View the Moody's Analytics Asia Forecast. Weakened global demand weighs on trade and industrial production in APAC. China’s about-face on its approach to containing COVID-19 adds further near-term certainty. A rebound is expected in the second half of the year as China emerges from its COVID-19 wave and the European and North American economies improve. Risks still prevail for continued tight financial conditions; inflation’s path and...
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GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2022 Q4 | 4,199,818 | 3,506,111 | Mil. 2018 PHP, NSA | Quarterly |
Real Government Consumption | 2022 Q4 | 1,212,023 | 1,114,213 | Mil. 2018 PHP, NSA | Quarterly |
Real Investment | 2022 Q4 | 1,190,179 | 1,037,042 | Mil. 2018 PHP, NSA | Quarterly |
Private Consumption | 2019 Q4 | 3,890,831 | 3,342,715 | Mil. PHP, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2019 Q4 | 1,300,495 | 1,265,943 | Mil. PHP, NSA | Quarterly |
Investment | 2019 Q4 | 1,265,058 | 1,195,786 | Mil. PHP, NSA | Quarterly |
Real Gross Domestic Product | 2019 Q4 | 2,654,444 | 2,354,300 | Mil. 2000 PHP, NSA | Quarterly |
Government Consumption | 2019 Q4 | 676,509 | 576,881 | Mil. PHP, NSA | Quarterly |
Nominal Gross Domestic Product | 2019 Q4 | 5,282,837 | 4,497,694 | Mil. PHP, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2017 | 2,486,529,761,500 | 2,254,360,765,800 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Producer Price Index (PPI) | Dec 2022 | 97.74 | 98.59 | Index 2018=100, NSA | Monthly |
Consumer Price Index (CPI) | Dec 2022 | 119.4 | 119 | Index 2018=100, NSA | Monthly |
Wholesale Price Index | Nov 2022 | 131.6 | 131.1 | Index 2012=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Total Employment | Nov 2022 | 49,705 | 47,106 | Ths. #, NSA | Monthly |
Unemployment Rate | Nov 2022 | 4.2 | 4.54 | %, NSA | Monthly |
Labor Force Employment | Nov 2022 | 49,705 | 47,106 | Ths. #, NSA | Monthly |
Unemployment | Nov 2022 | 2,176 | 2,241 | Ths. #, NSA | Monthly |
Real Wages & Salaries | 2019 Q4 | 3,122,281 | 2,822,810 | 2000 price Mil. PHP, NSA | Quarterly |
Agriculture Employment | 2017 | 11,589,853 | 11,807,387 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Real Exports of Goods and Services | 2022 Q4 | 1,433,335 | 1,528,226 | Mil. 2018 PHP, NSA | Quarterly |
Real Imports of Goods and Services | 2022 Q4 | 1,920,922 | 2,040,132 | Mil. 2018 PHP, NSA | Quarterly |
Exports of Goods | Sep 2022 | 5,378 | 4,662 | Mil. USD, NSA | Monthly |
Current Account Balance | Sep 2022 | -1,034 | -2,591 | Mil. USD, NSA | Monthly |
Balance of Goods | Sep 2022 | -5,672 | -6,945 | Mil. USD, NSA | Monthly |
Imports of Goods | Sep 2022 | 11,050 | 11,607 | Mil. USD, NSA | Monthly |
Imports of Goods and Services | 2019 Q4 | 1,876,352 | 2,021,780 | Mil. PHP, NSA | Quarterly |
Net Exports | 2019 Q4 | -513,324 | -573,563 | Mil. PHP, NSA | Quarterly |
Real Net Exports | 2019 Q4 | -276,710 | -185,663 | Mil. 2000 PHP, NSA | Quarterly |
Exports of Goods and Services | 2019 Q4 | 1,363,027 | 1,448,216 | Mil. PHP, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Budget Balance | Nov 2022 | -123,929 | -99,061 | Mil. PHP, NSA | Monthly |
Outstanding Public Debt - Domestic | Nov 2022 | 18,792 | 23,301 | Mil. PHP, NSA | Monthly |
Outstanding Public Debt - Foreign | Nov 2022 | 42,597 | 16,516 | Mil. PHP, NSA | Monthly |
Gross External Debt | 2022 Q3 | 107,909 | 107,692 | Mil. USD, NSA | Quarterly |
Outstanding Public Debt | 2022 Q3 | 3,346,164,734,900 | 3,174,438,895,700 | NCU, NSA | Quarterly |
Government Revenues | Aug 2022 | 332,440 | 308,632 | Mil. PHP, NSA | Monthly |
Government Expenditures | Aug 2022 | 404,476 | 395,395 | Mil. PHP, NSA | Monthly |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 02 Feb 2023 | 6,986 | 7,035 | Index, NSA | Business Daily |
Treasury Bills (over 31 days) | Dec 2022 | 4.34 | 4.67 | % p.a., NSA | Monthly |
Money Market Rate | Dec 2022 | 5.33 | 4.6 | % p.a., NSA | Monthly |
Average Long-term Government Bond | Aug 2022 | 3.72 | 3.33 | % p.a., NSA | Monthly |
Lending Rate | 31 Dec 2018 | 4.75 | 4.75 | % p.a., NSA | Daily |
Real Estate | Reference | Last | Previous | Units | Frequency |
Non-residential Building Permits | 2022 Q1 | 6,145 | 5,816 | #, NSA | Quarterly |
Building Permits | 2022 Q1 | 37,270 | 38,263 | #, NSA | Quarterly |
Residential Building Permits | 2022 Q1 | 26,546 | 27,998 | #, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | 2022 Q4 | -14.57 | -12.92 | Index, NSA | Quarterly |
Retail Sales | 2020 Q4 | 3,174,377 | 3,812,656 | Tons, NSA | Quarterly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | 2022 Q4 | 23.87 | 26.08 | Index Number, NSA | Quarterly |
Real Change in Inventories | 2022 Q4 | 21,510 | 77,030 | Mil. 2018 PHP, NSA | Quarterly |
Industrial Production | Nov 2022 | 104.46 | 101.19 | Vol. Index 2018=100, NSA | Monthly |
Change in Inventories | 2019 Q4 | -35,437 | -70,157 | Mil. PHP, NSA | Quarterly |
Capacity Utilization | 2015 | 81.8 | % | Annual | |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2025 | 115,377,992 | 114,163,719 | # | Annual |
Births | 2020 | 1,528,684 | 1,673,923 | # | Annual |
Deaths | 2020 | 613,936 | 620,414 | # | Annual |
Birth Rate | 2016 | 23.21 | 23.45 | # per Ths. pop. | Annual |
Death Rate | 2016 | 6.52 | 6.5 | # per Ths. pop. | Annual |
Net Migration | 2012 | -650,000 | # | Annual |