GDP: purchasing power parity - $282 billion (1999 est.)
GDP - real growth rate: 2.9% (1999 est.)
GDP - per capita: purchasing power parity - $3,600 (1999 est.)
GDP - composition by sector:
agriculture:
20%
industry:
32%
services:
48% (1997 est.)
Population below poverty line: 32% (1997 est.)
Household income or consumption by percentage share:
lowest 10%:
2.4%
highest 10%:
33.5% (1994)
Inflation rate (consumer prices): 6.8% (1999)
Labor force: 32 million (1999 est.)
Labor force - by occupation: agriculture 39.8%, government and social services 19.4%, services 17.7%, manufacturing 9.8%, construction 5.8%, other 7.5% (1998 est.)
Unemployment rate: 9.6% (October 1998)
Budget:
revenues:
$14.5 billion
expenditures:
$12.6 billion, including capital expenditures of $NA (1998 est.)
Industries: textiles, pharmaceuticals, chemicals, wood products, food processing, electronics assembly, petroleum refining, fishing
Industrial production growth rate: 1.7% (1999 est.)
Electricity - production: 39.623 billion kWh (1998)
Electricity - production by source:
fossil fuel:
70.12%
hydro:
10.75%
nuclear:
0%
other:
19.13% (1998)
Electricity - consumption: 36.849 billion kWh (1998)
Electricity - exports: 0 kWh (1998)
Electricity - imports: 0 kWh (1998)
Agriculture - products: rice, coconuts, corn, sugarcane, bananas, pineapples, mangoes; pork, eggs, beef; fish
Exports: $34.8 billion (f.o.b., 1999 est.)
Exports - commodities: electronic equipment, machinery and transport equipment, garments, coconut products
Exports - partners: US 34%, EU 20%, Japan 14%, Netherlands 8%, Singapore 6%, UK 6%, Hong Kong 4% (1998)
Imports: $30.7 billion (f.o.b., 1999 est.)
Imports - commodities: raw materials and intermediate goods, capital goods, consumer goods, fuels
Imports - partners: US 22%, Japan 20%, South Korea 8%, Singapore 6%, Taiwan 5%, Hong Kong 4% (1998 est.)
Debt - external: $51.9 billion (1999)
Economic aid - recipient: ODA, $1.1 billion (1998)
Currency: 1 Philippine peso (P) = 100 centavos
Exchange rates: Philippine pesos (P) per US$1 - 40.427 (January 2000), 39.089 (1999), 40.893 (1998), 29.471 (1997), 26.216 (1996), 25.714 (1995)
Fiscal year: calendar year