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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
117 Corruption rank#95
95 Ease of doing business#112
Philippines


Philippines Major Economic Indicators

Indicator Data Period
GDP Value 361 USD Billion 2020
GDP Annual Growth Rate 8.3 % 1Q/22
GDP Growth Rate 1.9 % 1Q/22
GDP per capita 3270 USD 2020
Inflation Rate YoY 5.4 % May/22
Interest Rate 2.5 % Jun/22
Unemployment Rate 5.7 % 1Q/22
Wages 10458 PHP/Month 2016
Balance of Trade -4773150 USD Thousand | -4.773 B USD Apr/22
Current Account -2442 USD Million | -2.442 B USD Mar/22
Foreign Exchange Reserves 103530 USD Million | 103.53 B USD May/22


GDP Indicators

Indicator Data Period
GDP Value 361 USD Billion 2020
GDP Annual Growth Rate 8.3 % 1Q/22
GDP Growth Rate 1.9 % 1Q/22
GDP per capita 3270 USD 2020
Gross National Product 5117892 PHP Million | 5117.892 USD Billion 1Q/22
GDP Constant Prices 4618133 PHP Million | 4618.133 B USD 1Q/22
GDP per capita PPP 7954 USD 2020
GDP From Agriculture  434737 PHP Million | 434.737 B USD 1Q/22
GDP From Construction  253598 PHP Million | 253.598 B USD 1Q/22
GDP From Manufacturing  974740 PHP Million | 974.74 B USD 1Q/22
GDP From Mining  42851 PHP Million | 42.851 B USD 1Q/22
GDP From Public Administration  207445 PHP Million | 207.445 B USD 1Q/22
GDP From Services  2766870 PHP Million | 2766.87 B USD 1Q/22
GDP From Transport  170879 PHP Million | 170.879 B USD 1Q/22
GDP From Utilities  145338 PHP Million | 145.338 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 53.5 % 2020
Government Budget Value -146785 PHP Million | -146.785 USD Billion May/22
Government Spending 673241 PHP Million | 673.241 USD Billion 1Q/22
Government Revenues 347949 PHP Million | 347.949 USD Billion Apr/22
Fiscal Expenditure  343013 PHP Million | 343.013 B USD Apr/22
Government Budget to GDP -7.5 % 2020
Military Expenditure 3495 USD Million | 3.495 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 114 index points May/22
Export Prices 107 index points 1Q/22
Food Inflation 4.9 % May/22
Gasoline Prices 1.55 USD/Liter May/22
GDP Deflator 107 index points 1Q/22
Import Prices 118 index points 1Q/22
Inflation Rate YoY 5.4 % May/22
Producer Prices 96.5 index points May/22
Inflation Rate Mom 0.4 % May/22
Core Consumer Prices 129 Index Points Dec/21
Core Inflation Rate 3 % Dec/21
CPI Housing Utilities 112 Index Points May/22
CPI Transportation 127 Index Points May/22
Producer Prices Change  6.9 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 3.6 % 2020
Balance of Trade -4773150 USD Thousand | -4.773 USD Billion Apr/22
Capital Flows -33.36 USD Million | -0.033 USD Billion Mar/22
Current Account -2442 USD Million | -2.442 USD Billion Mar/22
Exports 6128576 USD Thousand | 6.129 USD Billion Apr/22
External Debt 106428 USD Million | 106.428 USD Billion 2021
Foreign Exchange Reserves 103530 USD Million | 103.53 USD Billion May/22
Imports 10901726 USD Thousand | 10.902 USD Billion Apr/22
Tourist Arrivals 11855 Persons | 0.012 Million Persons Jun/21


Money Indicators

Indicator Data Period
Bank Lending Rate 6.54 % Dec/19
Gold Reserves 156 Tonnes 1Q/22
Interbank Rate 5.22 % Apr/19
Interest Rate 2.5 % Jun/22
Loans to Private Sector 8741865 PHP Million | 8741.865 USD Billion Apr/22
Money Supply M0 1929974 PHP Million | 1929.974 USD Billion Apr/22
Money Supply M1 6338959 PHP Million | 6338.959 USD Billion Apr/22
Money Supply M2 14657098 PHP Million | 14657.098 USD Billion Apr/22
Money Supply M3 15253467 PHP Million | 15253.467 USD Billion Apr/22
Central Bank Balance Sheet 7576 PHP Billion | 7576 B USD Dec/21
Deposit Interest Rate 2 % Jun/22
Foreign Direct Investment 727 USD Million | 0.727 B USD Mar/22


Labor Indicators

Indicator Data Period
Minimum Wages 570 PHP/Day | 11970 USD/Month 2022
Unemployment Rate 5.7 % 1Q/22
Wages 10458 PHP/Month 2016
Employed Persons 45631 Thousand Person | 45.631 Million Person 2Q/22
Employment Rate  93.6 % 0Q/22
Labor Force Participation Rate 63.8 % 0Q/22
Unemployed Persons 2762 Thousand Persons | 2.762 Million Persons 2Q/22


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Feb/19
Industrial Production 9.7 % Apr/22


Business Indicators

Indicator Data Period
Business Confidence 35.4 index points 2Q/22
Corruption Index 33 index points 2021
Corruption Rank 117 place 2021
Ease of Doing Business 95 place 2019
Manufacturing PMI 53.8 index points Jun/22
Competitiveness Index 61.87 Index Points 2019
Competitiveness Rank 64 2019
Total Vehicle Sales 6964 Units | 0.007 M Units May/22


Consumer Indicators

Indicator Data Period
Consumer Confidence -5.2 index points 2Q/22
Retail Sales MoM 0.2 % May/19
Retail Sales YoY 2.1 % May/21
Consumer Credit 446 PHP Billion | 446 USD Billion 1Q/22
Consumer Spending 3476450 PHP Million | 3476.45 USD Billion 1Q/22