Economy of the Philippines

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Economy of the Philippines
Currency	Philippine peso (PHP) = 100 centavos (English) piso = 100 sentimo (Filipino)
Fiscal year	Calendar year
Trade organizations	APEC, ASEAN, WTO, and others
Statistics
GDP	$199.6 billion (2010 est.)[1] (nominal 46th) $373.6 billion (2010 est.)[1] (PPP 32nd)
GDP growth	7.6% (2010)[2]
GDP per capita	$2,123 (2010 est.)[3] (nominal 122nd) $3,737 (2010 est.)[3] (PPP 125th)
GDP by sector	agriculture (13.9%), industry (31.3%), services (54.8%) (2010 est.)[1]
Inflation (CPI)	4.5% (May 2011)[4]
Population below poverty line	national – 32.9% (2006 est.)[1] international – 22.6% (2006)[5] regional – 27% (2006)[6]
Gini index	45.8 (2006)[1]
Labor force	39.7 million (Apr 2011)[1]
Labor force by occupation	services (52%) agriculture (33%), industry (15%) (2010 est.)[1]
Unemployment	7.2% (Apr 2011)[7][not in citation given]
Main industries	electronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing[1]
Ease of Doing Business Rank	148th[8]
External
Exports	$51.4 billion (2010)[1]
Export goods	semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits[1]
Main export partners	Japan 12.5%, Netherlands 9.8%, Hong Kong 8.6%, China 7.7%, Germany 6.5%, Singapore 6.2%, South Korea 4.8% (2009 est.)[1]
Imports	$54.7 billion (2010)[1]
Import goods	electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic[1]
Main import partners	Japan 12.5%, United States 12%, China 8.8%, Singapore 8.7%, South Korea 7.9%, Republic of China 5.7% (2009 est.)[1]
Gross external debt	$55.416 billion (1st Quarter, 2010)[9]
Public finances
Public debt	$94.27 billion (58.7% of GDP) (2009 est.)
Revenues	$26.84 billion
Expenses	$33.82 billion (2010 est.)[1]
Economic aid	$561.7 million ODA recipient. (2007)[citation needed]
Credit rating	Standard & Poor's:[10] BB+ (Domestic) BB (Foreign) BB+ (T&C Assessment) Outlook: Stable[11] Moody's:[11] Ba3 Outlook: Stable Fitch:[11] BB Outlook: Stable