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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 archipelago nation in Southeast Asia, characterized by a large, young population and a rapidly growing service sector, particularly business process outsourcing. The country faces challenges including infrastructure gaps, poverty, and vulnerability to natural disasters.
Leadership
Ferdinand Marcos Jr.
President
GOVERNMENT: Presidential Republic
Sara Duterte
Enrique Manalo
Ralph Recto
Economy
GDP
$575.0B
GDP per Capita
$5.0K
GDP Growth
+6.5%
Inflation
3.5%
Unemployment
4.5%
Services (BPO, Tourism)Manufacturing (Electronics)AgricultureRemittances
Trade
Key Exports
Electronic ProductsSemiconductorsMachineryGarmentsCoconut Oil
Key Imports
Electronic ProductsMineral FuelsMachineryTransport EquipmentIron and Steel
Top Partners
ChinaUSAJapanSouth KoreaSingapore