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Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
Air pollution causes significant health and economic problems in the Philippines. [21] An estimated 66,000 deaths annually have been directly linked to air pollution. [22] The Department of Environment and Natural Resources is tasked with implementing the Clean Air Act of 1999 to monitor and prevent air pollution in the country. [23]
Because of this growth, the Western Visayas economy increased its contribution to the gross domestic product in 2009 to 7.6 percent from the 7.3 percent in 2008. [49] In Central Visayas, the long-term goal is for it to be the leading growth center in the country, that would steer the Philippine economy into greater heights.
In the Philippines, residents of slum areas are commonly referred to as "squatters" and have historically been subject to relocation or forced demolition. With a steadily growing metropolitan area, Metro Manila is subject to a densifying population of slum dwellers—a 2014 article states that Manila has an estimated 4 million people living in ...
As of September 2020, the Philippines has a population of nearly 110 million and a population density of 368 per square kilometer. 32% of the population of the Philippines is under 15 years old, and only 22.2% is over 60. In the Philippines, 16.6% of the population lived below the national poverty line in 2018. [8] [9]
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 .
These galleries collectively narrate the evolution of the Philippine economy, highlighting significant industries and historical developments. [6] The ground level features exhibits on the history of the building itself, Iloilo's role as an economic center, and an overview of the country's economic history.
Filemon C. Rodriguez, one of the leading economic planner of the post-war Philippines, had warned that first, it is best to utilize this time to improve our economic position before in any eventuality, Japan could regain its footing and become a force once again, and second, should the Philippines miss this golden opportunity, we would still be ...