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Economy of Philippines. Statistics, Data and Indicators

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Philippines
53BBB Credit rank #57
99.11 Quality of life #56
115 Corruption rank#95
95 Ease of doing business#112
Philippines


Philippines Major Economic Indicators

Indicator Data Period
GDP Value 377 USD Billion 2019
GDP Annual Growth Rate -8.3 % 4Q/20
GDP Growth Rate 5.6 % 4Q/20
GDP per capita 3338 USD 2019
Inflation Rate YoY 4.5 % Mar/21
Interest Rate 2 % Mar/21
Unemployment Rate 8.7 % 1Q/21
Wages 10458 PHP/Month 2016
Balance of Trade -2293236 USD Thousand | -2.293 B USD Feb/21
Current Account 1010 USD Million | 1.01 B USD Dec/20
Foreign Exchange Reserves 104820 USD Million | 104.82 B USD Mar/21


GDP
vvp
377
USD Billion
#42 from 174 countries
GDP per capita
vvp
3338
USD
#114 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 377 USD Billion 2019
GDP Annual Growth Rate -8.3 % 4Q/20
GDP Growth Rate 5.6 % 4Q/20
GDP per capita 3338 USD 2019
Gross National Product 4782916 PHP Million | 4782.916 USD Billion 4Q/20
GDP Constant Prices 4825185 PHP Million | 4825.185 B USD 4Q/20
GDP per capita PPP 8908 USD 2019
GDP From Agriculture  519641 PHP Million | 519.641 B USD 4Q/20
GDP From Construction  326571 PHP Million | 326.571 B USD 4Q/20
GDP From Manufacturing  974013 PHP Million | 974.013 B USD 4Q/20
GDP From Mining  30929 PHP Million | 30.929 B USD 4Q/20
GDP From Public Administration  249426 PHP Million | 249.426 B USD 4Q/20
GDP From Services  2830158 PHP Million | 2830.158 B USD 4Q/20
GDP From Transport  135648 PHP Million | 135.648 B USD 4Q/20
GDP From Utilities  143873 PHP Million | 143.873 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 41.5 % 2019
Government Budget Value -115970 PHP Million | -115.97 USD Billion Feb/21
Government Spending 633066 PHP Million | 633.066 USD Billion 4Q/20
Government Revenues 219562 PHP Million | 219.562 USD Billion Feb/21
Fiscal Expenditure  335532 PHP Million | 335.532 B USD Feb/21
Government Budget to GDP -3.5 % 2019
Military Expenditure 3327 USD Million | 3.327 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 128 index points Mar/21
Export Prices 103 index points 4Q/20
Food Inflation 5.8 % Mar/21
Gasoline Prices 1.06 USD/Liter Mar/21
GDP Deflator 107 index points 4Q/20
Import Prices 93.65 index points 4Q/20
Inflation Rate YoY 4.5 % Mar/21
Producer Prices 91.16 index points Feb/21
Inflation Rate Mom -0.2 % Mar/21
Core Consumer Prices 126 Index Points Mar/21
Core Inflation Rate 3.5 % Mar/21
CPI Housing Utilities 116 Index Points Mar/21
CPI Transportation 118 Index Points Mar/21
Producer Prices Change  -5.3 % Feb/21


Trade Indicators

Indicator Data Period
Current Account to GDP 2.2 % 2019
Balance of Trade -2293236 USD Thousand | -2.293 USD Billion Feb/21
Capital Flows 7.34 USD Million | 0.007 USD Billion Dec/20
Current Account 1010 USD Million | 1.01 USD Billion Dec/20
Exports 5308715 USD Thousand | 5.309 USD Billion Feb/21
External Debt 98488 USD Million | 98.488 USD Billion 2020
Foreign Exchange Reserves 104820 USD Million | 104.82 USD Billion Mar/21
Imports 7601951 USD Thousand | 7.602 USD Billion Feb/21
Tourist Arrivals 19793 Persons | 0.02 Million Persons Dec/20


Money Indicators

Indicator Data Period
Bank Lending Rate 6.54 % Dec/19
Gold Reserves 188 Tonnes 4Q/20
Interbank Rate 5.22 % Apr/19
Interest Rate 2 % Mar/21
Loans to Private Sector 7827678 PHP Million | 7827.678 USD Billion Feb/21
Money Supply M0 1617498 PHP Million | 1617.498 USD Billion Feb/21
Money Supply M1 5376988 PHP Million | 5376.988 USD Billion Feb/21
Money Supply M2 13316155 PHP Million | 13316.155 USD Billion Feb/21
Money Supply M3 13963382 PHP Million | 13963.382 USD Billion Feb/21
Central Bank Balance Sheet 7340 PHP Billion | 7340 B USD Nov/20
Deposit Interest Rate 1.5 % Mar/21
Foreign Direct Investment 1000 USD Million | 1 B USD Jan/21


Labor Indicators

Indicator Data Period
Minimum Wages 537 PHP/Day | 11277 USD/Month 2019
Unemployment Rate 8.7 % 1Q/21
Wages 10458 PHP/Month 2016
Employed Persons 41248 Thousand Person | 41.248 Million Person 1Q/21
Employment Rate  91.25 % 1Q/21
Labor Force Participation Rate 60.48 % 1Q/21
Unemployed Persons 3953 Thousand Persons | 3.953 Million Persons 1Q/21


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Feb/19
Industrial Production -46.5 % Feb/21


Business Indicators

Indicator Data Period
Business Confidence 17.4 index points 1Q/21
Corruption Index 34 index points 2020
Corruption Rank 115 place 2020
Ease of Doing Business 95 place 2019
Manufacturing PMI 52.2 index points Mar/21
Competitiveness Index 61.87 Index Points 2019
Competitiveness Rank 64 2019
Total Vehicle Sales 6661 Units | 0.007 M Units Mar/21


Consumer Indicators

Indicator Data Period
Consumer Confidence -47.9 index points 4Q/20
Retail Sales MoM 0.2 % May/19
Retail Sales YoY 1.4 % Feb/21
Consumer Credit 406 PHP Billion | 406 USD Billion 3Q/20
Consumer Spending 3651786 PHP Million | 3651.786 USD Billion 4Q/20


Gold Reserves
gold_reserve_icon
188
Tonnes
#24 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
104.82
USD Billion
#27 from 114 countries


Government Budget Value
balance_icon
-115.97
USD Billion
#111 from 113 countries
Inflation Rate
inflation_icon
4.5
%
#127 from 174 countries


Interest Rate
discount_rate_icon
2
%
#81 from 159 countries
Bank Lending Rate
credit_rate_icon
6.54%
#16 from 55 countries


Unemployment Rate
unemployment_icon
8.7
%
#98 from 171 countries
Wages
salary_icon
200.58
USD/Month
#75 from 82 countries