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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 archipelago that comprises 7,641 islands, [8] and with a total land area of 300,000 square kilometers (115,831 sq mi), it is the world's fifth largest island country. [2] [3] [9] The eleven largest islands contain 95% of the total land area. The largest of these islands is Luzon at about 105,000 square kilometers (40,541 ...
Demography of the Philippines records the human population, including its population density, ethnicity, education level, health, economic status, religious affiliations, and other aspects. The Philippines annualized population growth rate between the years 2015–2020 was 1.53%. [6] According to the 2020 census, the population of the ...
Costco Wholesale Corporation (commonly shortened to Costco) is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. [4] As of 2021, Costco is the third-largest retailer in the world [5] and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016. [6] Costco is ranked #11 on ...
In 2013, the Commission on Filipinos Overseas (CFO) estimated that approximately 10.2 million people of Filipino descent lived or worked abroad. [12] This number constitutes about 11 percent of the total population of the Philippines. [20] It is one of the largest diaspora populations, spanning over 100 countries. [21]
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of ...
The Philippine census is a regularly occurring and official inventory of the human population and housing units in the Philippines. Since 1970, the population has been enumerated every five years. [a] Results from the censuses are used to allocate congressional seats and fund government programs.
Poverty in the Philippines. Share of population in extreme poverty (1981–2019) In 2021, official government statistics reported that the Philippines had a poverty rate of 18.1%, [1] (or roughly 19.99 million Filipinos), significantly lower than the 49.2 percent recorded in 1985 through years of government poverty reduction efforts. [2]
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