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Tuesday, 21 November 2006
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Economics
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Currency and conversion rate

 

1 Philippine peso (P) = 100 centavos
1 € = P 56.91 (August 2010)

Economic indicators

 

Gross domestic product (GDP)
2005
2006 2007 2008
2009
in P billion 5,444.0 6,031.2
6,647.3 7,423.2 7,669.1
in € billion
85.5 90.2
105.8
112.5
127.6
Real growth in %
5.0
5.3
7.1 3.7
1.1

GDP per head

2005
2006
2007 2008
2009
in P 63,851
69,346
74,936

82,063

83,155
in €
1,002
1,037
1193
1,243
1,384
Real growth in %
2.1
1.4
2.9
1.0
0.4

 

Inflation Rate 2005
2006
2007
2008
2009
in %
7.6 6.2 2.8 9.3 3.2

 


Economic sectors: share in GDP

 

Farming sector (approx. 18%)

Agriculture and forestry, fisheries 18.4%

Industry (approx. 33%)

Manufacturing
23.4%
Construction
4.4%
Public utilities
3.7%
Mining
1.2%

 

Service sector (approx. 49%)

Trade
14.4%
Private services
10.8%
Transport, logistics, communication
7.7%
Public administration
7.6%
Financial services
5.0%
Property
3.9%

 



Last Updated ( Monday, 04 October 2010 )