THE PHILIPPINE ECONOMY AT A GLANCE |
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POPULATION IN 2012: |
97,594,040 |
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PROJECTED POPULATION BASED ON THE 2000 CENSUS ON |
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POPULATION AND HOUSING: |
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2010 |
94,013,200 |
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2015 |
102,965,300 |
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PROJECTIONS BASED ON ABOVE: |
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2010 |
94,013,200 |
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2011 |
95,803,620 |
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2012 |
97,594,040 |
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2013 |
99,384,460 |
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2014 |
101,174,880 |
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2015 |
102,965,300 |
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SOURCE: NATIONAL STATISTICS OFFICE |
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FOREX RATE: PHILIPPINE PESO VS. |
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US DOLLAR: |
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AS OF MARCH 28, 2012: |
USD 1.00 = PHP 42.94 |
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TREND: |
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2/20/2012 |
42.66 |
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2/21/2012 |
42.50 |
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2/22/2012 |
42.63 |
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2/23/2012 |
42.77 |
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2/24/2012 |
42.76 |
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2/27/2012 |
43.38 |
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2/28/2012 |
43.04 |
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3/1/2012 |
42.72 |
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3/2/2012 |
42.76 |
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3/5/2012 |
42.67 |
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3/6/2012 |
42.82 |
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3/7/2012 |
42.91 |
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3/9/2012 |
42.69 |
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3/12/2012 |
42.50 |
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3/13/2012 |
42.68 |
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3/14/2012 |
42.56 |
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3/15/2012 |
42.73 |
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3/16/2012 |
43.06 |
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3/19/2012 |
42.93 |
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3/20/2012 |
42.94 |
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3/21/2012 |
42.93 |
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3/22/2012 |
43.03 |
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3/23/2012 |
43.05 |
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3/27/2012 |
42.98 |
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3/28/2012 |
42.94 |
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SOURCE: CB STATISTICS |
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INFLATION RATES: |
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IN FEBRUARY 2012: |
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2.7 |
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IN JANUARY 2012: |
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4 |
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IN DECEMBER 2011: |
4.2 |
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TREND: |
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2010 |
January |
4.3 |
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2010 |
February |
4.2 |
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2010 |
March |
4.4 |
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2010 |
April |
4.4 |
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2010 |
May |
4.3 |
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2010 |
June |
3.9 |
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2010 |
July |
3.9 |
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2010 |
August |
4 |
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2010 |
September |
3.5 |
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2010 |
October |
2.8 |
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2010 |
November |
3 |
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2010 |
December |
3 |
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2011 |
January |
3.6 |
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2011 |
February |
4.3 |
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2011 |
March |
4.3 |
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2011 |
April |
4.3 |
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2011 |
May |
4.5 |
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2011 |
June |
4.6 |
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2011 |
July |
4.6 |
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2011 |
August |
4.3 |
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2011 |
September |
4.6 |
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2011 |
October |
5.3 |
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2011 |
November |
4.8 |
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2011 |
December |
4.2 |
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2012 |
January |
4 |
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2012 |
February |
2.7 |
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SOURCE: NATIONAL STATISTICAL COORDINATION BOARD |
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GROSS DOMESTIC PRODUCT |
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AT CURRENT PRICES |
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IN PHP |
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GRW RT |
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2010 |
8,513,037 |
Million |
10.86% |
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2009 |
7,678,917 |
Million |
3.64% |
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2008 |
7,409,371 |
Million |
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GDP PER CAPITA |
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IN PHP |
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2010 |
90,552 |
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GROSS DOMESTIC PRODUCT |
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AT 1985 PRICES |
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IN PHP |
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GRW RT |
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2010 |
1,537,152 |
Million |
7.33% |
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2009 |
1,432,115 |
Million |
1.06% |
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2008 |
1,417,087 |
Million |
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GROSS NATIONAL PRODUCT |
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AT CURRENT PRICES |
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IN PHP |
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GRW RT |
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2010 |
9,750,193 |
Million |
10.67% |
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2009 |
8,809,984 |
Million |
6.64% |
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2008 |
8,261,492 |
Million |
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GNP PER CAPITA |
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IN PHP |
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2010 |
103,711 |
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GROSS NATIONAL PRODUCT |
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AT 1985 PRICES |
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IN PHP |
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GRW RT |
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2010 |
1,773,350 |
Million |
7.16% |
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2009 |
1,654,936 |
Million |
4.01% |
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2008 |
1,591,100 |
Million |
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SOURCE: NATIONAL STATISTICAL COORDINATION BOARD |
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PHILIPPINE EXTERNAL DEBT |
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IN US$ |
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GRW RT |
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AS OF DEC 2011: |
61.711 |
Billion |
2.77% |
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AS OF DEC 2010: |
60.048 |
Billion |
9.46% |
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AS OF DEC 2009: |
54.856 |
Billion |
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SOURCE: CB STATISTICS |
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EMPLOYMENT RATE (15 YEARS OLD AND OVER) |
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JAN 2012 |
JAN 2011 |
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LABOR FORCE PARTICIPATION RATE |
64.30% |
63.70% |
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EMPLOYMENT RATE |
92.80% |
92.60% |
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UNEMPLOYMENT RATE |
7.20% |
7.40% |
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UNDEREMPLOYMENT RATE |
18.80% |
19.40% |
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SOURCE: NATIONAL STATISTICAL COORDINATION BOARD |
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PHILIPPINE FOREIGN TRADE |
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(IN MILLION US$) |
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2011 |
2010 |
2009 |
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TOTAL TRADE |
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108,186 |
106,430 |
81,527 |
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EXPORTS |
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48,042 |
51,498 |
38,436 |
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IMPORTS |
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60,144 |
54,933 |
43,092 |
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BALANCE OF TRADE |
-12,102 |
-3,435 |
-4,656 |
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SOURCE: NATIONAL STATISTICAL COORDINATION BOARD |
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TOURIST ARRIVALS |
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GRW RT |
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JANUARY 2012 |
400,000 |
400,000 |
14.28% |
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JANUARY 2011 |
350,000 |
350,000 |
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PROJECTED TOTAL FOR 2012 |
5,000,000 |
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SOURCE: PHILIPPINE DAILY INQUIRER |
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OVERSEAS FILIPINO REMITTANCES |
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(IN THOUSAND US DOLLARS) |
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JANUARY 2012 |
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1,557,084 |
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JANUARY 2011 |
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1,476,933 |
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GRW RT |
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2011 |
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20,116,992 |
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7.22% |
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2010 |
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18,762,989 |
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8.15% |
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2009 |
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17,348,052 |
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SOURCE: CENTRAL BANK STATISTICS |
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