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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

'We are victorious' - Luistro

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The Manila Times13h ago

VP Sara should air defense in impeachment court, not through public statements - Palace

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The Independent13h ago

Alexandra Eala’s Wimbledon fairytale ends in battling defeat to Jasmine Paolini

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The Manila Times13h ago

Pulong Duterte hopes impeachment trial will 'finally' let truth emerge

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The Canberra Times14h ago

Polished Paolini progresses, spoils Philippines parties

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The Manila Times15h ago

WPS event marks 10 years since PH arbitration win

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The Manila Times15h ago

Philippines, Malaysia expand cooperation on skills training

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The Manila Times15h ago

Ford opens state-of-the-art learning center

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