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Basic Facts - Economic Indicators

 

Population 

  Total Population (2000)

76.5 M

  Population Projection (2005)

85.2 M

  Average Annual Family Income (2003)

Php 148,616

  Underemployment Rate (October 2005)

21.2%

  Unemployment Rate (October 2005)

7.4%

 Selected Macroeconomic Statistics

  Gross National Product (Growth Rate) (2005)

5.7%

  Gross Domestic Product (Growth Rate) (2005)

5.1%

  Inflation Rate (January 2006)

6.7%

 Selected Domestic Interest Rates (%)

  Treasury Bill Rates (All Maturities) (January 2006)

4.91%

  Bank Average Lending Rates (December 2005)

10.79%

  Average Exchange Rate 1US$:1Peso (January 2006)

52.617

Trade Statistics

  Exports (in million US $) (November 2005)

3,630.1

  Imports (in million US $) (November 2005)

3,709.9

  Balance of Trade (in million US $) (November 2005)

(79)

Sources:

National Statistics Coordinating Board - www.nscb.gov.ph 
Bangko Sentral ng Pilipinas - www.bsp.gov.ph
National Statistics Office - www.census.gov.ph