Philippines: Economy | Asian Development Bank. Philippines | Economist - World News, Politics, Economics, Business & Finance. Philippines: Economy. Philippines Economy 2016, CIA World Factbook. GDP - composition, by end use: household consumption: 72.6% government consumption: 11.5% investment in fixed capital: 20.2% investment in inventories: -0.2% exports of goods and services: 28.3% imports of goods and services: -32.4% (2013 est.)
GDP - composition, by sector of origin: agriculture: 11.2% industry: 31.6% services: 57.2% (2013 est.) Agriculture - products: sugarcane, coconuts, rice, corn, bananas, cassava (manioc, tapioca), pineapples, mangoes; pork, eggs, beef; fish Industries: electronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing Industrial production growth rate: 9% (2013 est.) country comparison to the world: 19 [see also: Industrial production growth rate country ranks ] Labor force: 41.33 million (2013 est.) country comparison to the world: 16 [see also: Labor force country ranks ] Labor force - by occupation: agriculture: 32% industry: 15% services: 53% (2012 est.) 7% (2012 est.) Philippines Economy. The Philippines or the Republic of the Philippines (officially), is a Southeast Asian country.
It is an archipelago of 7,107 islands located in the western Pacific Ocean. Manila is its capital city. Geographically, the Philippines can be divided into three parts, namely, Luzon, Visayas, and Mindanao. With all these islands combined, the country’s coastline is the fifth longest in the world, spanning 36,289 kilometers. It is considered as Asia’s largest Catholic country of Asia, since Spanish colonial times. Further, the Philippines is the world’s 12th most populated country with approximately 92 million people (as of 2009). The country can be reached by plane. Visit our Economic Statistics Database for more facts and figures on the Philippines.
Forbes Welcome. Philippines Facts | Government, Economy, Demographics, Education. Philippines, The: Economy. With their tropical climate, heavy rainfall, and naturally fertile volcanic soil, the Philippines have a strong agricultural sector, which employs over a third of the population. Sugarcane, coconuts, rice, corn, bananas, cassava, pineapples, and mangoes are the most important crops, and tobacco and coffee are also grown.
Carabao (water buffalo), pigs, chickens, goats, and ducks are widely raised, and there is dairy farming. Fishing is a common occupation; the Sulu Archipelago is noted for its pearls and mother-of-pearl. The islands have one of the world's greatest stands of commercial timber. There are also mineral resources such as petroleum, nickel, cobalt, silver, gold, copper, zinc, chromite, and iron ore. Manufacturing is concentrated in metropolitan Manila, near the nation's prime port, but there has been considerable industrial growth on Cebu, Negros, and Mindanao. The Columbia Electronic Encyclopedia, 6th ed. See more Encyclopedia articles on: Philippines Political Geography.
Philippine economy grows fastest in Asia. The Philippine economy expanded 7.1 percent in the first three months in office of President Duterte on the back of robust public infrastructure spending and private construction, and growth in agriculture. An upbeat consumer spending, encouraged by low inflation and low interest rates, also drove the expansion during the July-September period of the gross domestic product (GDP) that made the Philippines the fastest growing economy in the region. GDP is the total value of goods produced and services rendered in a given period. “This underscores that the Duterte administration offers more than war on drugs,” Presidential Communications Secretary Martin Andanar said in a statement.
“(W)e have a sound economic vision and agenda that will spur growth to benefit the lives of our countrymen, especially the poor and the marginalized,” he said. Experts surprised The news surprised experts after Mr. “It affirms our view that fundamentals remain intact despite the political noise,” he said. George T. Ano Ang Ekonomiks? Ang isang taong naninirahan sa isang lugar o bansa ay nararapat lamang na magkaroon ng kalaaman sa kung ano ang nagaganap sa kanyang paligid hindi lamang para maging magaling sa paningin ng karamihan kung hindi upang mas maibahagi pa nya ang tamang kaalaman. Tulad na lamang sa kung ano ang estado ng ekonomiya ng bansa na kanyang tinitirahan. Alam mo ba kung ano ang ekonomiks, at kung ano ang kahalagahan nito saiyo? Ano ang Ekonomiks? Ang Ekonomiks ay isang aspeto kung saan pinag-aaralan ang tamang pamamaraan kung paano maipamamahagi sa isang bansa at sa kanyang mga mamamayan ang limitadong pinagkukunang-yaman.
Kasabay nito ay ang pagkakaroon rin ng tamang kaalaman sa kung paano ang tamang pag-gamit o pag-gastos sa limitadong yaman na ito upang mapunan ng husto ang pangangailangan ng isang bansa o mga tao sa kasalukuyang panahon at lalo na sa hinaharap. Ang dalawang mahalagang uri ng Ekonomiks Makroekonomiks – ito ay pag-aaral ng ekonomiya ng isang bansa. Ang Ekonomiya ng Pilipinas, Noon at Ngayon. Maraming katanungan ang bumabalot sa isipan ng bawat Pilipino kung pag-uusapan ang ekonomiya ng Pilipinas, lalo na ang mga hamon na kinakaharap ng bansa sa puntong ito kung saan kaliwa’t kanan ang mga kontrobersiya ng Pilipinas. Dumating na nga sa puntong kinukwestiyon na maging ng mga bansang kaalyado nito at mas lalo na ng mga bansang kanyang kakumpitensya.
Kung makikinig ka sa mga balita sa radyo at telebisyon, halos natabunan na ng mga negatibong kontrobersiya ang mga balita tungkol sa ekonomiya ng Pilipinas, na halos hindi na mapansin ang positibong mga balita na mayroon parin ang bansang ito. Sa madaling salita, kamusta na nga ba ang ekonomiya ng Pilipinas? Una sa lahat, nararapat lamang na mapalawak ang kaisipan ng bawat Pilipino kung anong uri ng ekonmiya mayroon ang bansang ito mula pa noong mga nakalipas na taon hanggang sa taong kasalukuyan.
Anong uri ng ekonomiya mayroon ang Pilipinas? Ang Pilipinas ay bahagi ng Timog Silangang Asya. Ekonomiks at Ekonomiya.