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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
113 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 -11.5 % 3Q/20
GDP Growth Rate 8 % 3Q/20
GDP per capita 3338 USD 2019
Inflation Rate YoY 3.3 % Nov/20
Interest Rate 2 % Nov/20
Unemployment Rate 8.7 % 4Q/20
Wages 10458 PHP/Month 2016
Balance of Trade -1707670 USD Thousand | -1.708 B USD Sep/20
Current Account 1041 USD Million | 1.041 B USD Jun/20
Foreign Exchange Reserves 103814 USD Million | 103.814 B USD Oct/20


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 -11.5 % 3Q/20
GDP Growth Rate 8 % 3Q/20
GDP per capita 3338 USD 2019
Gross National Product 4644992 PHP Million | 4644.992 USD Billion 3Q/20
GDP Constant Prices 4138012 PHP Million | 4138.012 B USD 3Q/20
GDP per capita PPP 8908 USD 2019
GDP From Agriculture  404981 PHP Million | 404.981 B USD 3Q/20
GDP From Construction  231440 PHP Million | 231.44 B USD 3Q/20
GDP From Manufacturing  687801 PHP Million | 687.801 B USD 3Q/20
GDP From Mining  24399 PHP Million | 24.399 B USD 3Q/20
GDP From Public Administration  212539 PHP Million | 212.539 B USD 3Q/20
GDP From Services  2622036 PHP Million | 2622.036 B USD 3Q/20
GDP From Transport  121294 PHP Million | 121.294 B USD 3Q/20
GDP From Utilities  167355 PHP Million | 167.355 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 41.5 % 2019
Government Budget Value -61362 PHP Million | -61.362 USD Billion Oct/20
Government Spending 612157 PHP Million | 612.157 USD Billion 3Q/20
Government Revenues 228206 PHP Million | 228.206 USD Billion Oct/20
Fiscal Expenditure  289568 PHP Million | 289.568 B USD Oct/20
Government Budget to GDP -3.5 % 2019
Military Expenditure 3753 USD Million | 3.753 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 125 index points Nov/20
Export Prices 91.24 index points 3Q/20
Food Inflation 4.3 % Nov/20
Gasoline Prices 0.96 USD/Liter Nov/20
GDP Deflator 102 index points 3Q/20
Import Prices 97.74 index points 3Q/20
Inflation Rate YoY 3.3 % Nov/20
Producer Prices 130 index points Sep/20
Inflation Rate Mom 1.1 % Nov/20
Core Consumer Prices 124 Index Points Nov/20
Core Inflation Rate 3.2 % Nov/20
CPI Housing Utilities 114 Index Points Nov/20
CPI Transportation 114 Index Points Nov/20
Producer Prices Change  -3.9 % Sep/20


Trade Indicators

Indicator Data Period
Current Account to GDP 2.2 % 2019
Balance of Trade -1707670 USD Thousand | -1.708 USD Billion Sep/20
Capital Flows 5.03 USD Million | 0.005 USD Billion Jun/20
Current Account 1041 USD Million | 1.041 USD Billion Jun/20
Exports 6216330 USD Thousand | 6.216 USD Billion Sep/20
External Debt 83618 USD Million | 83.618 USD Billion 2019
Foreign Exchange Reserves 103814 USD Million | 103.814 USD Billion Oct/20
Imports 7924000 USD Thousand | 7.924 USD Billion Sep/20
Tourist Arrivals 776798 Persons | 0.777 Million Persons Dec/19


Money Indicators

Indicator Data Period
Bank Lending Rate 6.54 % Dec/19
Gold Reserves 190 Tonnes 3Q/20
Interbank Rate 5.22 % Apr/19
Interest Rate 2 % Nov/20
Loans to Private Sector 7902962 PHP Million | 7902.962 USD Billion Sep/20
Money Supply M0 1528401 PHP Million | 1528.401 USD Billion Sep/20
Money Supply M1 5024082 PHP Million | 5024.082 USD Billion Sep/20
Money Supply M2 12841970 PHP Million | 12841.97 USD Billion Sep/20
Money Supply M3 13508240 PHP Million | 13508.24 USD Billion Sep/20
Central Bank Balance Sheet 5951 PHP Billion | 5951 B USD May/20
Deposit Interest Rate 1.5 % Nov/20
Foreign Direct Investment 637 USD Million | 0.637 B USD Aug/20


Labor Indicators

Indicator Data Period
Minimum Wages 537 PHP/Day | 11277 USD/Month 2019
Unemployment Rate 8.7 % 4Q/20
Wages 10458 PHP/Month 2016
Employed Persons 39836 Thousand Person | 39.836 Million Person 4Q/20
Employment Rate  90.04 % 3Q/20
Labor Force Participation Rate 61.94 % 3Q/20
Unemployed Persons 3813 Thousand Persons | 3.813 Million Persons 4Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Feb/19
Industrial Production -14.2 % Oct/20


Business Indicators

Indicator Data Period
Business Confidence -5.3 index points 3Q/20
Corruption Index 34 index points 2019
Corruption Rank 113 place 2019
Ease of Doing Business 95 place 2019
Manufacturing PMI 49.9 index points Nov/20
Competitiveness Index 61.87 Index Points 2019
Competitiveness Rank 64 2019
Total Vehicle Sales 8988 Units | 0.009 M Units Oct/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -54.5 index points 3Q/20
Retail Sales MoM 0.2 % May/19
Retail Sales YoY 1.2 % Oct/20
Consumer Credit 413 PHP Billion | 413 USD Billion 2Q/20
Consumer Spending 3028855 PHP Million | 3028.855 USD Billion 3Q/20


Gold Reserves
gold_reserve_icon
190
Tonnes
#24 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
103.814
USD Billion
#27 from 114 countries


Government Budget Value
balance_icon
-61.362
USD Billion
#111 from 113 countries
Inflation Rate
inflation_icon
3.3
%
#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