Philippines PESTLE Insights - A Macroeconomic Outlook Report
Philippines PESTLE Insights - A Macroeconomic Outlook Report
SUMMARY
Mining, manufacturing and utilities contributed 22.0% to the gross value added (GVA) in 2020, followed by financial intermediation, real estate and business activities (21.0%), and wholesale, retail and hotels (18.3%). In nominal terms, the three sectors are expected to grow by 6.9%, 10.6% and 10.7%, respectively, in 2021.
Four major regions in the Philippines generated around 63.5% of the country’s GDP and were home to 46.1% of the country’s population in 2020.
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SUMMARY
Mining, manufacturing and utilities contributed 22.0% to the gross value added (GVA) in 2020, followed by financial intermediation, real estate and business activities (21.0%), and wholesale, retail and hotels (18.3%). In nominal terms, the three sectors are expected to grow by 6.9%, 10.6% and 10.7%, respectively, in 2021.
Four major regions in the Philippines generated around 63.5% of the country’s GDP and were home to 46.1% of the country’s population in 2020.
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- Japan invested the most in the Philippines in 2020
- The PSEi index exhibited an upward trend over the past year. As of May 11, 2021, the PSEi index stood at 6,326.8, compared to 5,667.9 on May 11, 2020.
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Did You Know?
Country Highlights
The Economy’s Recovery from the COVID-19 Crisis
Country Snapshot
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
Outlook
Country Highlights
The Economy’s Recovery from the COVID-19 Crisis
Country Snapshot
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
Outlook
LIST OF FIGURES
Exhibit 1: The Philippines’ Performance in terms of its Country Risk Analysis in Comparison to Asia-Pacific and the World Average
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: The Philippines Stock Market Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2016-2023f)
Exhibit 6: FDI Flows in the Philippines (January 2019-February 2021) and FDI by Sector’s Share (2016-2020)
Exhibit 7: Investment Inflows by Country and International Investment Position (2016-2020)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)
Exhibit 10: Real GDP Growth Rate Comparison (2020)
Exhibit 11: Exports and Imports Volume Growth (2016-2023f)
Exhibit 12: Current Account Balance (2016-2023f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2019)
Exhibit 14: Electrical Machinery and Equipment, % Share of World’s Total Exports (2019)
Exhibit 15: Interest Rates (April 2016 - April 2021)
Exhibit 16: Exchange Rate (2016-2023f)
Exhibit 17: Public Finance (2016-2023f)
Exhibit 18: General Government Debt (2016-2023f)
Exhibit 19: Unemployment (2016-2023f)
Exhibit 20: Average Annual Wages (2015-2023f)
Exhibit 21: Labor Cost Index (2016-2019)
Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)
Exhibit 26: Number of Patents Granted Per Million Population (2020)
Exhibit 27: High-Technology Exports, % Of Manufactured Exports (2019)
Exhibit 28: Doing Business in Norway 2020
Exhibit 29: Corruption Perceptions Index (Rankings) (2020)
Exhibit 30: CO2 Emissions (2016-2019)
Exhibit 1: The Philippines’ Performance in terms of its Country Risk Analysis in Comparison to Asia-Pacific and the World Average
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: The Philippines Stock Market Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2016-2023f)
Exhibit 6: FDI Flows in the Philippines (January 2019-February 2021) and FDI by Sector’s Share (2016-2020)
Exhibit 7: Investment Inflows by Country and International Investment Position (2016-2020)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)
Exhibit 10: Real GDP Growth Rate Comparison (2020)
Exhibit 11: Exports and Imports Volume Growth (2016-2023f)
Exhibit 12: Current Account Balance (2016-2023f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2019)
Exhibit 14: Electrical Machinery and Equipment, % Share of World’s Total Exports (2019)
Exhibit 15: Interest Rates (April 2016 - April 2021)
Exhibit 16: Exchange Rate (2016-2023f)
Exhibit 17: Public Finance (2016-2023f)
Exhibit 18: General Government Debt (2016-2023f)
Exhibit 19: Unemployment (2016-2023f)
Exhibit 20: Average Annual Wages (2015-2023f)
Exhibit 21: Labor Cost Index (2016-2019)
Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)
Exhibit 26: Number of Patents Granted Per Million Population (2020)
Exhibit 27: High-Technology Exports, % Of Manufactured Exports (2019)
Exhibit 28: Doing Business in Norway 2020
Exhibit 29: Corruption Perceptions Index (Rankings) (2020)
Exhibit 30: CO2 Emissions (2016-2019)