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System of national accounts in use in Philippines

Philippines: System of national accounts in use was 1 in 2023. ▲ Rising

Latest (2023)
1
Change on year
unchanged
World rank
1st
of 214 countries
All-time high
1
in 2018
All-time low
0.5
in 2016
Years of data
8
2016–2023

System of national accounts in use in Philippines, 2016–2023

00.20.40.60.812016201920232016: 0.52017: 0.52018: 12019: 12020: 12021: 12022: 12023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

The most recent figure for system of national accounts in use in Philippines is 1, measured in 2023. That is the highest value across all 8 years on record.

Compared with earlier readings it is up 100.0% over ten years.

That places Philippines 1st out of 214 countries with data for 2023, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.75 0.5 1 4
2020s 1 1 1 4

Countries ranked near Philippines

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  80. 1 Luxembourg 1 compare
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See the full ranking of 217 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is system of national accounts in use in Philippines?
System of national accounts in use in Philippines was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest system of national accounts in use recorded in Philippines?
The highest recorded value was 1 in 2018.
What is the lowest system of national accounts in use recorded in Philippines?
The lowest recorded value was 0.5 in 2016.
How does Philippines rank for system of national accounts in use?
Philippines ranks 1st out of 214 countries with data for 2023.
Is system of national accounts in use rising or falling in Philippines?
Over the last ten years it is up 100.0%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of System of national accounts in use. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
System of national accounts in use
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 1,729 data points, 2016–2023
Last refreshed

The national accounts data are compiled using the concepts, definitions, framework, and methodology of the System of National Account 2008 (SNA2008) or European System of National and Regional Accounts (ESA 2010). The manual has evolved to meet the changing economic structure, to follow systematic accounting and ensure international compatibility.