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 7100.69 6864.81 7392.20 129.52
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The Philippines Stock Market (PSEi) increased to 7100.69 Index points in August from 6864.81 Index points in July of 2014.
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Government Bond 10y 4.33 4.20 18.64 3.04
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The Philippines Government Bond 10y increased to 4.33 percent in August from 4.20 percent in July of 2014.
Last Previous Highest Lowest
GDP Growth Rate 1.90 1.40 3.20 -2.40
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The Gross Domestic Product (GDP) in Philippines expanded 1.90 percent in the second quarter of 2014 over the previous quarter.
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GDP Constant Prices 1784735.00 1752094.00 1784735.00 825496.00
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GDP Constant Prices in Philippines increased to 1784735 PHP Million in the second quarter of 2014 from 1752094 PHP Million in the first quarter of 2014.
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GDP Annual Growth Rate 6.40 5.60 8.90 0.50
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The Gross Domestic Product (GDP) in Philippines expanded 6.40 percent in the second quarter of 2014 over the same quarter of the previous year.
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Gross Fixed Capital Formation 351803.34 409067.78 409067.78 163357.69
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Gross Fixed Capital Formation in Philippines decreased to 351803.34 PHP Million in the second quarter of 2014 from 409067.78 PHP Million in the first quarter of 2014.
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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 2413.82 2693.75 2693.75 870.27
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Wages in Philippines decreased to 2413.82 Index Points in the first quarter of 2014 from 2693.75 Index Points in the fourth 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 1026.35 1316.09 1412.89 638.86
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Wages in Manufacturing in Philippines decreased to 1026.35 Index Points in the first quarter of 2014 from 1316.09 Index Points in the fourth 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 4.90 4.40 62.80 -2.10
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The inflation rate in Philippines was recorded at 4.90 percent in July of 2014.
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Core Consumer Prices 135.20 134.90 135.20 75.20
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Core Consumer Prices in Philippines increased to 135.20 Index Points in July of 2014 from 134.90 Index Points in June of 2014.
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Inflation Rate Mom 0.60 0.40 9.00 -4.60
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The Consumer Price Index in Philippines increased 0.60 percent in July of 2014 over the previous month.
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GDP Deflator 170.89 170.11 179.42 12.35
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GDP Deflator in Philippines increased to 170.89 Index Points in the second quarter of 2014 from 170.11 Index Points in the first quarter of 2014.
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Consumer Price Index (CPI) 140.40 139.60 140.40 1.30
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Consumer Price Index (CPI) in Philippines increased to 140.40 Index Points in July of 2014 from 139.60 Index Points in June of 2014.
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Producer Prices 148.90 150.40 180.70 81.10
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Producer Prices in Philippines decreased to 148.90 Index Points in June of 2014 from 150.40 Index Points in May of 2014.
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Core Inflation Rate 3.05 2.82 7.25 1.86
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Core Inflation Rate in Philippines increased 3.05 percent in July of 2014 over the same month in the previous year.
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Producer Prices Change -2.80 -1.10 17.50 -10.00
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Producer Prices in Philippines decreased 2.80 percent in June of 2014 over the same month in the previous year.
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Interest Rate 3.75 3.50 56.60 3.50
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The benchmark interest rate in Philippines was last recorded at 3.75 percent.
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Money Supply M3 7070852.21 6938929.98 7070852.21 56544.00
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Money Supply M3 in Philippines increased to 7070852.21 PHP Million in June of 2014 from 6938929.98 PHP Million in May of 2014.
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Interbank Rate 2.30 2.10 41.30 2.00
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Interbank Rate in Philippines increased to 2.30 percent in July of 2014 from 2.10 percent in June of 2014.
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Foreign Exchange Reserves 80950.44 80728.64 85760.84 44.07
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Foreign Exchange Reserves in Philippines increased to 80950.44 USD Million in July of 2014 from 80728.64 USD Million in June of 2014.
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Money Supply M0 581342.50 607281.25 640916.00 1918.00
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Money Supply M0 in Philippines decreased to 581342.50 PHP Million in June of 2014 from 607281.25 PHP Million in May of 2014.
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Balance of Trade 731333.00 718139.00 1144700.00 -1657980.00
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Philippines recorded a trade surplus of 731333 USD Thousand in June 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 5446848.45 5483433.75 5483433.75 23000.00
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Exports in Philippines decreased to 5446848.45 USD Thousand in June of 2014 from 5483433.75 USD Thousand in May of 2014.
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Remittances 2049660.50 1980320.70 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 4715515.31 4765294.36 5954820.00 37084.30
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Imports in Philippines decreased to 4715515.31 USD Thousand in June of 2014 from 4765294.36 USD Thousand in May of 2014.
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Tourist Arrivals 364598.00 386665.00 461383.00 63628.00
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Tourist Arrivals in Philippines decreased to 364598 in May of 2014 from 386665 in April of 2014.
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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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Crude Oil Production 21.00 21.00 40.00 0.79
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Crude Oil Production in Philippines remained unchanged at 21 BBL/D/1K in April of 2014 from 21 BBL/D/1K in March of 2014.
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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 221726.94 187012.15 226647.42 109965.40
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Government Spending in Philippines increased to 221726.94 PHP Million in the second quarter of 2014 from 187012.15 PHP Million in the first quarter of 2014.
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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 -62486.00 11782.00 80852.00 -115745.00
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Philippines recorded a government budget deficit of 62486 PHP Million in June 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 13.30 12.60 68.60 -26.60
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Industrial Production in Philippines increased 13.30 percent in June 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 83.40 83.40 84.40 74.30
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Capacity Utilization in Philippines remained unchanged at 83.40 percent in June of 2014 from 83.40 percent in May 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 0.62 0.62 14.50 0.41
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Personal Savings in Philippines remained unchanged at 0.62 percent in June of 2014 from 0.62 percent in May of 2014.
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Retail Sales Yoy 2.90 2.60 79.50 -3.13
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Retail Sales in Philippines increased 2.90 percent in June of 2014 over the same month in the previous year.
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Bank Lending Rate 5.39 5.60 39.73 5.19
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Bank Lending Rate in Philippines decreased to 5.39 percent in June of 2014 from 5.60 percent in May of 2014.
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Consumer Spending 1226549.00 1213723.00 1226549.00 583959.00
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Consumer Spending in Philippines increased to 1226549 PHP Million in the second quarter of 2014 from 1213723 PHP Million in the first quarter of 2014.
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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. 8/30/2014