General profile: Philippines

GENERAL INFORMATION FOR 2015
Population
Population
Exchange rates
Exchange rate
GDP
GDP
100.699 Millions
45.503 PHP/US$
292 449 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 298 170 km²
1.41 %
5.90 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-5.3 %
Merchandise exports growth rate in 2015
Total merchandise trade
(millions of US$)
2005
2010
2014
2015
Merchandise exports
41 255
51 496
62 100
58 827
Merchandise imports
49 487
58 468
67 719
70 153
Merchandise trade balance
-8 233
-6 972
-5 619
-11 326
Export structure by product group in 2015
(as % of total exports)
3 %3 %84 %84 %5 %5 %8 %8 %
Top 5 partners in 2015
(exports, millions of US$)
12 3818 8116 3936 1993 65012 3818 8116 3936 1993 650
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2014
2015
Services exports
8 611
17 782
25 498
28 167
Services imports
6 463
12 017
20 922
23 924
Services trade balance
2 148
5 765
4 577
4 244
Services exports by main category ²
(as % of total services)
2005
2010
2014
2015
Transport
10.9
7.6
7.4
6.8
Travel
26.6
14.9
19.7
18.7
Other services
62.1
77.0
72.6
74.1
TRADE INDICES
More data on UNCTADstat
114114108108100100929285851041048282959511211211011011511512912911511511011010010010010069696565626263636464696971716666757577778989929295959292999910010011410810092851048295112110115129115110100100696562636469716675778992959299100
ECONOMIC TRENDS
More data on UNCTADstat
+5.9 %
Gross domestic product growth rate in 2015
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2014
2015
GDP, current
103 072
199 591
284 834
292 449
GDP per capita, current US$
1 197
2 145
2 873
2 904
Real GDP growth, y-on-y, %
4.78
7.63
6.22
5.90
Current account balance, % of GDP
1.93
3.60
3.78
2.82
Exchange rate (/US$)
55.086
45.110
44.395
45.503
GDP by expenditure in 2014
(as % of total GDP)
72.510.520.528.832.472.510.520.528.832.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+1.9 %
FDI outflows as % of GDP in 2015
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2014
2015
FDI inflows
1 854.00
1 298.09
(j) 6 812.75
(j) 5 234.03
FDI outflows
189.00
616.00
(j) 6 753.92
(j) 5 601.94
Personal remittances, % of GDP
(g) 13.32
10.80
10.08
10.05
Financial flows trends
(millions of US$)
29 973.629 973.628 690.828 690.826 716.926 716.924 609.724 609.723 053.723 053.721 556.621 556.619 959.519 959.518 850.718 850.716 437.416 437.415 496.115 496.113 732.613 732.611 468.011 468.010 239.010 239.09 735.09 735.08 760.08 760.06 924.06 924.05 2345 2346 8136 8132 4302 4302 4492 4491 8521 8521 2981 2981 9631 9631 5441 5442 9162 9162 9212 9211 8541 8546886884914911 5421 5421951952 2402 24029 973.628 690.826 716.924 609.723 053.721 556.619 959.518 850.716 437.415 496.113 732.611 468.010 239.09 735.08 760.06 924.05 2346 8132 4302 4491 8521 2981 9631 5442 9162 9211 8546884911 5421952 240FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2014
2015
Balance, % of GDP
-9.70
-5.56
-4.48
-5.85
Balance, % of imports
-22.84
-16.90
-14.48
-19.63
Normalized balance
-0.129
-0.092
-0.078
-0.109
Trade openness ²
(sum of imports and exports as % of GDP)
5457545957605764677475
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2015
(as % of total labour force, all sectors)
Male
61%Male 61%Female
39%Female 39%
OTHER INDICATORS
More data on UNCTADstat
0.349 %
Share of the total world merchant fleet in 2015
Maritime transport indicators
 
2005
2010
2014
2015
Merchant fleet, national flag (thousands of DWT)
7 008
7 033
5 977
6 096
Liner shipping connectivity index (maximum 2004 = 100 for China)
15.87
15.19
20.27
18.27
Container port throughput (TEU)
..
4 947 039
5 869 427
(e) 5 869 427
Information economy indicators
(as % of)
2005
2010
2014
2015
Share of ICT goods, % of total exports
47.67
26.77
34.62
42.91
Share of ICT goods, % of total imports
45.81
31.63
20.89
27.47
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
g
Break.
j
Asset/liability basis.
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 06 June 2017