Philippines: Cash remittances record largest fall on record in April. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Philippines GDP (Gross Domestic Product) was INT$897.17billion for 2019 in PPP terms. July 17, 2020.

Philippines - GNI per capita GNI per capita, Atlas method (current US$) The latest value for GNI per capita, Atlas method (current US$) in Philippines was 3,830.00 as of 2018. "Among the major Asian emerging economies, the Philippines likely remains the fastest or second fastest-growing economy in the second quarter of 2016, followed by China, which grew by 6.7%, Vietnam by 5.6%, Indonesia by 5.2%, Malaysia by 4.0%, and Thailand by 3.5%," Pernia said.Data for India, he added, is not yet available but some forecasts put it above 7%.Pernia also said the latest figures give government confidence that it would be able to hit the official government target of 7-8% for the entire year of 2016.The high growth recorded for the second quarter of 2016 was driven mainly by the industry and services sectors.The services sector hit 8.4% growth, on the back of faster growth in trade, transport, communication, public administration, and real estate, renting and business activities.The industry sector, meanwhile, recorded a growth of 6.9% compared to the 6.1% growth in the previous year, supported by manufacturing, construction, and utilities.Foreign direct investment has also been good this year, already standing at almost $4 billion as of May, which is more than double the level seen in 2015 from the same time last year.The Director General of the National Economic and Development Authority (NEDA) however lamented the continued dismal performance of the agriculture sector, which was at -2.1% in the second quarter due to El Niño.The government is "concerned" about the decline of agriculture in the last 5 straight quarters and the threat of La Niña, which is likely to intensify between August and November of this year.Public spending remained strong in the second quarter driven by the boom in public construction and government consumption, which grew by 27.8% and 13.5%, respectively.Private consumption also grew stronger in comparison to the previous quarter, benefiting from election spending which intensified in the final months to the elections in May.
Philippines Economic News.

Philippines gnp for 2019 was $415.75B, a 5.18% increase from 2018. Nominal (current) Gross Domestic Product (GDP) of the Philippines is $313,595,208,737 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of the Philippines reached $303,355,852,257 in 2017.; GDP Growth Rate in 2017 was 6.68%, representing a change of 19,007,326,943 US$ over 2016, when Real GDP was $284,348,525,314. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison.

GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Data are in current U.S. dollars. From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. "While it is normal to see a slowdown in the second semester during election years, and it could possibly be 1.5 to 2.0 percentage points lower than in the first half, the smooth transition of power and assurance of macroeconomic policy consistency and continuity by the new administration will likely keep business and consumer confidence strong to meet the full-year target," he said. Over the past 56 years, the value for this indicator has fluctuated between $408,840,000,000 in 2018 and $5,119,025,000 in 1964. World Bank national accounts data, and OECD National Accounts data files. Philippines gnp for 2017 was $371.43B, a 3.78% increase from 2016.

Philippines gnp for was $0.00B, a 100% decline from 2019. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. We have provided a few examples below that you can copy and paste to your site:Your data export is now complete. Philippines - GNI GNI, Atlas method (current US$) The latest value for GNI, Atlas method (current US$) in Philippines was $408,840,000,000 as of 2018. GDP growth (annual %) - Philippines. Please check your download folder. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Philippines gnp for 2018 was $395.27B, a 6.42% increase from 2017.

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