Philippines | Economic Report

Last Previous Highest Lowest
Government Bond 10y 4.41 4.46 18.64 3.04
Chart
The Philippines Government Bond 10y decreased to 4.41 percent in April from 4.46 percent in March of 2014.
Last Previous Highest Lowest
Currency 44.53 44.78 56.34 37.84
Chart
The Philippine Peso decreased to 44.53 in April from 44.78 in March of 2014.
Last Previous Highest Lowest
Stock Market 6589.55 6428.71 7392.20 129.52
Chart
The Philippines Stock Market (PSEi) increased to 6589.55 Index points in April from 6428.71 Index points in March of 2014.
Last Previous Highest Lowest
GDP Constant Prices 1726917.80 1701550.00 1726917.80 825496.00
Chart
GDP Constant Prices in Philippines increased to 1726917.80 PHP Million in the fourth quarter of 2013 from 1701550 PHP Million in the third quarter of 2013. GDP Constant Prices in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
GDP Growth Rate 1.50 1.30 3.30 -2.40
Chart
The Gross Domestic Product (GDP) in Philippines expanded 1.50 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Gross Fixed Capital Formation 388056.35 343436.01 388056.35 163357.69
Chart
Gross Fixed Capital Formation in Philippines increased to 388056.35 PHP Million in the fourth quarter of 2013 from 343436.01 PHP Million in the third quarter of 2013. Gross Fixed Capital Formation in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
GDP Annual Growth Rate 6.50 6.90 8.90 0.50
Chart
The Gross Domestic Product (GDP) in Philippines expanded 6.50 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Employed Persons 36420.00 37733.00 38545.00 18567.00
Chart
The number of employed persons in Philippines decreased to 36420 Thousand in the first quarter of 2014 from 37733 Thousand in the fourth quarter of 2013. Employed Persons in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Unemployed Persons 2969.00 2602.00 4989.00 1720.00
Chart
The number of unemployed persons in Philippines increased to 2969 Thousand in the first quarter of 2014 from 2602 Thousand in the fourth quarter of 2013. Unemployed Persons in Philippines is reported by the National Statistics Office of Philippines.
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 February of 2009. Job Vacancies in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Wages 2327.50 2613.30 2613.30 870.27
Chart
Wages in Philippines decreased to 2327.50 Index Points in the first quarter of 2013 from 2613.30 Index Points in the fourth quarter of 2012. Wages in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Labor Force Participation Rate 63.80 63.90 94.70 63.20
Chart
Labor Force Participation Rate in Philippines decreased to 63.80 percent in the first quarter of 2014 from 63.90 percent in the fourth quarter of 2013. Labor Force Participation Rate in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Wages in Manufacturing 1057.50 1240.20 1391.40 638.86
Chart
Wages in Manufacturing in Philippines decreased to 1057.50 Index Points in the first quarter of 2013 from 1240.20 Index Points in the fourth quarter of 2012. Wages in Manufacturing in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Unemployment Rate 7.50 6.50 13.90 6.30
Chart
Unemployment Rate in Philippines increased to 7.50 percent in the fourth quarter of 2013 from 6.50 percent in the third quarter of 2013. Unemployment Rate in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Consumer Price Index (CPI) 137.70 137.80 137.80 1.27
Chart
Consumer Price Index (CPI) in Philippines decreased to 137.70 Index Points in March of 2014 from 137.80 Index Points in February of 2014. Consumer Price Index (CPI) in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Inflation Rate Mom -0.10 0.10 9.00 -4.60
Chart
The Consumer Price Index in Philippines decreased 0.10 percent in March of 2014 over the previous month. Inflation Rate Mom in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Core Consumer Prices 133.60 133.70 133.70 75.20
Chart
Core Consumer Prices in Philippines decreased to 133.60 Index Points in March of 2014 from 133.70 Index Points in February of 2014. Core Consumer Prices in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Producer Prices 153.30 152.10 180.70 81.10
Chart
Producer Prices in Philippines increased to 153.30 Index Points in February of 2014 from 152.10 Index Points in January of 2014. Producer Prices in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Core Inflation Rate 2.77 3.00 7.25 1.86
Chart
Core Inflation Rate in Philippines increased 2.77 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Producer Prices Change -0.40 0.10 17.50 -10.00
Chart
Producer Prices in Philippines decreased 0.40 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
GDP Deflator 178.84 171.52 178.84 12.35
Chart
GDP Deflator in Philippines increased to 178.84 Index Points in the fourth quarter of 2013 from 171.52 Index Points in the third quarter of 2013. GDP Deflator in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Inflation Rate 3.90 4.10 62.80 -2.10
Chart
The inflation rate in Philippines was recorded at 3.90 percent in March of 2014. Inflation Rate in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Foreign Exchange Reserves 79802.79 80343.11 85760.84 44.07
Chart
Foreign Exchange Reserves in Philippines decreased to 79802.79 USD Million in March of 2014 from 80343.11 USD Million in February of 2014. Foreign Exchange Reserves in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
Money Supply M3 6928791.53 6911169.89 6936087.00 56544.00
Chart
Money Supply M3 in Philippines increased to 6928791.53 PHP Million in February of 2014 from 6911169.89 PHP Million in January of 2014. Money Supply M3 in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
Interbank Rate 2.00 2.00 41.30 2.00
Chart
Interbank Rate in Philippines remained unchanged at 2 percent in February of 2014 from 2 percent in January of 2014. Interbank Rate in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
Interest Rate 3.50 3.50 56.60 3.50
Chart
The benchmark interest rate in Philippines was last recorded at 3.50 percent. Interest Rate in Philippines is reported by the Bangko Sentral ng Pilipinas.
Last Previous Highest Lowest
Money Supply M0 582095.71 579693.17 640916.00 1918.00
Chart
Money Supply M0 in Philippines increased to 582095.71 PHP Million in February of 2014 from 579693.17 PHP Million in January of 2014. Money Supply M0 in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
External Debt 60337.00 61711.00 61711.00 20893.00
Chart
External Debt in Philippines decreased to 60337 USD Million in 2012 from 61711 USD Million in 2011. External Debt in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
Exports 4654149.56 4379037.59 5340847.00 23000.00
Chart
Exports in Philippines increased to 4654149.56 USD Thousand in February of 2014 from 4379037.59 USD Thousand in January of 2014. Exports in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Remittances 1795680.40 1799288.30 2154956.20 64208.00
Chart
Remittances in Philippines decreased to 1795680.40 USD Thousand in February of 2014 from 1799288.30 USD Thousand in January of 2014. Remittances in Philippines is reported by the Bangko Sentral ng Pilipinas.
Last Previous Highest Lowest
Imports 5757352.55 5412933.75 5882358.00 37084.30
Chart
Imports in Philippines increased to 5757352.55 USD Thousand in January of 2014 from 5412933.75 USD Thousand in December of 2013. Imports in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Balance of Trade -1378315.00 -694897.00 1144700.00 -1657980.00
Chart
Philippines recorded a trade deficit of 1378315 USD Thousand in January of 2014. Balance of Trade in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Tourist Arrivals 452650.00 361271.00 452650.00 63628.00
Chart
Tourist Arrivals in Philippines increased to 452650 in December of 2013 from 361271 in November of 2013. Tourist Arrivals in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Current Account 592.00 998.00 2107.00 -884.00
Chart
Philippines recorded a Current Account surplus of 592 USD Million in December of 2013. Current Account in Philippines is reported by the Bangko Sentral ng Pilipinas.
Last Previous Highest Lowest
Current Account to GDP 3.50 2.80 5.80 -7.70
Chart
Philippines recorded a Current Account surplus of 2.80 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Philippines is reported by the The Bangko Sentral ng Pilipinas (BSP).
Last Previous Highest Lowest
Government Budget Value -9700.00 -34218.00 54093.00 -115745.00
Chart
Philippines recorded a government budget deficit of 9700 PHP Million in February of 2014. Government Budget Value in Philippines is reported by the Bureau of the Treasury, Philippines.
Last Previous Highest Lowest
Government Debt To GDP 40.10 40.40 74.90 40.10
Chart
Philippines recorded a Government Debt to GDP of 40.10 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Philippines is reported by the Department of Finance of the Philippine Republic.
Last Previous Highest Lowest
Government Spending 132622.68 166334.12 226647.42 109965.40
Chart
Government Spending in Philippines decreased to 132622.68 PHP Million in the fourth quarter of 2013 from 166334.12 PHP Million in the third quarter of 2013. Government Spending in Philippines is reported by the Philippine National Statistical Coordination Board.
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 -1.40 -2.30 1.00 -5.30
Chart
Philippines recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2013. Government Budget in Philippines is reported by the Department of Finance of the Philippine Republic.
Last Previous Highest Lowest
Industrial Production 7.30 20.20 68.60 -26.60
Chart
Industrial Production in Philippines increased 7.30 percent in January of 2014 over the same month in the previous year. Industrial Production in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Changes in Inventories 22498.33 2245.28 92123.96 -83331.28
Chart
Changes in Inventories in Philippines increased to 22498.33 PHP Million in the fourth quarter of 2013 from 2245.28 PHP Million in the third quarter of 2013. Changes in Inventories in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Capacity Utilization 83.10 83.20 84.40 74.30
Chart
Capacity Utilization in Philippines decreased to 83.10 percent in February of 2014 from 83.20 percent in January of 2014. Capacity Utilization in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Business Confidence 37.80 52.30 54.90 -32.60
Chart
Business Confidence in Philippines decreased to 37.80 in the first quarter of 2014 from 52.30 in the fourth quarter of 2013. Business Confidence in Philippines is reported by the Bangko Sentral ng Pilipinas.
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. Car Registrations in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Bank Lending Rate 5.65 5.72 39.73 5.29
Chart
Bank Lending Rate in Philippines decreased to 5.65 percent in January of 2014 from 5.72 percent in December of 2013. Bank Lending Rate in Philippines is reported by the Bangko Sentral Ng Pilipinas.
Last Previous Highest Lowest
Retail Sales Yoy 2.28 2.34 79.50 -3.13
Chart
Retail Sales in Philippines increased 2.28 percent in November of 2013 over the same month in the previous year. Retail Sales Yoy in Philippines is reported by the National Statistics Office of Philippines.
Last Previous Highest Lowest
Consumer Spending 1197010.00 1185818.00 1197010.00 583959.00
Chart
Consumer Spending in Philippines increased to 1197010 PHP Million in the fourth quarter of 2013 from 1185818 PHP Million in the third quarter of 2013. Consumer Spending in Philippines is reported by the Philippine National Statistical Coordination Board.
Last Previous Highest Lowest
Consumer Confidence -18.80 -21.30 -5.70 -52.80
Chart
Consumer Confidence in Philippines increased to -18.80 in the first quarter of 2014 from -21.30 in the fourth quarter of 2013. Consumer Confidence in Philippines is reported by the Bangko Sentral ng Pilipinas.
Last Previous Highest Lowest
Personal Savings 0.55 0.65 14.50 0.41
Chart
Personal Savings in Philippines decreased to 0.55 percent in January of 2014 from 0.65 percent in December of 2013. Personal Savings in Philippines is reported by the Bangko Sentral Ng Pilipinas.
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. Corporate Tax Rate in Philippines is reported by the Bureau of Internal Revenue.
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. Sales Tax Rate in Philippines is reported by the Bureau of Internal Revenue.
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. Personal Income Tax Rate in Philippines is reported by the Bureau of Internal Revenue.
Last Previous Highest Lowest
Housing Index 8839000.00 9315000.00 80880327.00 22571.00
Chart
Housing Index in Philippines decreased to 8839000 PHP THO in December of 2012 from 9315000 PHP THO in November of 2012. Housing Index in Philippines is reported by the National Statistics Office of Philippines.

This page includes a list of key economic indicators for Philippines. 4/16/2014