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Philippines

Philippines : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$62.68 billion (2011 est.)
$61.71 billion (2010 est.)

Exports

$47.23 billion (2011 est.)
$50.75 billion (2010 est.)

Inflation rate (consumer prices)

4.8% (2011 est.)
4.1% (2010 est.)

Unemployment rate

7% (2011 est.)
7.3% (2010 est.)

GDP - per capita (PPP)

$4,100 (2011 est.)
$4,100 (2010 est.)
$3,800 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

7.3% (2010 est.)
1.1% (2009 est.)
3.7% (2008 est.)

Internet users

8.278 million (2009)

Telephones - mobile cellular

79.896 million (2010)

Population growth rate

1.873% (2012 est.)

Population

103,775,002 (July 2012 est.)

Historical background

The Philippine Islands became a Spanish colony during the 16th century; they were ceded to the US in 1898 following the Spanish-American War.

In 1935 the Philippines became a self-governing commonwealth.

Manuel QUEZON was elected president and was tasked with preparing the country for independence after a 10-year transition.

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Philippines

Economic overview

Philippine GDP grew 7.

3% in 2010, spurred by consumer demand, a rebound in exports and investments, and election-related spending.

The economy weathered the 2008-09 global recession better than its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from four-to five-million overseas Filipino workers, and a growing business process outsourcing industry.

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The Economist Intelligence Unit

Country Forecast Philippines July 2015 Updater

Country Forecast Philippines July 2015 Updater

  • $ 635
  • Country report
  • July 2015
  • by The Economist Intelligence Unit

The Economist Intelligence Unit expects the president, Benigno Aquino, to complete his term and stand down in 2016 (he is constitutionally barred from seeking a second term). However, his public approval ...

  • Countries : Philippines

Oxford Economics

By Country Industry Forecasts > Philippines

By Country Industry Forecasts > Philippines

  • $ 250
  • Country report
  • June 2015
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Philippines

Dun and Bradstreet (Altares)

D&B Country Insight Report: The Philippines

D&B Country Insight Report: The Philippines

  • $ 650
  • Country report
  • June 2015
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : World, Philippines

ISA

Philippines - ISA Country Report

Philippines - ISA Country Report

  • $ 99
  • Country report
  • July 2015
  • by ISA

This report contains detailed forecasts and analysis for Philippines, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Philippines

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