| Philippines |
|
Economic forecasts - General economic indicators - Investments - Foreign trade
| Indicators | 2007 | 2008 |
| GDP (USD billion) | 141.052 | 154.073 |
| GDP (constant prices, annual % change) | 6.3 | 5.8 |
| GDP per capita (USD) | 1 590 | 1 703 |
| Inflation rate (consumer prices, annual % change) | 3 | 4 |
Source : IMF - World Economic Outlook Database
| Indicators | 2004 | 2005 | 2006 |
| GDP (USD billion)(1) | 86.93 | 98.718 | 117.562 |
| GDP (constants prices, annual % change)(1) | 6.4 | 4.9 | 5.4 |
| GPD per capita (USD)(1) | 1040.331 | 1157.841 | 1351.718 |
| Inflation (consumer prices, annual % change)(1) | 6 | 7.6 | 6.2 |
| Unemployment rate (%)(2) | |||
| External debt (USD billion)(3) | 97332.66 | 98820.6 | .. |
| Official exchange rate per USD (period average)(3) | 56.03992 | 55.08549 | 51.31427 |
Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators
| GDP per activity sector | 2004 | 2005 | 2006 |
| Agriculture and fishing (%) | 15.09 | 14.34 | 13.61 |
| Industry and mining (%) | 31.62 | 32.25 | 33.21 |
| Services (%) | 53.29 | 53.41 | 53.17 |
Source : World Bank - World Development Indicators
| Foreign Direct Investments | 2004 | 2005 | 2006 | World rank (*) 2006 |
| FDI inflows (USD million) | 688 | 1,854 | 2,345 | 102/141 |
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.
| Indicators (USD billion) | 2004 | 2005 | 2006 |
| Imports of goods | 44.48 | 47.78 | |
| Exports of goods | 38.79 | 40.23 | |
| Trade balance | -5.68 | -7.55 | |
| Current account | 1.63 | 2.34 |
Source : World Bank - World Development Indicators
| Indicators (%) | 2004 | 2005 | 2006 |
| Share of foreign trade in GDP | 105.6 | 99.3 | 93.6 |
| Share of imports of goods and services in GDP | 54.7 | 52.0 | 50.5 |
| Share of exports of goods and services in GDP | 50.8 | 47.3 | 43.1 |
| Imports of goods and services (annual % change) | 5.8 | 2.4 | 6.1 |
| Exports of goods and services (annual % change) | 14.4 | 4.2 | 8.5 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Goods (USD billion): | 47.78 | 40.23 |
| Agricultural raw materials | 0.9 | 0.6 |
| Food products | 6.3 | 5.8 |
| Hydrocarbons | 10.7 | 1 |
| Manufactured products (chemicals, machines,...) | 79.4 | 55 |
| Ores and metals | 2.3 | 2.2 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Services (USD billion): | 5.1 | 4.1 |
| Transport | 48.1 | 27.3 |
| Tourism | 25.9 | 49.1 |
Source : World Bank - World Development Indicators
| Trade Data, by HS Code | |
| Import Statistics | Export Statistics |
Source : www.intracen.org, last available data
| Main Customers (% of exports) |
|
| USA | 18,30% |
| Japan | 16,70% |
| Netherlands | 10,10% |
| China | 9,80% |
| Hong Kong | 7,80% |
| Main suppliers (% of imports) |
|
| USA | 16,10% |
| Japan | 14,20% |
| Singapore | 8,40% |
| China | 7,20% |
Source : Comtrade, 2006.
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Last update : January 2008
Next update : October 2008