Philippines

Country Summary

2022 population pyramid

Introduction

Background

The Philippine Islands became a Spanish colony during the 16th century and were ceded to the US in 1898 following the Spanish-American War. In 1935, the Philippines became a self-governing commonwealth. Following Japanese occupation during World War II, the Republic of the Philippines attained its independence on July 4, 1946.

Geography

Area

total: 300,000 sq km

land: 298,170 sq km

water: 1,830 sq km

Climate

tropical marine; northeast monsoon (November to April); southwest monsoon (May to October)

Natural resources

timber, petroleum, nickel, cobalt, silver, gold, salt, copper

People and Society

Population

114,597,229 (2022 est.)

Ethnic groups

Tagalog 24.4%, Bisaya/Binisaya 11.4%, Cebuano 9.9%, Ilocano 8.8%, Hiligaynon/Ilonggo 8.4%, Bikol/Bicol 6.8%, Waray 4%, other local ethnicity 26.1%, other foreign ethnicity 0.1% (2010 est.)

Languages

unspecified Filipino (official; based on Tagalog) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan

Religions

Roman Catholic 79.5%, Muslim 6%, Iglesia ni Cristo 2.6%, Evangelical 2.4%, National Council of Churches in the Philippines 1.1%, other 7.4%, none <0.1% (2015 est.)

Population growth rate

1.6% (2022 est.)

Government

Government type

presidential republic

Capital

name: Manila

Executive branch

chief of state: President Ferdinand "BongBong" MARCOS, Jr (since 30 June 2022); Vice President Sara DUTERTE-Carpio (since 30 June 2022); note - the president is both chief of state and head of government

head of government: President Ferdinand "BongBong" MARCOS, Jr (since 30 June 2022); Vice President Sara DUTERTE-Carpio (since 30 June 2022)

Legislative branch

description: bicameral Congress or Kongreso consists of:
Senate or Senado (24 seats; members directly elected in multi-seat constituencies by majority vote; members serve 6-year terms with one-half of the membership renewed every 3 years)
House of Representatives or Kapulungan Ng Mga Kinatawan (304 seats; 243 members directly elected in single-seat constituencies by simple majority vote and 61 representing minorities directly elected by party-list proportional representation vote; members serve 3-year terms)

Economy

Economic overview

diversified, growing East Asian economy; major semiconductor, ship-building, and electronics exporter; significant remittances; COVID-19 hit consumption and investments hard; regional tensions with China; major geothermal energy user

Real GDP (purchasing power parity)

$871.56 billion (2020 est.)

Real GDP per capita

$8,000 (2020 est.)

Agricultural products

sugar cane, rice, coconuts, maize, bananas, vegetables, tropical fruit, plantains, pineapples, cassava

Industries

semiconductors and electronics assembly, business process outsourcing, food and beverage manufacturing, construction, electric/gas/water supply, chemical products, radio/television/communications equipment and apparatus, petroleum and fuel, textile and garments, non-metallic minerals, basic metal industries, transport equipment

Exports

$78.82 billion (2020 est.)

Exports - partners

China 16%, United States 15%, Japan 13%, Hong Kong 12%, Singapore 7%, Germany 5% (2019)

Exports - commodities

integrated circuits, office machinery/parts, insulated wiring, semiconductors, transformers (2019)

Imports

$97.58 billion (2020 est.)

Imports - partners

China 29%, Japan 8%, South Korea 7%, United States 6%, Singapore 6%, Indonesia 6%, Thailand 5%, Taiwan 5% (2019)

Imports - commodities

integrated circuits, refined petroleum, cars, crude petroleum, broadcasting equipment (2019)


Page last updated: Wednesday, Jun 29, 2022