Basic statistics of the Philippines, 2024
Copy link to Basic statistics of the Philippines, 2024(Numbers in parentheses refer to the OECD average)
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LAND, PEOPLE AND ELECTORAL CYCLE |
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|---|---|---|---|---|---|
|
Population (million) |
115.8 |
Population density per km² |
388.5 |
(39.6) |
|
|
Under 15 (%,) |
27.9 |
(16.7) |
Life expectancy at birth (years, 2023) |
69.8 |
(80.2) |
|
Over 65 (%) |
5.5 |
(18.6) |
Men (2023) |
66.9 |
(77.6) |
|
International migrant stock (% of population) |
0.1 |
(15.7) |
Women (2023) |
72.8 |
(82.8) |
|
Latest 5-year average growth (%) |
0.9 |
(0.5) |
Latest general election |
May 2025 |
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ECONOMY |
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Gross domestic product (GDP) |
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Value added shares (%)3 |
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|
In current prices (billion USD) |
461.6 |
Agriculture, forestry and fishing |
9.1 |
(2.6) |
|
|
In current prices (billion PHP) |
26 446.4 |
Industry including construction |
27.7 |
(26.0) |
|
|
Latest 5-year average real growth (%)4 |
2.8 |
(1.8) |
Services |
63.2 |
(71.4) |
|
Per capita (thousand USD PPP, OECD: 2023)1 |
12.1 |
(59.0) |
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GENERAL GOVERNMENT |
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Expenditure |
24.9 |
(42.7) |
Gross financial debt |
56.6 |
(112.5) |
|
Revenue |
21.2 |
(37.9) |
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EXTERNAL ACCOUNTS |
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|
Exchange rate (PHP per USD) |
57.27 |
|
Main exports (% of total merchandise exports) |
|
|
|
PPP exchange rate (USA = 1) |
19.35 |
|
Machinery and electronics |
60.1 |
|
|
In per cent of GDP |
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Vegetable |
6.5 |
|
|
|
Exports of goods and services |
25.8 |
(30.3) |
Miscellaneous |
6.4 |
|
|
Imports of goods and services |
40.1 |
(29.9) |
Main imports (% of total merchandise imports) |
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|
Current account balance |
-4.0 |
(-0.4) |
Machinery and electronics |
28.8 |
|
|
Net international investment position |
-12.3 |
Fuels |
15.0 |
|
|
|
|
Transportation |
8.8 |
|
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LABOUR MARKET, SKILLS AND INNOVATION |
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Employment rate5 (aged 15 and over, %, 2023, OECD: 2024) |
59.0 |
(58.0) |
Unemployment rate, Labour Force Survey (aged 15 and over, %, 2023, OECD: 2024) |
2.4 |
(4.9) |
|
Men (2023, OECD: 2024) |
69.4 |
(65.4) |
Youth (aged 15-24, %, 2023, OECD: 2024) |
6.9 |
(11.1) |
|
Women (2023, OECD: 2024) |
48.6 |
(51.0) |
Long-term unemployed (1 year and over, %, 2023, OECD: 2024) |
0.0 |
(1.0) |
|
Participation rate (aged 15 and over, %, 2023, OECD: 2024) |
60.4 |
(61.0) |
Tertiary educational attainment (aged 25-64, %, 2022, OECD: 2024)² |
24.8 |
(41.2) |
|
Mean weekly hours worked (2023, OECD: 2024) |
40.0 |
(37.0) |
Gross domestic expenditure on R&D (% of GDP, 2018, OECD: 2022) |
0.3 |
(3.0) |
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ENVIRONMENT |
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|
Total primary energy supply per capita (toe, 2023, OECD: 2024) |
0.6 |
(3.7) |
CO₂ emissions from fuel combustion per capita (tonnes, 2023, OECD: 2024) |
1.4 |
(7.5) |
|
Renewables (%, 2023, OECD: 2024) |
32.8 |
(13.1) |
Renewable internal freshwater resources per capita (1 000 m³, 2022) |
4.2 |
|
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Exposure to air pollution (more than 10 μg/m³ of PM 2.5, % of population, 2020) |
98.9 |
(56.5) |
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SOCIETY |
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Income inequality (Gini coefficient, 2023, OECD: latest available) |
0.393 |
(0.315) |
Education outcomes (PISA 2022 score) |
|
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Poverty gap at USD 3.65 a day (2017 PPP, %, 2023) |
3.7 |
Reading |
347 |
(476) |
|
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Mathematics |
355 |
(472) |
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Public and private spending (% of GDP) |
|
Science |
356 |
(485) |
|
|
Health care (2023, OECD: 2024) |
5.1 |
(9.3) |
Share of women in parliament (%) |
27.3 |
(33.3) |
|
Education (public spending, OECD: 2022 or latest year available) |
3.9 |
(5.0) |
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Note: The year is indicated in parenthesis if it deviates from the year in the main title of this table. Where the OECD aggregate is not provided in the source database, a simple OECD average of latest available data is calculated where data exist for at least 80% of member countries
1. OECD aggregate refers to weighted average.
2. For Philippines, data refers to aged 25 and over.
3. Data from World Bank WDI at current PHP.
4. Compound annual growth rate rather than the arithmetic mean of annual growth rates.
5. Ratio of employment to population aged 15 and over.
Source: Calculations based on data extracted from databases of the following organisations: OECD, International Energy Agency, International Labour Organisation, International Monetary Fund, United Nations, World Bank.