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Philippines
Philippines · PHL · Southeast Asia
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
The Philippines, an archipelago nation, is experiencing robust economic growth driven by domestic consumption and remittances, alongside a burgeoning BPO sector. Geopolitically, it navigates complex relations with China over the South China Sea disputes while strengthening alliances with the US and other regional partners. Infrastructure development remains a key priority.
Leadership
Ferdinand Marcos Jr.
President
Government: Presidential Republic
Enrique Manalo
Ralph Recto
Gilberto Teodoro Jr.
Economy
GDP
$575.0B
GDP per Capita
$5.0K
GDP Growth
+6.2%
Inflation
3.2%
Unemployment
4.2%
Services (BPO, tourism)ManufacturingAgricultureMiningConstruction
Trade
Key Exports
Electronic productsSemiconductorsGarmentsCoconut oilMineral products
Key Imports
Electronic productsMineral fuelsMachineryTransport equipmentIron and steel
Top Partners
ChinaUSAJapanSouth KoreaSingapore
Headlines (8)
The Manila Times13h ago
VP Sara should air defense in impeachment court, not through public statements - Palace
Read moreThe Independent13h ago
Alexandra Eala’s Wimbledon fairytale ends in battling defeat to Jasmine Paolini
Read moreThe Manila Times13h ago