Imports$62.68 billion (2011 est.)
Exports$47.23 billion (2011 est.)
Inflation rate (consumer prices)4.8% (2011 est.)
Unemployment rate7% (2011 est.)
GDP - per capita (PPP)$4,100 (2011 est.)
National product real growth rate7.3% (2010 est.)
Internet users8.278 million (2009)
Telephones - mobile cellular79.896 million (2010)
Population growth rate1.873% (2012 est.)
Population103,775,002 (July 2012 est.)
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....
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....
The Economist Intelligence Unit
The president, Benigno Aquino, is the only president in the Philippines' modern democratic history to retain his popularity even in his final year in office. Nevertheless, his failure to garner political ...
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 ...
GDP grew 6.6% in the final quarter of 2016, bringing full-year growth to 6.8%. We expect growth to maintain a robust pace through 2017, with household consumption continuing to drive the expansion, albeit ...