World Economic Outlook Database, October 2010

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015
PhilippinesGross domestic product, constant pricesNational currencyBillionsSource: CEIC
Latest actual data: 2009
National accounts manual used: Please note that the Philippine National accounts manual is still largely based on the 1968 SNA but to a certain extent has adopted some recommendations of the 1993 SNA.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1985
Chain-weighted: No
Primary domestic currency: Philippine pesos
Data last updated: 09/2010609.768630.642653.467665.717616.962571.883591.423616.923658.581699.448720.690716.522718.941734.156766.368802.224849.121893.151888.000918.160972.960990.0421,034.0931,085.0711,154.2961,211.4521,276.1561,366.6251,417.0871,432.1171,532.9941,601.3431,673.4031,748.7061,827.3981,909.631
PhilippinesGross domestic product, constant pricesPercent change See notes for: 
Gross domestic product, constant prices (National currency).5.1493.4233.6191.875-7.324-7.3073.4174.3126.7536.2053.037-0.5780.3382.1164.3884.6795.8465.185-0.5773.3965.9681.7564.4494.9306.3804.9525.3417.0893.6921.0617.0444.4594.5004.5004.5004.500
PhilippinesGross domestic product, current pricesNational currencyBillionsSource: CEIC
Latest actual data: 2009
National accounts manual used: Please note that the Philippine National accounts manual is still largely based on the 1968 SNA but to a certain extent has adopted some recommendations of the 1993 SNA.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1985
Chain-weighted: No
Primary domestic currency: Philippine pesos
Data last updated: 09/2010243.749281.596317.177369.077524.481571.883608.887682.764799.182925.4441,074.5101,245.4271,351.5591,474.4571,692.9321,905.9512,171.9222,426.7432,665.0602,976.9053,354.7273,631.4743,963.8724,316.4024,871.5545,444.0386,031.1656,648.6207,409.3717,678.9178,575.8349,319.68810,128.63711,007.80211,963.27913,001.692
PhilippinesGross domestic product, current pricesU.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).32.45035.64737.14033.21231.40830.73429.86833.19637.88542.64744.16445.32152.98254.36864.08475.52584.37183.73666.59676.15775.91271.21676.81479.63486.93098.829117.534144.070167.167161.196189.061212.657228.827246.227264.950285.097
PhilippinesGross domestic product, deflatorIndex See notes for: 
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).39.97444.65248.53855.44185.010100.000102.953110.672121.349132.311149.095173.816187.993200.837220.903237.583255.785271.706300.119324.225344.796366.800383.319397.799422.037449.381472.604486.499522.859536.193559.417581.992605.272629.483654.662680.848
PhilippinesGross domestic product per capita, constant pricesNational currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).12,619.37112,729.95512,868.59012,787.49411,564.42310,460.63710,561.12510,747.78711,219.43811,638.07011,718.53711,373.36511,163.68011,140.45511,351.32011,737.08712,138.65812,482.92812,139.80512,283.76712,644.63012,601.06812,891.16313,252.33913,814.19314,208.74714,673.09815,406.17715,665.82915,528.24216,306.15316,709.47617,119.02217,538.60617,968.47418,408.878
PhilippinesGross domestic product per capita, current pricesNational currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).5,044.4745,684.2156,246.1017,089.4549,830.94710,460.63710,872.98311,894.84213,614.68515,398.40317,471.70719,768.68320,986.94022,374.15725,075.43727,885.36931,048.83633,916.83836,433.90539,827.05443,598.17546,220.71849,414.24052,717.67558,300.97963,851.44469,345.65574,950.93481,910.24083,261.41391,219.47097,247.822103,616.601110,402.473117,632.752125,336.544
PhilippinesGross domestic product per capita, current pricesU.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).671.573719.553731.393637.959588.725562.178533.364578.327645.409709.604718.114719.384822.695825.012949.2091,104.9851,206.1361,170.318910.4361,018.882986.557906.419957.574972.5911,040.3471,159.1341,351.3911,624.1291,848.0181,747.8232,011.0002,219.0032,340.9172,469.5292,605.2072,748.339
PhilippinesGross domestic product based on purchasing-power-parity (PPP) valuation of country GDPCurrent international dollarBillionsSee notes for: 
Gross domestic product, current prices (National currency).60.27568.18174.95879.38376.33372.89877.05582.71091.328100.658107.717110.891113.903118.884126.715135.406146.051156.337157.191164.921178.548185.788197.196211.372230.936250.240272.191300.067317.946324.263350.279370.662392.470416.217442.292470.385
PhilippinesGross domestic product based on purchasing-power-parity (PPP) per capita GDPCurrent international dollarUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).1,247.4201,376.2821,476.1391,524.8431,430.8031,333.4141,375.9811,440.9481,555.8491,674.8451,751.5001,760.1711,768.6841,803.9991,876.8781,981.0882,087.8872,185.0092,148.9562,206.4312,320.4212,364.6712,458.2782,581.5612,763.7572,934.9833,129.6263,382.7013,514.8753,515.9413,725.8473,867.7384,014.9894,174.4404,348.9814,534.521
PhilippinesGross domestic product based on purchasing-power-parity (PPP) share of world totalPercent See notes for: 
Gross domestic product, current prices (National currency).0.5310.5390.5560.5520.4890.4370.4370.4400.4500.4610.4600.4490.4100.4100.4150.4190.4280.4330.4200.4190.4240.4220.4290.4350.4400.4430.4440.4530.4570.4650.4630.4610.4600.4580.4550.453
PhilippinesImplied PPP conversion rateNational currency per current international dollar See notes for: 
Gross domestic product, current prices (National currency).4.0444.1304.2314.6496.8717.8457.9028.2558.7519.1949.97511.23111.86612.40313.36014.07614.87115.52316.95418.05018.78919.54620.10120.42121.09521.75522.15822.15723.30423.68124.48325.14325.80726.44727.04827.641
PhilippinesInflation, average consumer pricesIndex Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000
Primary domestic currency: Philippine pesos
Data last updated: 09/201012.79914.47315.77316.60124.34930.00229.90530.81434.58338.51443.59851.66056.28260.56566.03771.37377.84982.40290.39896.17599.992106.825109.997113.792120.592129.788137.892141.767154.950159.985167.165173.852180.806188.038195.560203.382
PhilippinesInflation, average consumer pricesPercent change See notes for: 
Inflation, average consumer prices (Index).18.20113.0838.9795.25246.67323.215-0.3253.04212.23011.36713.20118.4928.9477.6099.0358.0809.0745.8489.7036.3913.9686.8342.9693.4505.9767.6266.2442.8109.2993.2494.4884.0004.0004.0004.0004.000
PhilippinesInflation, end of period consumer pricesIndex Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000
Primary domestic currency: Philippine pesos
Data last updated: 09/201020.20023.50025.40028.73443.33945.79045.63648.85253.52561.68772.90082.60088.80095.600101.527111.985119.935128.691141.946147.482157.068164.136168.239174.801189.834202.553211.262219.502237.050247.243258.418268.755279.505290.685302.313314.405
PhilippinesInflation, end of period consumer pricesPercent change See notes for: 
Inflation, end of period consumer prices (Index).15.42916.3378.08513.12650.8265.656-0.3367.0479.56615.24818.17813.3067.5067.6586.20010.3007.1007.30010.3003.9006.5004.5002.5003.9008.6006.7004.3003.9007.9944.3004.5204.0004.0004.0004.0004.000
PhilippinesUnemployment ratePercent of total labor force Source: CEIC
Latest actual data: 2009
Employment type: Harmonized ILO definition. Please note that data prior to 2005 are not based on harmonized ILO definition but based on national definition.
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/a11.05811.68211.0629.4029.1298.40010.5009.8009.3009.4759.5258.5258.67510.0509.75011.17511.12511.40011.40011.82511.3508.0007.3257.4007.4757.2007.2007.2007.0007.0007.000
PhilippinesPopulationPersonsMillionsSource: CEIC
Latest actual data: 2007
Primary domestic currency: Philippine pesos
Data last updated: 09/201048.32049.54050.78052.06053.35054.67056.00057.40058.70060.10061.50063.00064.40065.90067.51468.35069.95271.55073.14874.74676.94778.56880.21781.87883.55985.26186.97388.70690.45792.22794.01395.83497.75199.706101.700103.734
PhilippinesGeneral government revenueNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/an/an/an/an/a148.952176.684216.609240.977258.725318.968352.705425.406483.959470.937487.033518.409569.059580.940641.848708.905815.627975.4211,047.4751,172.6941,121.8661,286.1041,466.7981,684.3821,928.1512,094.3582,278.446
PhilippinesGeneral government revenuePercent of GDP See notes for: 
General government revenue (National currency).n/an/an/an/an/an/an/an/an/a16.09516.44317.39217.83017.54718.84118.50519.58719.94317.67116.36015.45315.67014.65614.87014.55214.98216.17315.75515.82714.61014.99715.73916.63017.51617.50717.524
PhilippinesGeneral government total expenditureNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/an/an/an/an/a168.679214.331241.351266.169279.405343.732374.693433.070501.460543.099614.355668.438731.571790.118849.414905.631976.7501,057.5371,148.7071,267.3491,424.4961,619.8431,796.8021,968.9692,146.2832,322.6652,523.084
PhilippinesGeneral government total expenditurePercent of GDP See notes for: 
General government total expenditure (National currency).n/an/an/an/an/an/an/an/an/a18.22719.94719.37919.69318.95020.30419.65919.93920.66420.37820.63719.92520.14519.93319.67918.59017.94217.53517.27717.10518.55118.88819.28019.44019.49819.41519.406
PhilippinesGeneral government net lending/borrowingNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/an/an/an/an/a-19.727-37.647-24.742-25.192-20.680-24.764-21.988-7.664-17.501-72.162-127.322-150.029-162.512-209.178-207.566-196.726-161.123-82.116-101.232-94.655-302.630-333.739-330.004-284.587-218.132-228.307-244.638
PhilippinesGeneral government net lending/borrowingPercent of GDP See notes for: 
General government net lending/borrowing (National currency).n/an/an/an/an/an/an/an/an/a-2.132-3.504-1.987-1.864-1.403-1.463-1.154-0.353-0.721-2.708-4.277-4.472-4.475-5.277-4.809-4.038-2.960-1.362-1.523-1.277-3.941-3.892-3.541-2.810-1.982-1.908-1.882
PhilippinesGeneral government primary net lending/borrowingNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/an/an/an/an/an/a19.23527.89934.23936.39761.80163.44074.32157.69936.796-19.825-17.801-9.346-55.650-22.39017.01683.849166.738108.139124.385-86.151-53.448-36.06332.44198.824104.158105.351
PhilippinesGeneral government primary net lending/borrowingPercent of GDP See notes for: 
General government primary net lending/borrowing (National currency).n/an/an/an/an/an/an/an/an/an/a1.7902.2402.5332.4693.6513.3293.4222.3781.381-0.666-0.531-0.257-1.404-0.5190.3491.5402.7651.6261.679-1.122-0.623-0.3870.3200.8980.8710.810
PhilippinesGeneral government gross debtNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/an/an/an/an/an/an/an/a584.425654.508851.0161,104.3051,056.3571,135.4531,122.9941,316.8451,457.1841,698.7132,082.1902,279.3832,635.2973,081.2553,397.0543,420.7593,340.2883,178.1873,605.0723,754.4593,974.6604,247.2734,597.0344,832.0785,086.2715,043.540
PhilippinesGeneral government gross debtPercent of GDP See notes for: 
General government gross debt (National currency).n/an/an/an/an/an/an/an/an/an/a54.39052.55362.96674.89662.39859.57451.70554.26454.67757.06362.06762.76766.48371.38569.73262.83555.38447.80248.65648.89346.34745.57345.38743.89742.51638.791
PhilippinesGross domestic product corresponding to fiscal year, current pricesNational currencyBillionsSource: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010n/an/an/a369.077524.481571.883608.887682.764799.182925.4441,074.5101,245.4271,351.5591,474.4571,692.9321,905.9512,171.9222,426.7432,665.0602,976.9053,354.7273,631.4743,963.8724,316.4024,871.5545,444.0386,031.1656,648.6207,409.3717,678.9178,575.8349,319.68810,128.63711,007.80211,963.27913,001.692
PhilippinesCurrent account balanceU.S. dollarsBillionsSource: CEIC
Latest actual data: 2009
Notes: IMF staff calculations were also used to provide this series.
BOP Manual used: BPM 5
Primary domestic currency: Philippine pesos
Data last updated: 09/2010-2.485-1.327-1.987-1.769-0.1630.5231.2060.1980.317-1.456-2.690-0.944-0.993-3.003-2.849-1.965-3.861-4.3301.510-2.874-2.225-1.744-0.2790.2881.6281.9845.3477.1193.6338.5527.8117.2006.9766.3686.0836.017
PhilippinesCurrent account balancePercent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-7.657-3.722-5.349-5.327-0.5171.7024.0380.5970.836-3.414-6.091-2.082-1.874-5.523-4.446-2.602-4.577-5.1712.268-3.774-2.931-2.449-0.3630.3621.8732.0084.5494.9412.1735.3054.1323.3863.0492.5862.2962.111
Notes
  Country/Series-specific Notes  
  Philippines: Gross domestic product, constant prices (National currency)
Source: CEIC
Latest actual data: 2009
National accounts manual used: Please note that the Philippine National accounts manual is still largely based on the 1968 SNA but to a certain extent has adopted some recommendations of the 1993 SNA.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1985
Chain-weighted: No
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: 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)
Source: CEIC
Latest actual data: 2009
National accounts manual used: Please note that the Philippine National accounts manual is still largely based on the 1968 SNA but to a certain extent has adopted some recommendations of the 1993 SNA.
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1985
Chain-weighted: No
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: 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).


Philippines: 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).


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


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).


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).


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).


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


Philippines: Inflation, average consumer prices (Index)
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


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


Philippines: Inflation, end of period consumer prices (Index)
Source: CEIC. For data prior to 1990, the source is IFS - International Financial Statistics
Latest actual data: 2009
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2000
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


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


Philippines: Unemployment rate (Percent of total labor force)
Source: CEIC
Latest actual data: 2009
Employment type: Harmonized ILO definition. Please note that data prior to 2005 are not based on harmonized ILO definition but based on national definition.
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: Population (Persons)
Source: CEIC
Latest actual data: 2007
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: General government revenue (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: General government revenue (Percent of GDP)
See notes for:
General government revenue (National currency).


Philippines: General government total expenditure (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: General government total expenditure (Percent of GDP)
See notes for:
General government total expenditure (National currency).


Philippines: General government net lending/borrowing (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


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


Philippines: General government primary net lending/borrowing (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


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


Philippines: General government gross debt (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


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


Philippines: Gross domestic product corresponding to fiscal year, current prices (National currency)
Source: Ministry of Finance. Department of Budget Management
Latest actual data: 2009
Fiscal assumptions: Covers central government data
Start/end months of reporting year: January/December
GFS Manual used: 2001
Basis of recording: Cash
General government includes: Central Government;
Valuation of public debt: Nominal value
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: Current account balance (U.S. dollars)
Source: CEIC
Latest actual data: 2009
Notes: IMF staff calculations were also used to provide this series.
BOP Manual used: BPM 5
Primary domestic currency: Philippine pesos
Data last updated: 09/2010


Philippines: 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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