Gross domestic product (GDP) growth rate in the Philippines 2029 Philippines: Share in global GDP adjusted for PPP 2029 Share of economic sectors in the GDP in Philippines 2022 Employment by economic sector in the Philippines 2022 Unemployment rate in the Philippines 2023 Youth unemployment rate in...
boosted by the sharp slump in imports due to the severe contraction in domestic demand. However, the current account shifted back to a deficit of USD 6.0 billion in 2021, or 1.5% of GDP, as growth recovery triggered higher domestic demand and rising imports. ...
The main drivers are GDP per capita, consumer spending per capita, and 4G coverage. Additional notes:The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific...
The industrial sector has made a fair and sustained contribution to the GDP of the Philippines over the years, reaching almost 45% during the 1980s and dropping to less than 28% in 2021.6This sector still employs nearly one-fifth of the country’s workforce. The government of the Philippines...
As mentioned, the Philippines has one of Asia’s fastest-growing economies. Prior to the pandemic, its GDP expansion was outpacing even China with over 6% year-on-year growth. While the economy contracted in 2020, it came back strong in 2021 with an annual rate of 5.6% helped by 7.7% ...
Philippines Retail Price: Refined Sugar: Region 11: Digos City data was reported at 98.880 PHP/kg in Jun 2023. This stayed constant from the previous number of 98.880 PHP/kg for Jun 2023. Philippines Retail Price: Refined Sugar: Region 11: Digos City dat
GDP per Capita (USD) 3,623.316 2022 yearly 1950 - 2022 Gross Fixed Capital Formation (USD mn) 25,706.099 Sep 2024 quarterly Mar 1981 - Sep 2024 Gross National Product (GNP) (USD mn) 125,267.151 Sep 2024 quarterly Mar 1981 - Sep 2024 Gross Savings Rate (%) 10.8 Dec 2022 quarterly...
December 2023 Region Philippines Survey time period 2012 to 2022 Supplementary notes After 2018, open dump and controlled dump were collectively termed as illegal dump. Citation formats Citation formatsView options Access all statistics starting from$1,788 USDyearly* ...
The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate. Additional notes:The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated ...
market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate....