AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompareGeneral government expenditure (%GDP) Philippines vs Euro zone comparison Philippines Euro zone Gouvernement10,657K2023Q4Qu. GDP Per Capita [+]Annual GDP [+]2022€383,616M€14,375,882M2023Annual GDP [+]Annual GDP [+]2022$404,284M$15,544,641M2023Annual GDP [+]GDP per capita [+]2022€3,438€40,9902023GDP per capita [+]GDP per capita [+]2022$3,624$45,3732023GDP per capita [+]€3,650,900M2023Q4Quarterly GDP [+]Debt (M.€.) [+]2022220,6188,600,9832012Debt (M.€.) [+]Debt ($M) [+]2022232,50511,050,5432012Debt ($M) [+]Debt (%GDP) [+]202257.51%90.60%2012Debt (%GDP) [+]Debt Per Capita [+]2022€1,977€25,5862012Debt Per Capita [+]Debt Per Capita [+]2022$2,084$32,8732012Debt Per Capita [+]Deficit (M.€) [+]2022-21,010-352,6832012Deficit (M.€) [+]Deficit ($M) [+]2022-22,142-453,1272012Deficit ($M) [+]Deficit (%GDP) [+]2022-5.48%-3.70%2012Deficit (%GDP) [+]Expenditure (M.€) [+]202299,322.14,772,568.12013Expenditure (M.€) [+]Expenditure ($M) [+]2022104,673.46,338,447.72013Expenditure ($M) [+]Education Expenditure (M.€) [+]202012,298.4Education Expenditure ($M) [+]202014,035.9Education Expenditure (%Bud.) [+]202014.23%Gov. Health Exp. (M.€) [+]20174,127.2Gov. Health Exp.($M) [+]20174,660.7Gov. Health Exp. (%Bud.) [+]20177.13%Defence Expenditure (M.€) [+]20223,821.9206,971.02022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]20224,027.9218,801.42022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20223.86%3.09%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202225.89%49.80%2013Expenditure (%GDP) [+]Expenditure Per Capita [+]2022€890€14,3132013Expenditure Per Capita [+]Expenditure Per Capita [+]2022$938$18,7922013Expenditure Per Capita [+]Education Expenditure P.C [+]2020€113Education Expenditure P.C [+]2020$129Gov. Health Exp. P.C. [+]2017€38Gov. Health Exp. P.C. [+]2017$42Defence Expenditure P.C. [+]2022€34€6002022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2022$36$6392022Defence Expenditure P.C. [+]Moody's Rating [+]09/15/2022Baa2S&P Rating [+]04/30/2019BBB+Fitch Rating [+]05/07/2020BBBCorruption Index [+]202233Competitiveness Ranking [+]201964ºFragile States Index [+]201885.5RTI Raking [+]2022131ºInnovation Ranking [+]201873ºLabour7.6%July 2021Unemployment Rate [+]Unemployment rate [+]2022Q42.4%Unemployed [+]2022Q41,159KNMW [+]2022$148.0NMW [+]2022€140.2Human Capital Ranking [+]201750ºMarketsEuro / Philippine Pesos [+]04/30/202461.8570US Dollar exchange rate [+]04/30/202457.69700.933004/30/2024US Dollar exchange rate [+]Stock ExchangeYTD % [+]04/30/20243.88%8.84%04/30/2024Stock ExchangeYTD % [+]PricesCPI (overall index) [+]November 20234.1%2.4%April 2024HICP [+]Money MarketKey rates [+]10/27/20236.50%4.50%09/20/2023Key rates [+]BusinessDoing Business [+]202095ºPassengers vehicles Year [+]December 2022226,403Annual Vehicles/ 1,000 p. [+]December 20223.22Vehicles / 1,000 people [+]202039.69TaxesTax Revenue (%GDP) [+]202118.1%Standard VAT [+]01/01/200712.00%Top tax rate + SSC [+]202035.0%TradeAnnual arrivals [+]20198,260,913413,959,2002018Annual arrivals [+]Exports [+]2023€67,435.4MExports [+]2023$72,917.9MExports % GDP [+]202219.54%Imports [+]2023€122,980.6MImports [+]2023$132,979.0MImports % GDP [+]202236.11%Trade balance [+]2023€-55,545.2MTrade balance [+]2023$-60,061.0MTrade balance % GDP [+]2022-16.57%Socio-DemographyGlobal AgeWatch Ranking [+]201550ºDensity [+]20223721242019Density [+]Global Peace Ranking [+]2023115ºRemittance received ($M) [+]201732,807.8% Immigrant [+]20200.21%% Emigrant [+]20205.60%Birth Rate [+]202121.81‰9.03‰2021Birth Rate [+]Remittance sent ($M) [+]2017536.6Crude death rate [+]20217.31‰11.11‰2021Crude death rate [+]Fertility Rate [+]20212.751.512021Fertility Rate [+]% risk of poverty [+]202118.1%17.0%2021% risk of poverty [+]Population [+]2022111,570,000342,597,6982019Population [+]Immigrant stock [+]2020225,525Emigrant stock [+]20206,094,307HDI [+]20210.699Gender Gap Ranking [+]202316ºLife expectancy [+]202169.2781.592021Life expectancy [+]Suicides [+]20153,400Suicide rate [+]20153.37Number of homicides [+]20194,764Rate Homicides per 100.000 [+]20194.32Energy and EnvironmentCO2 Tons per capita [+]20221.38Annual crude oil production [+]20231Crude Oil Reserves [+]2021138.5Consumption GWh [+]2022102,834Generation GWh [+]2022113,007OthersCOVID-19 - Deaths [+]04/14/202466,864COVID-19 - Confirmed [+]04/14/20244,140,383Fully vaccinated [+]03/19/202378,443,972COVID-19 - Deaths per million population [+]04/14/2024599.30Doses administered [+]03/19/2023189,317,158PhilippinesCountrySubcontinentContinentWorldCapital: ManilaPopulation: 111,570,000Surface Area: 300,000 km2Currency: Philippine Pesos (1 EUR=61.8570 PHP)Religion: Mostly Christianity Belongs to: ACD, ASEAN, IMF, UNEuro zoneCountrySubcontinentContinentWorldCapital: BrusselsPopulation: 342,597,698Surface Area: 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