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Unemployment rate:

10% (2000)

Budget:

revenues:  $14.5 billion expenditures:  $12.6 billion, including capital expenditures of $NA (1998 est.)

Industries:

textiles, pharmaceuticals, chemicals, wood products, food processing, electronics assembly, petroleum refining, fishing

Industrial production growth rate:

4% (2000 est.)

Electricity - production:

40.745 billion kWh (1999)

Electricity - production by source:

fossil fuel:  61.03% hydro:  18.68% nuclear:  0% other:  20.29% (1999)

Electricity - consumption:

37.893 billion kWh (1999)

Electricity - exports:

0 kWh (1999)

Electricity - imports:

0 kWh (1999)

Agriculture - products:

rice, coconuts, corn, sugarcane, bananas, pineapples, mangoes; pork, eggs, beef; fish

Exports:

$38 billion (f.o.b., 2000 est.)

Exports - commodities:

electronic equipment, machinery and transport equipment, garments, coconut products

Exports - partners:

US 34%, Japan 14%, Netherlands 8%, Singapore 6%, UK 6%, Hong Kong 4% (1998)

Imports:

$35 billion (f.o.b., 2000 est.)

Imports - commodities:

raw materials and intermediate goods, capital goods, consumer goods, fuels

Imports - partners:

US 22%, Japan 20%, South Korea 8%, Singapore 6%, Taiwan 5%, Hong Kong 4% (1998 est.)

Debt - external:

$52 billion (1999)

Economic aid - recipient:

ODA, $1.1 billion (1998)

Currency:

Philippine peso (PHP)

Currency code:

PHP

Exchange rates:

Philippine pesos per US dollar - 50.969 (January 2001), 44.192 (2000), 39.089 (1999), 40.893 (1998), 29.471 (1997), 26.216 (1996)

Fiscal year:

calendar year

Data reproduced from the CIA website. 

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