|
Philippines - ECONOMIC INDICATORS |
|
|
|
| Indicators |
2005
|
2006
|
| GDP (USD billion) |
95.382
|
101.693
|
| Real GDP growth (constant prices) |
4.7
% |
4.8
% |
| GDP per capita (USD) |
1111.246
|
1159.272
|
| Inflation rate |
8.2
% |
7.5
% |
|
General economic indicators |
| Indicators |
2002
|
2003
|
2004
|
| GDP (USD billion) |
76.7
|
79.3
|
86.4
|
| Real GDP growth (constant prices) |
3.1
% |
4.7
% |
6.1
% |
| GDP per capita (USD) |
1008
|
1035
|
1079
|
| Inflation rate |
3.0
% |
3.4
% |
6.0
% |
| Unemployment rate |
..
|
..
|
..
|
| External debt (USD billion) |
60
|
63
|
..
|
|
Philippines Peso rate on 12/31 (1 US$)
|
53.65
|
55.74
|
56.48
|
|
| Sources : IMF -
2005
data, World bank, Oanda |
| GDP per activity sector |
2002
|
2003
|
2004
|
|
Agriculture and fishing |
14.7%
|
14.5%
|
14.3%
|
|
Industry and mining |
32.5%
|
32.3%
|
31.9%
|
|
Services |
52.8%
|
53.2%
|
53.8%
|
|
| FDI inflows (USD million) |
2002
|
2003
|
2004
|
World rank |
| Foreign Direct Investments (F.D.I.) |
1792
|
347
|
469
|
89
/ 197 |
|
| Source : UNCTAD "World Investment Report
2005
" |
| Indicators (USD billion) |
2002
|
2003
|
2004
|
| Imports of goods (f.o.b.) |
34.0
|
36.1
|
..
|
| Export of goods (f.o.b) |
34.4
|
34.8
|
..
|
| Trade balance |
0.4
|
-1.3
|
..
|
| Balance of payments |
4.4
|
3.3
|
..
|
|
| Sources : World bank, IMF |
| Indicators |
2002
|
2003
|
2004
|
| Share of foreign trade in GDP |
98.4%
|
99.0%
|
107.5%
|
| Share of imports in GDP |
49.4%
|
50.7%
|
55.5%
|
| Share of exports in GDP |
48.9%
|
48.3%
|
52.0%
|
| Imports of goods and services (percent change) |
4.7%
|
10.3%
|
2.0%
|
| Exports of goods and services (percent change) |
3.6%
|
3.3%
|
4.4%
|
|
| Sources : World bank, IMF |
Trade in goods/services by major category |
|
2003
|
Imports |
Exports |
| Total Trade in Goods (USD billion): |
36.1
|
34.8
|
|
Agricultural raw materials |
1%
|
1%
|
| Food products |
7%
|
6%
|
| Hydrocarbons |
10%
|
2%
|
| Manufactured products (chemicals, machines,...) |
80%
|
90%
|
| Ores and metals |
2%
|
2%
|
| Other goods |
0%
|
-1%
|
|
2003
|
Imports |
Exports |
| Total Trade in Services (USD billion): |
4
|
3
|
| Transport |
54%
|
20%
|
| Tourisme |
15%
|
50%
|
| Other services (insurance, financial services, telecommunications,...) |
31%
|
30%
|
|
|
Trade Data, by HS Code : |
|
|
|
|
Source : www.intracen.org, last available data |
Trade by partner countries |
Main clients
(% of exports) |
2004
|
|
USA
|
20.1%
|
|
Japan
|
15.9%
|
|
China, Hong Kong SAR
|
8.5%
|
|
Netherlands
|
8.1%
|
|
Other Asia, nes
|
6.9%
|
|
Main suppliers
(% of imports) |
2004
|
|
Japan
|
20.4%
|
|
USA
|
19.4%
|
|
Singapore
|
6.8%
|
|
Rep. of Korea
|
6.4%
|
|
Other Asia, nes
|
5%
|
|
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Last modified in
October 2005
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