World Economic Outlook Database, April 2010

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5. Report for Selected Countries and Subjects

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorSubject NotesUnitsScaleCountry/Series-specific Notes198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015
PhilippinesGross domestic product, constant pricesReal GDP is expressed in billions of national currency units; the base year is country-specific.National currencyBillionsDefinition: Gross domestic product at constant market prices
Source: CEIC
Latest actual data: 2009
Base Year: 1985
Use of chain weighted prices indices: No
Primary domestic currency:  Philippine pesos
Data last updated: 04/2010609.768630.642653.467665.717616.962571.883591.423616.923658.581699.448720.690716.522718.941734.156766.368802.224849.121893.151888.000918.160972.960990.0421,034.0931,085.0711,154.2961,211.4521,276.1561,366.4931,418.9521,431.9771,483.8801,542.5221,604.2221,668.3911,735.1271,804.532
United StatesGross domestic product, constant pricesReal GDP is expressed in billions of national currency units; the base year is country-specific.National currencyBillionsDefinition: Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Source: Haver analytics
Latest actual data: 2009
Base Year: 2005
Use of chain weighted prices indices: Yes. From 1980.
Primary domestic currency:  U.S. dollars
Data last updated: 04/20105,839.0005,987.2005,870.9506,136.1756,577.1256,849.2507,086.5507,313.2757,613.9007,885.9258,033.9258,015.1258,287.0758,523.4508,870.6759,093.7509,433.9259,854.35010,283.52510,779.85011,225.97511,347.17511,552.97511,840.70012,263.80012,638.37512,976.25013,254.05013,312.17512,987.35013,390.07413,731.56014,060.91114,412.98714,757.91915,110.612
PhilippinesGross domestic product, constant pricesAnnual percentages of constant price GDP are year-on-year changes;  the base year is country-specific.Percent change See notes for: 
Gross domestic product, constant prices (National currency).5.1493.4233.6191.875-7.324-7.3073.4174.3126.7536.2053.037-0.5780.3382.1164.3884.6795.8465.185-0.5773.3965.9681.7564.4494.9306.3804.9525.3417.0793.8390.9183.6253.9524.0004.0004.0004.000
United StatesGross domestic product, constant pricesAnnual percentages of constant price GDP are year-on-year changes;  the base year is country-specific.Percent change See notes for: 
Gross domestic product, constant prices (National currency).-0.2742.538-1.9424.5187.1864.1373.4653.1994.1113.5731.877-0.2343.3932.8524.0742.5153.7414.4574.3554.8264.1391.0801.8142.4903.5733.0542.6732.1410.439-2.4403.1012.5502.3982.5042.3932.390
PhilippinesGross domestic product, current pricesGDP is expressed in billions of national currency units.National currencyBillionsDefinition: Gross domestic product at market prices
Source: CEIC
Latest actual data: 2009
Primary domestic currency:  Philippine pesos
Data last updated: 04/2010243.749281.596317.177369.077524.481571.883608.887682.764799.182925.4441,074.5101,245.4271,351.5591,474.4571,692.9321,905.9512,171.9222,426.7432,665.0602,976.9053,354.7273,631.4743,963.8724,316.4024,871.5545,444.0386,031.1646,647.3387,423.2137,669.1438,340.8239,017.6939,753.53710,549.42511,410.25812,341.336
United StatesGross domestic product, current pricesGDP is expressed in billions of national currency units.National currencyBillionsDefinition: Gross domestic product at market prices
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/20102,788.1503,126.8503,253.1753,534.6003,930.9254,217.4754,460.0504,736.3505,100.4255,482.1255,800.5255,992.1006,342.3006,667.3257,085.1507,414.6257,838.4758,332.3508,793.4759,353.5009,951.47510,286.17510,642.30011,142.17511,867.75012,638.37513,398.92514,077.65014,441.42514,256.27514,799.56415,397.16116,048.20216,761.26217,490.33918,249.564
PhilippinesGross domestic product, current pricesValues are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.U.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).32.45035.64737.14033.21231.40830.73429.86833.19637.88542.64744.16445.32152.98254.36864.08475.52584.37183.73666.59676.15775.91271.21676.81479.63486.93098.829117.534144.043167.479160.991181.508198.943210.958223.698237.207251.533
United StatesGross domestic product, current pricesValues are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.U.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).2,788.1503,126.8503,253.1753,534.6003,930.9254,217.4754,460.0504,736.3505,100.4255,482.1255,800.5255,992.1006,342.3006,667.3257,085.1507,414.6257,838.4758,332.3508,793.4759,353.5009,951.47510,286.17510,642.30011,142.17511,867.75012,638.37513,398.92514,077.65014,441.42514,256.27514,799.56415,397.16116,048.20216,761.26217,490.33918,249.564
PhilippinesGross domestic product, deflatorThe GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. 

Please note: 

Data are expressed in the base year of each country's national accounts.Index See notes for: 
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).39.97444.65248.53855.44185.010100.000102.953110.672121.349132.311149.095173.816187.993200.837220.903237.583255.785271.706300.119324.225344.796366.800383.319397.799422.037449.381472.604486.453523.148535.563562.095584.607607.992632.311657.604683.908
United StatesGross domestic product, deflatorThe GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. 

Please note: 

Data are expressed in the base year of each country's national accounts.Index See notes for: 
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).47.75052.22655.41157.60359.76761.57662.93764.76466.98869.51872.20074.76076.53278.22379.87281.53583.08884.55585.51086.76888.64790.65092.11794.10196.771100.000103.257106.214108.483109.770110.526112.130114.133116.293118.515120.773
PhilippinesGross domestic product per capita, constant pricesGDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.National currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).12,619.37112,729.95512,868.59012,787.49411,564.42310,460.63710,561.12510,747.78711,219.43811,638.07011,718.53711,373.36511,163.68011,140.45511,351.32011,737.08712,138.65812,482.92812,139.80512,283.76712,644.63012,601.06812,891.16313,252.33913,814.19314,208.74714,673.09715,404.68615,686.44215,526.72415,783.74316,095.69616,411.29816,733.08817,061.18817,395.721
United StatesGross domestic product per capita, constant pricesGDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.National currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).25,652.18726,040.85325,291.88326,195.37527,832.93828,728.20829,454.55530,126.68331,081.26631,889.90732,129.60631,631.34732,273.41132,764.04933,687.22734,128.24734,994.81336,120.06037,256.13438,610.48139,766.69339,784.50840,111.85040,727.01241,800.53642,680.64343,409.00443,901.65943,686.86842,252.63243,158.75343,840.82444,467.75545,150.09545,793.38346,444.316
PhilippinesGross domestic product per capita, current pricesGDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.National currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).5,044.4745,684.2156,246.1017,089.4549,830.94710,460.63710,872.98311,894.84213,614.68515,398.40317,471.70719,768.68320,986.94022,374.15725,075.43727,885.36931,048.83633,916.83836,433.90539,827.05443,598.17546,220.71849,414.24052,717.67558,300.97963,851.44469,345.64374,936.48282,063.26683,155.43388,719.70394,096.60999,779.306105,805.194112,194.998118,970.696
United StatesGross domestic product per capita, current pricesGDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.National currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).12,249.04013,599.98714,014.58415,089.23316,634.80517,689.60118,537.76419,511.16520,820.82322,169.17623,197.70023,647.56624,699.62625,629.12526,906.52727,826.60129,076.54730,541.33331,857.83933,501.68435,251.92736,064.52036,949.99338,324.38140,450.62042,680.64344,822.96446,629.68647,392.75346,380.91247,701.80649,158.59650,752.58052,506.29754,272.00056,092.269
PhilippinesGross domestic product per capita, current pricesGDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.U.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).671.573719.553731.393637.959588.725562.178533.364578.327645.409709.604718.114719.384822.695825.012949.2091,104.9851,206.1361,170.318910.4361,018.882986.557906.419957.574972.5911,040.3471,159.1341,351.3911,623.8161,851.4711,745.5981,930.6622,075.9052,158.1112,243.5722,332.4182,424.782
United StatesGross domestic product per capita, current pricesGDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.U.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).12,249.04013,599.98714,014.58415,089.23316,634.80517,689.60118,537.76419,511.16520,820.82322,169.17623,197.70023,647.56624,699.62625,629.12526,906.52727,826.60129,076.54730,541.33331,857.83933,501.68435,251.92736,064.52036,949.99338,324.38140,450.62042,680.64344,822.96446,629.68647,392.75346,380.91247,701.80649,158.59650,752.58052,506.29754,272.00056,092.269
PhilippinesOutput gap in percent of potential GDPOutput gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. For a discussion of approaches to calculating potential output, see Paula R. De Masi,  IMF Estimates of Potential Output: Theory and Practice,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1997), pp. 40-46.Percent of potential GDP                                      
United StatesOutput gap in percent of potential GDPOutput gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. For a discussion of approaches to calculating potential output, see Paula R. De Masi,  IMF Estimates of Potential Output: Theory and Practice,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1997), pp. 40-46.Percent of potential GDP See notes for: 
Gross domestic product, constant prices (National currency).-2.319-2.414-6.898-5.504-1.813-0.921-0.606-0.5100.5261.1470.202-2.737-2.087-2.061-0.929-1.309-0.912-0.187-0.1670.1280.654-1.107-1.713-1.3640.0990.9861.4631.5680.109-3.764-1.974-0.987-0.567-0.270-0.1350.007
PhilippinesGross domestic product based on purchasing-power-parity (PPP) valuation of country GDPThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Current international dollarBillionsSee notes for: 
Gross domestic product, current prices (National currency).60.27568.18174.95879.38376.33372.89877.05582.71091.328100.658107.717110.891113.903118.884126.715135.406146.051156.337157.191164.921178.548185.788197.196211.372230.936250.240272.191299.805317.964324.692338.778357.274378.205400.775424.770450.179
United StatesGross domestic product based on purchasing-power-parity (PPP) valuation of country GDPThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Current international dollarBillionsSee notes for: 
Gross domestic product, current prices (National currency).2,788.1503,126.8503,253.1753,534.6003,930.9254,217.4754,460.0504,736.3505,100.4255,482.1255,800.5255,992.1006,342.3006,667.3257,085.1507,414.6257,838.4758,332.3508,793.4759,353.5009,951.47510,286.17510,642.30011,142.17511,867.75012,638.37513,398.92514,077.65014,441.42514,256.27514,799.56415,397.16116,048.20216,761.26217,490.33918,249.564
PhilippinesGross domestic product based on purchasing-power-parity (PPP) per capita GDPThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Current international dollarUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).1,247.4201,376.2821,476.1391,524.8431,430.8031,333.4141,375.9811,440.9481,555.8491,674.8451,751.5001,760.1711,768.6841,803.9991,876.8781,981.0882,087.8882,185.0092,148.9562,206.4312,320.4212,364.6712,458.2782,581.5612,763.7572,934.9833,129.6263,379.7473,515.0813,520.5883,603.5103,728.0383,869.0624,019.5614,176.6904,339.730
United StatesGross domestic product based on purchasing-power-parity (PPP) per capita GDPThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Current international dollarUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).12,249.04013,599.98714,014.58415,089.23316,634.80517,689.60118,537.76419,511.16520,820.82322,169.17623,197.70023,647.56624,699.62625,629.12526,906.52727,826.60129,076.54730,541.33331,857.83933,501.68435,251.92736,064.52036,949.99338,324.38140,450.62042,680.64344,822.96446,629.68647,392.75346,380.91247,701.80649,158.59650,752.58052,506.29754,272.00056,092.269
PhilippinesGross domestic product based on purchasing-power-parity (PPP) share of world totalThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Percent See notes for: 
Gross domestic product, current prices (National currency).0.4860.4920.5060.5010.4440.3970.3970.4000.4090.4190.4200.4130.4070.4080.4130.4190.4280.4330.4200.4190.4240.4220.4290.4350.4400.4430.4450.4530.4580.4680.4680.4670.4670.4670.4670.466
United StatesGross domestic product based on purchasing-power-parity (PPP) share of world totalThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.Percent See notes for: 
Gross domestic product, current prices (National currency).22.49922.57621.96622.32922.87422.97022.98922.90122.84122.82722.62322.29922.65722.88923.10422.96122.98023.09023.49123.78623.63723.37723.15022.92122.61922.38521.89321.28920.78120.45520.15019.87919.53719.15718.72018.281
PhilippinesImplied PPP conversion rateThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.National currency per current international dollar See notes for: 
Gross domestic product, current prices (National currency).4.0444.1304.2314.6496.8717.8457.9028.2558.7519.1949.97511.23111.86612.40313.36014.07614.87115.52316.95418.05018.78919.54620.10120.42121.09521.75522.15822.17223.34623.62024.62025.24025.78926.32326.86227.414
United StatesImplied PPP conversion rateThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 

Please note: 

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. 
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas,  Purchasing Power Parity Based Weights for the World Economic Outlook,  in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.National currency per current international dollar See notes for: 
Gross domestic product, current prices (National currency).1.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.000
PhilippinesInvestmentData are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investmentPercent of GDP                                      
United StatesInvestmentData are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investmentPercent of GDP Definition: Gross capital formation at market prices
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/201020.78421.72519.35219.44122.25921.22020.62220.46519.75719.56618.56217.07517.15317.59018.60518.56618.93819.69520.17020.62220.86719.28818.70318.71719.72520.28920.54119.53518.22815.02915.73516.906n/an/an/an/a
PhilippinesGross national savingsData are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investmentPercent of GDP                                      
United StatesGross national savingsData are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investmentPercent of GDP Definition: Gross national saving
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/201019.46520.66219.10417.04219.16517.50715.90416.51617.67516.85815.82015.87614.69914.37515.45016.44117.15118.31018.81418.26118.09016.48514.66713.93614.52815.06016.22814.49312.63110.75912.19013.503n/an/an/an/a
PhilippinesInflation, average consumer pricesData for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.Index, 2000=100 Definition: Consumer price index annual average
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Primary domestic currency:  Philippine pesos
Data last updated: 04/201012.80014.47415.77416.60224.27929.91629.81930.72634.48338.40343.60251.66456.28760.57066.04271.37977.85682.40990.40596.183100.000106.834110.006113.801120.602129.799137.903141.778154.963159.998167.923174.640181.625188.891196.446204.304
United StatesInflation, average consumer pricesData for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.Index, 2000=100 Definition: Consumer price index annual average
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/201047.84452.80956.06257.83360.35962.48963.70365.98368.68871.97975.88079.07981.48483.90486.08188.49691.09593.22594.66796.743100.000102.817104.457106.858109.708113.401117.050120.410125.004124.599127.260129.470132.050134.886137.816140.781
PhilippinesInflation, average consumer pricesData for inflation are averages for the year, not end-of-period data.Percent change See notes for: 
Inflation, average consumer prices (Index, 2000=100).18.20113.0838.9795.25246.23923.215-0.3253.04212.23011.36713.53718.4928.9477.6099.0358.0809.0745.8489.7036.3913.9686.8342.9693.4505.9767.6266.2442.8109.2993.2494.9534.0004.0004.0004.0004.000
United StatesInflation, average consumer pricesData for inflation are averages for the year, not end-of-period data.Percent change See notes for: 
Inflation, average consumer prices (Index, 2000=100).13.50210.3786.1583.1604.3683.5281.9443.5784.1004.7915.4194.2163.0422.9702.5962.8052.9372.3381.5472.1933.3672.8171.5962.2982.6683.3663.2182.8703.816-0.3242.1351.7371.9932.1482.1722.151
PhilippinesInflation, end of period consumer pricesData for inflation are end of the period, not annual average data. The index is based on 2000=100.Index, 2000=100 Definition: Consumer price index, end of period
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Frequency of source data: Monthly
Latest actual data: 2009
Primary domestic currency:  Philippine pesos
Data last updated: 04/201012.86114.96216.17118.29427.59229.15329.05531.10234.07839.27446.41352.58956.53660.86564.63971.29776.35981.93390.37293.897100.000104.500107.113111.290120.861128.958134.504139.749150.922157.567164.639171.225178.074185.197192.604200.309
United StatesInflation, end of period consumer pricesData for inflation are end of the period, not annual average data. The index is based on 2000=100.Index, 2000=100 Definition: Consumer price index, end of period
Source: Haver analytics
Frequency of source data: Monthly
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/201049.55353.79955.96058.15960.42562.42463.48166.13769.10772.51576.69578.94181.42683.58785.86388.18590.90892.44193.92696.687100.000101.552104.208106.198109.606113.633116.131120.879121.722124.124126.202128.550131.266134.104137.008139.567
PhilippinesInflation, end of period consumer pricesData for inflation are end of the period, not annual average data.Percent change See notes for: 
Inflation, end of period consumer prices (Index, 2000=100).15.42916.3378.08513.12650.8265.656-0.3367.0479.56615.24818.17813.3067.5067.6586.20010.3007.1007.30010.3003.9006.5004.5002.5003.9008.6006.7004.3003.9007.9944.4034.4884.0004.0004.0004.0004.000
United StatesInflation, end of period consumer pricesData for inflation are end of the period, not annual average data.Percent change See notes for: 
Inflation, end of period consumer prices (Index, 2000=100).12.8098.5694.0173.9303.8963.3091.6934.1844.4914.9325.7632.9293.1482.6542.7222.7053.0881.6861.6072.9393.4271.5522.6161.9093.2093.6742.1994.0890.6971.9731.6751.8612.1132.1622.1651.868
PhilippinesSix-month London interbank offered rate (LIBOR) Percent                                      
United StatesSix-month London interbank offered rate (LIBOR) Percent  14.02916.71913.6019.93411.2898.6456.8467.3048.1289.2728.3536.0793.9013.4115.0716.1005.5905.8595.5645.5286.6493.7281.8751.2301.7923.7635.2745.2523.0461.1210.5031.703n/an/an/an/a
PhilippinesUnemployment rate Percent of total labor force                                      
United StatesUnemployment rate Percent of total labor force Definition: Unemployment rate, national definition
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/20107.1757.6179.7089.6007.5087.1927.0006.1755.4925.2585.6176.8507.4926.9086.1005.5925.4084.9424.5004.2173.9674.7425.7835.9925.5425.0834.6084.6085.8179.2759.4128.290n/an/an/an/a
PhilippinesEmployment PersonsMillions                                     
United StatesEmployment PersonsMillionsDefinition: Employment, national definition
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/201099.303100.40099.529100.822105.003107.154109.601112.439114.974117.327118.796117.713118.488120.259123.071124.908126.720129.572131.476133.501136.901136.939136.481137.729139.240141.710144.414146.042145.363139.881140.537144.933n/an/an/an/a
PhilippinesPopulation PersonsMillionsDefinition: Population
Source: CEIC
Latest actual data: 2007
Primary domestic currency:  Philippine pesos
Data last updated: 04/201048.32049.54050.78052.06053.35054.67056.00057.40058.70060.10061.50063.00064.40065.90067.51468.35069.95271.55073.14874.74676.94778.56880.21781.87883.55985.26186.97388.70690.45792.22794.01395.83497.75199.706101.700103.734
United StatesPopulation PersonsMillionsDefinition: Population
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/2010227.622229.916232.128234.247236.307238.416240.593242.751244.968247.286250.047253.392256.777260.146263.325266.458269.581272.822276.022279.195282.296285.216288.019290.733293.389296.115298.930301.903304.718307.374310.252313.214316.205319.224322.272325.349
PhilippinesGeneral government net lending/borrowingNet lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.National currencyBillions                                     
United StatesGeneral government net lending/borrowingNet lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.National currencyBillionsSource: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a-27.714-413.400-544.500-520.400-402.900-272.800-375.300-958.425-1,781.626-1,623.964-1,266.223-946.481-953.955-1,056.551-1,191.290
PhilippinesGeneral government net lending/borrowingNet lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.Percent of GDP                                      
United StatesGeneral government net lending/borrowingNet lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.Percent of GDP See notes for: 
General government net lending/borrowing (National currency).n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a-0.269-3.884-4.887-4.385-3.188-2.036-2.666-6.637-12.497-10.973-8.224-5.898-5.691-6.041-6.528
PhilippinesGeneral government structural balanceThe structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.National currencyBillions                                     
United StatesGeneral government structural balanceThe structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.National currencyBillionsSource: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a13.172-304.134-426.136-410.254-342.410-323.823-400.320-777.258-1,167.948-1,392.084-1,137.976-897.016-955.087-1,085.238-1,195.640
PhilippinesGeneral government structural balanceThe structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.Percent of potential GDP                                      
United StatesGeneral government structural balanceThe structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.Percent of potential GDP See notes for: 
General government structural balance (National currency).n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a0.127-2.809-3.772-3.460-2.736-2.452-2.888-5.388-7.884-9.221-7.318-5.558-5.683-6.196-6.552
PhilippinesGeneral government net debtNet debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.National currencyBillions                                     
United StatesGeneral government net debtNet debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.National currencyBillionsValuation of debt: Nominal value
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government 713.553793.718959.2131,164.1361,344.1491,571.4761,818.0302,033.7912,263.2032,440.7692,657.5572,952.5093,340.2193,683.1163,871.6394,011.7024,091.0084,088.8253,971.5233,779.9033,537.5603,581.8453,983.6434,531.4305,010.6625,386.6965,608.4505,961.1536,814.0438,315.5029,791.76711,079.56112,094.38013,141.22714,305.54615,606.944
PhilippinesGeneral government net debtNet debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.Percent of GDP                                      
United StatesGeneral government net debtNet debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.Percent of GDP See notes for: 
General government net debt (National currency).25.59225.38429.48532.93534.19437.26140.76342.94044.37344.52245.81649.27352.66655.24154.64454.10552.19149.07245.16440.41235.54834.82237.43240.66942.22142.62241.85742.34547.18458.32966.16371.95875.36378.40281.79185.520
PhilippinesGeneral government gross debtGross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).National currencyBillions                                     
United StatesGeneral government gross debtGross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).National currencyBillionsValuation of debt: Nominal value
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government 1,173.5781,289.1211,499.1701,735.6591,995.8822,345.8512,634.3082,879.8843,152.6633,403.9463,699.5634,090.6264,479.5534,821.5685,064.6175,265.6215,503.3135,642.3265,671.2755,684.2165,450.4715,625.2756,072.0986,725.4527,281.6507,785.0768,182.3378,739.18710,189.10011,863.18813,698.67214,989.74116,157.86117,341.98118,615.13420,013.775
PhilippinesGeneral government gross debtGross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).Percent of GDP                                      
United StatesGeneral government gross debtGross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).Percent of GDP See notes for: 
General government gross debt (National currency).42.09241.22746.08349.10550.77455.62259.06560.80461.81262.09263.78068.26770.63072.31671.48271.01770.20967.71664.49460.77154.77054.68857.05660.36061.35761.59961.06762.07870.55583.21492.56197.354100.683103.465106.431109.667
PhilippinesGross domestic product corresponding to fiscal year, current pricesGross domestic product corresponding to fiscal year is the country’s GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country’s GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.National currencyBillions                                     
United StatesGross domestic product corresponding to fiscal year, current pricesGross domestic product corresponding to fiscal year is the country’s GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country’s GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.National currencyBillions 2,788.1503,126.8503,253.1753,534.6003,930.9254,217.4754,460.0504,736.3505,100.4255,482.1255,800.5255,992.1006,342.3006,667.3257,085.1507,414.6257,838.4758,332.3508,793.4759,353.5009,951.47510,286.17510,642.30011,142.17511,867.75012,638.37513,398.92514,077.65014,441.42514,256.27514,799.56415,397.161n/an/an/an/a
PhilippinesCurrent account balanceCurrent account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.U.S. dollarsBillionsDefinition: Balance on goods and services, income and current transfers
Source: CEIC
Latest actual data: 2009
Notes: IMF staff calculations were also used to provide this series.
Primary domestic currency:  Philippine pesos
Data last updated: 04/2010-2.485-1.327-1.987-1.769-0.1630.5231.2060.1980.317-1.456-2.690-0.944-0.993-3.003-2.849-1.965-3.861-4.3301.510-2.874-2.225-1.744-0.2790.2881.6281.9845.3477.1193.6338.5526.3384.4943.6682.6961.6151.011
United StatesCurrent account balanceCurrent account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.U.S. dollarsBillionsDefinition: Balance on current transactions excluding exceptional financing
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency:  U.S. dollars
Data last updated: 04/20102.3155.029-5.531-38.684-94.318-118.131-147.176-160.661-121.159-99.485-78.9652.895-50.079-84.816-121.612-113.571-124.773-140.396-213.532-299.819-417.429-398.272-459.147-521.532-631.134-748.685-803.546-726.572-706.068-417.999-487.234-523.864-571.269-603.057-623.132-638.171
PhilippinesCurrent account balanceCurrent account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.Percent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-7.657-3.722-5.349-5.327-0.5171.7024.0380.5970.836-3.414-6.091-2.082-1.874-5.523-4.446-2.602-4.577-5.1712.268-3.774-2.931-2.449-0.3630.3621.8732.0084.5494.9422.1695.3123.4922.2591.7391.2050.6810.402
United StatesCurrent account balanceCurrent account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.Percent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).0.0830.161-0.170-1.094-2.399-2.801-3.300-3.392-2.375-1.815-1.3610.048-0.790-1.272-1.716-1.532-1.592-1.685-2.428-3.205-4.195-3.872-4.314-4.681-5.318-5.924-5.997-5.161-4.889-2.932-3.292-3.402-3.560-3.598-3.563-3.497
Notes
  Subject Notes  
  Gross domestic product, constant prices (National currency)
Real GDP is expressed in billions of national currency units; the base year is country-specific.


Gross domestic product, constant prices (Percent change)
Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.


Gross domestic product, current prices (National currency)
GDP is expressed in billions of national currency units.


Gross domestic product, current prices (U.S. dollars)
Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.


Gross domestic product, deflator (Index)
The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation.

Please note:

Data are expressed in the base year of each country's national accounts.


Gross domestic product per capita, constant prices (National currency)
GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.


Gross domestic product per capita, current prices (National currency)
GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.


Gross domestic product per capita, current prices (U.S. dollars)
GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.


Output gap in percent of potential GDP (Percent of potential GDP)
Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. For a discussion of approaches to calculating potential output, see Paula R. De Masi, IMF Estimates of Potential Output: Theory and Practice, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1997), pp. 40-46.


Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP (Current international dollar)
These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy.

Please note:

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables.
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.


Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (Current international dollar)
These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy.

Please note:

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables.
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.


Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy.

Please note:

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables.
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.


Implied PPP conversion rate (National currency per current international dollar)
These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy.

Please note:

The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables.
For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23.


Investment (Percent of GDP)
Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment


Gross national savings (Percent of GDP)
Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment


Inflation, average consumer prices (Index, 2000=100)
Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.


Inflation, average consumer prices (Percent change)
Data for inflation are averages for the year, not end-of-period data.


Inflation, end of period consumer prices (Index, 2000=100)
Data for inflation are end of the period, not annual average data. The index is based on 2000=100.


Inflation, end of period consumer prices (Percent change)
Data for inflation are end of the period, not annual average data.


General government net lending/borrowing (National currency)
Net lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.


General government net lending/borrowing (Percent of GDP)
Net lending (+)/ borrowing (–) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (–) is also equal to net acquisition of financial assets minus net incurrence of liabilities.


General government structural balance (National currency)
The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.


General government structural balance (Percent of potential GDP)
The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton “Computing Cyclically Adjusted Balances and Automatic Stabilizers” IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.


General government net debt (National currency)
Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.


General government net debt (Percent of GDP)
Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.


General government gross debt (National currency)
Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).


General government gross debt (Percent of GDP)
Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).


Gross domestic product corresponding to fiscal year, current prices (National currency)
Gross domestic product corresponding to fiscal year is the country’s GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country’s GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.


Current account balance (U.S. dollars)
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.


Current account balance (Percent of GDP)
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.


  Country/Series-specific Notes  
  Philippines: Gross domestic product, constant prices (National currency)
Definition: Gross domestic product at constant market prices
Source: CEIC
Latest actual data: 2009
Base Year: 1985
Use of chain weighted prices indices: No
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Gross domestic product, constant prices (National currency)
Definition: Real Gross Domestic Product determined by chained Fisher quantity growth rates.
Source: Haver analytics
Latest actual data: 2009
Base Year: 2005
Use of chain weighted prices indices: Yes. From 1980.
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Gross domestic product, constant prices (Percent change)
See notes for:
Gross domestic product, constant prices (National currency).


United States: Gross domestic product, constant prices (Percent change)
See notes for:
Gross domestic product, constant prices (National currency).


Philippines: Gross domestic product, current prices (National currency)
Definition: Gross domestic product at market prices
Source: CEIC
Latest actual data: 2009
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Gross domestic product, current prices (National currency)
Definition: Gross domestic product at market prices
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Gross domestic product, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency).


United States: Gross domestic product, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency).


Philippines: Gross domestic product, deflator (Index)
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).


United States: Gross domestic product, deflator (Index)
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).


Philippines: Gross domestic product per capita, constant prices (National currency)
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).


United States: Gross domestic product per capita, constant prices (National currency)
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).


Philippines: Gross domestic product per capita, current prices (National currency)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


United States: Gross domestic product per capita, current prices (National currency)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Philippines: Gross domestic product per capita, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


United States: Gross domestic product per capita, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


United States: Output gap in percent of potential GDP (Percent of potential GDP)
See notes for:
Gross domestic product, constant prices (National currency).


Philippines: Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


United States: Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


Philippines: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


United States: Gross domestic product based on purchasing-power-parity (PPP) per capita GDP (Current international dollar)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Philippines: Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
See notes for:
Gross domestic product, current prices (National currency).


United States: Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
See notes for:
Gross domestic product, current prices (National currency).


Philippines: Implied PPP conversion rate (National currency per current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


United States: Implied PPP conversion rate (National currency per current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


United States: Investment (Percent of GDP)
Definition: Gross capital formation at market prices
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


United States: Gross national savings (Percent of GDP)
Definition: Gross national saving
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Inflation, average consumer prices (Index, 2000=100)
Definition: Consumer price index annual average
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Inflation, average consumer prices (Index, 2000=100)
Definition: Consumer price index annual average
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Inflation, average consumer prices (Percent change)
See notes for:
Inflation, average consumer prices (Index, 2000=100).


United States: Inflation, average consumer prices (Percent change)
See notes for:
Inflation, average consumer prices (Index, 2000=100).


Philippines: Inflation, end of period consumer prices (Index, 2000=100)
Definition: Consumer price index, end of period
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Frequency of source data: Monthly
Latest actual data: 2009
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Inflation, end of period consumer prices (Index, 2000=100)
Definition: Consumer price index, end of period
Source: Haver analytics
Frequency of source data: Monthly
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Inflation, end of period consumer prices (Percent change)
See notes for:
Inflation, end of period consumer prices (Index, 2000=100).


United States: Inflation, end of period consumer prices (Percent change)
See notes for:
Inflation, end of period consumer prices (Index, 2000=100).


United States: Unemployment rate (Percent of total labor force)
Definition: Unemployment rate, national definition
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


United States: Employment (Persons)
Definition: Employment, national definition
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Population (Persons)
Definition: Population
Source: CEIC
Latest actual data: 2007
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Population (Persons)
Definition: Population
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


United States: General government net lending/borrowing (National currency)
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government


United States: General government net lending/borrowing (Percent of GDP)
See notes for:
General government net lending/borrowing (National currency).


United States: General government structural balance (National currency)
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government


United States: General government structural balance (Percent of potential GDP)
See notes for:
General government structural balance (National currency).


United States: General government net debt (National currency)
Valuation of debt: Nominal value
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government


United States: General government net debt (Percent of GDP)
See notes for:
General government net debt (National currency).


United States: General government gross debt (National currency)
Valuation of debt: Nominal value
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2009
Fiscal period reported: January/December
Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001.
GFS Manual Used: 2001
Basis of Recording: Noncash (accrual)
Includes: Central Government, State Government, Local Government


United States: General government gross debt (Percent of GDP)
See notes for:
General government gross debt (National currency).


Philippines: Current account balance (U.S. dollars)
Definition: Balance on goods and services, income and current transfers
Source: CEIC
Latest actual data: 2009
Notes: IMF staff calculations were also used to provide this series.
Primary domestic currency: Philippine pesos
Data last updated: 04/2010


United States: Current account balance (U.S. dollars)
Definition: Balance on current transactions excluding exceptional financing
Source: Haver analytics
Latest actual data: 2009
Primary domestic currency: U.S. dollars
Data last updated: 04/2010


Philippines: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


United States: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


 
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