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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 April 2016 Updater

Country Forecast Philippines April 2016 Updater

  • $ 635
  • Country report
  • April 2016
  • by 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 ...

  • Countries : Philippines

Oxford Economics

By Country Industry Forecasts > Philippines

By Country Industry Forecasts > Philippines

  • $ 250
  • Country report
  • June 2016
  • 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
  • May 2016
  • 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
  • June 2016
  • 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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