Philippines | Economic Report

Last Previous Highest Lowest
Currency 44.62 44.13 56.34 37.84
Chart
The US Dollar increased to 44.62 Philippine Peso in May from 44.13 in April of 2015.
Last Previous Highest Lowest
Stock Market 7835.37 7714.81 8127.47 129.52
Chart
The Philippines Stock Market (PSEi) increased to 7835.37 Index points in May from 7714.81 Index points in April of 2015.
Last Previous Highest Lowest
Government Bond 10y 4.34 4.31 16.40 3.04
Chart
The Philippines Government Bond 10y increased to 4.34 percent in May from 4.31 percent in April of 2015.
Last Previous Highest Lowest
GDP Growth Rate 2.50 0.70 3.30 -2.40
Chart
The Gross Domestic Product (GDP) in Philippines expanded 2.50 percent in the fourth quarter of 2014 over the previous quarter.
Last Previous Highest Lowest
GDP Constant Prices 1843175.00 1797421.00 1843175.00 825496.00
Chart
GDP Constant Prices in Philippines increased to 1843175 PHP Million in the fourth quarter of 2014 from 1797421 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
GDP Annual Growth Rate 6.90 5.30 8.90 0.50
Chart
The Gross Domestic Product (GDP) in Philippines expanded 6.90 percent in the fourth quarter of 2014 over the same quarter of the previous year.
Last Previous Highest Lowest
Gross Fixed Capital Formation 422085.24 376732.82 422085.24 163357.69
Chart
Gross Fixed Capital Formation in Philippines increased to 422085.24 PHP Million in the fourth quarter of 2014 from 376732.82 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
Unemployment Rate 6.60 6.00 13.90 6.00
Chart
Unemployment Rate in Philippines increased to 6.6 percent in the first quarter of 2015 from 6.00 percent in the fourth quarter of 2014.
Last Previous Highest Lowest
Labor Force Participation Rate 63.80 64.30 94.70 63.20
Chart
Labor Force Participation Rate in Philippines decreased to 63.80 percent in the first quarter of 2015 from 64.30 percent in the fourth quarter of 2014.
Last Previous Highest Lowest
Employed Persons 37455.00 38839.00 38839.00 18567.00
Chart
The number of employed persons in Philippines remained unchanged at 37455 Thousand in the first quarter of 2015 from 37455 Thousand in the first quarter of 2015.
Last Previous Highest Lowest
Wages 8280.00 7995.00 8280.00 5798.00
Chart
Wages in Philippines increased to 8280 PHP/Month in 2011 from 7995 PHP/Month in 2010.
Last Previous Highest Lowest
Unemployed Persons 2635.00 2483.00 4989.00 1720.00
Chart
The number of unemployed persons in Philippines remained unchanged at 2635 Thousand in the first quarter of 2015 from 2635 Thousand in the first quarter of 2015.
Last Previous Highest Lowest
Wages in Manufacturing 1425.87 1026.35 1425.87 638.86
Chart
Wages in Manufacturing in Philippines increased to 1425.87 Index Points in the second quarter of 2014 from 1026.35 Index Points in the first quarter of 2014.
Last Previous Highest Lowest
Job Vacancies 319720.00 199942.00 319720.00 3036.00
Chart
Job Vacancies in Philippines increased to 319720 in June of 2009 from 199942 in March of 2009.
Last Previous Highest Lowest
Inflation Rate 2.20 2.40 62.80 -2.10
Chart
The inflation rate in Philippines was recorded at 2.20 percent in April of 2015.
Last Previous Highest Lowest
GDP Deflator 184.65 177.35 184.65 12.86
Chart
GDP Deflator in Philippines increased to 184.65 Index Points in the fourth quarter of 2014 from 177.35 Index Points in the third quarter of 2014.
Last Previous Highest Lowest
Inflation Rate Mom 0.20 -0.10 9.00 -4.60
Chart
The Consumer Price Index in Philippines increased 0.20 percent in April of 2015 over the previous month.
Last Previous Highest Lowest
Producer Prices 144.40 144.20 180.70 81.10
Chart
Producer Prices in Philippines increased to 144.40 Index Points in March of 2015 from 144.20 Index Points in February of 2015.
Last Previous Highest Lowest
Consumer Price Index CPI 141.30 141.00 141.30 1.30
Chart
Consumer Price Index CPI in Philippines increased to 141.30 Index Points in April of 2015 from 141 Index Points in March of 2015.
Last Previous Highest Lowest
Producer Prices Change -5.40 -5.50 17.50 -10.00
Chart
Producer Prices in Philippines decreased 5.40 percent in March of 2015 over the same month in the previous year.
Last Previous Highest Lowest
Core Inflation Rate 2.46 2.69 7.25 1.86
Chart
Core Inflation Rate in Philippines increased 2.46 percent in April of 2015 over the same month in the previous year.
Last Previous Highest Lowest
Food Inflation 3.92 4.33 17.29 -0.78
Chart
Cost of food in Philippines increased 3.92 percent in April of 2015 over the same month in the previous year.
Last Previous Highest Lowest
Core Consumer Prices 137.50 137.20 137.50 75.20
Chart
Core Consumer Prices in Philippines increased to 137.50 Index Points in April of 2015 from 137.20 Index Points in March of 2015.
Last Previous Highest Lowest
Interest Rate 4.00 4.00 56.60 3.50
Chart
The benchmark interest rate in Philippines was last recorded at 4 percent.
Last Previous Highest Lowest
Foreign Exchange Reserves 80798.00 80380.00 85273.60 44.07
Chart
Foreign Exchange Reserves in Philippines increased to 80798 USD Million in April of 2015 from 80380 USD Million in March of 2015.
Last Previous Highest Lowest
Interbank Rate 2.52 2.52 41.30 2.00
Chart
Interbank Rate in Philippines remained unchanged at 2.52 percent in March of 2015 from 2.52 percent in February of 2015.
Last Previous Highest Lowest
Banks Balance Sheet 924.20 955.37 955.37 459.52
Chart
Banks Balance Sheet in Philippines decreased to 924.20 PHP Billion in December of 2014 from 955.37 PHP Billion in November of 2014.
Last Previous Highest Lowest
Money Supply M0 660634.44 649329.00 740639.00 1918.00
Chart
Money Supply M0 in Philippines increased to 660634.44 PHP Million in March of 2015 from 649329 PHP Million in February of 2015.
Last Previous Highest Lowest
Central Bank Balance Sheet 4074.11 4202.09 4202.09 479.78
Chart
Central Bank Balance Sheet in Philippines decreased to 4074.11 PHP Billion in January of 2014 from 4202.09 PHP Billion in December of 2013.
Last Previous Highest Lowest
Money Supply M3 7689423.10 7530030.00 7689423.10 56544.00
Chart
Money Supply M3 in Philippines increased to 7689423.10 PHP Million in March of 2015 from 7530030 PHP Million in February of 2015.
Last Previous Highest Lowest
Balance of Trade -812770.50 -862000.02 1144700.00 -1657980.00
Chart
Philippines recorded a trade deficit of 812770.50 USD Thousand in February of 2015.
Last Previous Highest Lowest
Remittances 2101498.60 1876098.30 2316872.80 64208.00
Chart
Remittances in Philippines increased to 2101498.60 USD Thousand in March of 2015 from 1876098.30 USD Thousand in February of 2015.
Last Previous Highest Lowest
Exports 5376767.64 4513400.24 5848900.66 23000.00
Chart
Exports in Philippines increased to 5376767.64 USD Thousand in March of 2015 from 4513400.24 USD Thousand in February of 2015.
Last Previous Highest Lowest
Tourist Arrivals 487654.00 390315.00 487654.00 63628.00
Chart
Tourist Arrivals in Philippines increased to 487654 in December of 2014 from 390315 in November of 2014.
Last Previous Highest Lowest
Imports 5326170.75 5108291.57 5954820.00 37084.30
Chart
Imports in Philippines increased to 5326170.75 USD Thousand in February of 2015 from 5108291.57 USD Thousand in January of 2015.
Last Previous Highest Lowest
Gold Reserves 195.30 194.90 274.42 126.89
Chart
Gold Reserves in Philippines increased to 195.30 Tonnes in the fourth quarter of 2014 from 194.90 Tonnes in the third quarter of 2014.
Last Previous Highest Lowest
Current Account 1382.98 1492.78 1825.22 -1179.39
Chart
Philippines recorded a Current Account surplus of 1382.98 USD Million in December of 2014.
Last Previous Highest Lowest
Capital Flows 10.31 9.06 93.65 -35.30
Chart
Capital Flows in Philippines increased to 10.31 USD Million in December of 2014 from 9.06 USD Million in November of 2014.
Last Previous Highest Lowest
Current Account to GDP 4.40 4.20 5.80 -7.70
Chart
Philippines recorded a Current Account surplus of 4.40 percent of the country's Gross Domestic Product in 2014.
Last Previous Highest Lowest
Crude Oil Production 21.00 21.00 40.00 0.79
Chart
Crude Oil Production in Philippines remained unchanged at 21 BBL/D/1K in December of 2014 from 21 BBL/D/1K in November of 2014.
Last Previous Highest Lowest
External Debt 77673.71 58506.00 77673.71 20893.00
Chart
External Debt in Philippines increased to 77673.71 USD Million in 2014 from 58506 USD Million in 2013.
Last Previous Highest Lowest
Foreign Direct Investment 95186.00 18314.00 230215.00 3959.00
Chart
Foreign Direct Investment in Philippines increased to 95186 PHP Million in the fourth quarter of 2014 from 18314 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
Government Budget -0.60 -1.40 1.00 -5.30
Chart
Philippines recorded a Government Budget deficit equal to 0.60 percent of the country's Gross Domestic Product in 2014.
Last Previous Highest Lowest
Government Spending 157405.38 170600.25 221727.33 62728.31
Chart
Government Spending in Philippines decreased to 157405.38 PHP Million in the fourth quarter of 2014 from 170600.25 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
Government Debt to GDP 45.40 49.20 74.90 45.40
Chart
Philippines recorded a Government Debt to GDP of 45.40 percent of the country's Gross Domestic Product in 2014.
Last Previous Highest Lowest
Credit Rating 45.63
Chart
Standard & Poors credit rating for Philippines stands at BB+. Moodys rating for Philippines sovereign debt is Ba1. Fitchs credit rating for Philippines is BB+.
Last Previous Highest Lowest
Government Budget Value -46317.00 6824.00 80852.00 -115745.00
Chart
Philippines recorded a government budget deficit of 46317 PHP Million in December of 2014.
Last Previous Highest Lowest
Housing Index 9145.00 11934.00 11934.00 4889.00
Chart
Average construction cost in Philippines decreased to 9145 PHP/SQ. METRE in the fourth quarter of 2014 from 11934 PHP/SQ. METRE in the third quarter of 2014.
Last Previous Highest Lowest
Building Permits 29443.00 29616.00 37266.00 16129.00
Chart
Building Permits in Philippines decreased to 29443 in the fourth quarter of 2014 from 29616 in the third quarter of 2014.
Last Previous Highest Lowest
Business Confidence 45.20 48.30 54.90 -32.60
Chart
Business Confidence in Philippines decreased to 45.20 in the first quarter of 2015 from 48.30 in the fourth quarter of 2014.
Last Previous Highest Lowest
Changes in Inventories 28897.27 2745.43 92123.96 -83619.50
Chart
Changes in Inventories in Philippines increased to 28897.27 PHP Million in the fourth quarter of 2014 from 2745.43 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
Industrial Production 7.40 -2.00 68.60 -26.60
Chart
Industrial Production in Philippines increased 7.4 percent in March of 2015 over the same month in the previous year.
Last Previous Highest Lowest
Car Registrations 103576.00 104832.00 137726.00 11359.00
Chart
Car Registrations in Philippines decreased to 103576 Cars in December of 2013 from 104832 Cars in November of 2013.
Last Previous Highest Lowest
Capacity Utilization 83.50 83.30 83.60 74.30
Chart
Capacity Utilization in Philippines increased to 83.50 percent in March of 2015 from 83.30 percent in February of 2015.
Last Previous Highest Lowest
Leading Economic Index 0.03 0.14 0.64 -0.62
Chart
Leading Economic Index in Philippines decreased to 0.03 Index Points in the first quarter of 2014 from 0.14 Index Points in the fourth quarter of 2013.
Last Previous Highest Lowest
Consumer Confidence -10.00 -21.80 -5.70 -52.80
Chart
Consumer Confidence in Philippines increased to -10 in the first quarter of 2015 from -21.80 in the fourth quarter of 2014.
Last Previous Highest Lowest
Bank Lending Rate 5.09 5.54 39.73 5.09
Chart
Bank Lending Rate in Philippines decreased to 5.09 percent in February of 2015 from 5.54 percent in January of 2015.
Last Previous Highest Lowest
Retail Sales Yoy 1.90 2.16 79.50 -3.13
Chart
Retail Sales in Philippines increased 1.90 percent in March of 2015 over the same month in the previous year.
Last Previous Highest Lowest
Consumer Credit 203.62 192.44 203.62 76.00
Chart
Consumer Credit in Philippines remained unchanged at 203.62 PHP Billion in the fourth quarter of 2014 from 203.62 PHP Billion in the fourth quarter of 2014.
Last Previous Highest Lowest
Consumer Spending 1260405.00 1245204.00 1260405.00 581662.00
Chart
Consumer Spending in Philippines increased to 1260405 PHP Million in the fourth quarter of 2014 from 1245204 PHP Million in the third quarter of 2014.
Last Previous Highest Lowest
Gasoline Prices 0.96 0.93 1.29 0.34
Chart
Gasoline Prices in Philippines increased to 0.96 USD/Liter in April of 2015 from 0.93 USD/Liter in March of 2015.
Last Previous Highest Lowest
Personal Savings 3213773.97 3185932.00 3213773.97 1124351.04
Chart
Personal Savings in Philippines increased to 3213773.97 Million PHP in March of 2015 from 3185932 Million PHP in February of 2015.
Last Previous Highest Lowest
Corporate Tax Rate 30.00 30.00 35.00 30.00
Chart
The Corporate Tax Rate in Philippines stands at 30 percent.
Last Previous Highest Lowest
Social Security Rate 10.78 10.78 10.78 9.63
Chart
The Social Security Rate in Philippines stands at 10.78 percent.
Last Previous Highest Lowest
Personal Income Tax Rate 32.00 32.00 32.00 32.00
Chart
The Personal Income Tax Rate in Philippines stands at 32 percent.
Last Previous Highest Lowest
Social Security Rate For Companies 7.39 7.39 7.39 6.24
Chart
The Social Security Rate For Companies in Philippines stands at 7.39 percent.
Last Previous Highest Lowest
Sales Tax Rate 12.00 12.00 12.00 10.00
Chart
The Sales Tax Rate in Philippines stands at 12 percent.
Last Previous Highest Lowest
Social Security Rate For Employees 3.39 3.39 3.39 3.39
Chart
The Social Security Rate For Employees in Philippines stands at 3.39 percent.

This page includes a list of key economic indicators for Philippines. 5/23/2015