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All values, unless otherwise stated, are in US dollars. 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 ...
Retrieved 22 April 2024. ^ "International Comparisons of Defence Expenditure and Military Personnel". The Military Balance. 124 (1): 542–547. 31 December 2024. doi: 10.1080/04597222.2024.2298600. ISSN 0459-7222. ^ "Why Russian Military Expenditure Is Much Higher Than Commonly Understood (As Is China's)". War on the Rocks. 16 December 2019.
Production started in 1987, and again since 2019. The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023. [ 1][ 2] Most of the vehicles sold and built in the Philippines are from foreign brands.
The world's largest IKEA store is located in Pasay, Metro Manila, Philippines. In 1943, then-17-year-old Ingvar Kamprad founded IKEA as a mail-order sales business, and began to sell furniture five years later. [22]
Inflation had peaked at 1.3 × 10 16 % per month (i.e. prices doubled every 15.6 hours). [62] On 18 August 1946, 400,000,000,000,000,000,000,000,000,000 P (4 × 10 29 pengő, four hundred quadrilliard on the long scale used in Hungary, or four hundred octillion on short scale) became 1 Ft. Start and end date: August 1945 – July 1946
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.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
The estimated total world production of coconuts in 2022 was 62,409,431 metric tonnes, down 0.6% from 62,791,068 tonnes in 2021. [ 1] Dependent territories are shown in italics. Indonesia, The Philippines and India produce around 72% of the world's total copra, [ 1] with Indonesia and the Philippines also being the world's main coconut oil ...