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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
The Philippines is the 8th-largest rice producer in the world, accounting for 2.8% of global rice production. [1] The Philippines was also the world's largest rice importer in 2010. [ 2 ] [ needs update ] There are an estimated 2.4 million rice farmers in the Philippines as of 2020.
The Philippines is a major source of female domestic workers. Before the 1990s, the majority of Filipinos working outside the Philippines were male, but by 2012, an estimated 63% of Filipinos working overseas were female. [19] Estimates of Filipino women working overseas are in the millions.
Airbnb tumbled more than 14% after it reported a 15% decline in second quarter profit and told investors that it saw some signs of slowing demand in the U.S. The online vacation rental booker's ...
The established actor, who plays a jaded private detective in the Ti West film, shares his advice for up-and-coming stars.
For example, Eurostat uses 15 to 74 years old when calculating unemployment rate, and the Bureau of Labor Statistics uses anyone 16 years of age or older (in both cases, people who are under education, retired, on maternity/paternity leave, prevented from working due to health, or do not work but have been inactive in seeking employment in the ...
She wants to be the baby!
This is a list of regions and provinces of the Philippines by poverty rate as of 2021. The international poverty rate used by the World Bank is used in the following list. The national poverty rate of the Philippines was estimated to be at 22.4% in early 2023.