Philippines Out-of-pocket spending 2023: Interactive Chart & Historical Data

Latest value: 44.36 % (2023-01-01)

Out-of-pocket spending (measured in %) is an important economic indicator for Philippines, providing insights into structural trends, policy impacts, and development trajectories. This metric is widely used by researchers, analysts, and policymakers to monitor economic conditions and inform decision-making. In Philippines, Out-of-pocket spending reflects the interplay of domestic policies, global market forces, and long-term demographic and technological changes. Tracking this indicator over time reveals patterns of growth, volatility, and structural transformation that shape the country's economic outlook. Access to reliable, timely data is essential for evidence-based analysis, whether for academic research, investment strategy, or public policy evaluation. The most recent data point shows 44.36 % as of 2023-01-01. This dataset spans 2000–2023, covering 24 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to explore Out-of-pocket spending data, apply custom date ranges, and benchmark Philippines against peer economies.