PHILIPPINE ECONOMY AT A GLANCE
POPULATION IN 2019 : 110 MILLION (PROJECTION BASED ON PREVIOUS CENSUS)
POPULATION IN 2019 BASED ON UN ESTIMATES: 108.11M
PER UN ON PHILIPPINE POPULATION: 2019 GROWTH RATE: 1.50%, POPULATION RANK: 13; WORLD PERCENTAGE: 1.40%.
FOREX RATE ON 08 FEB 2019 : USD 1 = PHP 52.290
AVERAGE FOREX RATE IN JAN 2019 : USD 1 = PHP 52.468
ANNUAL INFLATION RATE IN FEB 2019 : 3.8 %
ANNUAL INFLATION RATE IN JAN 2019 : 4.4 %
DOMESTIC PRODUCT GROWTH RATE IN 2017 : 6.7%
EXPORTS IN 2018 : USD 67.49 MILLION
IMPORTS IN 2018 : USD 108.93 MILLION
TRADE DEFICIT IN 2018 : USD 41.44 MILLION
EXTERNAL DEBT AS OF DEC 2018 : USD 72.199 BILLION
EMPLOYED POPULATION 15 YRS AND ABOVE IN JAN 2018 : 70.897MILLION
EMPLOYED POPULATION 15 YRS AND ABOVE IN JAN 2019 : 72.524 MILLION
TOURIST ARRIVALS IN 1918 : 5.8 MILLION
OFW REMITTANCES IN 2017 : USD31.28 BILION
OFW REMITTANCES IN 2018 : USD32.20 BILION
NUMBER OF OFWs IN 2017: 2.3 MILLION
FORBES MAGAZINE’S 2019 LIST OF WEALTHIEST PEOPLE IN THE PHILIPPINES
AND THEIR NET WORTH IN US BILLION DOLLARS:
- MANUEL VILLAR Jr. US$ 5.5B
- JOHN GOKONGWEI Jr. US$ 5.1 B
- ENRIQUE RAZON Jr. US$ 4.8 B
- LUCIO TAN US$ 4.4 B
- TONY TAN CAKTIONG US$ 3.9 B
- RAMON ANG US$ 2.9 B
- ANDREW TAN US$ 2.7 B
- HANS SY US$ 2.4 B
- HERBERT SY US$ 2.4 B
- HARLEY SY US$ 2.2 B
- HENRY SY Jr. US$ 2.2 B
- TERESITA SY-COSON US$ 2.2 B
- ELIZABETH SY US$ 1.9 B
TOTAL BUDGET FOR THE “BUILD, BUILD, BUILD” PROGRAM UP TO END OF THE DUTERTE ADMINISTRATION: P8 BILLION.
SPENT FOR TWO AND 1/2 YEARS FOR THE “BUILD, BUILD, BUILD” PROGAM: P1.64 BILLION.
TO VIEW DETAILS PLEASE CLICK THE FILE BELOW:
A-TSH-0108-PHILIPPINE ECONOMY AT A GLANCE
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