Philippines Philippines

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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 38 position by nominal GDP. Its national debt in 2021 was 189,635 millions of euros (224,438 millions of dollars), ( 56.95% debt-to-GDP ratio) and its public debt per capita is €1,721 euros per inhabitant$2,037 dollars per inhabitant.

The last annual rate of CPI published in Philippines was on December of 2022 and it was 8.1%.

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 0.699 points in 2021, leaving it in 116th place in the table of 191 countries published.

If the reason to visit Philippines are business, you must know it's in the 95th 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
Annual GDP [+]2021€332,976M
Annual GDP [+]2021$394,086M
GDP per capita [+]2021€3,022
GDP per capita [+]2021$3,576
Debt (M.€.) [+]2021189,635
Debt ($M) [+]2021224,438
Debt (%GDP) [+]202156.95%
Debt Per Capita [+]2021€1,721
Debt Per Capita [+]2021$2,037
Deficit (M.€) [+]2021-21,510
Deficit ($M) [+]2021-25,458
Deficit (%GDP) [+]2021-6.46%
Expenditure (M.€) [+]202189,295.1
Expenditure ($M) [+]2021105,683.2
Education Expenditure (M.€) [+]201910,885.9
Education Expenditure ($M) [+]201912,187.9
Education Expenditure (%Bud.) [+]202014.23%
Gov. Health Exp. (M.€) [+]20174,127.2
Gov. Health Exp.($M) [+]20174,660.7
Gov. Health Exp. (%Bud.) [+]20177.13%
Defence Expenditure (M.€) [+]20203,209.1
Defence Expenditure ($M) [+]20203,662.5
Defence Expenditure (%Bud.) [+]20204.00%
Expenditure (%GDP) [+]202126.82%
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 [+]09/15/2022Baa2
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
Unemployment rate [+]2020Q21.4%
Unemployed [+]2020Q2481K
NMW [+]2022$158.7
NMW [+]2022€140.2
Human Capital Ranking [+]201750º
Euro / Philippine Pesos [+]01/27/202359.3472
US Dollar exchange rate [+]01/27/202354.4820
Stock ExchangeYTD % [+]12/29/20230%
CPI (overall index) [+]December 20228.1%
Money Market
Key rates [+]12/16/20225.50%
Doing Business [+]202095º
Passengers vehicles Year [+]December 2020153,833
Annual Vehicles/ 1,000 p. [+]December 20202.24
Vehicles / 1,000 people [+]201537.91
Tax Revenue (%GDP) [+]202017.8%
Standard VAT [+]01/01/200712.00%
Top tax rate + SSC [+]202035.0%
Annual arrivals [+]20198,260,913
Exports [+]2021€63,083.7M
Exports [+]2021$74,609.0M
Exports % GDP [+]202118.95%
Imports [+]2021€104,747.0M
Imports [+]2021$123,884.3M
Imports % GDP [+]202131.46%
Trade balance [+]2021€-41,663.4M
Trade balance [+]2021$-49,275.3M
Trade balance % GDP [+]2021-12.51%
Global AgeWatch Ranking [+]201550º
Density [+]2021367
Global Peace Ranking [+]2022125º
Remittance received ($M) [+]201732,807.8
% Immigrant [+]20190.20%
% Emigrant [+]20195.01%
Birth Rate [+]202019.89‰
Remittance sent ($M) [+]2017536.6
Crude death rate [+]20205.98‰
Fertility Rate [+]20202.49
% risk of poverty [+]201816.7%
Population [+]2021110,200,000
Immigrant stock [+]2019218,530
Emigrant stock [+]20195,377,337
HDI [+]20210.699
Gender Gap Ranking [+]202219º
Life expectancy [+]202071.36
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 [+]20211.33
Annual crude oil production [+]20211
Crude Oil Reserves [+]2021138.5
Consumption GWh [+]202198,468
Generation GWh [+]2021108,209
COVID-19 - Deaths [+]01/26/202365,735
COVID-19 - Confirmed [+]01/26/20234,072,488
Fully vaccinated [+]01/12/202373,946,192
COVID-19 - Deaths per million population [+]01/26/2023596.51
Doses administered [+]01/12/2023169,916,574