Producer Prices in Philippines decreased 5.40 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Philippines averaged 2.55 percent from 1999 until 2020, reaching an all time high of 17.50 percent in January of 2001 and a record low of -10 percent in March of 2013. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Philippines Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Philippines decreased to 132 points in March from 132.20 points in February of 2020. Producer Prices in Philippines averaged 139.62 points from 1998 until 2020, reaching an all time high of 180.70 points in September of 2008 and a record low of 81.10 points in March of 1998. In Philippines, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Philippines Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Savings in Philippines increased to 4965843.77 Million PHP in February from 4945889.93 Million PHP in January of 2020. Personal Savings in Philippines averaged 2346899.93 Million PHP from 2001 until 2020, reaching an all time high of 4965843.77 Million PHP in February of 2020 and a record low of 1124351.04 Million PHP in April of 2005. In Philippines, Personal Saving Rates correspond to the interest rate persons receive on their savings deposits during a certain period of time. This page provides - Philippines Personal Saving Rates - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Philippines decreased to 12017030.88 PHP Million in February from 12078764.03 PHP Million in January of 2020. Money Supply M2 in Philippines averaged 2607311.17 PHP Million from 1980 until 2020, reaching an all time high of 12283864.61 PHP Million in December of 2019 and a record low of 44456 PHP Million in January of 1980. Philippines Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Philippines Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Philippines decreased to 12764856.86 PHP Million in February from 12793345.70 PHP Million in January of 2020. Money Supply M3 in Philippines averaged 2707655.59 PHP Million from 1980 until 2020, reaching an all time high of 12974088.94 PHP Million in December of 2019 and a record low of 56544 PHP Million in January of 1980. Philippines Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Philippines Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Philippines increased to 1296645.72 PHP Million in February from 1292596.98 PHP Million in January of 2020. Money Supply M0 in Philippines averaged 216729.02 PHP Million from 1970 until 2020, reaching an all time high of 1395876.53 PHP Million in December of 2019 and a record low of 1918 PHP Million in January of 1970. Philippines Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Philippines Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Philippines increased to 4448628.20 PHP Million in February from 4435552.49 PHP Million in January of 2020. Money Supply M1 in Philippines averaged 784881.02 PHP Million from 1978 until 2020, reaching an all time high of 4498391.24 PHP Million in December of 2019 and a record low of 14600 PHP Million in May of 1978. This page provides - Philippines Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Pmi in Philippines decreased to 31.60 points in April from 39.70 points in March of 2020. Manufacturing Pmi in Philippines averaged 52.51 points from 2016 until 2020, reaching an all time high of 57.50 points in September of 2016 and a record low of 31.60 points in April of 2020. The IHS Markit Philippines Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Philippines Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Philippines increased 2.80 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Philippines averaged 3.81 percent from 2001 until 2020, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. In Philippines, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Philippines decreased 0.10 percent in April of 2020 over the previous month. Inflation Rate Mom in Philippines averaged 0.64 percent from 1957 until 2020, reaching an all time high of 8.80 percent in July of 1984 and a record low of -4.50 percent in November of 1972. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Philippines Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Philippines decreased to 122.20 points in April from 122.30 points in March of 2020. Consumer Price Index CPI in Philippines averaged 38.29 points from 1957 until 2020, reaching an all time high of 122.60 points in January of 2020 and a record low of 1 points in February of 1957. In Philippines, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - Philippines Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core Consumer Prices in Philippines increased to 121.80 points in April from 121.70 points in March of 2020. Core Consumer Prices in Philippines averaged 90.41 points from 2000 until 2020, reaching an all time high of 121.80 points in April of 2020 and a record low of 59.24 points in January of 2000. This page provides the latest reported value for - Philippines Core Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

CPI Housing Utilities in Philippines decreased to 114 points in April from 114.60 points in March of 2020. CPI Housing Utilities in Philippines averaged 105.75 points from 2012 until 2020, reaching an all time high of 114.70 points in January of 2020 and a record low of 97.90 points in January of 2012. This page provides - Philippines Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Philippines decreased to 100.70 points in April of 2020 from 104 points in March of 2020. CPI Transportation in Philippines averaged 100.05 points from 2012 until 2020, reaching an all time high of 108.80 points in November of 2018 and a record low of 91.90 points in February of 2016. This page provides - Philippines Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Philippines was recorded at 2.20 percent in April of 2020. Inflation Rate in Philippines averaged 8.27 percent from 1958 until 2020, reaching an all time high of 62.80 percent in September of 1984 and a record low of -2.10 percent in January of 1959. In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcoholic beverages, tobacco, furnishing, household equipment, restaurants and other goods and services account for the remaining 15 percent. This page provides the latest reported value for - Philippines Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Philippines decreased 11.30 percent in March of 2020 over the same month in the previous year. Industrial Production in Philippines averaged 7.82 percent from 1986 until 2020, reaching an all time high of 68.60 percent in April of 1988 and a record low of -26.60 percent in January of 2009. In Philippines, Industrial Production is measured by the Value of Production Index (VaPI) of the manufacturing industry. This page provides - Philippines Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Philippines decreased to 4530620 USD Thousand in March from 5400684.03 USD Thousand in February of 2020. Exports in Philippines averaged 1695975.12 USD Thousand from 1957 until 2020, reaching an all time high of 6341727.87 USD Thousand in October of 2019 and a record low of 23000 USD Thousand in October of 1957. Exports in Philippines account for nearly a third of GDP. Major exports are: electronic products (42 percent), other manufactures (10 percent) and woodcrafts and furniture (6 percent). Philippines is also the world’s largest producer of coconut, pineapple and abaca. Philippines's main export partners are: Japan (21 percent), the United States (15 percent), China (12 percent) and Hong Kong (8 percent). This page provides - Philippines Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Philippines decreased to 6911070 USD Thousand in March from 7056867.71 USD Thousand in February of 2020. Imports in Philippines averaged 2120992.38 USD Thousand from 1957 until 2020, reaching an all time high of 10724291.25 USD Thousand in October of 2018 and a record low of 37084.30 USD Thousand in February of 1963. Philippines major imports are: electronic products (25 percent), mineral fuels (21 percent) and transport equipment (10 percent). Philippines's main import partners are: China (13 percent), the United States (11 percent), Japan (8 percent) and Taiwan (8 percent). This page provides the latest reported value for - Philippines Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Philippines contracted 5.10 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Philippines averaged 1.19 percent from 1998 until 2020, reaching an all time high of 3.40 percent in the first quarter of 2010 and a record low of -5.10 percent in the first quarter of 2020. The Philippines has a status of emerging economy. In recent years, the country has been steadily growing mainly due to inflow of foreign direct investment and remittances. The Philippines is the world’s largest center for business process outsourcing. The country also has a strong industrial sector based on the manufacturing of electronics and other high-tech components for overseas corporations. The Philippines is rich in natural resources; it has significant reserves of chromite, nickel, copper, coal and oil. This page provides - Philippines GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Philippines contracted 0.20 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Philippines averaged 3.84 percent from 1982 until 2020, reaching an all time high of 12.40 percent in the fourth quarter of 1988 and a record low of -11.10 percent in the first quarter of 1985. Services are the biggest sector of the Filipino economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, storage and communication (8 percent); financial services (7 percent) and public administration, defense and social security (4 percent). Industry accounts for 31 percent of GDP. Within industry, manufacturing (22 percent of total GDP) and construction (5 percent) are the most important. Agriculture contributes the remaining 12 percent of GDP. This page provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines recorded a government budget deficit of 37595 PHP Million in February of 2020. Government Budget Value in Philippines averaged -6589.06 PHP Million from 1959 until 2020, reaching an all time high of 86872 PHP Million in April of 2019 and a record low of -251103 PHP Million in December of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Philippines Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Capacity Utilization in Philippines decreased to 84.45 percent in March from 84.56 percent in February of 2020. Capacity Utilization in Philippines averaged 81.37 percent from 1999 until 2020, reaching an all time high of 84.56 percent in February of 2020 and a record low of 74.30 percent in July of 2002. This page provides - Philippines Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Philippines increased to 5166622.67 PHP Million in the first quarter of 2020 from 2975936.04 PHP Million in the fourth quarter of 2019. Gross National Product in Philippines averaged 1742677.18 PHP Million from 1998 until 2020, reaching an all time high of 5166622.67 PHP Million in the first quarter of 2020 and a record low of 944320 PHP Million in the second quarter of 1998. This page provides - Philippines Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Philippines decreased to 100.50 points in the first quarter of 2020 from 199.02 points in the fourth quarter of 2019. GDP Deflator in Philippines averaged 100.39 points from 1981 until 2020, reaching an all time high of 199.02 points in the fourth quarter of 2019 and a record low of 12.87 points in the first quarter of 1981. This page provides - Philippines GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Philippines increased to 4450941.41 PHP Million in the first quarter of 2020 from 2654444 PHP Million in the fourth quarter of 2019. GDP Constant Prices in Philippines averaged 1115431.36 PHP Million from 1981 until 2020, reaching an all time high of 4450941.41 PHP Million in the first quarter of 2020 and a record low of 487413.68 PHP Million in the third quarter of 1985. This page provides - Philippines GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Philippines increased to 136407.28 PHP Million in the first quarter of 2020 from 76382 PHP Million in the fourth quarter of 2019. GDP From Utilities in Philippines averaged 61052.09 PHP Million from 2008 until 2020, reaching an all time high of 136407.28 PHP Million in the first quarter of 2020 and a record low of 42117.43 PHP Million in the first quarter of 2008. This page provides the latest reported value for - Philippines Gdp From Utilities - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Construction in Philippines increased to 625980.07 PHP Million in the first quarter of 2020 from 302777 PHP Million in the fourth quarter of 2019. GDP From Construction in Philippines averaged 172854.99 PHP Million from 2008 until 2020, reaching an all time high of 625980.07 PHP Million in the first quarter of 2020 and a record low of 85502.67 PHP Million in the first quarter of 2008. This page provides the latest reported value for - Philippines Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Manufacturing in Philippines increased to 877543.97 PHP Million in the first quarter of 2020 from 622014 PHP Million in the fourth quarter of 2019. GDP From Manufacturing in Philippines averaged 417554.20 PHP Million from 2008 until 2020, reaching an all time high of 877543.97 PHP Million in the first quarter of 2020 and a record low of 252377.26 PHP Million in the first quarter of 2009. This page provides the latest reported value for - Philippines Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Mining in Philippines increased to 35248.70 PHP Million in the first quarter of 2020 from 19734 PHP Million in the fourth quarter of 2019. GDP From Mining in Philippines averaged 19063.51 PHP Million from 2008 until 2020, reaching an all time high of 35248.70 PHP Million in the first quarter of 2020 and a record low of 10394.10 PHP Million in the third quarter of 2008. This page provides the latest reported value for - Philippines Gdp From Mining - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Philippines stands at BBB+ with stable outlook. Moody's credit rating for Philippines was last set at Baa2 with stable outlook. Fitch's credit rating for Philippines was last reported at BBB with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Philippines thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Philippines as reported by major credit rating agencies.

Import Prices in Philippines decreased to 99.42 Price Index in the first quarter of 2020 from 119.91 Price Index in the fourth quarter of 2019. Import Prices in Philippines averaged 80.68 Price Index from 1981 until 2020, reaching an all time high of 138.30 Price Index in the fourth quarter of 2006 and a record low of 11.46 Price Index in the first quarter of 1981. This page provides - Philippines Import Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Philippines decreased to 98.75 Price Index in the first quarter of 2020 from 105.82 Price Index in the fourth quarter of 2019. Export Prices in Philippines averaged 73.58 Price Index from 1981 until 2020, reaching an all time high of 133.52 Price Index in the fourth quarter of 2004 and a record low of 8.57 Price Index in the fourth quarter of 1981. This page provides - Philippines Export Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Philippines increased to 190728.67 PHP Million in the first quarter of 2020 from 125406 PHP Million in the fourth quarter of 2019. GDP From Public Administration in Philippines averaged 65375.67 PHP Million from 1998 until 2020, reaching an all time high of 190728.67 PHP Million in the first quarter of 2020 and a record low of 43289.41 PHP Million in the third quarter of 1999. This page provides - Philippines Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines recorded 10610 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines reported 696 Coronavirus Deaths. This page includes a chart with historical data for Philippines Coronavirus Cases.

Philippines recorded 704 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines reported 10610 Coronavirus Cases. This page includes a chart with historical data for Philippines Coronavirus Deaths.

Philippines recorded 1842 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Philippines reported 704 Coronavirus Deaths. This page includes a chart with historical data for Philippines Coronavirus Recovered.

Philippines recorded a trade deficit of 2380460 USD Thousand in March of 2020. Balance of Trade in Philippines averaged -425017.26 USD Thousand from 1957 until 2020, reaching an all time high of 1144700 USD Thousand in September of 1999 and a record low of -4415446.66 USD Thousand in October of 2018. Philippines has been running annual trade deficits due to high imports of raw materials and intermediate goods. In 2013, the biggest trade deficits were recorded with: Taiwan, Saudi Arabia, Thailand and South Korea while the biggest trade surpluses with: Japan, Hong Kong and the United States. This page provides the latest reported value for - Philippines Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Philippines stands at 7.67 percent. Social Security Rate For Companies in Philippines averaged 7.41 percent from 2006 until 2018, reaching an all time high of 7.67 percent in 2014 and a record low of 6.24 percent in 2006. In Philippines, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Philippines because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Philippines Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Philippines was estimated at 108.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Philippines had a population of 26.3 million people. The population of Philippines represents 1.37 percent of the world´s total population which arguably means that one person in every 74 people on the planet is a resident of Philippines. This page provides - Philippines Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines is ranked 95 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Philippines improved to 95 in 2019 from 124 in 2018. Ease of Doing Business in Philippines averaged 118.58 from 2008 until 2019, reaching an all time high of 144 in 2009 and a record low of 95 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Philippines.

Consumer Spending in Philippines increased to 3314513.21 PHP Million in the first quarter of 2020 from 1888717.55 PHP Million in the fourth quarter of 2019. Consumer Spending in Philippines averaged 776380.63 PHP Million from 1981 until 2020, reaching an all time high of 3314513.21 PHP Million in the first quarter of 2020 and a record low of 305524.42 PHP Million in the first quarter of 1981. This page provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Philippines increased to 563543.97 PHP Million in the first quarter of 2020 from 280571.37 PHP Million in the fourth quarter of 2019. Government Spending in Philippines averaged 124248.91 PHP Million from 1981 until 2020, reaching an all time high of 563543.97 PHP Million in the first quarter of 2020 and a record low of 62728.31 PHP Million in the first quarter of 1986. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Philippines Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Philippines increased to 776798 in December from 684063 in November of 2019. Tourist Arrivals in Philippines averaged 271788.28 from 1991 until 2019, reaching an all time high of 776798 in December of 2019 and a record low of 63628 in February of 1991. This page provides - Philippines Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The PSEi fell 31 points, or 0.6% to 5,622 on Friday, reversing from a 0.3% gain in the previous session, amid growing concerns over a further contraction in the second quarter of the year after the Philippine economy shrank by 0.2% in the first quarter, the worst in 22 years. On Thursday, the global rating agency Fitch revised the revised Philippines credit outlook to 'stable' from 'positive' and affirmed its debt grade at BBB. Meanwhile, signs of easing tensions between the US and China helped to curb losses. Declines were led by property stocks (-1.2%), financials (-1.1%), and services (-0.2%); while a rise in oil prices helped mining and oil stocks to rise by 0.2%. For the week, the PSEi lost 1.4%. Historically, the Philippines Stock Market (PSEi) reached an all time high of 9078.37 in January of 2018. The Philippine Stock Exchange Composite Index (PSEi) is a major stock market index which tracks the performance of the most representative companies listed on The Philippine Stock Exchange. It is a free-float, capitalization-weighted index. The PSEi has a base value of 2922.21 as of September 30, 1994.

Leading Economic Index Philippines increased 0.04 percent in March of 2014 over the same month in the previous year. Leading Economic Index in Philippines averaged -0.02 percent from 1983 until 2014, reaching an all time high of 0.64 percent in the first quarter of 2008 and a record low of -0.63 percent in the third quarter of 2009. In Philippines, the Composite Leading Economic Index serve as basis for short-term forecasting of the macroeconomic activity in the country, based on an empirical observation of cycles of many economic data series related to the cycles of total business activity. The composite computation uses reference series from 11 leading economic indicators: consumer price index, electric energy consumption, exchange rate, hotel occupancy rate, money supply, number of new business incorporations, stock price index, terms of trade index, total merchandise imports, visitor arrivals, and wholesale price index. This page provides - Philippines Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Philippines increased to 61.71 percent in the first quarter of 2020 from 61.47 percent in the fourth quarter of 2019. Labor Force Participation Rate in Philippines averaged 65.01 percent from 1990 until 2020, reaching an all time high of 71.50 percent in the second quarter of 1990 and a record low of 60.10 percent in the third quarter of 2018. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Philippines Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Philippines increased to 88995.87 USD Million in March from 88186.97 USD Million in February of 2020. Foreign Exchange Reserves in Philippines averaged 17683.48 USD Million from 1960 until 2020, reaching an all time high of 88995.87 USD Million in March of 2020 and a record low of 44.07 USD Million in December of 1961. In Philippines, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Philippines Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Naphtha decreased 325.51 USD/T or 60.72% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Naphtha reached an all time high of 1180.47 in July of 2008. Naphtha is a flammable liquid that can be used as fuel, metal cleaner, high-octane gas and as petrochemical in production of plastics. Naphtha prices are highly correlated with crude oil as it is generally produced during the refining of crude oil. Each contract represents 1,000 metric tons. The Naphtha prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

Deposit Interest Rate in Philippines decreased to 2.25 percent in April from 2.75 percent in March of 2020. Deposit Interest Rate in Philippines averaged 3.10 percent from 2016 until 2020, reaching an all time high of 4.25 percent in October of 2018 and a record low of 2.25 percent in April of 2020. In Philippines, the standing overnight deposit facility will absorb any residual system liquidity to prevent market interest rates from falling below the corridor. Interest rate for the O/N deposit facility is the RRP rate minus 50 bps (0.50 percentage point). The interest rate for the O/N deposit facility serves as a floor for the O/N interbank rate. This page includes a chart with historical data for Deposit Interest Rate in Philippines.

The Sales Tax Rate in Philippines stands at 12 percent. Sales Tax Rate in Philippines averaged 11.87 percent from 2006 until 2020, reaching an all time high of 12 percent in 2007 and a record low of 10 percent in 2006. In Philippines, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Philippines. This page provides - Philippines Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.