Charting Philippines – Charting Economy

Pages

60 pages

Published

March 2021

Update frequency

Quarterly

Format

PDF, Horizontal, Screen friendly

Key Questions


Begin With Questions, Not Information

As part of the country’s economic profile, the economic structure section gives readers useful views to understand what matters to the Philippines economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Philippines economy?
  • What is the size of the Philippines’ population?
  • What is the demographic structure of the Philippines? Is it favorable for economic growth?
  • How has the structure of GDP changed over the years?
  • How much does the Philippines economy rely on external trade?
  • Where are the key economic regions in the Philippines?
  • Economic Freedom Index: How free is the Philippines economy?

Part of the country’s economic profile, this section explores the Philippines’ competitiveness at the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • How competitive is the Philippines?
  • How are the Philippines’ competitive factors compared to those of other countries?
  • How is the minimum wage in the Philippines compared to others in the region?
  • How has labor productivity in the Philippines changed over the years, and in relation to comparable countries?
  • Is it easy to do business in the Philippines?
  • How good is the Philippines in attracting Foreign Direct Investment?

As part of the country’s economic profile, this section explores the Philippines’ economic development, average income, and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in the Philippines?
  • What is the poverty rate in the Philippines, and how does it compare to others?
  • How has the unemployment rate in the Philippines changed over recent years?
  • How is income distributed in the Philippines, and how does it compare to others?
  • What is the current level of human development in the Philippines?
  • How has the quality of life changed over the years?
  • How many SDG has the Philippines achieved to date?

As part of the country’s economic outlook, this section explores the Philippines’ recent economic growth, its key drivers as well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of the Philippines economy over the past ten years, and how does it compare with others?
  • What were the key growth drivers for the Philippines economy in the last year?
  • How much does each sector contribute to the overall growth?
  • What is the GDP growth rate in the latest quarter?
  • What are the latest signals from the leading indicators?
  • What is the growth outlook for the Philippines economy, and how does it compare with others?

As part of the country’s economic outlook, this section explores the Philippines’ macro-economic risks, including inflation, financial sector, budget deficit as well as the balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What have been the government measures against the Covid-19 crisis?
  • What is the risk of inflation over the next 12 months?
  • What is the latest move on the Philippines’ monetary policy?
  • What is the health of the Philippines’ banking sector?
  • What has been the trend in the Philippines’ fiscal budget deficit?
  • Balance of Payment: Where are the key risks?
  • Does the Philippines have enough international reserves to service its debt and for import?
  • What is the FX risk? How has the currency performed compared to others?

From IMF’s World Economic Outlook Report

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Detailed rankings and scores for the Philippines and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency

 

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