Philippines | Economic Report

Last Previous Highest Lowest
Currency 43.43 43.68 56.34 37.84
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The Philippine Peso decreased to 43.43 in July from 43.68 in June of 2014.
Last Previous Highest Lowest
Stock Market 6889.88 6844.31 7392.20 129.52
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The Philippines Stock Market (PSEi) increased to 6889.88 Index points in July from 6844.31 Index points in June of 2014.
Last Previous Highest Lowest
Government Bond 10y 4.23 4.17 18.64 3.04
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The Philippines Government Bond 10y increased to 4.23 percent in July from 4.17 percent in June of 2014.
Last Previous Highest Lowest
GDP Growth Rate 1.20 1.70 3.20 -2.40
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The Gross Domestic Product (GDP) in Philippines expanded 1.20 percent in the first quarter of 2014 over the previous quarter.
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GDP Constant Prices 1748231.00 1728247.00 1748231.00 825496.00
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GDP Constant Prices in Philippines increased to 1748231 PHP Million in the first quarter of 2014 from 1728247 PHP Million in the fourth quarter of 2013.
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GDP Annual Growth Rate 5.70 6.30 8.90 0.50
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The Gross Domestic Product (GDP) in Philippines expanded 5.70 percent in the first quarter of 2014 over the same quarter of the previous year.
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Gross Fixed Capital Formation 409839.11 390318.37 409839.11 163357.69
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Gross Fixed Capital Formation in Philippines increased to 409839.11 PHP Million in the first quarter of 2014 from 390318.37 PHP Million in the fourth quarter of 2013.
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Unemployment Rate 7.00 7.50 13.90 6.30
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Unemployment Rate in Philippines decreased to 7.0 percent in the first quarter of 2014 from 7.50 percent in the fourth quarter of 2013.
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Labor Force Participation Rate 65.20 63.80 94.70 63.20
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Labor Force Participation Rate in Philippines increased to 65.20 percent in the second quarter of 2014 from 63.80 percent in the first quarter of 2014.
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Employed Persons 38665.00 36420.00 38665.00 18567.00
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The number of employed persons in Philippines increased to 38665 Thousand in the second quarter of 2014 from 36420 Thousand in the first quarter of 2014.
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Wages 2693.75 2590.66 2693.75 870.27
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Wages in Philippines increased to 2693.75 Index Points in the fourth quarter of 2013 from 2590.66 Index Points in the third quarter of 2013.
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Unemployed Persons 2924.00 2969.00 4989.00 1720.00
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The number of unemployed persons in Philippines decreased to 2924 Thousand in the second quarter of 2014 from 2969 Thousand in the first quarter of 2014.
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Wages in Manufacturing 1316.09 1367.41 1412.89 638.86
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Wages in Manufacturing in Philippines decreased to 1316.09 Index Points in the fourth quarter of 2013 from 1367.41 Index Points in the third quarter of 2013.
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Job Vacancies 319720.00 199942.00 319720.00 3036.00
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Job Vacancies in Philippines increased to 319720 in June of 2009 from 199942 in February of 2009.
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Inflation Rate 4.40 4.50 62.80 -2.10
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The inflation rate in Philippines was recorded at 4.40 percent in June of 2014.
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Core Consumer Prices 134.90 134.60 134.90 75.20
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Core Consumer Prices in Philippines increased to 134.90 Index Points in June of 2014 from 134.60 Index Points in May of 2014.
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Inflation Rate Mom 0.40 0.50 9.00 -4.60
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The Consumer Price Index in Philippines decreased 0.40 percent in June of 2014 over the previous month.
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GDP Deflator 169.85 179.42 179.42 12.35
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GDP Deflator in Philippines decreased to 169.85 Index Points in the first quarter of 2014 from 179.42 Index Points in the fourth quarter of 2013.
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Consumer Price Index (CPI) 139.60 139.00 139.60 1.27
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Consumer Price Index (CPI) in Philippines increased to 139.60 Index Points in June of 2014 from 139 Index Points in May of 2014.
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Producer Prices 150.70 152.50 180.70 81.10
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Producer Prices in Philippines decreased to 150.70 Index Points in May of 2014 from 152.50 Index Points in April of 2014.
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Core Inflation Rate 2.82 3.06 7.25 1.86
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Core Inflation Rate in Philippines increased 2.82 percent in June of 2014 over the same month in the previous year.
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Producer Prices Change -0.98 0.13 17.50 -10.00
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Producer Prices in Philippines decreased 0.98 percent in May of 2014 over the same month in the previous year.
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Interest Rate 3.50 3.50 56.60 3.50
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The benchmark interest rate in Philippines was last recorded at 3.50 percent.
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Money Supply M3 6938929.98 6932051.94 7000622.58 56544.00
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Money Supply M3 in Philippines increased to 6938929.98 PHP Million in May of 2014 from 6932051.94 PHP Million in April of 2014.
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Interbank Rate 2.10 2.00 41.30 2.00
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Interbank Rate in Philippines increased to 2.10 percent in June of 2014 from 2 percent in May of 2014.
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Foreign Exchange Reserves 80728.64 79957.27 85760.84 44.07
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Foreign Exchange Reserves in Philippines increased to 80728.64 USD Million in June of 2014 from 79957.27 USD Million in May of 2014.
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Money Supply M0 607281.25 607742.46 640916.00 1918.00
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Money Supply M0 in Philippines decreased to 607281.25 PHP Million in May of 2014 from 607742.46 PHP Million in April of 2014.
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Balance of Trade 718140.00 -742546.00 1144700.00 -1657980.00
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Philippines recorded a trade surplus of 718.14 USD Million in May of 2014.
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External Debt 58506.00 60337.00 61711.00 20893.00
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External Debt in Philippines decreased to 58506 USD Million in 2013 from 60337 USD Million in 2012.
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Exports 5483490.53 4566104.32 5483490.53 23000.00
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Exports in Philippines increased to 5483490.53 USD Thousand in May of 2014 from 4566104.32 USD Thousand in April of 2014.
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Remittances 1980320.70 1913939.20 2154956.20 64208.00
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Remittances in Philippines increased to 1980320.70 USD Thousand in May of 2014 from 1913939.20 USD Thousand in April of 2014.
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Imports 5308650.48 6833.70 5954820.00 6833.70
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Imports in Philippines increased to 5308650.48 USD Thousand in April of 2014 from 6833.70 USD Thousand in March of 2014.
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Tourist Arrivals 452650.00 361271.00 452650.00 63628.00
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Tourist Arrivals in Philippines increased to 452650 in December of 2013 from 361271 in November of 2013.
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Current Account 784.39 1439.50 2107.00 -884.00
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Philippines recorded a Current Account surplus of 784.39 USD Million in March of 2014.
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Gold Reserves 193.95 193.51 274.42 126.89
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Gold Reserves in Philippines increased to 193.95 Tonnes in the first quarter of 2014 from 193.51 Tonnes in the fourth quarter of 2013.
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Current Account to GDP 3.50 2.80 5.80 -7.70
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Philippines recorded a Current Account surplus of 3.50 percent of the country's Gross Domestic Product in 2013.
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Government Budget -1.40 -2.30 1.00 -5.30
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Philippines recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2013.
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Government Spending 187239.25 143394.19 226647.42 109965.40
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Government Spending in Philippines increased to 187239.25 PHP Million in the first quarter of 2014 from 143394.19 PHP Million in the fourth quarter of 2013.
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Government Debt to GDP 49.20 51.50 74.90 49.20
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Philippines recorded a Government Debt to GDP of 49.20 percent of the country's Gross Domestic Product in 2013.
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Credit Rating 45.63
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Standard & Poors credit rating for Philippines stands at BB+. Moodys rating for Philippines sovereign debt is Ba1. Fitchs credit rating for Philippines is BB+.
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Government Budget Value 11782.00 80852.00 80852.00 -115745.00
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Philippines recorded a government budget surplus of 11782 PHP Million in May of 2014.
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Housing Index 8839000.00 9315000.00 80880327.00 22571.00
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Housing Index in Philippines decreased to 8839000 PHP THO in December of 2012 from 9315000 PHP THO in November of 2012.
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Business Confidence 50.70 37.80 54.90 -32.60
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Business Confidence in Philippines increased to 50.70 in the second quarter of 2014 from 37.80 in the first quarter of 2014.
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Changes in Inventories -37598.34 83739.67 92123.96 -83331.28
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Changes in Inventories in Philippines decreased to -37598.34 PHP Million in the first quarter of 2014 from 83739.67 PHP Million in the fourth quarter of 2013.
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Industrial Production 12.60 12.90 68.60 -26.60
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Industrial Production in Philippines increased 12.60 percent in May of 2014 over the same month in the previous year.
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Car Registrations 103576.00 104832.00 137726.00 11359.00
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Car Registrations in Philippines decreased to 103576 Cars in December of 2013 from 104832 Cars in November of 2013.
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Capacity Utilization 83.50 83.30 84.40 74.30
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Capacity Utilization in Philippines increased to 83.50 percent in May of 2014 from 83.30 percent in April of 2014.
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Consumer Confidence -17.30 -18.80 -5.70 -52.80
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Consumer Confidence in Philippines increased to -17.30 in the second quarter of 2014 from -18.80 in the first quarter of 2014.
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Personal Savings 0.63 0.56 14.50 0.41
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Personal Savings in Philippines increased to 0.63 percent in April of 2014 from 0.56 percent in March of 2014.
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Retail Sales Yoy 2.20 1.90 79.50 -3.13
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Retail Sales in Philippines increased 2.20 percent in March of 2014 over the same month in the previous year.
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Bank Lending Rate 5.44 5.67 39.73 5.19
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Bank Lending Rate in Philippines decreased to 5.44 percent in April of 2014 from 5.67 percent in March of 2014.
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Consumer Spending 1212937.00 1200467.00 1212937.00 583959.00
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Consumer Spending in Philippines increased to 1212937 PHP Million in the first quarter of 2014 from 1200467 PHP Million in the fourth quarter of 2013.
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Corporate Tax Rate 30.00 30.00 35.00 30.00
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The Corporate Tax Rate in Philippines stands at 30 percent.
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Social Security Rate 10.78 10.78 10.78 9.63
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The Social Security Rate in Philippines stands at 10.78 percent.
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Personal Income Tax Rate 32.00 32.00 32.00 32.00
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The Personal Income Tax Rate in Philippines stands at 32 percent.
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Social Security Rate For Companies 7.39 7.39 7.39 6.24
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The Social Security Rate For Companies in Philippines stands at 7.39 percent.
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Sales Tax Rate 12.00 12.00 12.00 10.00
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The Sales Tax Rate in Philippines stands at 12 percent.
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Social Security Rate For Employees 3.39 3.39 3.39 3.39
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The Social Security Rate For Employees in Philippines stands at 3.39 percent.

This page includes a list of key economic indicators for Philippines. 7/25/2014