Philippines

Philippinesin the ASEAN

Demographic Profile

• Population:103,775,002 (July 2011 est.)

• Population growth rate:1.873% (2011 est.)

• Birth rate:24.98 births/1,000 population (2011 est.)

• Death rate: 4.98 deaths/1,000 population (July 2011 est.)

• Life expectancy at Birth: total population: 71.94 years

male: 68.99 years female: 75.03 years (2011 est.)

• Fertility rate: 3.15 children born/woman (2011

est.)

Demographic Profile

• Infant mortality rate:total: 18.75 deaths/1,000 live births male: 21.21 deaths/1,000 live births female: 16.18 deaths/1,000 live births

(2011 est.)

• Net migration rate:-1.27 migrant(s)/1,000 population (2011

est.)

Demographic Profile

• Language:Official languages: Filipino, English

• Religion:Christians - more than 90% of the

population Muslim - Between 5 and 10% of the population

Demographic Profile

Economic Profile

• GDP: $227.584 billion nominal(2012)

$411.903 billion PPP (2012)• GDP growth rate:

7.1% (3rd Quarter of 2012)• GDP per capita:

$2,328 (2012) (nominal)$4,214 (2012) (PPP)

• GDP composition by sector:agriculture: 12.8% industry: 31.5% services: 55.7% (2012 est.)

• Inflation rate:2.8% (November 2012)

• Debt - external: $62.41 billion (31 December 2011 est.)

Economic Profile

• Unemployment rate: 6.8% (October 2012)• Labor force: 59.81 million (2011 est.)• Labor force by occupation:

agriculture: 33% industry: 15% services: 52% (2010 est.)

• Population below poverty line:32.9% (2006 est.)

Economic Profile

• Exports: $54.17 billion (2011 est.)commodities: semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruitspartners: China 19%, United States 13.4%, Singapore 13.2%, Japan 12.8%, Hong Kong 7.6%, Germany 4.2%, South Korea 4.1% (2010)

Economic Profile

• Imports: $68.84 billion (2011 est.)commodities: electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plasticpartners: Japan 14.1%, China 13.6%, United States 9.9%, Singapore 9.3%, Thailand 6.5%, South Korea 5.6%,Indonesia 4.1% (2010)

Economic Profile

4 Sectors of the Economy

• Agriculture• Energy• Service• Transportation

Agriculture

• made up of 4 sub-sectors: farming, fisheries, livestock, and forestry

• Agriculture grew by 1.93% during the first nine (9) months of 2012

• On the average, farmgate prices declined by 2.11% during the period

• Majority of Philippine farms remains basically engaged in smallhold agriculture

Agriculture

• Crops subsector - average price cut of 4.78%

• Livestock subsector - average price down by 2.17%

• Poultry subsector - up by 0.19%

• Fisheries subsector - average price increase of 5.82%

Emerging Trends

• Markets, not production, increasingly drives agricultural development

• Former R&D clients are now becoming important partners

• Development potential of the agricultural sector in the international arena

• New fields of science such as biotechnology, value chain, indigenous knowledge systems are greatly influencing agriculture

Concerns and Challenges

• the rampant conversion of agricultural land into golf courses, residential subdivisions, and industrial parks or resorts

• continued reliance on chemical-based fertilizers or pesticides

• Typhoons and El Niño• Inadequate resources for funding the

construction of efficient irrigation systems

Energy

• Electricity production: 59.19 billion kWh (2009 est.)

• Electricity production by source:fossil fuel: 55.6% hydro: 17.5% nuclear: 0% other: 26.9% (2001)

• Electricity consumption: 54.4 billion kWh (2009 est.)

• Exports: $54.17 billion (2011 est.) $50.68 billion (2010 est.)

• Commodities: semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits

• Partners: China 19%, US 13.4%, Singapore 13.2%, Japan 12.8%, Hong Kong 7.6%, Germany 4.2%, South Korea 4.1% (2009 est.)

Energy

• Imports: $68.84 billion (2011 est.) $61.07 billion (2010 est.)

• Commodities: electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic

• Partners: Japan 14.1%, China 13.6%, US 9.9%, Singapore 9.3%, Thailand 6.5%, South Korea 5.6%, Indonesia 4.1% (2009 est.)

Energy

Service

Subsectors• Transport, Communications and Storage - 10.0%• Finance - 9.0%• Private Services - 7.1%• Government Services - 3.9%• Real Estate - 3.2%

• The Philippine economy is considered a service economy with a contribution to GDP of 55.7%(2011)

• Services had an annual average employment growth of 2.2 percent over the years 2002 to 2005

• Real estate had the largest growth (8.3 percent)• Wholesale and Retail Trade – biggest employer

(38.3 percent)

Service

• Services trade has overtaken trade in goods in economic importance.

• As of December 2010 the Philippines has surpassed India as the world leader in business process outsourcing

• Majority of the top ten BPO firms of the United States operate in the Philippines

Service

• BPO facilities are located mainly in Metro Manila and Cebu City although other regional areas such as Baguio, Bacolod, Cagayan de Oro, Clark Freeport Zone, Dagupan, Davao City, Legazpi, Dumaguete, Lipa, Iloilo City, and CamSur

• Call center services – major source of employment

Service

• In 2011, the business process outsourcing industry in the Philippines generated 700 thousand jobs and some US$11 billion in revenue

• By 2016, the industry is projected to reach US$27.4 billion in revenue with employment generation to almost double at 1.3 million workers

Service

Transport

WATER TRANSPORTWaterways• Length of waterways total: 3,219 km (CIA

World Factbook, 2008)• 178 million metric tons of cargo throughput

recorded by the Philippine Ports Authority (PPA) in 2011

LAND TRANSPORTRoads• Length of roads total: 199,000 km (ILO, 2006)• Length of roads paved: 21,677 km (CIA World

Factbook, 2008)• Length of roads unpaved: 180,233 km (CIA

World Factbook, 2008)

Transport

RAIL TRANSPORTRailways• Length of railways total: 897 km (CIA World

Factbook, 2008)

Transport

• Building of paved roads needs fast-tracking from the existing 25,916 kilometers in 2011 to 31,242 kilometers in 2016. This will require spending annually for 1065 kilometers of paved roads from now to 2016.

• The National Government Budget for 2012 only allocates 1.91% of the government budget for the Department of Transportation and Communication

Transport

The Economy of the Philippines

• 43rd largest in the world, according to 2011 World Bank statistics

By 2050:• 16th largest economy in the world• 5th largest economy in Asia; and• the largest economy in the South East

Asian region

Challenges in the Economy

• slowdown in China's economy• the continuing euro zone problem• higher oil prices

Contribution of the Philippines to the ASEAN

• In 2009, the Government of the Philippines contributed US$ 100,000 to the endowment fund of the ASEAN Foundation, the first and only ASEAN country to do so under the second round of voluntary contribution to the endowment fund of the ASEAN Foundation

The ASEAN Foundation Project Fund

Accreditation Scheme for Information Certifiers of E-signatures

• pursuant to Republic Act (R. A.) 8792 or the Electronic Commerce Act of 2000, The Bureau of Product Standards of the Department of Trade and Industry (BPS-DTI), lays the groundwork on the Accreditation Scheme for Information Certifiers of Electronic Signatures

• This aims to “encourage and promote the development of electronic commerce in the Philippines; enhance the country’s competitiveness in the new economy”; and most importantly, “protect the consumer through efficiency and transparency in commercial transactions”.

The Philippines as the first ASEAN Culture Capital for 2010 and 2011

• It is the first country given this distinction in the 10-member association

• Pursuant to Presidential Proclamation No. 1262, March 21-27 every year is observed as United Nations Educational, Scientific, and Cultural Organization and International Theater Institute (UNESCO-ITI) World Theater Week in the Philippines

Fourth ASEAN Ministerial Meeting on Youth

• Manila Declaration on strengthening participation in sustainable youth employment

• The Philippines is one of the participants of the meeting held at Manila on September 3-4, 2003