Philippines Economic Indicators

Balance of Trade

Last: -5,086,999

Units In: USD Thousand

Philippines has been running annual trade deficits due to high imports of raw materials and intermediate goods. In 2013, the biggest trade deficits were recorded with: Taiwan, Saudi Arabia, Thailand and South Korea while the biggest trade surpluses with: Japan, Hong Kong and the United States.

Consumer Price Index CPI

Last: 126.5

Units In: Points

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Current Account to GDP

Last: -4.4

Units In: % of GDP

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GDP Annual Growth Rate

Last: 5.2

Units In: %

Services are the biggest sector of the Filipino economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, stora...

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Government Debt to GDP

In Philippines, interest rate decisions are taken by The Monetary Board of The Bangko Sentral ng Pilipinas (BSP). The official interest rate is the reverse repo rate (RR/P) which is the overnight borrowing rate. The central bank of the Republic of the Philippines is committed to promote and maintain...

In Philippines, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.