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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 -16.5 % 2Q/20
GDP Growth Rate -15.2 % 2Q/20
GDP per capita 3338 USD 2019
Inflation Rate YoY 2.4 % Aug/20
Interest Rate 2.25 % Sep/20
Unemployment Rate 10 % 3Q/20
Wages 10458 PHP/Month 2016
Balance of Trade -1827000 USD Thousand | -1.827 B USD Jul/20
Current Account 1041 USD Million | 1.041 B USD Jun/20
Foreign Exchange Reserves 99000 USD Million | 99 B USD Aug/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 -16.5 % 2Q/20
GDP Growth Rate -15.2 % 2Q/20
GDP per capita 3338 USD 2019
Gross National Product 4380420 PHP Million | 4380.42 USD Billion 2Q/20
GDP Constant Prices 4154830 PHP Million | 4154.83 B USD 2Q/20
GDP per capita PPP 8908 USD 2019
GDP From Agriculture  185007 PHP Million | 185.007 B USD 4Q/19
GDP From Construction  554684 PHP Million | 554.684 B USD 2Q/20
GDP From Manufacturing  716454 PHP Million | 716.454 B USD 2Q/20
GDP From Mining  42917 PHP Million | 42.917 B USD 2Q/20
GDP From Public Administration  257972 PHP Million | 257.972 B USD 2Q/20
GDP From Services  1515057 PHP Million | 1515.057 B USD 4Q/19
GDP From Transport  68311 PHP Million | 68.311 B USD 4Q/19
GDP From Utilities  143311 PHP Million | 143.311 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 41.5 % 2019
Government Budget Value -140208 PHP Million | -140.208 USD Billion Jul/20
Government Spending 854692 PHP Million | 854.692 USD Billion 2Q/20
Government Revenues 234468 PHP Million | 234.468 USD Billion Jul/20
Fiscal Expenditure  374676 PHP Million | 374.676 B USD Jul/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) 123 index points Aug/20
Export Prices 89.18 index points 2Q/20
Food Inflation 1.8 % Aug/20
Gasoline Prices 1.01 USD/Liter Aug/20
GDP Deflator 99.9 index points 2Q/20
Import Prices 92 index points 2Q/20
Inflation Rate YoY 2.4 % Aug/20
Producer Prices 130 index points Jul/20
Inflation Rate Mom -0.2 % Aug/20
Core Consumer Prices 123 Index Points Aug/20
Core Inflation Rate 3.1 % Aug/20
CPI Housing Utilities 114 Index Points Aug/20
CPI Transportation 113 Index Points Aug/20
Producer Prices Change  -3.3 % Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP 2.2 % 2019
Balance of Trade -1827000 USD Thousand | -1.827 USD Billion Jul/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 5653530 USD Thousand | 5.654 USD Billion Jul/20
External Debt 83618 USD Million | 83.618 USD Billion 2019
Foreign Exchange Reserves 99000 USD Million | 99 USD Billion Aug/20
Imports 7480870 USD Thousand | 7.481 USD Billion Jul/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 198 Tonnes 2Q/20
Interbank Rate 5.22 % Apr/19
Interest Rate 2.25 % Sep/20
Loans to Private Sector 7981521 PHP Million | 7981.521 USD Billion Jul/20
Money Supply M0 1530210 PHP Million | 1530.21 USD Billion Jul/20
Money Supply M1 5006091 PHP Million | 5006.091 USD Billion Jul/20
Money Supply M2 12754546 PHP Million | 12754.546 USD Billion Jul/20
Money Supply M3 13609103 PHP Million | 13609.103 USD Billion Jul/20
Central Bank Balance Sheet 5949 PHP Billion | 5949 B USD May/20
Deposit Interest Rate 1.75 % Aug/20
Foreign Direct Investment 481 USD Million | 0.481 B USD Jun/20


Labor Indicators

Indicator Data Period
Minimum Wages 537 PHP/Day | 11277 USD/Month 2019
Unemployment Rate 10 % 3Q/20
Wages 10458 PHP/Month 2016
Employed Persons 41306 Thousand Person | 41.306 Million Person 3Q/20
Employment Rate  90.04 % 3Q/20
Labor Force Participation Rate 61.94 % 3Q/20
Unemployed Persons 4571 Thousand Persons | 4.571 Million Persons 3Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Feb/19
Industrial Production -14.8 % Jul/20


Business Indicators

Indicator Data Period
Business Confidence 22.3 index points 1Q/20
Corruption Index 34 index points 2019
Corruption Rank 113 place 2019
Ease of Doing Business 95 place 2019
Manufacturing PMI 47.3 index points Aug/20
Competitiveness Index 61.87 Index Points 2019
Competitiveness Rank 64 2019
Total Vehicle Sales 5454 Units | 0.005 M Units Aug/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 1.26 index points 1Q/20
Retail Sales MoM 0.2 % May/19
Retail Sales YoY 1.3 % Jun/20
Consumer Credit 413 PHP Billion | 413 USD Billion 2Q/20
Consumer Spending 2913246 PHP Million | 2913.246 USD Billion 2Q/20


Gold Reserves
gold_reserve_icon
198
Tonnes
#24 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
99
USD Billion
#27 from 114 countries


Government Budget Value
balance_icon
-140.208
USD Billion
#111 from 113 countries
Inflation Rate
inflation_icon
2.4
%
#127 from 174 countries


Interest Rate
discount_rate_icon
2.25
%
#81 from 159 countries
Bank Lending Rate
credit_rate_icon
6.54%
#16 from 55 countries


Unemployment Rate
unemployment_icon
10
%
#98 from 171 countries
Wages
salary_icon
200.58
USD/Month
#75 from 82 countries