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The Philippine economy has been growing steadily over decades and the International Monetary Fund in 2014 reported it as the 39th largest economy in the world. The Philippines posted a high GDP growth rate of 7.6 percent in 2022. [36] However, the country is not a part of the Group of 20 nations; instead, it is grouped in a second tier for ...
2022 GDP (million PHP) 2022 GDP (million USD, nominal) 2022 GDP (million USD, PPP) % of regional GDP 1 Davao City: 495,310 8,940.68 NA 51.9% of Davao Region: 2 Cebu City: 288,640 5,210.15 NA NA Central Visayas: 3 Cagayan de Oro: 261,780 4,725.30 NA 28% of Northern Mindanao: 4 Baguio: 155,030 2,798.40 NA 45.9% of Cordillera Administrative Region ...
The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident.
"Our economy is doing relatively well," he told a media briefing, saying the second-quarter performance was still in line with this year's target for growth in full-year GDP of 6.5% to 7.5%.
Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN: 690.484
The Philippine Statistics Authority (Filipino: Pangasiwaan ng Estadistika ng Pilipinas; PSA) is the central statistical authority of the Philippine government that collects, compiles, analyzes, and publishes statistical information on economic, social, demographic, political affairs, and general affairs of the people of the Philippines, as well as enforcing the civil registration functions in ...
To make the numbers comparable across countries of different size, government debt is measured as a percentage of a country's gross domestic product (GDP). For context on the magnitude of the debt numbers, European Union member countries have an agreement, the Stability and Growth Pact (SGP), to maintain a general government gross debt of no ...
The Philippines formally adopted Inflation Targeting as the framework for Monetary Policy in January 2002. The Philippines’ inflation target is measured through the Consumer Price Index (CPI). For 2009, inflation target has been set to be 3.5 percent, having a 1% tolerance level, and 4.5 percent for 2010, also having 1% tolerance.