Economy of Philippines
Imports commoditieselectronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic
Import partnersUS 11.5%, China 10.8%, Japan 10.4%, South Korea 7.3%, Singapore 7.1%, Thailand 5.6%, Saudi Arabia 5.6%, Indonesia 4.4%, Malaysia 4% (2012)
ExportsExports commoditiessemiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits
Export partnersJapan 19%, US 14.2%, China 11.8%, Singapore 9.3%, Hong Kong 9.2%, South Korea 5.5%, Thailand 4.7% (2012)
Economy sectorsAgriculture productssugarcane, coconuts, rice, corn, bananas, cassavas, pineapples, mangoes; pork, eggs, beef; fish
Industrial productselectronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing
EconomyGDP PPP per land area1.51 Million $ per square kilometer (2013)1.40 Million $ per square kilometer (2012)1.33 Million $ per square kilometer (2011)
Electricity
Electricity - installed generating capacity16.4 Million kW
BankingGDP decomposition by sectorTourismInternational tourism, number of departures3.19 Million (2009)3.36 Million (2008)3.07 Million (2007)
Debt, Current Account Balance and Budget Deficit
Budget surplus (+) or deficit (-)-2.30 % of GDP
Current Account Balance (Percentage of GDP)2.85 % of GDP (2012)3.11 % of GDP (2011)4.47 % of GDP (2010)

External Debt Stocks (Percentage of GNI)24.6 % of GNI (2012)27.1 % of GNI (2011)30.4 % of GNI (2010)

Short-term debt (percentage of total external debt)13.8 % of total external debt (2012)11.5 % of total external debt (2011)10.4 % of total external debt (2010)
