PHILIPPINES 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 84.7 86.3 87.9 89.4 91.0 92.6 94.2 95.8 282.3 287.6 292.8 298.1 303.4 308.7 314.0 319.2 1.9 1.9 1.8 1.8 1.8 1.7 1.7 1.7 48.0 48.2 48.3 48.4 48.5 48.6 48.9 … 34938 7.9 35464 8.0 36213 7.3 36805 7.4 37894 7.5 38894 7.3 40004 7.0 40432 7.0 5678 103.1 1473 26.7 7150 129.8 1217.1 6271 122.2 1612 31.4 7883 153.6 1416.6 6893 149.4 1741 37.7 8634 187.1 1700.2 7721 174.2 2055 46.4 9776 220.6 1947.7 8026 168.3 2626 55.1 10652 223.4 1849.4 9003 199.6 1849 41.0 10852 240.6 2155.4 9706 224.1 1892 43.7 11598 267.8 2379.3 10565 250.2 2044 48.4 12609 298.6 2612.3 12.7 33.8 53.5 12.4 33.5 54.1 12.5 33.1 54.5 13.2 32.9 53.9 13.1 31.7 55.2 12.3 32.6 55.1 12.7 31.3 55.9 11.8 31.1 57.1 74.5 9.4 75.0 9.0 74.6 9.2 73.5 9.3 74.3 8.8 74.7 9.9 71.6 9.7 73.5 9.7 74.2 10.5 21.6 48.6 54.1 0.0 21.6 46.1 51.7 0.0 18.0 46.6 48.4 0.0 17.3 43.3 43.4 0.0 19.3 36.9 39.4 0.0 16.6 32.2 33.4 0.0 20.5 34.8 36.6 0.0 20.5 32.0 35.6 0.0 18.5 30.8 34.0 0.0 POPULATION Total population million; as of July 78.4 79.9 81.5 83.1 Population density persons per square kilometer 261.2 266.5 271.7 277.0 Population annual change, percent 2.1 2.0 2.0 1.9 Urban population percent of total population 48.0 48.0 48.0 48.0 LABOR FORCE thousand; calendar year 32809 33936 34571 35862 | Unemployment rate percent 11.1 11.4 11.4 11.8 NATIONAL ACCOUNTS billion Pesos; calendar year, At Current Prices GDP by industrial origin at current market prices 3889 4198 4548 5120 US$-tỷ 76.3 81.4 83.9 91.4 Net factor income from abroad 705 781 1023 1185 US$ 13.8 15.1 18.9 21.1 GNI at current market prices 4594 4979 5571 6305 US$ 90.1 96.5 102.8 112.5 GDP/đầu người 973.3 1017.8 1029.3 1099.5 Structure of Output percent of GDP at current market prices Agriculture 13.2 13.1 12.7 13.3 Industry 34.5 34.6 34.6 33.8 Services 52.3 52.3 52.7 52.9 Structure of Demand percent of GDP at current market prices Private consumption 73.6 73.9 74.4 Government consumption 11.1 10.6 10.2 Gross domestic capital formation 22.1 24.5 23.0 Exports of goods and services 46.0 46.7 47.2 Imports of goods and services 52.9 55.7 54.7 Statistical discrepancy 0.0 0.0 0.0 Growth of Output annual change, percent GDP 2.9 3.6 5.0 Savings and Investment percent of GDP at current market prices Gross domestic saving 15.3 15.5 15.4 Gross national saving 42.4 43.6 47.9 Gross domestic capital formation 22.1 24.5 23.0 ENERGY annual values Crude petroleum thousand metric tons Production 124 Exports 48 Imports 17719 Consumption 18201 Coal thousand metric tons Production 1111 Exports – Imports 7601 Consumption 8545 Electricity million kilowatthours Production 47049 Consumption 39140 Price Indexes annual change, percent Consumer price index Food price index Wholesale price index Implicit GDP deflator Interest Rates percent per annum; period averages On deposits Savings Time: months 12 months On loans and discounts 6.7 4.8 5.2 6.6 4.2 1.1 7.6 3.6 6.8 16.1 49.3 15.9 52.9 16.2 52.7 17.2 52.0 16.8 52.2 15.5 57.9 18.7 47.6 16.8 44.5 15.3 42.3 21.6 21.6 18.0 17.3 19.3 16.6 20.5 20.5 18.5 850 529 14924 15014 797 773 14516 14711 722 700 11616 11664 920 887 12342 12600 843 814 12416 12267 944 915 11794 11921 153 972 10980 10679 464 1172 7959 8538 486 1194 10588 10478 370 1196 11042 11015 260 922 10307 9919 1522 – 5930 8008 1857 – 5935 8153 2484 – 6410 8586 2879 – 6656 10075 2305 – 7203 9547 3401 799 7729 10215 3609 893 9078 12043 4687 1994 7027 11494 6650 4099 10966 13306 6881 2736 10963 14639 7349 3173 11895 15317 48467 38625 52941 42720 55957 44076 56568 45159 56784 45672 59612 48009 60821 49206 61934 50868 67743 55266 69176 56098 72340 58181 5.3 3.7 7.8 5.5 2.7 2.0 5.0 4.2 2.3 1.0 5.0 3.2 4.8 6.0 8.4 5.5 6.5 6.4 11.4 5.8 5.5 5.2 8.3 4.9 2.9 3.7 3.2 3.1 8.3 13.0 11.9 7.5 4.2 6.2 -4.2 2.8 3.8 4.0 5.9 4.2 4.6 5.5 8.7 4.0 3.2 2.3 1.1 1.9 7.5 9.7 10.8 12.4 4.2 6.4 9.2 8.9 4.2 5.3 8.0 9.5 4.3 5.9 8.2 10.1 3.8 5.4 6.0 10.1 3.5 4.9 5.0 9.7 2.2 3.6 3.1 8.7 2.2 3.8 4.0 8.8 2.1 2.8 2.5 8.5 1.6 2.9 2.1 7.7 1.6 2.1 2.0 6.6 1.3 2.6 1.8 5.7 Government Finance percent of GDP at current market prices Total revenue 14.5 13.8 14.0 Taxes 12.7 12.1 12.1 Total expenditure 18.3 18.7 18.3 Overall budgetary surplus/deficit -3.8 -5.0 -4.4 EXTERNAL TRADE million US Dollars; calendar year Exports, fob 32150 35208 Imports, cif 34939 41092 Trade balance -2789 -5884 Direction of Trade million US Dollars; calendar year Exports, total 32155 35219 Japan 5057 5293 United States 8994 8691 China, People's Rep of 793 1356 Singapore 2308 2472 Hong Kong, China 1580 2359 Netherlands 2976 3055 Korea, Rep of 1044 1339 Germany 1323 1386 Thailand 1358 1083 10 Malaysia 1112 1653 Imports, total 33059 35435 United States 6412 7289 Japan 6633 7233 China, People's Rep of 975 1252 Singapore 2073 2311 Korea, Rep of 2082 2754 Thailand 925 1052 Saudi Arabia 887 1000 Malaysia 1080 1293 Indonesia 760 765 10 Hong Kong, China 1335 1583 BALANCE OF PAYMENTS million US Dollars; calendar 13.8 11.8 17.3 14.4 12.4 16.9 15.6 13.7 16.7 16.5 13.5 16.7 15.6 13.6 16.3 14.0 12.2 17.7 13.4 12.1 16.8 14.0 12.3 15.8 14.5 12.9 16.6 -3.7 -2.6 -1.0 -0.2 -0.9 -3.7 -3.5 -2.0 -2.3 36231 42576 -6345 39681 46102 -6422 41255 49487 -8233 47410 54078 -6668 50466 57996 -7530 49078 60420 -11342 38436 45878 -7442 51498 58468 -6970 48305 64097 -15792 51995 65386 -13391 36237 5768 7275 2145 2431 3094 2922 1314 1219 1234 2463 37510 7407 7640 1798 2542 2401 1361 1198 1359 829 1601 39690 7983 7209 2653 2631 3146 3583 1113 1436 1064 2070 44044 8276 7674 2659 3421 2740 1572 1275 1981 939 1739 41224 7203 7429 4077 2706 3339 4032 1391 1346 1169 2457 47420 9105 8071 2973 3727 2294 1583 2182 1779 1003 1929 46991 7741 8608 4617 3449 3676 4753 1408 1775 1325 2616 51539 8404 7004 3672 4356 3218 2089 2981 2100 990 2065 50483 7304 8601 5750 3139 5804 4150 1784 2149 1403 2507 55514 7843 6842 4001 6219 3278 2277 3526 2283 1250 2219 49148 7707 8216 5469 2607 4987 3708 2523 2440 1509 1958 60432 7738 7122 4561 6218 3129 2998 5154 2583 1602 2102 39530 6392 6924 2986 2616 3297 3712 1862 2579 1275 1358 45882 5488 5765 4060 3931 3161 2596 1558 1787 1915 1548 51643 7828 7568 5702 7331 4334 2429 2228 2657 1784 1397 54723 5865 6747 4609 5184 3828 3866 2407 2438 2235 1468 48189 8866 7107 6102 4278 3699 1745 2196 1729 1904 1099 60149 6505 6510 6059 4893 4392 3462 3223 2635 2372 1511 52003 9881 7406 6159 4864 4776 1551 2862 1957 2446 1018 61715 7121 6446 6663 4403 4504 3447 3432 2494 2732 1465 year Current account -1750 -282 285 1625 Capital account 62 27 54 17 Financial account 849 1029 672 -1647 Net errors and omissions 637 36 -896 -275 Change in NFA–commercial banks -352 -625 -606 -179 Monetization of gold Overall balance -202 810 115 -280 Changes in reserves 202 -810 -115 280 INTERNATIONAL RESERVES million US Dollars; as of end of period Total 15692 16365 17063 16228 Gold, national valuation 2216 3036 3408 3112 Foreign exchange 13353 13201 13523 12980 Reserve position in the Fund 110 119 130 136 SDRs 14 10 EXCHANGE RATES Pesos per US Dollar End of period 51.40 53.10 55.57 56.27 Average of period 50.99 51.60 54.20 56.04 EXTERNAL INDEBTEDNESS External debt percent of GNI Total long-term debt percent of total debt Short-term debt percent of total debt Debt service percent of exports of goods and services 1980 40 2189 -1799 5341 138 -118 -1592 7112 24 3503 -2082 3627 53 -1702 -1889 9358 104 -1731 -1310 8922 98 7290 -2002 6970 130 -5610 -1310 7126 136 -6131 -4157 -1531 2410 -2410 -4368 3769 -3769 -1025 8557 -8557 3005 89 -89 -3752 6421 -6421 5059 … 14308 -14308 -5114 11400 11400 -3896 9236 9236 18494 2568 15800 22967 2941 19891 33751 3541 30071 37551 4358 33047 44243 5460 37504 62373 7010 53991 75302 8013 65700 83831 10353 71656 125 132 138 135 11 138 1141 251 1121 472 1118 534 1288 53.07 55.09 49.13 51.31 41.40 46.15 47.49 44.32 46.36 47.68 43.89 45.11 43.93 43.31 41.19 42.23 76.6 74.2 75.1 67.0 60.2 50.1 44.6 37.5 38.3 36.9 33.6 … 86.1 87.7 88.0 90.2 88.8 91.4 89.0 89.0 91.7 89.7 89.1 … 10.3 9.3 9.8 8.3 10.3 8.3 10.7 10.7 6.2 8.5 9.2 … 24.7 24.8 24.3 24.7 26.9 30.1 19.8 23.3 20.9 21.8 17.6 …