Philippines Philippines

Subscribe to our free email alert service

Philippines, is a country located at South-Eastern Asia, it has an area of 300,000 Km2.

Philippines, with a population of 110,200,000 people, it is ranked at 12º position by population of 196 countries and it has a high population density, with 367 people per km2.

It's capital is Manila and its currency is Philippine Pesos

Philippines is holding the 37 position by nominal GDP. Its national debt in 2021 was 191,413 millions of euros (226,424 millions of dollars), ( 57.53% debt-to-GDP ratio) and its public debt per capita is €1,737 euros per inhabitant$2,055 dollars per inhabitant.

The last annual rate of CPI published in Philippines was on April of 2022 and it was 4.9%.

In terms of the human development index (HDI) of Philippines, which is the index used by the United Nations to measure the progress of a country, was 0.718 points in 2019, leaving it in 109th place in the table of 189 countries published.

If the reason to visit Philippines are business, you must know it's in the 124th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Philippines, if you want to see information about other countries click here

Manila: Monthly Temp.
Manila: Monthly Rainfall
Philippines Economy
Gouvernement
Annual GDP [+]2021€332,750M
Annual GDP [+]2021$393,612M
GDP per capita [+]2021€3,020
GDP per capita [+]2021$3,572
Debt (M.€.) [+]2021191,413
Debt ($M) [+]2021226,424
Debt (%GDP) [+]202157.53%
Debt Per Capita [+]2021€1,737
Debt Per Capita [+]2021$2,055
Deficit (M.€) [+]2021-21,510
Deficit ($M) [+]2021-25,444
Deficit (%GDP) [+]2021-6.46%
Expenditure (M.€) [+]202189,310.0
Expenditure ($M) [+]2021105,645.2
Education Expenditure (M.€) [+]201910,887.3
Education Expenditure ($M) [+]201912,187.9
Education Expenditure (%Bud.) [+]202014.23%
Gov. Health Exp. (M.€) [+]20174,135.4
Gov. Health Exp.($M) [+]20174,660.7
Gov. Health Exp. (%Bud.) [+]20177.13%
Defence Expenditure (M.€) [+]20203,211.4
Defence Expenditure ($M) [+]20203,659.8
Defence Expenditure (%Bud.) [+]20204.00%
Expenditure (%GDP) [+]202126.84%
Expenditure Per Capita [+]2021€810
Expenditure Per Capita [+]2021$959
Education Expenditure P.C [+]2019€101
Education Expenditure P.C [+]2019$114
Gov. Health Exp. P.C. [+]2017€38
Gov. Health Exp. P.C. [+]2017$42
Defence Expenditure P.C. [+]2020€30
Defence Expenditure P.C. [+]2020$34
Moody's Rating [+]07/16/2020Baa2
S&P Rating [+]04/30/2019BBB+
Fitch Rating [+]05/07/2020BBB
Corruption Index [+]202133
Competitiveness Ranking [+]201964º
Fragile States Index [+]201885.5
RTI Raking [+]09/28/2018120º
Innovation Ranking [+]201873º
Labour
Unemployment rate [+]2020Q21.4%
Unemployed [+]2020Q2481K
NMW [+]2020$234.3
NMW [+]2020€204.3
Human Capital Ranking [+]201750º
Markets
Euro / Philippine Pesos [+]05/20/202255.4601
US Dollar exchange rate [+]05/20/202252.3900
Stock ExchangeYTD % [+]05/20/2022-5.28%
Prices
CPI (overall index) [+]April 20224.9%
Money Market
Key rates [+]05/20/20222.25%
Business
Doing Business [+]2019124º
Passengers vehicles Year [+]December 2020153,833
Annual Vehicles/ 1,000 p. [+]December 20202.24
Vehicles / 1,000 people [+]201537.91
Taxes
Tax Revenue (%GDP) [+]201918.0%
Standard VAT [+]01/01/200712.00%
Top tax rate + SSC [+]202035.0%
Trade
Annual arrivals [+]20198,260,913
Exports [+]2021€63,083.7M
Exports [+]2021$74,609.0M
Exports % GDP [+]202118.96%
Imports [+]2021€104,747.0M
Imports [+]2021$123,884.3M
Imports % GDP [+]202131.48%
Trade balance [+]2021€-41,663.4M
Trade balance [+]2021$-49,275.3M
Trade balance % GDP [+]2021-12.52%
Socio-Demography
Global AgeWatch Ranking [+]201550º
Density [+]2021367
Global Peace Ranking [+]2021127º
Remittance received ($M) [+]201732,807.8
% Immigrant [+]20190.20%
% Emigrant [+]20195.01%
Birth Rate [+]201920.17‰
Remittance sent ($M) [+]2017536.6
Crude death rate [+]20195.92‰
Fertility Rate [+]20192.53
% risk of poverty [+]201816.7%
Population [+]2021110,200,000
Immigrant stock [+]2019218,530
Emigrant stock [+]20195,377,337
HDI [+]20190.718
Gender Gap Ranking [+]202016º
Life expectancy [+]201971.23
Suicides [+]20153,400
Suicide rate [+]20153.37
Number of homicides [+]20194,764
Rate Homicides per 100.000 [+]20194.41
Energy and Environment
CO2 Tons per capita [+]20201.27
Annual crude oil production [+]20211
Crude Oil Reserves [+]2021138.5
Consumption GWh [+]201990,927
Generation GWh [+]202097,460
Others
COVID-19 - Deaths [+]05/21/202260,455
COVID-19 - Confirmed [+]05/21/20223,688,751
Fully vaccinated [+]05/20/202268,912,256
COVID-19 - Deaths per million population [+]05/21/2022548.59
Doses administered [+]05/20/2022148,929,189