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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.
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A comparative graph of Revenue and Tax Effort from 2001 to 2010 [3] A comparative graph of Tax and Non-Tax Revenue contribution from 2001 to 2010 [4]. The Philippine government generates revenues mainly through personal and income tax collection, but a small portion of non-tax revenue is also collected through fees and licenses, privatization proceeds and income from other government ...
Historically documented states/polities (north to south) Pangasinan (historical polity) Caboloan; Cainta; Tondo; Namayan; Maynila; Kumintang; Ibalon; Ma-i; Pulilu
Political stability and economic improvements, such as the peace agreement with the Moro National Liberation Front in 1996, [12] were overshadowed by the onset of the 1997 Asian financial crisis. [13] [14] Ramos' successor, Joseph Estrada assumed office in June 1998 and under his presidency the economy recovered from −0.6% growth to 3.4% by 1999.
This is a documentation subpage for Template:History of the Philippines/sandbox. It may contain usage information, categories and other content that is not part of the original template page. Usage
January 15 – As a result of the implementation of Republic Act 9511 one month earlier on December 1, 2008, privately-owned National Grid Corporation of the Philippines (NGCP) took over the Philippine power grid from government-owned National Transmission Corporation (TransCo) which officially started NGCP to operate, manage, and maintain the ...