Location:
Southeastern Asia, archipelago between the Philippine Sea and the South China Sea, east of Vietnam
Geographic coordinates:
Map references:
Area:
total:300,000 sq km
land:298,170 sq km
water:1,830 sq km
country comparison to the world:74
Area - comparative:
slightly less than twice the size of Georgia; slightly larger than Arizona
Area comparison map: East Asia/Southeast Asia
:: PhilippinesPrint slightly less than twice the size of Georgia; slightly larger than Arizona
Land boundaries:
Coastline:
Maritime claims:
territorial sea:irregular polygon extending up to 100 nm from coastline as defined by 1898 treaty; since late 1970s has also claimed polygonal-shaped area in South China Sea as wide as 285 nm
exclusive economic zone:200nm
continental shelf:to the depth of exploitation
Climate:
tropical marine; northeast monsoon (November to April); southwest monsoon (May to October)
Terrain:
mostly mountains with narrow to extensive coastal lowlands
Elevation:
mean elevation:442 m
elevation extremes:0 mlowest point: Philippine Sea
2954 highest point: Mount Apo
Natural resources:
timber, petroleum, nickel, cobalt, silver, gold, salt, copper
Land use:
agricultural land:41%(2011 est.)
arable land:18.2%(2011 est.)/permanent crops:17.8%(2011 est.)/permanent pasture:5%(2011 est.)
forest:25.9%(2011 est.)
other:33.1%(2011 est.)
Irrigated land:
Population distribution:
population concentrated where good farmlands lie; highest concentrations are northwest and south-central Luzon, the southeastern extension of Luzon, and the islands of the Visayan Sea, particularly Cebu and Negros; Manila is home to one-eighth of the entire national population
Natural hazards:
astride typhoon belt, usually affected by 15 and struck by five to six cyclonic storms each year; landslides; active volcanoes; destructive earthquakes; tsunamis
volcanism: significant volcanic activity; Taal (311 m), which has shown recent unrest and may erupt in the near future, has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; Mayon (2,462 m), the country's most active volcano, erupted in 2009 forcing over 33,000 to be evacuated; other historically active volcanoes include Biliran, Babuyan Claro, Bulusan, Camiguin, Camiguin de Babuyanes, Didicas, Iraya, Jolo, Kanlaon, Makaturing, Musuan, Parker, Pinatubo, and Ragang; see note 2 under \"Geography - note\"
Environment - current issues:
uncontrolled deforestation especially in watershed areas; illegal mining and logging; soil erosion; air and water pollution in major urban centers; coral reef degradation; increasing pollution of coastal mangrove swamps that are important fish breeding grounds; coastal erosion; dynamite fishing; wildlife extinction
Environment - international agreements:
party to:Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified:Air Pollution-Persistent Organic Pollutants
Geography - note:
note 1: for decades, the Philippine archipelago was reported as having 7,107 islands; in 2016, the national mapping authority reported that hundreds of new islands had been discovered and increased the number of islands to 7,641 - though not all of the new islands have been verified; the country is favorably located in relation to many of Southeast Asia's main water bodies: the South China Sea, Philippine Sea, Sulu Sea, Celebes Sea, and Luzon Strait
note 2: Philippines is one of the countries along the Ring of Fire, a belt of active volcanoes and earthquake epicenters bordering the Pacific Ocean; up to 90% of the world's earthquakes and some 75% of the world's volcanoes occur within the Ring of Fire
note 3: the Philippines sits astride the Pacific typhoon belt and an average of 9 typhoons make landfall on the islands each year - with about 5 of these being destructive; the country is the most exposed in the world to tropical storms
Population:
105,893,381(July 2018 est.)
country comparison to the world:13
Nationality:
noun:Filipino(s)
adjective:Philippine
Ethnic groups:
Tagalog 28.1%, Bisaya/Binisaya 11.4%, Cebuano 9.9%, Ilocano 8.8%, Hiligaynon/Ilonggo 8.4%, Bikol/Bicol 6.8%, Waray 4%, other local ethnicity 26.1%, other foreign ethnicity .1%(2010 est.)
Languages:
unspecifiedFilipino (official; based on Tagalog) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan
Religions:
Roman Catholic 80.6%, Protestant 8.2% (includes Philippine Council of Evangelical Churches 2.7%, National Council of Churches in the Philippines 1.2%, other Protestant 4.3%), Muslim 5.6%, tribal religions .2%, other 1.9%, none .1%(2010 est.)
Age structure:
0-14 years:33.07%(male 17,870,983 /female 17,151,096)
15-24 years:19.17%(male 10,360,704 /female 9,934,798)
25-54 years:37.11%(male 19,987,460 /female 19,312,673)
55-64 years:6.04%(male 2,932,572 /female 3,462,832)
65 years and over:4.61%(male 2,001,964 /female 2,878,299)(2018 est.)
population pyramid: East Asia/Southeast Asia
:: PhilippinesPrint This is the population pyramid for Philippines. A population pyramid illustrates the age and sex structure of a country's population and may provide insights about political and social stability, as well as economic development. The population is distributed along the horizontal axis, with males shown on the left and females on the right. The male and female populations are broken down into 5-year age groups represented as horizontal bars along the vertical axis, with the youngest age groups at the bottom and the oldest at the top. The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends.
For additional information, please see the entry for Population pyramid on the Definitions and Notes page under the References tab.
Dependency ratios:
total dependency ratio:58.2(2015 est.)
youth dependency ratio:51(2015 est.)
elderly dependency ratio:7.2(2015 est.)
potential support ratio:13.8(2015 est.)
Median age:
Population growth rate:
1.55%(2018 est.)
country comparison to the world:70
Birth rate:
23.4 births/1,000 population(2018 est.)
country comparison to the world:58
Death rate:
6.1 deaths/1,000 population(2018 est.)
country comparison to the world:160
Net migration rate:
-2 migrant(s)/1,000 population(2017 est.)
country comparison to the world:163
Population distribution:
population concentrated where good farmlands lie; highest concentrations are northwest and south-central Luzon, the southeastern extension of Luzon, and the islands of the Visayan Sea, particularly Cebu and Negros; Manila is home to one-eighth of the entire national population
Urbanization:
urban population:46.9% of total population(2018)
rate of urbanization:1.99% annual rate of change(2015-20 est.)
Major urban areas - population:
13.482 million MANILA (capital), 1.745 million Davao, 956,000 Cebu City, 894,000 Zamboanga, 837,000 Antipolo(2018)
Sex ratio:
at birth:1.05 male(s)/female(2017 est.)
0-14 years:1.04 male(s)/female(2017 est.)
15-24 years:1.04 male(s)/female(2017 est.)
25-54 years:1.03 male(s)/female(2017 est.)
55-64 years:0.84 male(s)/female(2017 est.)
65 years and over:0.72 male(s)/female(2017 est.)
total population:1.01 male(s)/female(2017 est.)
Mother's mean age at first birth:
22.8 years(2017 est.)
note: median age at first birth among women 25-29
Maternal mortality rate:
114 deaths/100,000 live births(2015 est.)
country comparison to the world:70
Infant mortality rate:
total:20.9 deaths/1,000 live births(2018 est.)
male:23.8 deaths/1,000 live births(2018 est.)
female:17.9 deaths/1,000 live births(2018 est.)
country comparison to the world:79
Life expectancy at birth:
total population:69.6 years(2018 est.)
male:66.1 years(2018 est.)
female:73.3 years(2018 est.)
country comparison to the world:162
Total fertility rate:
2.99 children born/woman(2018 est.)
country comparison to the world:52
Contraceptive prevalence rate:
Health expenditures:
4.7% of GDP(2014)
country comparison to the world:151
Hospital bed density:
1 beds/1,000 population(2011)
Drinking water source:
improved:urban:93.7% of population
rural:90.3% of population
total:91.8% of population
unimproved:urban:6.3% of population
rural:9.7% of population
total:8.2% of population(2015 est.)
Sanitation facility access:
improved:urban:77.9% of population(2015 est.)
rural:70.8% of population(2015 est.)
total:73.9% of population(2015 est.)
unimproved:urban:22.1% of population(2015 est.)
rural:29.2% of population(2015 est.)
total:26.1% of population(2015 est.)
HIV/AIDS - adult prevalence rate:
0.1%(2017 est.)
country comparison to the world:117
HIV/AIDS - people living with HIV/AIDS:
68,000(2017 est.)
country comparison to the world:51
HIV/AIDS - deaths:
Major infectious diseases:
degree of risk:high(2016)
food or waterborne diseases:bacterial diarrhea, hepatitis A, and typhoid fever(2016)
vectorborne diseases:dengue fever and malaria(2016)
water contact diseases:leptospirosis(2016)
Obesity - adult prevalence rate:
6.4%(2016)
country comparison to the world:168
Children under the age of 5 years underweight:
21.5%(2015)
country comparison to the world:24
Education expenditures:
2.7% of GDP(2009)
country comparison to the world:160
Literacy:
definition:age 15 and over can read and write(2015 est.)
total population:96.3%(2015 est.)
male:95.8%(2015 est.)
female:96.8%(2015 est.)
School life expectancy (primary to tertiary education):
total:13 years(2013)
male:12 years(2013)
female:13 years(2013)
Unemployment, youth ages 15-24:
total:7.7%(2016 est.)
male:6.8%(2016 est.)
female:9.2%(2016 est.)
country comparison to the world:140
Country name:
conventional long form:Republic of the Philippines
conventional short form:Philippines
local long form:Republika ng Pilipinas
local short form:Pilipinas
etymology:named in honor of King PHILLIP II of Spain by Spanish explorer Ruy LOPEZ de VILLALOBOS, who visited some of the islands in 1543
Government type:
Capital:
name:Manila
geographic coordinates:14 36 N, 120 58 E
time difference:UTC+8 (13 hours ahead of Washington, DC, during Standard Time)
Administrative divisions:
80 provinces and 39 chartered cities
provinces: Abra, Agusan del Norte, Agusan del Sur, Aklan, Albay, Antique, Apayao, Aurora, Basilan, Bataan, Batanes, Batangas, Biliran, Benguet, Bohol, Bukidnon, Bulacan, Cagayan, Camarines Norte, Camarines Sur, Camiguin, Capiz, Catanduanes, Cavite, Cebu, Compostela, Cotabato, Davao del Norte, Davao del Sur, Davao Oriental, Dinagat Islands, Eastern Samar, Guimaras, Ifugao, Ilocos Norte, Ilocos Sur, Iloilo, Isabela, Kalinga, Laguna, Lanao del Norte, Lanao del Sur, La Union, Leyte, Maguindanao, Marinduque, Masbate, Mindoro Occidental, Mindoro Oriental, Misamis Occidental, Misamis Oriental, Mountain, Negros Occidental, Negros Oriental, Northern Samar, Nueva Ecija, Nueva Vizcaya, Palawan, Pampanga, Pangasinan, Quezon, Quirino, Rizal, Romblon, Samar, Sarangani, Siquijor, Sorsogon, South Cotabato, Southern Leyte, Sultan Kudarat, Sulu, Surigao del Norte, Surigao del Sur, Tarlac, Tawi-Tawi, Zambales, Zamboanga del Norte, Zamboanga del Sur, Zamboanga Sibugay;
chartered cities: Angeles, Antipolo, Bacolod, Baguio, Butuan, Cagayan de Oro, Caloocan, Cebu, Cotabato, Dagupan, Davao, General Santos, Iligan, Iloilo, Lapu-Lapu, Las Pinas, Lucena, Makati, Malabon, Mandaluyong, Mandaue, Manila, Marikina, Muntinlupa, Naga, Navotas, Olongapo, Ormoc, Paranaque, Pasay, Pasig, Puerto Princesa, Quezon, San Juan, Santiago, Tacloban, Taguig, Valenzuela, Zamboanga
(2012)Independence:
4 July 1946 (from the US)
National holiday:
Independence Day, 12 June (1898); note - 12 June 1898 was date of declaration of independence from Spain; 4 July 1946 was date of independence from the US
Constitution:
history:several previous; latest ratified 2 February 1987, effective 11 February 1987(2017)
amendments:proposed by Congress if supported by three-fourths of the membership, by a constitutional convention called by Congress, or by public petition; passage by either of the three proposal methods requires a majority vote in a national referendum; note - the constitution has not been amended since its enactment in 1987(2017)
Legal system:
mixed legal system of civil, common, Islamic, and customary law
International law organization participation:
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
Citizenship:
citizenship by birth:no
citizenship by descent only:at least one parent must be a citizen of the Philippines
dual citizenship recognized:no
residency requirement for naturalization:10 years
Suffrage:
18 years of age; universal
Judicial branch:
highest courts:Supreme Court (consists of a chief justice and 14 associate justices)
judge selection and term of office:justices are appointed by the president on the recommendation of the Judicial and Bar Council, a constitutionally created, 6-member body that recommends Supreme Court nominees; justices serve until age 70
subordinate courts:Court of Appeals; Sandiganbayan (special court for corruption cases of government officials); Court of Tax Appeals; regional, metropolitan, and municipal trial courts; sharia courts
Executive branch:
chief of state:President Rodrigo DUTERTE (since 30 June 2016); Vice President Leni ROBREDO (since 30 June 2016); note - the president is both chief of state and head of government
head of government:President Rodrigo DUTERTE (since 30 June 2016); Vice President Leni ROBREDO (since 30 June 2016)
cabinet:Cabinet appointed by the president with the consent of the Commission of Appointments, an independent body of 25 Congressional members including the Senate president (ex officio chairman), appointed by the president
elections/appointments:president and vice president directly elected on separate ballots by simple majority popular vote for a single 6-year term; election last held on 9 May 2016 (next to be held in May 2022)
election results:Rodrigo DUTERTE elected president; percent of vote - Rodrigo DUTERTE (PDP-Laban) 39%, Manuel \"Mar\" ROXAS (LP) 23.5%, Grace POE (independent) 21.4%, Jejomar BINAY (UNA) 12.7%, Miriam Defensor SANTIAGO (PRP) 3.4%; Leni ROBREDO elected vice president; percent of vote Leni ROBREDO (LP) 35.1%, Bongbong MARCOS (independent) 34.5%, Alan CAYETANO 14.4%, Francis ESCUDERO (independent) 12%, Antonio TRILLANES (independent) 2.1%, Gregorio HONASAN (UNA) 1.9%
Legislative branch:
description:bicameral Congress or Kongreso consists of:
Senate or Senado (24 seats; members directly elected in multi-seat constituencies by majority vote; members serve 6-year terms with one-half of the membership renewed every 3 years)
House of Representatives or Kapulungan Ng Mga Kinatawan (297 seats; 238 members directly elected in single-seat constituencies by simple majority vote and 59 representing minorities directly elected by party-list proportional representation vote; members serve 3-year terms)
elections:
Senate - elections last held on 9 May 2016 (next to be held in May 2019)
House of Representatives - elections last held on 9 May 2016 (next to be held in May 2019)
election results:
Senate - percent of vote by party - LP 31.3%, NPC 10.1%, UNA 7.6%, Akbayan 5.0%, other 30.9%, independent 15.1%; seats by party - LP 6, NPC 3, UNA 4, Akbayan 1, other 10; composition - men 18, women 6, percent of women 25%
House of Representatives - percent of vote by party - LP 41.7%, NPC 17.0%, UNA 6.6%, NUP 9.7%, NP 9.4%, independent 6.0%, others 10.1%; seats by party - LP 115, NPC 42, NUP 23, NP 24, UNA 11, other 19, independent 4, party-list 59; composition - men 210, women 87, percent of women 29%
Political parties and leaders:
Akbayon [Machris CABREROS]
Laban ng Demokratikong Pilipino (Struggle of Filipino Democrats) or LDP [Edgardo ANGARA]
Lakas ng EDSA-Christian Muslim Democrats or Lakas-CMD [Ferdinand Martin ROMUALDEZ]
Liberal Party or LP [Francis PANGILINAN]
Nacionalista Party or NP [Manuel \"Manny\" VILLAR]
Nationalist People's Coalition or NPC [Eduardo COJUNGCO, Jr.]
National Unity Party or NUP [Albert GARCIA]
PDP-Laban [Aquilino PIMENTEL III]
People's Reform Party or PRP [Narcisco SANTIAGO]
Puwersa ng Masang Pilipino (Force of the Philippine Masses) or PMP [Joseph ESTRADA]
United Nationalist Alliance or UNA
International organization participation:
ADB, APEC, ARF, ASEAN, BIS, CD, CICA (observer), CP, EAS, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINUSTAH, NAM, OAS (observer), OPCW, PCA, PIF (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNMIL, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission:Ambassador Jose Manuel del Gallego ROMUALDEZ (since 29 November 2017)
chancery:1600 Massachusetts Avenue NW, Washington, DC 20036
telephone:[1] (202) 467-9300
FAX:[1] (202) 328-7614
consulate(s) general:Chicago, Honolulu, Los Angeles, New York, Saipan (Northern Mariana Islands), San Francisco, Tamuning (Guam)
Diplomatic representation from the US:
chief of mission:Ambassador Sung KIM (since 6 December 2016)
embassy:1201 Roxas Boulevard, Manila 1000
mailing address:PSC 500, FPO AP 96515-1000
telephone:[63] (2) 301-2000
FAX:[63] (2) 301-2017
Flag description:
two equal horizontal bands of blue (top) and red; a white equilateral triangle is based on the hoist side; the center of the triangle displays a yellow sun with eight primary rays; each corner of the triangle contains a small, yellow, five-pointed star; blue stands for peace and justice, red symbolizes courage, the white equal-sided triangle represents equality; the rays recall the first eight provinces that sought independence from Spain, while the stars represent the three major geographical divisions of the country: Luzon, Visayas, and Mindanao; the design of the flag dates to 1897
note: in wartime the flag is flown upside down with the red band at the top
National symbol(s):
three stars and sun, Philippine eagle; national colors: red, white, blue, yellow
National anthem:
name:\"Lupang Hinirang\" (Chosen Land)
lyrics/music:Jose PALMA (revised by Felipe PADILLA de Leon)/Julian FELIPE
note: music adopted 1898, original Spanish lyrics adopted 1899, Filipino (Tagalog) lyrics adopted 1956; although the original lyrics were written in Spanish, later English and Filipino versions were created; today, only the Filipino version is used
Economy - overview:
The economy has been relatively resilient to global economic shocks due to less exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from about 10 million overseas Filipino workers and migrants, and a rapidly expanding services industry. During 2017, the current account balance fell into the negative range, the first time since the 2008 global financial crisis, in part due to an ambitious new infrastructure spending program announced this year. However, international reserves remain at comfortable levels and the banking system is stable.
Efforts to improve tax administration and expenditures management have helped ease the Philippines' debt burden and tight fiscal situation. The Philippines received investment-grade credit ratings on its sovereign debt under the former AQUINO administration and has had little difficulty financing its budget deficits. However, weak absorptive capacity and implementation bottlenecks have prevented the government from maximizing its expenditure plans. Although it has improved, the low tax-to-GDP ratio remains a constraint to supporting increasingly higher spending levels and sustaining high and inclusive growth over the longer term.
Economic growth has accelerated, averaging over 6% per year from 2011 to 2017, compared with 4.5% under the MACAPAGAL-ARROYO government; and competitiveness rankings have improved. Although 2017 saw a new record year for net foreign direct investment inflows, FDI to the Philippines has continued to lag regional peers, in part because the Philippine constitution and other laws limit foreign investment and restrict foreign ownership in important activities/sectors - such as land ownership and public utilities.
Although the economy grew at a rapid pace under the AQUINO government, challenges to achieving more inclusive growth remain. Wealth is concentrated in the hands of the rich. The unemployment rate declined from 7.3% to 5.7% between 2010 and 2017; while there has been some improvement, underemployment remains high at around 17% to 18% of the employed population. At least 40% of the employed work in the informal sector. Poverty afflicts more than a fifth of the total population but is as high as 75% in some areas of the southern Philippines. More than 60% of the poor reside in rural areas, where the incidence of poverty (about 30%) is more severe - a challenge to raising rural farm and non-farm incomes. Continued efforts are needed to improve governance, the judicial system, the regulatory environment, the infrastructure, and the overall ease of doing business.
2016 saw the election of President Rodrigo DUTERTE, who has pledged to make inclusive growth and poverty reduction his top priority. DUTERTE believes that illegal drug use, crime and corruption are key barriers to economic development. The administration wants to reduce the poverty rate to 17% and graduate the economy to upper-middle income status by the end of President DUTERTE’s term in 2022. Key themes under the government’s Ten-Point Socioeconomic Agenda include continuity of macroeconomic policy, tax reform, higher investments in infrastructure and human capital development, and improving competitiveness and the overall ease of doing business. The administration sees infrastructure shortcomings as a key barrier to sustained economic growth and has pledged to spend $165 billion on infrastructure by 2022. Although the final outcome has yet to be seen, the current administration is shepherding legislation for a comprehensive tax reform program to raise revenues for its ambitious infrastructure spending plan and to promote a more equitable and efficient tax system. However, the need to finance rehabilitation and reconstruction efforts in the southern region of Mindanao following the 2017 Marawi City siege may compete with other spending on infrastructure.
GDP (purchasing power parity):
$877.2 billion(2017 est.)
$822.2 billion(2016 est.)
$769.3 billion(2015 est.)
note: data are in 2017 dollars
country comparison to the world:29
GDP (official exchange rate):
$313.6 billion(2017 est.)(2017 est.)
GDP - real growth rate:
6.7%(2017 est.)
6.9%(2016 est.)
6.1%(2015 est.)
country comparison to the world:29
GDP - per capita (PPP):
$8,400(2017 est.)
$8,000(2016 est.)
$7,600(2015 est.)
note: data are in 2017 dollars
country comparison to the world:148
Gross national saving:
24.3% of GDP(2017 est.)
24% of GDP(2016 est.)
23.7% of GDP(2015 est.)
country comparison to the world:67
GDP - composition, by end use:
household consumption:73.5%(2017 est.)
government consumption:11.3%(2017 est.)
investment in fixed capital:25.1%(2017 est.)
investment in inventories:0.1%(2017 est.)
exports of goods and services:31%(2017 est.)
imports of goods and services:-40.9%(2017 est.)
GDP - composition, by sector of origin:
agriculture:9.6%(2017 est.)
industry:30.6%(2017 est.)
services:59.8%(2017 est.)
Agriculture - products:
rice, fish, livestock, poultry, bananas, coconut/copra, corn, sugarcane, mangoes, pineapple, cassava
Industries:
semiconductors and electronics assembly, business process outsourcing, 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, basic metal industries, transport equipment
Industrial production growth rate:
7.2%(2017 est.)
country comparison to the world:30
Labor force:
42.78 million(2017 est.)
country comparison to the world:15
Labor force - by occupation:
agriculture:25.4%
industry:18.3%
services:56.3%(2017 est.)
Unemployment rate:
5.7%(2017 est.)
5.5%(2016 est.)
country comparison to the world:86
Population below poverty line:
Household income or consumption by percentage share:
lowest 10%:29.5%(2015 est.)
highest 10%:29.5%(2015 est.)
Distribution of family income - Gini index:
44.4(2015 est.)
46(2012 est.)
country comparison to the world:45
Budget:
revenues:49.07 billion(2017 est.)
expenditures:56.02 billion(2017 est.)
Taxes and other revenues:
15.6% (of GDP)(2017 est.)
country comparison to the world:188
Budget surplus (+) or deficit (-):
-2.2% (of GDP)(2017 est.)
country comparison to the world:109
Public debt:
39.9% of GDP(2017 est.)
39% of GDP(2016 est.)
country comparison to the world:128
Fiscal year:
Inflation rate (consumer prices):
2.9%(2017 est.)
1.3%(2016 est.)
country comparison to the world:131
Central bank discount rate:
3.56%(31 December 2017)
3.56%(31 December 2016)
country comparison to the world:101
Commercial bank prime lending rate:
5.63%(31 December 2017 est.)
5.64%(31 December 2016 est.)
country comparison to the world:130
Stock of narrow money:
$71.13 billion(31 December 2017 est.)
$61.62 billion(31 December 2016 est.)
country comparison to the world:47
Stock of broad money:
$71.13 billion(31 December 2017 est.)
$61.62 billion(31 December 2016 est.)
country comparison to the world:47
Stock of domestic credit:
$209.8 billion(31 December 2017 est.)
$184.6 billion(31 December 2016 est.)
country comparison to the world:45
Market value of publicly traded shares:
$352.2 billion(31 December 2017 est.)
$290.4 billion(31 December 2017 est.)
$286.1 billion(31 December 2015 est.)
country comparison to the world:29
Current account balance:
-$2.518 billion(2017 est.)
-$1.199 billion(2016 est.)
country comparison to the world:173
Exports:
$48.2 billion(2017 est.)
$57.41 billion(2016 est.)
country comparison to the world:52
Exports - partners:
Japan 16.4%, US 14.6%, Hong Kong 13.7%, China 11%, Singapore 6.1%, Thailand 4.3%, Germany 4.1%, South Korea 4%(2017)
Exports - commodities:
semiconductors and electronic products, machinery and transport equipment, wood manufactures, chemicals, processed food and beverages, garments, coconut oil, copper concentrates, seafood, bananas/fruits
Imports:
$89.39 billion(2017 est.)
$78.28 billion(2016 est.)
country comparison to the world:39
Imports - commodities:
electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic
Imports - partners:
China 18.1%, Japan 11.4%, South Korea 8.8%, US 7.4%, Thailand 7.1%, Indonesia 6.7%, Singapore 5.9%(2017)
Reserves of foreign exchange and gold:
$81.57 billion(31 December 2017 est.)
$80.69 billion(31 December 2016 est.)
country comparison to the world:29
Debt - external:
$76.18 billion(31 December 2017 est.)
$74.76 billion(31 December 2016 est.)
country comparison to the world:57
Stock of direct foreign investment - at home:
$78.79 billion(31 December 2017 est.)
$64.51 billion(31 December 2016 est.)
country comparison to the world:50
Stock of direct foreign investment - abroad:
$47.82 billion(31 December 2017 est.)
$43.89 billion(31 December 2016 est.)
country comparison to the world:44
Exchange rates:
Philippine pesos (PHP) per US dollar -
50.4(2017 est.)
47.493(2016 est.)
47.493(2015 est.)
45.503(2014 est.)
44.395(2013 est.)
Electricity access:
population without electricity:20.6 million(2013)
electrification - total population:88%(2013)
electrification - urban areas:94%(2013)
electrification - rural areas:82%(2013)
Electricity - production:
86.59 billion kWh(2016 est.)
country comparison to the world:36
Electricity - consumption:
78.3 billion kWh(2016 est.)
country comparison to the world:37
Electricity - exports:
0 kWh(2017 est.)
country comparison to the world:184
Electricity - imports:
0 kWh(2016 est.)
country comparison to the world:186
Electricity - installed generating capacity:
22.13 million kW(2016 est.)
country comparison to the world:39
Electricity - from fossil fuels:
67% of total installed capacity(2016 est.)
country comparison to the world:116
Electricity - from nuclear fuels:
0% of total installed capacity(2017 est.)
country comparison to the world:165
Electricity - from hydroelectric plants:
17% of total installed capacity(2017 est.)
country comparison to the world:97
Electricity - from other renewable sources:
16% of total installed capacity(2017 est.)
country comparison to the world:54
Crude oil - production:
15,000 bbl/day(2017 est.)
country comparison to the world:71
Crude oil - exports:
16,450 bbl/day(2015 est.)
country comparison to the world:52
Crude oil - imports:
211,400 bbl/day(2015 est.)
country comparison to the world:30
Crude oil - proved reserves:
138.5 million bbl(1 January 2018 est.)
country comparison to the world:64
Refined petroleum products - production:
215,500 bbl/day(2015 est.)
country comparison to the world:50
Refined petroleum products - consumption:
424,000 bbl/day(2016 est.)
country comparison to the world:36
Refined petroleum products - exports:
26,710 bbl/day(2015 est.)
country comparison to the world:65
Refined petroleum products - imports:
211,400 bbl/day(2015 est.)
country comparison to the world:33
Natural gas - production:
3.058 billion cu m(2017 est.)
country comparison to the world:58
Natural gas - consumption:
3.143 billion cu m(2017 est.)
country comparison to the world:72
Natural gas - exports:
0 cu m(2017 est.)
country comparison to the world:168
Natural gas - imports:
0 cu m(2017 est.)
country comparison to the world:175
Natural gas - proved reserves:
98.54 billion cu m(1 January 2018 est.)
country comparison to the world:51
Carbon dioxide emissions from consumption of energy:
117.2 million Mt(2017 est.)
country comparison to the world:38
Telephones - fixed lines:
total subscriptions:4,163,282(2017 est.)
subscriptions per 100 inhabitants:4(2017 est.)
country comparison to the world:34
Telephones - mobile cellular:
total subscriptions:115,824,982(2017 est.)
subscriptions per 100 inhabitants:111(2017 est.)
country comparison to the world:13
Telephone system:
general assessment:good international radiotelephone and submarine cable services; domestic and interisland service adequate(2016)
domestic:telecommunications infrastructure includes the following platforms: fixed line, mobile cellular, cable TV, over-the-air TV, radio and Very Small Aperture Terminal (VSAT), fiber-optic cable, and satellite for redundant international connectivity(2016)
international:country code - 63; a series of submarine cables together provide connectivity to the US, and to countries like Hong Kong, Guam, Singapore, Taiwan, Japan, Brunei, and Malaysia, among others; multiple international gateways(2016)
Broadcast media:
Internet country code:
Internet users:
total:56,956,436(July 2016 est.)
percent of population:55.5%(July 2016 est.)
country comparison to the world:12
Broadband - fixed subscriptions:
total:3,399,291(2017 est.)
subscriptions per 100 inhabitants:3(2017 est.)
country comparison to the world:35
National air transport system:
number of registered air carriers:11(2015)
inventory of registered aircraft operated by air carriers:158(2015)
annual passenger traffic on registered air carriers:32,230,986(2015)
annual freight traffic on registered air carriers:484,190,968mt-km(2015)
Civil aircraft registration country code prefix:
Airports:
247(2013)
country comparison to the world:24
Airports - with paved runways:
total:89(2017)
over 3,047 m:4(2017)
2,438 to 3,047 m:8(2017)
1,524 to 2,437 m:33(2017)
914 to 1,523 m:34(2017)
under 914 m:10(2017)
Airports - with unpaved runways:
total:158(2013)
1,524 to 2,437 m:3(2013)
914 to 1,523 m:56(2013)
under 914 m:99(2013)
Heliports:
Pipelines:
530 km gas, 138 km oil (non-operational), 185 km refined products(2017)
Railways:
total:77 km(2017)
standard gauge:49 km1.435-m guage(2017)
narrow gauge:28 km1.067-m gauge(2017)
country comparison to the world:129
Roadways:
total:216,387 km(2014)
paved:61,093 km(2014)
unpaved:155,294 km(2014)
country comparison to the world:24
Waterways:
3,219 km(limited to vessels with draft less than 1.5 m)(2011)
country comparison to the world:30
Merchant marine:
total:1,508(2017)
by type:bulk carrier 64, container ship 33, general cargo 627, oil tanker 184, other 600(2017)
country comparison to the world:18
Ports and terminals:
major seaport(s):Batangas, Cagayan de Oro, Cebu, Davao, Liman, Manila
container port(s) (TEUs):Manila (4,523,339)(2016)