Philippines, is a country located at South-Eastern Asia, it has an area of 300,000 Km2.

Philippines, with a population of 111,910,000 people, it is ranked at 13º position by population of 196 countries and it has a high population density, with 373 people per km2.

It's capital is Manila and its currency is Philippine Pesos

Philippines is holding the 34 position by nominal GDP. Its national debt in 2024 was 243,427 millions of euros (263,401 millions of dollars), ( 57.06% debt-to-GDP ratio) and its public debt per capita is €2,175 euros per inhabitant$2,354 dollars per inhabitant.

The last annual rate of CPI published in Philippines was on June of 2025 and it was 1.4%.

In terms of the human development index (HDI) of Philippines, which is the index used by the United Nations to measure the progress of a country, was 0.71 points in 2022, leaving it in 113th place in the table of 193 countries published.

If the reason to visit Philippines are business, you must know it's in the 95th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Philippines, if you want to see information about other countries click here

Manila: Monthly Temp.
Manila: Monthly Rainfall
Philippines Economy
Gouvernement
Annual GDP [+]2024€426,612M
Annual GDP [+]2024$461,617M
GDP per capita [+]2024€3,770
GDP per capita [+]2024$4,079
Debt (M.€.) [+]2024243,427
Debt ($M) [+]2024263,401
Debt (%GDP) [+]202457.06%
Debt Per Capita [+]2024€2,175
Debt Per Capita [+]2024$2,354
Deficit (M.€) [+]2024-17,069
Deficit ($M) [+]2024-18,470
Deficit (%GDP) [+]2024-4.00%
Expenditure (M.€) [+]2024107,285.0
Expenditure ($M) [+]2024116,088.2
Education Expenditure (M.€) [+]202314,642.9
Education Expenditure ($M) [+]202315,837.5
Education Expenditure (%Bud.) [+]202316.73%
Gov. Health Exp. (M.€) [+]20238,739.6
Gov. Health Exp.($M) [+]20239,451.8
Gov. Health Exp. (%Bud.) [+]20238.59%
Defence Expenditure (M.€) [+]20235,049.1
Defence Expenditure ($M) [+]20235,461.0
Defence Expenditure (%Bud.) [+]20235.02%
Expenditure (%GDP) [+]202425.15%
Expenditure Per Capita [+]2024€959
Expenditure Per Capita [+]2024$1,037
Education Expenditure P.C [+]2023€131
Education Expenditure P.C [+]2023$142
Gov. Health Exp. P.C. [+]2023€76
Gov. Health Exp. P.C. [+]2023$82
Defence Expenditure P.C. [+]2023€45
Defence Expenditure P.C. [+]2023$49
Moody's Rating [+]08/23/2024Baa2
S&P Rating [+]11/25/2024BBB+
Fitch Rating [+]05/07/2020BBB
Corruption Index [+]202334
Competitiveness Ranking [+]201964º
Fragile States Index [+]202475.1
RTI Raking [+]2024135º
Innovation Ranking [+]202453º
Labour
Unemployment rate [+]2023Q13.0%
Unemployed [+]2023Q14,418K
NMW [+]2024$149.4
NMW [+]2024€135.1
Human Capital Ranking [+]201750º
Markets
Euro / Philippine Pesos [+]07/28/202566.9760
US Dollar exchange rate [+]07/28/202556.9330
Stock ExchangeYTD % [+]07/28/2025-2.28%
Prices
CPI (overall index) [+]June 20251.4%
Money Market
Key rates [+]06/20/20255.25%
Business
Doing Business [+]202095º
Passengers vehicles Year [+]December 2023282,507
Annual Vehicles/ 1,000 p. [+]December 20233.74
Vehicles / 1,000 people [+]202039.54
Taxes
Tax Revenue (%GDP) [+]202218.4%
Standard VAT [+]01/01/200712.00%
Top tax rate + SSC [+]202035.0%
Trade
Annual arrivals [+]20222,654,000
Exports [+]2023€67,999.0M
Exports [+]2023$73,527.4M
Exports % GDP [+]202316.83%
Imports [+]2023€123,745.4M
Imports [+]2023$133,805.9M
Imports % GDP [+]202330.62%
Trade balance [+]2023€-55,746.4M
Trade balance [+]2023$-60,061.0M
Trade balance % GDP [+]2023-13.80%
Socio-Demography
Global AgeWatch Ranking [+]201550º
Density [+]2023373
Global Peace Ranking [+]2024104º
Remittance received ($M) [+]201732,807.8
% Immigrant [+]20200.21%
% Emigrant [+]20205.58%
Birth Rate [+]202316.02‰
Remittance sent ($M) [+]2017536.6
Crude death rate [+]20236.24‰
Fertility Rate [+]20231.92
% risk of poverty [+]202315.5%
Population [+]2023111,910,000
Immigrant stock [+]2020225,525
Emigrant stock [+]20206,094,307
HDI [+]20220.710
Gender Gap Ranking [+]202425º
Life expectancy [+]202369.83
Suicides [+]20153,400
Suicide rate [+]20153.37
Number of homicides [+]20234,995
Rate Homicides per 100.000 [+]20234.35
Energy and Environment
CO2 Tons per capita [+]20231.41
Annual crude oil production [+]20241
Crude Oil Reserves [+]2021138.5
Consumption GWh [+]2023100,824
Generation GWh [+]2023111,517
Others
COVID-19 - Deaths [+]07/06/202566,864
COVID-19 - Confirmed [+]07/06/20254,140,383
Fully vaccinated [+]03/19/202378,443,970
COVID-19 - Deaths per million population [+]08/04/2024597.48
Doses administered [+]03/19/2023189,317,150

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