Philippine Peso

• iso 4217: PHP
• Philippines (Asia)

Philippines Imports

Imports in Philippines decreased to 4708016 USD Thousand in February of 2013 from 4727031 USD Thousand in January of 2013. Imports in Philippines is reported by the The National Statistics Office (NSO). Historically, from 1957 until 2013, Philippines Imports averaged 1476724.80 USD Thousand reaching an all time high of 5882358 USD Thousand in July of 2008 and a record low of 37084 USD Thousand in February of 1963. Philippines main imports are: fuel (25 percent), electronic products (25 percent), transport equipment (7 percent), industrial machinery (5 percent), iron ore and metal scrap (4 percent) and cereals (3 percent). Main import partners are: United States (11 percent), China (11 percent), Japan (10 percent), Taiwan (8 percent), South Korea (9 percent), Thailand (6 percent) and Singapore (6 percent). This page includes a chart with historical data for Philippines Imports.

source: The National Statistics Office (NSO)

Philippines Job Vacancies

Job Vacancies in Philippines increased to 319720 Jobs in June of 2009 from 199942 Jobs in February of 2009. Job Vacancies in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 1987 until 2009, Philippines Job Vacancies averaged 60914.91 Jobs reaching an all time high of 319720 Jobs in June of 2009 and a record low of 3036 Jobs in October of 1988. This page includes a chart with historical data for Philippines Job Vacancies.

source: National Statistics Coordination Board of Philippines

Philippines Interbank Rate

Interbank Rate in Philippines decreased to 2.60 percent in April of 2013 from 2.80 percent in March of 2013. Interbank Rate in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1982 until 2013, Philippines Interbank Rate averaged 11.31 Percent reaching an all time high of 41.30 Percent in June of 1984 and a record low of 2.60 Percent in April of 2013. In Philippines, the interbank rate is the rate of interest charged on short-term loans made between banks. This page includes a chart with historical data for Philippines Interbank Rate.

source: Bangko Sentral Ng Pilipinas

Philippines Housing Index

Housing Index in Philippines increased to 8572000 PHP THO in June of 2012 from 7823000 PHP THO in May of 2012. Housing Index in Philippines is reported by the NSO, Philippines. Historically, from 1979 until 2012, Philippines Housing Index averaged 4685929.63 PHP THO reaching an all time high of 80880327 PHP THO in April of 2000 and a record low of 22571 PHP THO in June of 1979. In Philippines, Housing Index is measured by the value of real estate transactions. This page includes a chart with historical data for Philippines Housing Index.

source: NSO, Philippines

Philippines Gross National Product

Gross National Product in Philippines increased to 2104950 PHP Million in the fourth quarter of 2012 from 2080585 PHP Million in the third quarter of 2012. Gross National Product in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 1998 until 2012, Philippines Gross National Product averaged 1443591.61 PHP Million reaching an all time high of 2104950 PHP Million in November of 2012 and a record low of 939555 PHP Million in May of 1998. This page includes a chart with historical data for Philippines Gross National Product.

source: National Statistics Coordination Board of Philippines

Philippines Government Spending

Government Spending in Philippines decreased to 137884.25 PHP Million in the fourth quarter of 2012 from 156761.10 PHP Million in the third quarter of 2012. Government Spending in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 2008 until 2012, Philippines Government Spending averaged 141447.75 PHP Million reaching an all time high of 189358.84 PHP Million in May of 2012 and a record low of 109965.40 PHP Million in November of 2008. This page includes a chart with historical data for Philippines Government Spending.

source: National Statistics Coordination Board of Philippines

Philippines Wages in Manufacturing

Wages in Manufacturing in Philippines decreased to 999.80 Index Points in the first quarter of 2012 from 1220.10 Index Points in the fourth quarter of 2011. Wages in Manufacturing in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1995 until 2012, Philippines Wages in Manufacturing averaged 892.73 Index Points reaching an all time high of 1349.60 Index Points in May of 2011 and a record low of 638.86 Index Points in February of 1995. This page includes a chart with historical data for Philippines Wages in Manufacturing.

source: National Statistics Office of Philippines

Philippines Wages

Wages in Philippines decreased to 2182.60 Index Points in the first quarter of 2012 from 2419 Index Points in the fourth quarter of 2011. Wages in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1995 until 2012, Philippines Wages averaged 1539.53 Index Points reaching an all time high of 2419 Index Points in November of 2011 and a record low of 870.27 Index Points in February of 1995. In Philippines, wages are benchmarked using indexed salaries. This page includes a chart with historical data for Philippines Wages.

source: National Statistics Office of Philippines

Philippines GDP Deflator

GDP Deflator in Philippines increased to 173.69 Index Points in the fourth quarter of 2012 from 167.51 Index Points in the third quarter of 2012. GDP Deflator in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 1981 until 2012, Philippines GDP Deflator averaged 82.21 Index Points reaching an all time high of 173.69 Index Points in November of 2012 and a record low of 12.35 Index Points in February of 1981. This page includes a chart with historical data for Philippines GDP Deflator.

source: National Statistics Coordination Board of Philippines

Philippines Consumer Spending

Consumer Spending in Philippines increased to 1141727 PHP Million in the fourth quarter of 2012 from 1125213 PHP Million in the third quarter of 2012. Consumer Spending in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 1998 until 2012, Philippines Consumer Spending averaged 830986.41 PHP Million reaching an all time high of 1141727 PHP Million in November of 2012 and a record low of 583959 PHP Million in February of 1998. This page includes a chart with historical data for Philippines Consumer Spending.

source: National Statistics Coordination Board of Philippines

Philippines Consumer Price Index (CPI)

Consumer Price Index (CPI) in Philippines increased to 132.80 Index Points in April of 2013 from 132.50 Index Points in March of 2013. Consumer Price Index (CPI) in Philippines is reported by the National Statistics Office, Philippines. Historically, from 1957 until 2013, Philippines Consumer Price Index (CPI) averaged 37.45 Index Points reaching an all time high of 132.80 Index Points in April of 2013 and a record low of 1.27 Index Points in January of 1957. In Philippines, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page includes a chart with historical data for Philippines Consumer Price Index (CPI).

source: National Statistics Office, Philippines

Philippines Changes in Inventories

Changes in Inventories in Philippines increased to 46441.11 PHP Million in the fourth quarter of 2012 from -438.06 PHP Million in the third quarter of 2012. Changes in Inventories in Philippines is reported by the National Statistics Coordination Board, Philippines. Historically, from 2008 until 2012, Philippines Changes in Inventories averaged -1896.73 PHP Million reaching an all time high of 92123.96 PHP Million in November of 2010 and a record low of -83331.28 PHP Million in February of 2012. In Philippines, changes in inventories are often a leading indicator for the overall performance of the economy. This page includes a chart with historical data for Philippines Changes in Inventories.

source: National Statistics Coordination Board, Philippines

Philippines Car Registrations

Car Registrations in Philippines increased to 107177 Cars in January of 2013 from 87021 Cars in December of 2012. Car Registrations in Philippines is reported by the National Statistics Coordination Board of Philippines. Historically, from 1991 until 2013, Philippines Car Registrations averaged 48309.47 Cars reaching an all time high of 120489 Cars in March of 2011 and a record low of 11359 Cars in March of 1991. This page includes a chart with historical data for Philippines Car Registrations.

source: National Statistics Coordination Board of Philippines

Philippines Capacity Utilization

Capacity Utilization in Philippines increased to 82.90 percent in March of 2013 from 82.80 percent in February of 2013. Capacity Utilization in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1999 until 2013, Philippines Capacity Utilization averaged 80.26 Percent reaching an all time high of 84.40 Percent in October of 2012 and a record low of 74.30 Percent in July of 2002. This page includes a chart with historical data for Philippines Capacity Utilization.

source: National Statistics Office of Philippines

Philippines Bank Lending Rate

Bank Lending Rate in Philippines increased to 5.92 percent in March of 2013 from 5.41 percent in February of 2013. Bank Lending Rate in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1976 until 2013, Philippines Bank Lending Rate averaged 14.20 Percent reaching an all time high of 39.73 Percent in December of 1984 and a record low of 5.29 Percent in November of 2012. In Philippines, the bank lending rate is lower band of the lending rates of interest charged on loans by commercial banks to private individuals and companies. This page includes a chart with historical data for Philippines Bank Lending Rate.

source: Bangko Sentral Ng Pilipinas

Philippines Exports

Exports in Philippines increased to 4328766 USD Thousand in March of 2013 from 3740782.03 USD Thousand in February of 2013. Exports in Philippines is reported by the The National Statistics Office (NSO). Historically, from 1957 until 2013, Philippines Exports averaged 1248297.75 USD Thousand reaching an all time high of 5340847 USD Thousand in September of 2010 and a record low of 23000 USD Thousand in October of 1957. Philippines is the world’s largest producer of coconut, pineapple and abaca (more than 7 percent of total exports revenues). The country is also a major exporter of electronic products like processors, chips and hard drives (over 40 percent of exports). Other exports include: woodcrafts and furniture (5 percent), metal components (3 percent), wiring sets (3 percent), apparel and clothing, bananas, petroleum products and tuna. Main export partners are: Japan (28 percent of total exports), United States (15 percent), China (12 percent), Hong Kong (9 percent), Singapore (8 percent), Thailand (5 percent) and Germany (4 percent). This page includes a chart with historical data for Philippines Exports.

source: The National Statistics Office (NSO)

Philippines Consumer Confidence

Consumer Confidence in Philippines decreased to -11.20 in the first quarter of 2013 from -10.40 in the fourth quarter of 2012. Consumer Confidence in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP). Historically, from 2007 until 2013, Philippines Consumer Confidence averaged -25.34 reaching an all time high of -8.50 in November of 2010 and a record low of -52.80 in August of 2008. In Philippines, the Consumer Expectations Survey covers over 5,000 households of which around 50 percent are from the national capital region Metro Manila. The questions address overall conditions of the economy, household finances and household income. The indicator is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality. This page includes a chart with historical data for Philippines Consumer Confidence.

source: The Bangko Sentral ng Pilipinas (BSP)

Philippines Current Account

Philippines recorded a Current Account surplus of 920 USD Million in December of 2012. Current Account in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP). Historically, from 1980 until 2012, Philippines Current Account averaged 33.10 USD Million reaching an all time high of 1596 USD Million in September of 2010 and a record low of -884 USD Million in July of 1997. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Philippines Current Account.

source: The Bangko Sentral ng Pilipinas (BSP)

Philippines Balance of Trade

Philippines recorded a trade deficit of 967234 USD Thousand in February of 2013. Balance of Trade in Philippines is reported by the The National Statistics Office (NSO). Historically, from 1957 until 2013, Philippines Balance of Trade averaged -233851.15 USD Thousand reaching an all time high of 1144700 USD Thousand in September of 1999 and a record low of -1658000 USD Thousand in November of 2011. Philippines posts regular trade deficits due to high imports of raw materials and intermediate goods. Main imports are: fuel (25 percent), electronic products (25 percent), transport equipment (7 percent) and industrial machinery (5 percent). Philippines is a leading exporter of coconut, pineapple, abaca and electronic products like processors, chips and hard drives (more than 40 percent of total exports). Main trading partners are: Japan (28 percent of total exports and 11 percent of imports), United States (15 percent of exports and 11 percent of imports) and China (12 percent of exports and 11 percent of imports). This page includes a chart with historical data for Philippines Balance of Trade.

source: The National Statistics Office (NSO)

Philippines Business Confidence

Business Confidence in Philippines decreased to 41.50 in the first quarter of 2013 from 49.50 in the fourth quarter of 2012. Business Confidence in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP). Historically, from 2001 until 2013, Philippines Business Confidence averaged 23.01 reaching an all time high of 50.60 in November of 2010 and a record low of -32.60 in November of 2001. In Philippines, the Business Expectations Survey covers the top 7,000 Corporations listed on the Philippine’s Stock Exchange. The survey measures firms’ expectations on financing conditions, volume of business activity, employment and expansion plans. The index is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality. This page includes a chart with historical data for Philippines Business Confidence.

source: The Bangko Sentral ng Pilipinas (BSP)

Philippines Producer Prices

Producer Prices in Philippines increased to 154.20 Index Points in March of 2013 from 154 Index Points in February of 2013. Producer Prices in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1998 until 2013, Philippines Producer Prices averaged 139.83 Index Points reaching an all time high of 180.70 Index Points in September of 2008 and a record low of 81.10 Index Points in March of 1998. In Philippines, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page includes a chart with historical data for Philippines Producer Prices.

source: National Statistics Office of Philippines

Philippines Personal Saving Rates

Personal Savings in Philippines increased to 1.04 percent in March of 2013 from 0.97 percent in February of 2013. Personal Savings in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1982 until 2013, Philippines Personal Saving Rates averaged 6.43 Percent reaching an all time high of 14.50 Percent in January of 1991 and a record low of 0.97 Percent in February of 2013. In Philippines, Personal Saving Rates correspond to the interest rate persons receive on their savings deposits during a certain period of time. This page includes a chart with historical data for Philippines Personal Saving Rates.

source: Bangko Sentral Ng Pilipinas

Philippines Money Supply M3

Money Supply M3 in Philippines increased to 5053391.34 PHP Million in March of 2013 from 4941159.44 PHP Million in February of 2013. Money Supply M3 in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1980 until 2013, Philippines Money Supply M3 averaged 1357378.06 PHP Million reaching an all time high of 5171689.10 PHP Million in December of 2012 and a record low of 56544 PHP Million in January of 1980. Philippines Money Supply M3 includes M2 plus long-term time deposits in banks. This page includes a chart with historical data for Philippines Money Supply M3.

source: Bangko Sentral Ng Pilipinas

Philippines Money Supply M2

Money Supply M2 in Philippines increased to 5040436.08 PHP Million in March of 2013 from 4928393.36 PHP Million in February of 2013. Money Supply M2 in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1980 until 2013, Philippines Money Supply M2 averaged 1336998.70 PHP Million reaching an all time high of 5085679.34 PHP Million in December of 2012 and a record low of 44456 PHP Million in January of 1980. Philippines Money Supply M2 includes M1 plus short-term time deposits in banks. This page includes a chart with historical data for Philippines Money Supply M2.

source: Bangko Sentral Ng Pilipinas

Philippines Money Supply M1

Money Supply M1 in Philippines increased to 1654630.05 PHP Million in March of 2013 from 1589206.06 PHP Million in February of 2013. Money Supply M1 in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1978 until 2013, Philippines Money Supply M1 averaged 359815.70 PHP Million reaching an all time high of 1654630.05 PHP Million in March of 2013 and a record low of 14600 PHP Million in May of 1978. This page includes a chart with historical data for Philippines Money Supply M1.

source: Bangko Sentral Ng Pilipinas

Philippines Money Supply M0

Money Supply M0 in Philippines increased to 540425.69 PHP Million in March of 2013 from 502785.42 PHP Million in February of 2013. Money Supply M0 in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1970 until 2013, Philippines Money Supply M0 averaged 116005.60 PHP Million reaching an all time high of 557490.33 PHP Million in December of 2012 and a record low of 1918 PHP Million in January of 1970. Philippines Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page includes a chart with historical data for Philippines Money Supply M0.

source: Bangko Sentral Ng Pilipinas

Philippines Industrial Production

Industrial Production in Philippines decreased 7.90 percent in March of 2013 over the same month in the previous year. Industrial Production in Philippines is reported by the NSO Philippines. Historically, from 1986 until 2013, Philippines Industrial Production averaged 9.35 Percent reaching an all time high of 68.60 Percent in April of 1988 and a record low of -26.60 Percent in January of 2009. In Philippines, Industrial Production is measured by the Value of Production Index (VaPI) of the manufacturing industry. This page includes a chart with historical data for Industrial Production in Philippines.

source: NSO Philippines

Philippines Inflation Rate

The inflation rate in Philippines was recorded at 2.60 percent in April of 2013. Inflation Rate in Philippines is reported by the The National Statistics Office (NSO). Historically, from 1958 until 2013, Philippines Inflation Rate averaged 9.01 Percent reaching an all time high of 62.80 Percent in September of 1984 and a record low of -2.10 Percent in January of 1959. In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcoholic beverages, tobacco, furnishing, household equipment, restaurants and other goods and services account for the remaining 15 percent. This page includes a chart with historical data for Philippines Inflation Rate.

source: The National Statistics Office (NSO)

Philippines Foreign Exchange Reserves

Foreign Exchange Reserves in Philippines decreased to 83379.75 USD Million in April of 2013 from 84100.93 USD Million in March of 2013. Foreign Exchange Reserves in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1960 until 2013, Philippines Foreign Exchange Reserves averaged 10445.17 USD Million reaching an all time high of 85760.84 USD Million in January of 2013 and a record low of 44.07 USD Million in December of 1961. In Philippines, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page includes a chart with historical data for Philippines Foreign Exchange Reserves.

source: Bangko Sentral Ng Pilipinas

Philippines External Debt

External Debt in Philippines decreased to 60337 USD Million in 2012 from 61711 USD Million in 2011. External Debt in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1981 until 2012, Philippines External Debt averaged 41964.25 USD Million reaching an all time high of 61711 USD Million in December of 2011 and a record low of 20893 USD Million in December of 1981. In Philippines, external debt is a part of the total debt that is owed to creditors outside the country. This page includes a chart with historical data for Philippines External Debt.

source: Bangko Sentral Ng Pilipinas

Philippines Employed Persons

Employed Persons in Philippines increased to 37940 Thousand Persons in the first quarter of 2013 from 37668 Thousand Persons in the fourth quarter of 2012. Employed Persons in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1986 until 2013, Philippines Employed Persons averaged 28400.39 Thousand Persons reaching an all time high of 38545 Thousand Persons in December of 2011 and a record low of 18567 Thousand Persons in June of 1986. In Philippines, employed persons are individuals with a minimum required age who work during a certain time for a business. This page includes a chart with historical data for Philippines Employed Persons.

source: National Statistics Office of Philippines

Philippines Government External Debt

Government External Debt in Philippines decreased to 60337 USD Million in 2012 from 61711 USD Million in 2011. Government External Debt in Philippines is reported by the Bangko Sentral Ng Pilipinas. Historically, from 1981 until 2012, Philippines Government External Debt averaged 41964.25 USD Million reaching an all time high of 61711 USD Million in December of 2011 and a record low of 20893 USD Million in December of 1981. This page includes a chart with historical data for Philippines Government External Debt.

source: Bangko Sentral Ng Pilipinas

Philippines Unemployed Persons

Unemployed Persons in Philippines increased to 2894 Thousand Persons in the first quarter of 2013 from 2763 Thousand Persons in the fourth quarter of 2012. Unemployed Persons in Philippines is reported by the National Statistics Office of Philippines. Historically, from 1986 until 2013, Philippines Unemployed Persons averaged 2874.06 Thousand Persons reaching an all time high of 4989 Thousand Persons in June of 2004 and a record low of 1720 Thousand Persons in September of 1990. In Philippines, unemployed persons are individuals who are without a job and actively seeking to work. This page includes a chart with historical data for Philippines Unemployed Persons.

source: National Statistics Office of Philippines

Philippines Interest Rate

The benchmark interest rate in Philippines was last recorded at 3.50 percent. Interest Rate in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP). Historically, from 1985 until 2013, Philippines Interest Rate averaged 10.02 Percent reaching an all time high of 56.60 Percent in December of 1990 and a record low of 3.50 Percent in September of 2012. In Philippines, interest rate decisions are taken by The Monetary Board of The Bangko Sentral ng Pilipinas (BSP). The official interest rate is the reverse repo rate (RR/P) which is the overnight borrowing rate. The central bank of the Republic of the Philippines is committed to promote and maintain price stability and provide proactive leadership in bringing about a strong financial system conducive to a balanced and sustainable growth of the economy. This page includes a chart with historical data for Philippines Interest Rate.

source: The Bangko Sentral ng Pilipinas (BSP)

Philippines Government Budget

Philippines recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2012. Government Budget in Philippines is reported by the Department of Finance of the Philippine Republic. Historically, from 1988 until 2012, Philippines Government Budget averaged -2.20 Percent of GDP reaching an all time high of 1 Percent of GDP in December of 1994 and a record low of -5.30 Percent of GDP in December of 2002. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Philippines Government Budget.

source: Department of Finance of the Philippine Republic

Philippines Government Debt To GDP

Philippines recorded a Government Debt to GDP of 40.10 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Philippines is reported by the Department of Finance of the Philippine Republic. Historically, from 1990 until 2012, Philippines Government Debt To GDP averaged 56.28 Percent reaching an all time high of 74.90 Percent in December of 1993 and a record low of 40.10 Percent in December of 2012. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Philippines Government Debt To GDP.

source: Department of Finance of the Philippine Republic

Philippines Current Account to GDP

Philippines recorded a Current Account surplus of 2.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP). Historically, from 1980 until 2012, Philippines Current Account to GDP averaged -0.80 Percent reaching an all time high of 5.80 Percent in December of 2009 and a record low of -7.70 Percent in December of 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Philippines Current Account to GDP.

source: The Bangko Sentral ng Pilipinas (BSP)

Philippines Unemployment Rate

Unemployment Rate in Philippines increased to 7.10 percent in the fourth quarter of 2012 from 6.80 percent in the third quarter of 2012. Unemployment Rate in Philippines is reported by the The National Statistics Office (NSO). Historically, from 1994 until 2012, Philippines Unemployment Rate averaged 9.11 Percent reaching an all time high of 13.90 Percent in March of 2000 and a record low of 6.30 Percent in September of 2007. In Philippines, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Philippines Unemployment Rate.

source: The National Statistics Office (NSO)

Philippines GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Philippines expanded 6.80 percent in the fourth quarter of 2012 over the same quarter of the previous year. GDP Annual Growth Rate in Philippines is reported by the The National Statistical Coordination Board. Historically, from 2001 until 2012, Philippines GDP Annual Growth Rate averaged 4.82 Percent reaching an all time high of 8.90 Percent in June of 2010 and a record low of 0.50 Percent in September of 2009. Services are the biggest sector of the Filipino economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, storage and communication (8 percent); financial services (7 percent) and public administration, defense and social security (4 percent). Industry accounts for 31 percent of GDP. Within industry, manufacturing (22 percent of total GDP) and construction (5 percent) are the most important. Agriculture contributes the remaining 12 percent of GDP. This page includes a chart with historical data for Philippines GDP Annual Growth Rate.

source: The National Statistical Coordination Board

Philippines GDP Growth Rate

The Gross Domestic Product (GDP) in Philippines expanded 1.50 percent in the fourth quarter of 2012 over the previous quarter. GDP Growth Rate in Philippines is reported by the The National Statistical Coordination Board. Historically, from 1998 until 2012, Philippines GDP Growth Rate averaged 1.10 Percent reaching an all time high of 4.10 Percent in March of 2010 and a record low of -2.10 Percent in March of 2009. The Philippines has a status of emerging economy. In recent years, the country has been steadily growing mainly due to inflow of foreign direct investment and remittances. The Philippines is the world’s largest center for business process outsourcing. The country also has a strong industrial sector based on the manufacturing of electronics and other high-tech components for overseas corporations. The Philippines is rich in natural resources; it has significant reserves of chromite, nickel, copper, coal and oil. This page includes a chart with historical data for Philippines GDP Growth Rate.

source: The National Statistical Coordination Board

Philippines | Credit Rating

Standard & Poor's credit rating for Philippines stands at BB+. Moody's rating for Philippines sovereign debt is Ba1. Fitch's credit rating for Philippines is BB+. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Philippines thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Philippines as reported by major credit rating agencies.

source:

Philippines Population

The total population in Philippines was last recorded at 94.9 million people in 2011 from 27.1 million in 1960, changing 251 percent during the last 50 years. Population in Philippines is reported by the World Bank. Historically, from 1960 until 2011, Philippines Population averaged 57.7 Million reaching an all time high of 94.9 Million in December of 2011 and a record low of 27.1 Million in December of 1960. The population of Philippines represents 1.37 percent of the world´s total population which arguably means that one person in every 74 people on the planet is a resident of Philippines. This page includes a chart with historical data for Philippines Population.

source: World Bank

Philippines GDP

The Gross Domestic Product (GDP) in Philippines was worth 224.75 billion US dollars in 2011. The GDP value of Philippines represents 0.36 percent of the world economy. GDP in Philippines is reported by the The World Bank. Historically, from 1960 until 2011, Philippines GDP averaged 52.4 USD Billion reaching an all time high of 224.8 USD Billion in December of 2011 and a record low of 4.4 USD Billion in December of 1962. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Philippines GDP.

source: The World Bank

Philippines GDP per capita

The Gross Domestic Product per capita in Philippines was last recorded at 1410.78 US dollars in 2011. The GDP per Capita in Philippines is equivalent to 11 percent of the world's average. GDP per capita in Philippines is reported by the World Bank. Historically, from 1960 until 2011, Philippines GDP per capita averaged 919.2 USD reaching an all time high of 1410.8 USD in December of 2011 and a record low of 611.9 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Philippines GDP per capita.

source: World Bank

datas from tradingeconomics.com

19 May 2013 ► Converter Philippine Peso ► Free online currency conversion based on exchange rates. Currency converter