillion real chained 2019 US$ | 5 |
| 2000s | 1.52 trillion real chained 2019 US$ | 1.32 trillion real chained 2019 US$ | 1.73 trillion real chained 2019 US$ | 10 |
| 2010s | 2.00 trillion real chained 2019 US$ | 1.79 trillion real chained 2019 US$ | 2.14 trillion real chained 2019 US$ | 10 |
| 2020s | 2.02 trillion real chained 2019 US$ | 2.02 trillion real chained 2019 US$ | 2.02 trillion real chained 2019 US$ | 1 |
Countries ranked near Philippines
- 33 Malaysia 2.09 trillion real chained 2019 US$ compare
- 34 South Africa 2.04 trillion real chained 2019 US$ compare
- 35 Chile 2.04 trillion real chained 2019 US$ compare
- 37 Vietnam 1.86 trillion real chained 2019 US$ compare
- 38 Ireland 1.85 trillion real chained 2019 US$ compare
- 39 Pakistan 1.62 trillion real chained 2019 US$ compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is human capital in Philippines?
- Human capital in Philippines was 2.02 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Philippines?
- The highest recorded value was 2.14 trillion real chained 2019 US$ in 2016.
- What is the lowest human capital recorded in Philippines?
- The lowest recorded value was 1.10 trillion real chained 2019 US$ in 1995.
- How does Philippines rank for human capital?
- Philippines ranks 36th out of 151 countries with data for 2020.
- Is human capital rising or falling in Philippines?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.