Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0
Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0
Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%
Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0
Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

Economy of Philippines. Statistics, Data and Indicators

flag
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 356 USD Billion 2019
GDP Annual Growth Rate 6.4 % 4Q/19
GDP Growth Rate 2.2 % 4Q/19
GDP per capita 3022 USD 2018
Inflation Rate YoY 2.5 % Mar/20
Interest Rate 3.25 % Mar/20
Unemployment Rate 5.3 % 1Q/20
Wages 10458 PHP/Month 2016
Balance of Trade -3499239 USD Thousand | -3.499 B USD Jan/20
Current Account 1218 USD Million | 1.218 B USD Dec/19
Foreign Exchange Reserves 87610 USD Million | 87.61 B USD Feb/20


GDP
vvp
356
USD Billion
#42 from 174 countries
GDP per capita
vvp
3022
USD
#114 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 356 USD Billion 2019
GDP Annual Growth Rate 6.4 % 4Q/19
GDP Growth Rate 2.2 % 4Q/19
GDP per capita 3022 USD 2018
Gross National Product 2975936 PHP Million | 2975.936 USD Billion 4Q/19
GDP Constant Prices 2654444 PHP Million | 2654.444 B USD 4Q/19
GDP per capita PPP 7942 USD 2018
GDP From Agriculture  185007 PHP Million | 185.007 B USD 4Q/19
GDP From Construction  302777 PHP Million | 302.777 B USD 4Q/19
GDP From Manufacturing  622014 PHP Million | 622.014 B USD 4Q/19
GDP From Mining  19734 PHP Million | 19.734 B USD 4Q/19
GDP From Public Administration  125406 PHP Million | 125.406 B USD 4Q/19
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  76382 PHP Million | 76.382 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 41.9 % 2018
Government Budget Value -37595 PHP Million | -37.595 USD Billion Feb/20
Government Spending 280571 PHP Million | 280.571 USD Billion 4Q/19
Government Revenues 206835 PHP Million | 206.835 USD Billion Feb/20
Fiscal Expenditure  244430 PHP Million | 244.43 B USD Feb/20
Government Budget to GDP -3.2 % 2018
Military Expenditure 3753 USD Million | 3.753 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 122 index points Mar/20
Export Prices 106 index points 4Q/19
Food Inflation 2.6 % Mar/20
Gasoline Prices 0.82 USD/Liter Mar/20
GDP Deflator 199 index points 4Q/19
Import Prices 120 index points 4Q/19
Inflation Rate YoY 2.5 % Mar/20
Producer Prices 132 index points Feb/20
Inflation Rate Mom -0.1 % Mar/20
Core Consumer Prices 122 Index Points Mar/20
Core Inflation Rate 3 % Mar/20
CPI Housing Utilities 115 Index Points Mar/20
CPI Transportation 104 Index Points Mar/20
Producer Prices Change  -4.8 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -2.4 % 2018
Balance of Trade -3499239 USD Thousand | -3.499 USD Billion Jan/20
Capital Flows 6.56 USD Million | 0.007 USD Billion Dec/19
Current Account 1218 USD Million | 1.218 USD Billion Dec/19
Exports 5788774 USD Thousand | 5.789 USD Billion Jan/20
External Debt 83618 USD Million | 83.618 USD Billion 2019
Foreign Exchange Reserves 87610 USD Million | 87.61 USD Billion Feb/20
Imports 9288013 USD Thousand | 9.288 USD Billion Jan/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 4Q/19
Interbank Rate 5.22 % Apr/19
Interest Rate 3.25 % Mar/20
Loans to Private Sector 7920155 PHP Million | 7920.155 USD Billion Jan/20
Money Supply M0 1292597 PHP Million | 1292.597 USD Billion Jan/20
Money Supply M1 4435552 PHP Million | 4435.552 USD Billion Jan/20
Money Supply M2 12078764 PHP Million | 12078.764 USD Billion Jan/20
Money Supply M3 12793346 PHP Million | 12793.346 USD Billion Jan/20
Central Bank Balance Sheet 4997 PHP Billion | 4997 B USD Nov/19
Deposit Interest Rate 2.75 % Mar/20
Foreign Direct Investment 1153 USD Million | 1.153 B USD Dec/19


Labor Indicators

Indicator Data Period
Minimum Wages 537 PHP/Day | 11277 USD/Month 2018
Unemployment Rate 5.3 % 1Q/20
Wages 10458 PHP/Month 2016
Employed Persons 42653 Thousand Person | 42.653 Million Person 1Q/20
Employment Rate  94.69 % 1Q/20
Labor Force Participation Rate 61.71 % 1Q/20
Unemployed Persons 2390 Thousand Persons | 2.39 Million Persons 1Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Feb/19
Industrial Production -1.8 % Feb/20


Business Indicators

Indicator Data Period
Business Confidence 40.2 index points 4Q/19
Corruption Index 34 index points 2019
Corruption Rank 113 place 2019
Ease of Doing Business 95 place 2019
Manufacturing PMI 39.7 index points Mar/20
Competitiveness Index 61.87 Index Points 2019
Competitiveness Rank 64 2019
Total Vehicle Sales 8093 Units | 0.008 M Units Feb/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 1.3 index points 4Q/19
Retail Sales MoM 0.2 % May/19
Retail Sales YoY 1.6 % Jan/20
Consumer Credit 457 PHP Billion | 457 USD Billion 4Q/19
Consumer Spending 1888718 PHP Million | 1888.718 USD Billion 4Q/19


Gold Reserves
gold_reserve_icon
198
Tonnes
#24 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
87.61
USD Billion
#27 from 114 countries


Government Budget Value
balance_icon
-37.595
USD Billion
#111 from 113 countries
Inflation Rate
inflation_icon
2.5
%
#127 from 174 countries


Interest Rate
discount_rate_icon
3.25
%
#81 from 159 countries
Bank Lending Rate
credit_rate_icon
6.54%
#16 from 55 countries


Unemployment Rate
unemployment_icon
5.3
%
#98 from 171 countries
Wages
salary_icon
200.58
USD/Month
#75 from 82 countries