Philippines Wages In Manufacturing Tradingeconomics.com Philippines Wages In Manufacturing Forecast

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Philippines Wages In Manufacturing Tradingeconomics.com Philippines Wages In Manufacturing Forecast - was last updated on Friday, August 17, 2018.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 1.30 1.6 1.3 1.5 1.6 1.2 percent
Unemployment Rate 5.50 5.4 5.3 5.2 5.4 5.2 percent
Inflation Rate 5.70 6.1 4.9 4.6 4.2 3.3 percent
Interest Rate 4.00 4.25 4.25 4.25 4.25 4.5 percent
Balance of Trade -3349820.00 -3217156 -3052000 -3211596 -3210645 -2740000 USD Thousand
Government Debt to GDP 42.10 41 41 40 40 39 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 53.43
53.99 54.61 55.23 55.86 58.45
Stock Market 7517.36
points
7072 6806 6550 6304 5408
Government Bond 10y 6.79
percent
7.29 8.37 9.61 11.04 19.22
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 1.30
percent
1.6 1.3 1.5 1.6 1.2
GDP Annual Growth Rate 6.00
percent
6.5 6.7 6.6 6.8 6.6
GDP 313.60
USD Billion
321 321 325 325 330
GDP Constant Prices 2352509.00
PHP Million
2256822 2293489 2281697 2512480 2608665
Gross National Product 2728917.00
PHP Million
2713576 2739969 2872476 2914483 3116501
Gross Fixed Capital Formation 695414.08
PHP Million
624010 707470 722751 742702 804692
GDP per capita 2891.36
USD
2970 2970 3063 3063 3170
GDP per capita PPP 7599.19
USD
7627 7627 7900 7900 8400
GDP From Agriculture 146315.01
PHP Million
138275 185849 167023 156264 211388
GDP From Construction 260401.00
PHP Million
209542 236150 208533 278108 268602
GDP From Manufacturing 525944.46
PHP Million
486589 598967 567100 561709 681278
GDP From Mining 28252.08
PHP Million
17968 18387 22011 30173 20914
Gdp From Public Administration 109633.48
PHP Million
84547 95708 88587 117089 108860
Gdp From Services 1378389.00
PHP Million
1271232 1359761 1296950 1472119 1546623
GDP From Transport 80303.47
PHP Million
59730 65739 75862 85764 74772
GDP From Utilities 74429.53
PHP Million
81371 69036 69442 79491 78524
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 5.50
percent
5.4 5.3 5.2 5.4 5.2
Employed Persons 40896.00
Thousand
41065 41300 41968 41959 43700
Unemployed Persons 2360.00
Thousand
2312 2500 2302 2332 2700
Labor Force Participation Rate 60.90
percent
60.6 61.2 62 62.4 64
Wages 10113.00
PHP/Month
11500 11500 12000 12000 12500
Wages in Manufacturing 1650.06
Index Points
1700 1750 1300 1450 1950
Population 104.90
Million
106 106 106 106 107
Employment Rate 94.50
percent
94.3 94.2 94.4 94.5 94.3
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 5.70
percent
6.1 4.9 4.6 4.2 3.3
Inflation Rate Mom 0.50
percent
0.7 0.6 0.4 0.3 0.2
Consumer Price Index CPI 117.40
Index Points
119 119 121 122 127
Core Consumer Prices 115.60
Index Points
116 116 118 119 125
Core Inflation Rate 4.50
percent
3.9 3.4 3.5 3.4 3.8
GDP Deflator 183.78
Index Points
186 199 187 186 207
Producer Prices 134.30
Index Points
134 134 136 137 140
Producer Prices Change 1.30
percent
1.5 1.8 2.1 2.3 2
Food Inflation 7.10
percent
5.7 4.9 4.5 4.1 3.9
Export Prices 92.52
Price Index
110 107 105 98.8 111
CPI Housing Utilities 111.20
Index Points
114 113 115 115 121
CPI Transportation 105.40
Index Points
105 105 107 109 113
Import Prices 117.52
Price Index
120 121 116 114 128
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.00
percent
4.25 4.25 4.25 4.25 4.5
Money Supply M0 1050476.27
PHP Million
994782 1000000 1142784 1168032 1080000
Money Supply M1 3734201.62
PHP Million
3915209 4038201 4160910 4283275 5486793
Money Supply M2 10607741.56
PHP Million
10920752 11168684 11417774 11666287 14094421
Money Supply M3 11058915.71
PHP Million
11403511 11668255 11934291 12199816 14798496
Foreign Exchange Reserves 76890.00
USD Million
76400 75500 82500 83000 84000
Banks Balance Sheet 1150.70
PHP Billion
1190 1250 1122 1122 1430
Deposit Interest Rate 3.50
percent
3.75 3.75 3.75 3.75 4
Lending Rate 4.50
percent
4.75 4.75 4.75 4.75 5
Loans To Banks 278633.04
PHP Million
246463 305000 246361 246331 384000
Loans To Private Sector 6787849.92
PHP Million
6990185 6110000 7465829 7700722 7160000
Cash Reserve Ratio 18.00
percent
18 18 18.2 18 17.7
Central Bank Balance Sheet 4683.50
PHP Billion
4719 4840 4723 4725 5090
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -3349820.00
USD Thousand
-3217156 -3052000 -3211596 -3210645 -2740000
Exports 5700390.00
USD Thousand
5219284 5508000 5217850 5218562 5990000
Imports 9050210.00
USD Thousand
8436440 8560000 8429446 8429207 8730000
Current Account -203.88
USD Million
-182 855 -182 -385 589
Current Account to GDP -0.80
percent
1.1 1.1 1.2 1.2 1.3
External Debt 73097.87
USD Million
72000 72000 73000 73000 73500
Capital Flows 6.31
USD Million
8.8 13 8.8 7.3 12
Remittances 2357000.00
USD Thousand
2388774 2900000 2364785 2364649 3340000
Tourist Arrivals 537743.00
608400 680000 603300 603200 731000
Gold Reserves 196.40
Tonnes
196 199 197 197 205
Terrorism Index 7.13
7.2 7.3 7.3 7.4 7.1
Foreign Direct Investment 1645.00
USD Million
840 890 750 790 1050
Crude Oil Production 15.00
BBL/D/1K
14.99 15 14.99 14.99 40
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 42.10
percent
41 41 40 40 39
Government Budget -2.20
percent of GDP
-3 -3 -2.6 -2.6 -2.2
Government Budget Value -54288.00
PHP Million
-26621 -82000 -30911 -31159 -87000
Government Spending 308024.77
PHP Million
226070 218552 252365 328970 248585
Government Revenues 224199.00
PHP Million
246797 228000 241161 241352 245000
Fiscal Expenditure 278487.00
PHP Million
273418 310000 272072 272511 332000
Military Expenditure 4507.80
USD Million
4800 4800 5000 5000 6200
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 39.30
Index Points
45.8 47 41.89 41.35 50
Industrial Production 18.90
percent
16.7 9.5 6.6 7.9 5.3
Capacity Utilization 84.34
percent
84.23 84.5 84.78 84.23 83.9
Changes in Inventories -7153.45
PHP Million
24253 25376 24232 19559 19991
Internet Speed 5450.74
KBps
7332 7626 7914 8198 10763
IP Addresses 1536948.00
IP
1646837 1663466 1679262 1694810 1839761
Total Vehicle Sales 7766.00
8764 17785 8815 8803 21450
Manufacturing Pmi 50.90
51.8 52.5 52.3 53 54.4
Ease of Doing Business 113.00
118 90 124 123 83
Corruption Index 34.00
Points
33 33 34 35 38
Corruption Rank 111.00
109 109 118 119 110
Competitiveness Index 4.35
Points
4.35 4.35 4.35 4.34 4.34
Competitiveness Rank 56.00
56 56 55 55 53
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 3.80
Index Points
11 12 5.8 6.2 7
Retail Sales Yoy 4.20
percent
3.2 3.3 3.5 3.4 4
Consumer Spending 1566498.00
PHP Million
1546890 1573478 1643004 1673020 1789708
Personal Savings 4571503.10
Million PHP
4659881 4751128 4841278 4930368 5766454
Bank Lending Rate 6.03
percent
6.28 6.28 6.28 6.28 6.53
Retail Sales Mom 0.40
percent
0.25 -0.2 0.26 0.26 0.1
Consumer Credit 302.29
PHP Billion
316 291 330 337 346
Gasoline Prices 1.02
USD/Liter
1.05 0.99 0.94 0.89 0.45
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Housing Index 12682.00
PHP/SQ. METRE
11111 12800 11468 10889 14000
Building Permits 36002.00
35405 36200 35299 35268 39900
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 30.00
percent
30 30 30 30 30
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 12.00
percent
12 12 12 12 12
Social Security Rate 11.36
percent
11.36 11.36 11.36 11.36 11.36
Social Security Rate For Companies 7.67
percent
7.67 7.67 7.67 7.67 7.67
Social Security Rate For Employees 3.69
percent
3.69 3.69 3.69 3.69 3.69
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 244.42
mm
291 237 110 211 210
Temperature 25.79
celsius
26.95 25.98 25.59 26.31 27.07