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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
May 12 – The Philippine general election will be held. Voters will elect new members of the House of Representatives as well as 12 members of the Senate. [19] [20]June – The academic year (2025–2026) is being planned by the Department of Education to begin, as part of their efforts to revert to the old school calendar.
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize ...
Wall Street’s 2025 U.S. economic outlook. Below is a sampling of what Wall Street is saying about the economy in 2025. Nora Carol Photography via Getty Images. BofA (Dec. 2): "We expect stable ...
The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation. [1]
Economic Outlook is a twice-yearly analysis (available for online viewing, download, and in print) published by the Organisation for Economic Co-operation and Development (OECD) with economic analysis and forecasts for future economic performance of OECD countries. [1] [2] The main version is in English, and it is also published in French and ...
Agriculture in the Philippines is a major sector of the economy, ranking third among the sectors in 2022 behind only Services and Industry. Its outputs include staples like rice and corn, but also export crops such as coffee , cavendish banana , pineapple and pineapple products, coconut , sugar , and mango . [ 1 ]