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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 ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
The Philippines is an emerging market and a newly industrialized country, whose economy is transitioning from being agricultural to service- and manufacturing-centered. It is a founding member of the United Nations , the World Trade Organization , ASEAN , the Asia-Pacific Economic Cooperation forum, and the East Asia Summit ; it is a member of ...
This article includes a list of countries of the world and their Gross National Income (GNI) (formerly GNP) per capita at purchasing power parity (PPP) in 2022, as reported by the World Bank. [1] Countries by GNI (PPP) per capita in 2020.
Economic history of the Philippines (1965–1986) Real GDP per capita development of the Philippines, 1965 to 1986. The 21-year period of Philippine economic history during Ferdinand Marcos’ regime – from his election in 1965 until he was ousted by the People Power Revolution in 1986 – was a period of significant economic lows. [1] [2] [3 ...
Country GNI per capita (US$) [2] Year High Income Economies: 2023 – Bermuda (UK) 134,640: 2022 1 Liechtenstein 116,600: 2009 2 Norway 102,460: 2023 3 Switzerland 95,160: 2023 4 Luxembourg
The gross national income ( GNI ), previously known as gross national product ( GNP ), is the total domestic and foreign financial output claimed by residents of a country, consisting of gross domestic product ( GDP ), plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents. [2] : 44.
According to the 2012 World Wealth Report, the Philippines was the fastest growing economy in the world in 2010 with a GDP growth of 7.3% driven by the growing business process outsourcing and overseas remittances. [78] The country slipped to 3.6% in 2011 after the government placed less emphasis on exports and spent less on infrastructure.
Philippines: 4,130: 2024: 3,499: 2022: 3,461: 2021 ... World Map and Chart of GDP per capita at current prices by Lebanese-economy-forum, World Bank data; IMF DataMapper