Coat of Arms
President Benigno Aquino III
»Unitary presidential constitutional republic
»300,000 km2 (73rd)
»$751.770 billion (29th)
» Per capita -$7,412.236 (118th)
»$330.259 billion (36th)
» Per capita -$3,256.260 (124th)
»Peso (Filipino: piso) (₱) (PHP)
The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean.
It consists of 7,107 islands that are categorized broadly under three main geographical divisions: Luzon, Visayas, and Mindanao.
Its capital city is Manila while its most populous city is Quezon City; both are part of Metro Manila.
To the north of the Philippines across the Luzon Strait lies Taiwan; Vietnam sits west across the South China Sea; southwest is the island of Borneo across the Sulu Sea, and to the south the Celebes Sea separates it from other islands of Indonesia; while to the east it is bounded by the Philippine Sea and the island-nation of Palau.
Its location on the Pacific Ring of Fire and close to the equator makes the Philippines prone to earthquakes and typhoons, but also endows it with abundant natural resources and some of the world’s greatest biodiversity.
At approximately 300,000 square kilometers (115,831 sq mi), the Philippines is the 64th-largest country in the world.
With a population of about 100 million people, the Philippines is the seventh-most populated country in Asia and the 12th most populated country in the world.
An additional 12 million Filipinos live overseas, comprising one of the world’s largest diasporas.
Multiple ethnicities and cultures are found throughout the islands. In prehistoric times, Negritos were some of the archipelago’s earliest inhabitants.
They were followed by successive waves of Austronesian peoples. Exchanges with Chinese, Malay, Indian, and Islamic states occurred.
Then, various nations were established under the rule of Datus, Rajahs, Sultans or Lakans.
The Philippine economy is the 39th largest in the world, with an estimated 2014 gross domestic product (nominal) of $289.686 billion.
Primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits.
Major trading partners include the United States, Japan, China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan, and Thailand. Its unit of currency is the Philippine peso (₱ or PHP).
A newly industrialized country, the Philippine economy has been transitioning from one based upon agriculture to an economy with more emphasis upon services and manufacturing.
Of the country’s total labor force of around 40.813 Million, the agricultural sector employs close to 32% of the labor force and accounts for 14% of GDP.
The industrial sector employs around 14% of the workforce and accounts for 30% of GDP. Meanwhile, the 47% of workers involved in the services sector are responsible for 56% of GDP.
The unemployment rate as of December 14, 2014 stands at 6.0%. Meanwhile, due to lower charges in basic necessities, the inflation rate eases to 3.7% in November.
Gross international reserves as of October 2013 are $83.201 billion. The Debt-to-GDP ratio continues to decline to 38.1% as of March 2014 from a record high of 78% in 2004. The country is a net importer, but it is also a creditor nation.
The Philippines is ranked 46 with an Economic Complexity Index (ECI) of 0.513679
Top 5 Products exported by The Philippines
- Integrated Circuits (23%),
- Computers (10%),
- Semiconductor Devices (4.7%),
- Office Machine Parts (3.5%),
- Electrical Transformers (3.0%)
Top 5 Export destinations of The Philippines
- China (23%),
- Japan (13%),
- United States (12%),
- Hong Kong (9.8%),
- Singapore (5.4%)
Top 5 Products imported by The Philippines
- Integrated Circuits (13%),
- Crude Petroleum (9.3%),
- Refined Petroleum (6.8%),
- Office Machine Parts (3.6%),
- Cars (2.9%)
Top 5 Import origins of The Philippines
- China (13%),
- Japan (11%),
- United States (10%),
- South Korea (8.9%),
- Other Asia (6.7%)
The Philippines is defined by its emerald rice fields, teeming megacities, graffiti-splashed jeepneys, smouldering volcanoes, bug-eyed tarsiers, fuzzy water buffalo and smiling, happy-go-lucky people.With more than 7000 islands, the Philippines is a beach bum’s delight.
There’s an island to suit every taste, from marooned clicks of sand in the middle of the ocean to sprawling mega- islands like Luzon and Mindanao.
Sun worshippers and divers should head straight to the Visayas, where island-hopping opportunities abound and the perfect beach takes many forms.
More adventurous travellers can pitch a tent on a deserted stretch of coastline and play solo Survivor for a few days.
Love is born of long rooftop jeepney rides through the mountains of North Luzon; of a frosty San Miguel at sundown on a sublime slab of Visayan sand; of a fresh fish lunch, followed by a siesta on an interminable bangka journey through Palawan’s islands; of friends with names like Bing and Bong; of phrases like ‘comfort room.
- Like some countries in the world, the Philippines can also give you that tropical island experience of your life.
- Its beautiful sandy beaches, warm climate, century old churches, magnificent mountain ranges, dense rainforests, rich culture and smiling people are just one of the attractions that you must see and experience on this archipelago composed of 7,107 islands.
- You can experience the country’s rich and unique culture in different ways like touring old Spanish churches, joining colorful fiestas (festivals) and by enjoying our exotic and tasty cuisine.
- But perhaps the greatest way to experience Filippino culture is by riding a jeepney.