Philippines
Everything Palanor holds about Philippines, in one place: 119 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
AsiaAsia-Pacific
The latest read
- GDP in current U.S. dollars: $487.1 billion (2025); record high since 1990; 1y +5.5%.
- Household consumption, share of GDP: 76.4% of GDP (2025); 96th percentile since 1990; 1y +0.26 pts.
- Net exports, share of GDP: -13.7% of GDP (2025); 10th percentile since 1990; highest since 2021; 1y +0.7 pts.
- S&P 500 companies naming it on earnings calls: 1.31% of companies (2026-10-21); 44th percentile since Dec 2021; highest since Feb 6, 2026; 1y −0.12 pts.
Country Posture
What Philippines’s economy is doing
Momentum
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 4.4 |
| Growth against its three-year average | -1.9 |
| Change in unemployment | 0.0 |
| Change in the employment rate | -0.1 |
| Export volume growth | — |
| OECD leading indicator | — |
Resilience
202546Moderate buffers
0 = thin buffers · 100 = deep buffers
Moved most by governance (wgi mean) (up) and current account (up) since the year before.
Inputs
| Interest as a share of revenue (2024) | 17.3 | 37 |
| Budget balance (2024) | -5.7 | 16 |
| Reserves, months of imports | 7.3 | 66 |
| Current account | -3.5 | 26 |
| Governance (WGI mean) | -0.29 | 60 |
| External debt (2024) | 26.3 | 67 |
Pressure
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | 1.7 |
| Change in inflation | -1.6 |
| Currency move against the dollar | 0.4% |
| Conflict deaths per million | 1.7 |
| Political stability | -0.84 |
| Private credit, three-year change | 3.3 |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
Passport reach
Where a Philippines passport opens doors
The share of world GDP, outside Philippines itself, in the economies whose published rules let a holder of this passport in, as of October 2026. Palanor records the rules of destinations holding 88% of world GDP, from each government’s own list, and weights them by World Bank GDP for 2025. Rank is among 199 passports.
Work
14.4%rank 54 of 199
the right to work (free movement in full; treaty and working-holiday routes at half); 0 destinations in full, 4 at half.
Recorded changes
- 2024-07-01Australia · work: no route → Working holiday source
Reach is shown here and not weighted into Country Strength: it rewards membership of a free-movement area or a treaty more than the strength of an economy. Entry is always at the border officer’s discretion, and conditions (length of stay, fees, age limits) vary. Method, sources and the full ranking: Passports and citizenship.
Palanor calculation from each destination government's published rules; GDP weights from the World Bank (CC BY 4.0), one year for the whole line, so it moves only when a list changes.
GDP by expenditure
What Philippines’s economy runs on
In 2025, household spending was 76.4% of GDP, government consumption 15.1%, investment 22.1% and net exports -13.7% (exports 26.6%, imports 40.2%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Philippines
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF cut its growth forecast for this year by 0.7 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 4.4 | 3.4 | 5.1 | 5.8 |
| Inflation, average consumer prices% | 1.7 | 5.6 | 4.1 | 3.0 |
| Unemployment rate% of labor force | 4.2 | 5.4 | 5.2 | 4.8 |
| GDP, current US dollarsUS$ bn | 487.1 | 501.7 | 545.4 | 754.1 |
| GDP at purchasing-power parityintl $ bn | 1,469 | 1,570 | 1,701 | 2,291 |
| GDP per person, US dollarsUS$ | 4,278 | 4,360 | 4,690 | 6,216 |
| Current account balance% of GDP | -3.3 | -4.8 | -3.6 | -1.8 |
| Government gross debt% of GDP | 59.1 | 60.5 | 60.5 | 56.4 |
| Government overall balance% of GDP | -4.5 | -4.2 | -4.0 | -2.1 |
| Government primary balance% of GDP | -1.7 | -1.3 | -0.8 | 1.3 |
| Government net interest paid% of GDP · Palanor calc. | 2.8 | 2.9 | 3.2 | 3.4 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor. Net interest paid is a Palanor calculation: the IMF's primary balance minus its overall balance.
Discourse
How often S&P 500 companies name Philippines
8 of 445 S&P 500 companies named Philippines on an earnings call in the 90 days to 2026-10-21. 3.1% list it in the risk factors of their latest 10-K. Names only, counted by fixed rules set before any document was read; a mention says the country came up, not why.
Conflict
Organized violence
News
In the news
- Philippines exploring deeper cooperation with Taiwan to protect cables reut.rs/4z1LCeN
Reuters · Bluesky2026-10-21neutral
- China's coast guard monitors the Philippines resupplying vessel at disputed shoal reut.rs/47QJCKN
Reuters · Bluesky2026-10-21neutral
- Philippines summons China's envoy over remarks conveying 'threat' reut.rs/4jpwpPW
Reuters · Bluesky2026-10-19negative · -threat
- Philippines: Recruitment agency allegedly operated without authorization, incl. by posting recruitment advertisements on Facebook; incl. Meta response
Business & Human Rights Resource Centre2026-10-18neutral
- Philippines hits back at Chinese envoy over 'thinly veiled threat' of force reut.rs/4hQLskr
Reuters · Bluesky2026-10-16negative · -threat
- Asia must guard against another financial crisis, Philippines central bank chief says reut.rs/4zu2VoC
Reuters · Bluesky2026-10-14negative · -crisis
- Magnitude 5.7 earthquake strikes Mindanao, Philippines, GFZ says reut.rs/4yGBMPA
Reuters · Bluesky2026-10-08negative · -strikes
- MMA Recognizes 2026 SMARTIES™ Philippines Winners: Celebrating Marketing Excellence Rooted in Business Impact
Marketaux (financial news API)2026-10-07neutral
- Philippines accuses Chinese coast guard of blocking law enforcement mission near Thitu reut.rs/3U4DB9S
Reuters · Bluesky2026-10-04neutral
- Philippines voices concern over Myanmar airstrike deaths, injuries reut.rs/4dhdBhX
Reuters · Bluesky2026-10-03neutral
Headlines that name Philippines, matched by name with fixed rules (a wrong match is worse than a missing one). Tone is read from each headline’s own words; no model reads or summarizes an article, and other publishers’ stories link out.
Company graph
Companies headquartered in Philippines
Palanor’s company graph holds 66 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Philippines
Grouped by theme, the most-read first. All 119 in the Library.
Growth and output8
- Population, Historical (Maddison): Philippinesrecord high since 1820; 1y +1.5%121,234,200 people2022
- GDP per Person, Historical (Maddison): Philippines99th percentile since 1820; highest since 2019; 1y +6.0%8,370.72022
- GDP, Historical (Maddison): Philippinesrecord high since 1820; 1y +7.6%1,014.82022
- Philippines · GDP · USD bn (current)record high since 1990; 1y +5.5%$487.1bn2025
- Philippines: Share of World GDP at Market Exchange Rates88th percentile since 1990; 1y −0.001 pts0.41% of world GDP2025
- Philippines: Share of World GDP Minus Share of World Population67th percentile since 1990; 1y unchanged-1.012025
- Philippines: Share of World Population81st percentile since 1990; lowest since 2018; 1y −0.001 pts1.42% of world population2025
- Share of World GDP, Historical (Maddison): Philippines87th percentile since 1820; 1y +0.032 pts0.78% of world GDP2022
Money, rates and credit2
- Philippines · Central Bank Policy Rate (IMF)52nd percentile since Dec 2001; 1y −1.00 pts4.5%2026-05-01
- Bangko Sentral ng Pilipinas Total Assets · % of Philippines GDP44th percentile since Jul 1993; 1y −0.962 pts28.6% of GDP2025-10-01
Government and debt2 of 4
- Philippines · Cyclically Adjusted Balance (IMF)13th percentile since 1990; highest since 2020; 1y +0.182 pts-4.26% of potential GDP2025
- Philippines · Cyclically Adjusted Primary Balance (IMF)15th percentile since 1990; highest since 2019; 1y +0.348 pts-1.52% of potential GDP2025
Trade and capital flows4
- U.S. Integrated Circuits Exports to Philippines, 12 Months34th percentile since Dec 2013; highest since May 2024; 1y +9.1%1.33 $ billions2026-08-01
- U.S. Integrated Circuits Imports From Philippines, 12 Months1st percentile since Dec 2013; lowest since Feb 2026; 1y −11.7%0.73 $ billions2026-08-01
- Philippines · Net International Investment Position (IMF)record low since Jan 2013; 1y −1.62$-65.6bn2026-04-01
- Philippines · Net International Investment Position, % of GDP (IMF)70th percentile since 2001; highest since 2022; 1y +0.82 pts-10.6% of GDP2025
Energy and resources10 of 18
- Philippines · Bioenergy Share of Electricity Generation90th percentile since 2000; highest since 2021; 1y +0.13 pts1.19% of generation2025
- Philippines · Carbon Intensity of Electricity75th percentile since 2000; lowest since 2018; 1y −5.4%595.4 gCO2e/kWh2025
- Philippines · Coal Share of Electricity Generation83rd percentile since 2000; lowest since 2020; 1y −5.26 pts58.7% of generation2025
- Philippines · Electricity Generation94th percentile since 2000; 1y −0.8%123.2 TWh2025
- Philippines · Gas Share of Electricity Generation21st percentile since 2000; highest since 2021; 1y +2.72 pts17.3% of generation2025
- Philippines · Hydro Share of Electricity Generation37th percentile since 2000; highest since 2015; 1y +2.18 pts10.3% of generation2025
- Philippines · Other Fossil Fuels Share of Electricity Generationrecord low since 2000; 1y −0.3 pts0.78% of generation2025
- Philippines · Other Renewables Share of Electricity Generationrecord low since 2000; 1y −0.2 pts8.2% of generation2025
- Philippines · Solar Share of Electricity Generationrecord high since 2000; 1y +0.75 pts2.43% of generation2025
- Philippines · Wind and Solar Share of Electricity Generationrecord high since 2000; 1y +0.74 pts3.62% of generation2025
Conflict and geopolitics2 of 6
- Philippines · Organized-Violence Deaths (UCDP, annual)7th percentile since 1989; lowest since 1998; 1y −4.4%197 deaths2025
- Philippines · State-Based Conflict Deaths (UCDP, annual)7th percentile since 1989; lowest since 1998; 1y −16.3%164 deaths2025
Migration4 of 6
- International Migrant Stock: Philippines (UN)record low since 199087,212 people2024
- International Migrants as a Share of Population: Philippines (UN)record low since 19900.08% of population2024
- U.S.-Born People Living in the Philippines (UN)record low since 19906,469 people2024
- Change in Migrant Share of Population Since 2000: Philippines (UN)-0.122024
AI stance and technology4
- AI User Share: Philippines (Microsoft AI Diffusion)1y +3.60 pts20.7% of people aged 15-642026-06-30
- AI Optimism Lean · Philippines (Pew)20.5%2026
- More Concerned Than Excited About AI · Philippines (Pew)31%2026
- More Excited Than Concerned About AI · Philippines (Pew)8%2026
Climate and the physical world2 of 4
Health and living standards6 of 7
- Births: Philippines47th percentile since 1950; highest since 2020; 1y +0.6%1,840,4772023
- Deaths: Philippines98th percentile since 1950; 1y +0.3%716,4902023
- Fertility Rate: Philippinesrecord low since 1950; 1y −0.7%1.922023
- Median Age: Philippinesrecord high since 1950; 1y +1.7%25.3 years2023
- Population Aged 65 and Over: Philippinesrecord high since 1950; 1y +0.221 pts5.26% of population2023
- Population: Philippinesrecord high since 1950; 1y +0.8%114,891,199 people2023
More about this country2
- Philippines · Total Reserves incl. Gold (IMF)94th percentile since Dec 1950; lowest since Apr 2024; 1y −2.2%$103.1bn2026-07-01
- Philippines · Exchange Rate per US Dollar (IMF)100th percentile since Jan 1957; 1y +7.1%61.3 per USD2026-08-01
Peers
Elsewhere in Asia
Alphabetical. Palanor does not rank countries.
AfghanistanArmeniaAzerbaijanBahrainBangladeshBhutanBruneiCambodiaChinaCyprusGeorgiaHong KongIndiaIndonesiaIranIraqIsraelJapanJordanKazakhstanKuwaitKyrgyzstanLaosLebanonMacaoMalaysiaMaldivesMongoliaMyanmarNepalNorth KoreaOmanPakistanPalestineQatarSaudi ArabiaSingaporeSouth KoreaSri LankaSyriaTaiwanTajikistanThailandTimor-LesteTürkiyeTurkmenistanUnited Arab EmiratesUzbekistanVietnamYemen