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461.6B USD
GDP (Nominal)
Growing at 5.7%
$3,985
GDP Per Capita
Developing economy
115.8M
Population
+0.8% annual growth
3.2%
Inflation
Moderate
66%of GDP
Trade Openness
2%of GDP
FDI Inflows
—
Public Debt
2.2%
Unemployment
$-66.2B
Trade Balance
Billion USD, nominal
$461.6B
Annual %
5.7%
Consumer prices, annual %
3.2%
Millions
115.8M
BPO & Services
8% of GDP
88
growing
Remittances
9% of GDP
82
stable
Manufacturing
18% of GDP
65
growing
Real Estate
5% of GDP
62
growing
Philippines scores 55/100 on the NationsData Investment Index, rated "Moderate". The economy is growing at 5.6%, offering expanding market opportunity. Business setup takes approximately 64 days with a corporate tax rate of 25%.