e employed are estimated to be working in the informal sector. The AQUINO administration has been working to boost the budgets for education, health, cash transfers to the poor, and other social spending programs, and is relying on the private sector to help fund major infrastructure projects under its Public-Private Partnership program. Long term challenges include reforming governance and the judicial system, building infrastructure, improving regulatory predictability, and the ease of doing business, attracting higher levels of local and foreign investments. The Philippine Constitution and the other laws continue to restrict foreign ownership in important activities/sectors (such as land ownership and public utilities).
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GDP (Constant Prices, National Currency) for Philippines in year 2014 is PHP 7,187.26 Billion.
GDP (Current Prices, National Currency) for Philippines in year 2014 is PHP 12,746.17 Billion.
GDP (Current Prices, US Dollars) for Philippines in year 2014 is US$ 289.686 Billion.
GDP Deflator for Philippines in year 2014 is 177.344 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Current Prices, National Currency) for Philippines in year 2014 is PHP 128,187.16 .
GDP Per Capita (Current Prices, US Dollars) for Philippines in year 2014 is US$ 2,913.34 .
GDP (PPP), US Dollars for Philippines in year 2014 is US$ 694.615 Billion.
GDP Per Capita (PPP), US Dollars for Philippines in year 2014 is US$ 6,985.68 .
Investment (% of GDP) for Philippines in year 2014 is 19.136 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Philippines in year 2014 is 139.927 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Philippines in year 2014 is 142.653 (Index, Base Year 2000 = 100).
Population for Philippines in year 2014 is 99.434 Million .
General government revenue (National Currency) for Philippines in year 2014 is PHP 2,404.54 Billions.
General government total expenditure (National Currency) for Philippines in year 2014 is PHP 2,447.92 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Philippines in year 2014 is PHP -43.384 Billions.
General Government Structural Balance (National Currency) for Philippines in year 2014 is PHP -90.543 Billion.
Fiscal Year Gross Domestic Product, Current Prices for Philippines in year 2014 is PHP 12,746.17 Billions.
Current Account Balance (US Dollars) for Philippines in year 2014 is US$ 9.184 Billion.
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Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International