Editing Economy of the Philippines (section)

== Statistics ==
{{See also|Income inequality in the Philippines|Poverty in the Philippines}}
{{clear}}
{| class="wikitable"
|- style="background-color:#E0E0E0
! | || '''2023'''|| '''2022''' || '''2021''' || '''2020''' || '''2019''' || '''2018''' || '''2017'''
|- 
! colspan="8" style="background-color:#D0F4FF | {{small|Social Indicators}}
|-
|'''Population'''<br>''{{small|(in million)}}''<br /> || 111.9 || 110.9 || 110.1 || 109.2 || 107.3 || 105.8 || 104.2
|-
|'''Poverty''' ''{{small|(%)}}'' || - || - || 18.1 || - || - || 16.6 || -
|-
|'''Labor Force''' <br>''{{small|(in million)}}''<br />|| 51.2 || 49.0 || 47.7 || 43.9 || 42.4 || 41.2 || 40.3
|- 
|'''Unemployment''' ''{{small|(%)}}'' || 4.3 || 5.4 || 7.8 || 10.3 || 5.1 || 5.3 || 5.7 
|-
|'''Wage Rates''' <br>''{{small|(Nominal ₱: end-of-period)}}''<br />|| 610.00 || 570.00 || 537.00 || 537.00 || 537.00 || 537.00 || 512.00
|-
|'''Inflation Rate'''<br>''{{small|(Constant 2018 prices; %)}}''<br /> || 6.0 || 5.8 || 3.9 || 2.4 || 2.4 || 5.2 || 2.9 
|-
! colspan="8" style="background-color:#D0F4FF | {{small|External Sectors}}
|-
|'''Trade Balance''' <br>''{{small|(US$ million)}}''<br /> || -65,778 || -69,701 || -52,806 || -33,775 || -49,312 || -50,972 || -40,215
|-
|'''Export of Goods''' <br>''{{small|(US$ million)}}''<br /> || 55,316 || 57,710 || 54,228 || 48,212 || 53,477 || 51,977 || 51,814
|-
|'''Import of Goods''' <br>''{{small|(US$ million)}}''<br /> || 121,104 || 127,412 || 107,034 || 81,987 || 102,788 || 102,949 || 92,029
|-
|'''Current Account''' <br>''{{small|(US$ million; % of GDP)}}''<br /> || -11,206 (-2.6) || -18,261 (-4.5) || -5,943 (-1.5) || 11,578 (3.2) || -3,047 (0.8) || -8,877 (-2.6) || -2,143 (-0.7)
|-
|'''External Debt''' <br>''{{small|(US$ million; % of GDP)}}''<br /> || 125,394 (28.7) || 111,268 (27.5) || 106,428 (27.0) || 98,488 (27.2) || 83,618 (22.2) || 78,960 (22.8) || 73,098 (22.3)
|-
|'''Personal Remittances''' <br>''{{small|(US$ million)}}''<br /> || 37,210 || 36,136 || 34,884 || 33,194 || 33,467 || 32,213 || 31,288
|-
|'''Foreign Reserves''' <br>''{{small|(US$ million)}}''<br /> || 103,725 || 96,130 || 108,794 || 110,115 || 87,836 || 79,189 || 81,567
|-
|'''FDI Flows''' <br>''{{small|(Inward; US$ million)}}''<br /> || 8,900 || 9,200 || 10,518 || 6,822 || 8,671 || 9,949 || 10,236
|-
|'''FDI Stock''' <br>''{{small|(Inward; US$ million)}}''<br /> || 118,985 || 112,965  || 113,711 || 103,193 || 94,593 || 82,997 || 73,016
|-
! colspan="8" style="background-color:#D0F4FF | {{small|Public Finances}}
|-
|'''Budget Balance''' <br>''{{small|(₱ billion; % of GDP)}}''<br /> || -1,512 (-6.2) || -1,614 (-7.3)  || -1,670 (-8.6) || -1,371 (-7.6) || -660 (-3.4) || -558 (-3.1) || -351 (-2.1)
|-
|'''Revenues''' <br>''{{small|(₱ billion; % of GDP)}}''<br /> || 3,824 (15.7) || 3,546 (16.1) || 3,006 (15.5) || 2,856 (15.9) || 3,137 (16.1) || 2,850 (15.6) || 2,473 (14.9)
|-
|'''Expenditures''' <br>''{{small|(₱ billion; % of GDP)}}''<br /> || 5,336 (21.9) || 5,160 (23.4) || 4,676 (24.1) || 4,227 (23.5) || 3,798 (19.5) || 3,408 (18.7) || 2,824 (17.1)
|-
|'''BSP Rates''' <br>''{{small|(Nominal; O-RRP)}}''<br /> || 0.16 || -5.03  || -1.10 || -0.57 || 2.01 || -1.58 || 0.10
|-
|'''Public Debt''' <br>''{{small|(₱ billion; % of GDP)}}''<br /> || 14,616 (60.1) || 13,419 (60.9) || 11,729 (60.4) || 9,795 (54.6) || 7,731 (39.6) || 7,293 (39.9) || 6,652 (40.2)
|-
|'''Peso-Dollar Rate''' <br>''{{small|(Average Period)}}''<br /> || 55.630 || 54.478 || 49.225 || 49.624 || 51.796 || 52.661 || 50.404
|-
! colspan="8" style="background-color:#E0E0E0 | ''Sources: [[Bangko Sentral ng Pilipinas]]''<ref name="SEFIPH"/> and [[UNCTAD]]<ref name="PHWIR2024"/>
|-
|}

{{Clear}}

'''GDP-related data can be found [[#Overview|here]]''':
* '''Industries:''' electronics assembly, aerospace, agribusiness, automotive, IT and business process outsourcing, shipbuilding, garments, footwear, pharmaceuticals, chemicals, wood products, financial services, food processing, petrochemical, metalcasting and mining, real estate, textile, tourism<ref name="Manufacturing"/><ref name="auto"/>
* '''Electricity – production:''' 106,115 GWh (2021)<ref>{{Cite report |title=2021 Power Statistics |url=https://www.doe.gov.ph/sites/default/files/pdf/energy_statistics/2021_power_statistics_01_summary.pdf |website=[[Department of Energy (Philippines)|Department of Energy]]}}</ref>
* '''Agriculture – products:''' [[abaca]], [[banana]]s, [[sugarcane]], [[coconut]]s, [[durian]], [[rice]], [[maize|corn]], [[cassava]]s, [[mango]]es; [[pork]], [[egg (food)|eggs]], [[beef]], [[pineapple]]s, [[fish]]<ref name="CIAfactbookPhilEcon">[https://www.cia.gov/the-world-factbook/countries/philippines/ CIA World Factbook, Philippines], Retrieved May 15, 2009.</ref>
* '''Exports – commodities/products:''' Semiconductors and electronic products, machinery, transport equipment, aerospace/parts, automotive/parts, garments, chemicals, copper, nickel, petroleum products, coconut oil, fruits<ref name="CIAfactbookPhilEcon" />
* '''Imports – commodities/products:''' electronic products, machinery, telecommunication and transport equipment, automotive, chemicals, petroleum, cereals, livestocks, cement and steel, fruits<ref name="CIAfactbookPhilEcon" />
* '''Manufacturing Growth:''' 5.9% (April 2024)<ref>{{Cite press release |title=Production Index and Net Sales Index (Monthly Integrated Survey of Selected Industries) April 2024 (2018=100) |url=https://psa.gov.ph/statistics/manufacturing/missi |access-date=June 7, 2024 |website=[[Philippine Statistics Authority]]}}</ref>
* '''PMI Manufacturing:''' 52.2 (April 2024)<ref>{{Cite report |title=PHL S&P Global Philippines Manufacturing PMI |url=https://www.pmi.spglobal.com/Public/Home/PressRelease/416e32cbd0834ae399f355888cc6ac79&ved=2ahUKEwjh3oaQ0e6GAxU1rVYBHV2XBgEQFnoECBUQAQ&usg=AOvVaw0mjVGqJ_TduPYkkqLWfMRG |access-date=May 2, 2024 |website=[[S&P Global]] }}{{Dead link|date=July 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
* '''Yield Curve''': 10-Year Bond 6.70% (June 2024)<ref>{{Cite web |title=PDEX FIXED INCOME (FI) MARKET SUMMARY |url=https://www.treasury.gov.ph/ |access-date=June 20, 2024 |website=Bureau of the Treasury}}</ref>
* '''Net International Investment Position''': –$51.317 billion (2023 est.)<ref>{{Cite web |title=PHL-International Investment Position (BPM6) |url=https://www.bsp.gov.ph/Statistics/External/iip_bpm6_data.aspx |access-date=October 1, 2022 |website=[[Bangko Sentral ng Pilipinas]]}}</ref>