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Has your money kept pace?

Explore money supply, prices and the changing value of your currency.

Reference month: 2026-07Asia/ManilaData & methodology ↗

Money supply in motion

Local M2PHP

Trend estimate

1K PHP

Change per second: – PHP

Reference month: 2026-07 · Year-on-year: 9.02%

Source ↗

US M2USD

Trend estimate

1K USD

Change per second: – USD

Reference month: 2026-07 · Year-on-year: 5.41%

Source ↗

Trend projection using each series’ latest reference-month total and year-on-year growth, compounded continuously from the following month’s start (00:00 UTC) to the displayed time. Continues between visits and rebases when new data is published on this site; revisions may cause jumps. Not a live measurement or an official forecast.

Coverage: 2001-12 → 2026-07

FromTo

Local M2

19.87T PHP

2026-07 · Year-on-year: +9.0%

View data table

Local M2 · 2016-07 → 2026-07
Month	Local M2
2016-07	8.46T PHP
2016-08	8.41T PHP
2016-09	8.53T PHP
2016-10	8.59T PHP
2016-11	8.73T PHP
2016-12	9.14T PHP
2017-01	9.01T PHP
2017-02	9.08T PHP
2017-03	9.19T PHP
2017-04	9.18T PHP
2017-05	9.29T PHP
2017-06	9.53T PHP
2017-07	9.62T PHP
2017-08	9.7T PHP
2017-09	9.77T PHP
2017-10	9.88T PHP
2017-11	9.94T PHP
2017-12	10.2T PHP
2018-01	10.17T PHP
2018-02	10.3T PHP
2018-03	10.48T PHP
2018-04	10.47T PHP
2018-05	10.58T PHP
2018-06	10.62T PHP
2018-07	10.65T PHP
2018-08	10.7T PHP
2018-09	10.71T PHP
2018-10	10.68T PHP
2018-11	10.78T PHP
2018-12	11.08T PHP
2019-01	10.88T PHP
2019-02	10.91T PHP
2019-03	10.98T PHP
2019-04	11.05T PHP
2019-05	11.12T PHP
2019-06	11.18T PHP
2019-07	11.23T PHP
2019-08	11.22T PHP
2019-09	11.41T PHP
2019-10	11.48T PHP
2019-11	11.73T PHP
2019-12	12.29T PHP
2020-01	12.08T PHP
2020-02	12.02T PHP
2020-03	12.38T PHP
2020-04	12.79T PHP
2020-05	12.94T PHP
2020-06	12.81T PHP
2020-07	12.78T PHP
2020-08	12.77T PHP
2020-09	12.83T PHP
2020-10	12.86T PHP
2020-11	13.02T PHP
2020-12	13.56T PHP
2021-01	13.32T PHP
2021-02	13.33T PHP
2021-03	13.49T PHP
2021-04	13.54T PHP
2021-05	13.62T PHP
2021-06	13.74T PHP
2021-07	13.72T PHP
2021-08	13.8T PHP
2021-09	14.01T PHP
2021-10	14.04T PHP
2021-11	14.24T PHP
2021-12	14.77T PHP
2022-01	14.52T PHP
2022-02	14.53T PHP
2022-03	14.62T PHP
2022-04	14.65T PHP
2022-05	14.7T PHP
2022-06	14.89T PHP
2022-07	14.83T PHP
2022-08	14.91T PHP
2022-09	14.91T PHP
2022-10	14.96T PHP
2022-11	15.17T PHP
2022-12	15.92T PHP
2023-01	15.51T PHP
2023-02	15.62T PHP
2023-03	15.77T PHP
2023-04	15.83T PHP
2023-05	15.89T PHP
2023-06	15.97T PHP
2023-07	15.84T PHP
2023-08	16.06T PHP
2023-09	16.18T PHP
2023-10	16.26T PHP
2023-11	16.29T PHP
2023-12	16.95T PHP
2024-01	16.54T PHP
2024-02	16.48T PHP
2024-03	16.75T PHP
2024-04	16.81T PHP
2024-05	17T PHP
2024-06	17.12T PHP
2024-07	17.1T PHP
2024-08	16.99T PHP
2024-09	17.13T PHP
2024-10	17.2T PHP
2024-11	17.63T PHP
2024-12	18.33T PHP
2025-01	17.72T PHP
2025-02	17.54T PHP
2025-03	17.86T PHP
2025-04	17.81T PHP
2025-05	17.99T PHP
2025-06	18.22T PHP
2025-07	18.22T PHP
2025-08	18.22T PHP
2025-09	18.57T PHP
2025-10	18.71T PHP
2025-11	19.06T PHP
2025-12	19.75T PHP
2026-01	19.28T PHP
2026-02	19.35T PHP
2026-03	19.89T PHP
2026-04	19.8T PHP
2026-05	20.07T PHP
2026-06	20T PHP
2026-07	19.87T PHP

Source ↗

US M2

23.22T USD

2026-07 · Year-on-year: +5.4%

View data table

US M2 · 2016-07 → 2026-07
Month	US M2
2016-07	12.91T USD
2016-08	12.99T USD
2016-09	13.05T USD
2016-10	13.12T USD
2016-11	13.21T USD
2016-12	13.24T USD
2017-01	13.32T USD
2017-02	13.4T USD
2017-03	13.46T USD
2017-04	13.52T USD
2017-05	13.57T USD
2017-06	13.58T USD
2017-07	13.64T USD
2017-08	13.7T USD
2017-09	13.74T USD
2017-10	13.8T USD
2017-11	13.85T USD
2017-12	13.89T USD
2018-01	13.9T USD
2018-02	13.95T USD
2018-03	14.01T USD
2018-04	14.03T USD
2018-05	14.09T USD
2018-06	14.13T USD
2018-07	14.17T USD
2018-08	14.22T USD
2018-09	14.24T USD
2018-10	14.26T USD
2018-11	14.29T USD
2018-12	14.39T USD
2019-01	14.46T USD
2019-02	14.51T USD
2019-03	14.56T USD
2019-04	14.59T USD
2019-05	14.7T USD
2019-06	14.8T USD
2019-07	14.88T USD
2019-08	14.97T USD
2019-09	15.05T USD
2019-10	15.19T USD
2019-11	15.3T USD
2019-12	15.35T USD
2020-01	15.43T USD
2020-02	15.49T USD
2020-03	16.03T USD
2020-04	17.06T USD
2020-05	17.93T USD
2020-06	18.18T USD
2020-07	18.33T USD
2020-08	18.41T USD
2020-09	18.61T USD
2020-10	18.76T USD
2020-11	19T USD
2020-12	19.12T USD
2021-01	19.38T USD
2021-02	19.64T USD
2021-03	19.87T USD
2021-04	20.17T USD
2021-05	20.46T USD
2021-06	20.47T USD
2021-07	20.63T USD
2021-08	20.84T USD
2021-09	20.99T USD
2021-10	21.16T USD
2021-11	21.34T USD
2021-12	21.5T USD
2022-01	21.65T USD
2022-02	21.73T USD
2022-03	21.79T USD
2022-04	21.77T USD
2022-05	21.72T USD
2022-06	21.65T USD
2022-07	21.65T USD
2022-08	21.64T USD
2022-09	21.54T USD
2022-10	21.46T USD
2022-11	21.41T USD
2022-12	21.29T USD
2023-01	21.27T USD
2023-02	21.24T USD
2023-03	20.94T USD
2023-04	20.76T USD
2023-05	20.83T USD
2023-06	20.8T USD
2023-07	20.79T USD
2023-08	20.78T USD
2023-09	20.75T USD
2023-10	20.74T USD
2023-11	20.75T USD
2023-12	20.78T USD
2024-01	20.84T USD
2024-02	20.92T USD
2024-03	20.97T USD
2024-04	20.96T USD
2024-05	21.02T USD
2024-06	21.07T USD
2024-07	21.1T USD
2024-08	21.19T USD
2024-09	21.28T USD
2024-10	21.34T USD
2024-11	21.45T USD
2024-12	21.49T USD
2025-01	21.54T USD
2025-02	21.61T USD
2025-03	21.68T USD
2025-04	21.77T USD
2025-05	21.84T USD
2025-06	21.94T USD
2025-07	22.03T USD
2025-08	22.09T USD
2025-09	22.18T USD
2025-10	22.25T USD
2025-11	22.28T USD
2025-12	22.36T USD
2026-01	22.41T USD
2026-02	22.6T USD
2026-03	22.64T USD
2026-04	22.76T USD
2026-05	23.01T USD
2026-06	23.12T USD
2026-07	23.22T USD

Source ↗

Start at 100

Local M2 · US M2 · US M2 in local currency

View data table

Start at 100 · 2016-07 → 2026-07
Month	Local M2	US M2	US M2 in local currency
2016-07	100	100	100
2016-08	99.4	100.6	99.6
2016-09	100.8	101.1	102.2
2016-10	101.6	101.7	104.4
2016-11	103.2	102.4	107.1
2016-12	108	102.6	108.5
2017-01	106.4	103.2	109
2017-02	107.3	103.8	110.2
2017-03	108.6	104.3	111.3
2017-04	108.5	104.7	110.9
2017-05	109.8	105.1	111.3
2017-06	112.7	105.2	111.5
2017-07	113.7	105.7	113.7
2017-08	114.7	106.1	114.9
2017-09	115.5	106.5	115.3
2017-10	116.7	106.9	116.8
2017-11	117.5	107.3	116
2017-12	120.6	107.6	115.1
2018-01	120.2	107.7	115.8
2018-02	121.7	108.1	119.2
2018-03	123.9	108.6	120.2
2018-04	123.7	108.7	120.2
2018-05	125	109.2	121.2
2018-06	125.5	109.5	123.6
2018-07	125.8	109.8	124.5
2018-08	126.4	110.2	124.7
2018-09	126.6	110.4	126.6
2018-10	126.2	110.5	126.6
2018-11	127.4	110.7	124
2018-12	131	111.5	125.1
2019-01	128.5	112	124.8
2019-02	129	112.4	124.5
2019-03	129.7	112.8	125.9
2019-04	130.6	113.1	125
2019-05	131.4	113.9	126.5
2019-06	132.2	114.7	126
2019-07	132.7	115.3	125.2
2019-08	132.6	116	128.6
2019-09	134.8	116.6	129
2019-10	135.7	117.7	128.6
2019-11	138.7	118.5	127.8
2019-12	145.3	118.9	128.3
2020-01	142.8	119.5	129.1
2020-02	142	120	129.5
2020-03	146.3	124.2	134.7
2020-04	151.2	132.2	142.4
2020-05	152.9	138.9	149.2
2020-06	151.4	140.9	149.8
2020-07	151.1	142	149
2020-08	151	142.7	147.8
2020-09	151.7	144.1	148.6
2020-10	152	145.3	149.7
2020-11	153.9	147.2	150.9
2020-12	160.3	148.1	151.3
2021-01	157.4	150.1	153.3
2021-02	157.5	152.2	156.1
2021-03	159.4	154	158.8
2021-04	160	156.3	161
2021-05	160.9	158.5	161.4
2021-06	162.4	158.6	162.4
2021-07	162.2	159.8	170.2
2021-08	163.1	161.5	172.2
2021-09	165.6	162.6	173.5
2021-10	166	164	176.7
2021-11	168.3	165.3	176.9
2021-12	174.6	166.6	178.2
2022-01	171.7	167.7	182.6
2022-02	171.8	168.3	183.4
2022-03	172.8	168.8	186.9
2022-04	173.2	168.7	186.3
2022-05	173.8	168.3	187.3
2022-06	175.9	167.7	191.4
2022-07	175.3	167.7	199.3
2022-08	176.2	167.7	198.9
2022-09	176.2	166.9	204.4
2022-10	176.8	166.3	207.6
2022-11	179.3	165.9	202.7
2022-12	188.1	165	194.9
2023-01	183.4	164.8	192.4
2023-02	184.7	164.6	191.7
2023-03	186.4	162.3	188.6
2023-04	187.1	160.8	189.4
2023-05	187.8	161.4	191.2
2023-06	188.7	161.1	191
2023-07	187.2	161.1	187.8
2023-08	189.8	161	192.7
2023-09	191.3	160.8	194
2023-10	192.2	160.7	193.9
2023-11	192.5	160.8	190.5
2023-12	200.3	161	190.1
2024-01	195.5	161.4	192.1
2024-02	194.8	162.1	192.9
2024-03	198	162.4	192.8
2024-04	198.7	162.4	196.7
2024-05	200.9	162.9	200.1
2024-06	202.4	163.2	203.6
2024-07	202.1	163.5	203.1
2024-08	200.9	164.2	198.6
2024-09	202.5	164.8	196.3
2024-10	203.2	165.3	201.8
2024-11	208.3	166.2	207.3
2024-12	216.7	166.5	206.6
2025-01	209.4	166.9	207.1
2025-02	207.3	167.4	206.4
2025-03	211.1	168	204.8
2025-04	210.5	168.7	203.7
2025-05	212.6	169.2	199.9
2025-06	215.4	170	203.5
2025-07	215.4	170.6	206.2
2025-08	215.4	171.2	207.7
2025-09	219.5	171.8	209.1
2025-10	221.2	172.4	213.7
2025-11	225.2	172.6	215.9
2025-12	233.5	173.2	216.6
2026-01	227.8	173.6	218.4
2026-02	228.8	175.1	216.4
2026-03	235	175.4	222.1
2026-04	234.1	176.3	225.9
2026-05	237.2	178.3	232.5
2026-06	236.4	179.1	232.7
2026-07	234.8	179.9	235.4

US benchmarks first convert the starting amount into US dollars, apply the US M2 or CPI ratio, then convert at the ending exchange rate. Currency movements therefore affect the local-currency answer.

Calculators

PHP

01Past money valuePast money value · PHP→02Asset growth comparisonAsset growth comparison · PHP→03Future wealth needsFuture wealth needs · PHP→04Gold price comparisonGold price comparison · PHP→

Government & household debt

Debt data & sources →

Published balances, not live counters. Dates and coverage differ. Gross debt does not deduct assets; these figures alone do not measure financial health.

Government debt

Central government

19.39T PHP

19,389.21billionPHP

Observation date: 2026-07-31

Year-on-year: 10.39%

Source: Bureau of the Treasury, Philippines — July 2026 debt release, annex p.2 ↗

Household debt

A verified total is not yet included.

Why the results differ

M2 measures a stock of broad money. Scaling an amount by the M2 ratio preserves its mathematical share of that aggregate; it does not measure the cost of a household shopping basket.

CPI tracks the average price of a defined basket of goods and services. The result estimates an equivalent basket cost, not your personal cost of living. National baskets and money definitions differ.

Notes

Practical explanations of money supply, prices and exchange rates, with sources and calculators.

M2CPI

M2 or CPI: what does “the value of PHP” actually mean?

Compare money-supply share and consumer purchasing power, with a worked example and a checklist for reading PHP calculations.

Sep 12, 2026

USDExchange rate

Why exchange rates change a US benchmark expressed in PHP

Follow the three-step conversion from PHP to USD and back, and see how currency movements can change a money-value comparison.

Sep 12, 2026

M2Trend estimate

Why the M2 counter moves: reading the PHP trend estimate

Understand the clock-based M2 projection, its reference month, annual growth assumption and the difference from published statistics.

Sep 12, 2026