The Philippines ended 2023 on a high note,being the fastest growing economy across Southeast Asia with a growth rate of 5.6 percent—just shy of the government's target of 6.0 to 7.0 percent.1Should projections hold, the Philippines is expected to, once again, show significant growth in 2024...
Looking ahead into 2023, the economic forecast for the Philippines remains a moving target. After a record 10 percent contraction in 2020, the country may bounce back in 2023 with projected growth of around 5.3 percent, though it will hardly rise above preCOVID-19 levels (exhibit). ...
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economie...
Philippines [+]2023$437,146M5.5% Pakistan [+]2023$338,368M0.0% Poland [+]2023$811,229M0.1% State of Palestine [+]2023$17,396M-5.5% Palau [+]2023$263M0.4% Paraguay [+]2023$42,956M4.7% Qatar [+]2022$236,415M4.9% Romania [+]2023$351,003M2.4% ...
State-run PTV4 reports that the contingents of the House of Representatives and the Senate of the Bicameral conference committee has approved the proposed P5.268-T budget for 2023. November 17, 2022 American credit rating agency S&P Global Ratings affirms the Philippines’ “BBB+” investment gra...
In the meantime, the BSP said the balance of risks to the inflation outlook now leans toward the upside for both 2022 and 2023. Given these considerations, the central bank reiterated its support for "urgent and coordinated efforts of government agencies to ensure adequate domestic food supply."...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2023, the Philippine economy is estimated to be at ₱24.27 trillion, making it the world's 34th largest by nominal GDP and 14th largest in Asia according to...
Philippines [+]20228,060.0₱$148.013.02% Pakistan [+]202225,000.0₨$122.029.60% Poland [+]20244,300.0zł$1,091.73.15% State of Palestine [+]20131,450.0₪$388.80.40% Palau [+]2022728.0$$728.08.34% Paraguay [+]20242,798,309.0Gs$384.518.29% ...
The booming BPO industry in many developing countries has been very advantageous to the economy of these countries. The countries had benefitted both financially and economically. Many countries like the Philippines has been building e-commerce Centers in different key locations to serve the growing ...
GINI INDEX The Gini index is also known as Gini coefficient. It is used to measure the inequality between the inhabitants of a region, by comparing their incomes.