Philippines

Official Name: The Republic of The Philippines
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Republika ng Pilipinas
ISO Country Codes: PH : PHL
Internet Domain: .ph
Government Web Site: https://op-proper.gov.ph/
Capital: Manila Main Airports: Mactan–Cebu International Airport, Ninoy Aquino International Airport
Language(s): English; Filipino Population: 114,597,229
Currency: Philippine Peso ISO Currency Code: PHP
Telephone Dial In: +63 ID Prefix: 00




Philippines

Government Website: https://op-proper.gov.ph/
Sovereign Ratings: https://countryeconomy.com/ratings/philippines
Central Bank: Bangko Sentral ng Pilipinas
Currency USD Exchange Rate: 48.055 Philippine pesos (PHP) per US dollar (2020 est.)
Unemployment Rate: 5.11% (2019 est.)
Population below poverty line: 16.7% (2018 est.)
Inflation Rate: 2.4% (2019 est.)
Prime Lending Rate: 6.54% (Dec-19 - TradingEconomics)
GDP: $921.826 billion (2021 est.)
GDP Pro Capita (PPP): $8,100 (2021 est.)
Currency Name: Philippine Peso
Currency Code: PHP
World Bank Classification: Lower-Middle Income Economy

GDP Composition:

Agriculture: 9.7% rice, fish, livestock, poultry, bananas, coconut/copra, corn, sugarcane, mangoes, pineapple, cassava
Industry: 30.8% semiconductors and electronics assembly, food and beverage manufacturing, construction, electric/gas/water supply, chemical products, radio/television/communications equipment and apparatus, petroleum and fuel, textile and garments, non-metallic minerals,
Services: 59.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Philippine Stock Exchange ;

National Statistics Office:

National Dataset(s):

Philippines


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; ): Filipino
Customs & Excise: Bureau of Customs
Development Bank(s): Asian Development Bank; Asian Infrastructure Investment Bank; Development Bank of the Philippines;
National Standards Bureau: Bureau of Philippine Standards
Competitive Ind’l Performance: 64/141 (2019) Corruption Perceptions Index: 116/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 82/136 (2016)
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Export Credit & Insurance Show
Investment & Export Promotion Show

Export Promotion Agency: Center for International Trade Expositions and Missions ; The Department of Trade and Industry ; The Philippine Exporters Confederation The umbrella organization of Philippine exporters accredited under the Export Development Act. ; Investment Agency: Philippine Board of Investments ;