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Philippines
Philippines · PHL · Southeast Asia
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
The Philippines is an archipelagic nation in Southeast Asia, characterized by a rapidly growing economy driven by services and remittances. It faces challenges from natural disasters, geopolitical tensions in the South China Sea, and the need for continued infrastructure development.
Leadership
Ferdinand Marcos Jr.
President
GOVERNMENT: Presidential Republic
Sara Duterte
Enrique Manalo
Ralph Recto
Economy
GDP
$575.0B
GDP per Capita
$4.8K
GDP Growth
+6.5%
Inflation
3.5%
Unemployment
4.8%
Services (BPO, Tourism)Manufacturing (Electronics)AgricultureRemittances
Trade
Key Exports
Electronic ProductsSemiconductorsMachineryTransport EquipmentGarmentsCoconut Oil
Key Imports
Electronic ProductsMineral FuelsMachineryTransport EquipmentIron and Steel
Top Partners
ChinaUSAJapanSouth KoreaSingapore