Asia
Overview
Demography
Capital: Manila
Currency: Philippine peso (PHP)
Population: 115.84M
Population density: 385.32/km2
Conventions
Numbering system
Arabic numerals with dot as decimal separator
Date format: mm/dd/yyyy
Time: 12h and 24h time systems
Country code: 0063
Economy
GDP: 461.62 billion USD (2024)
GDP per capita: 3,984.83 USD (2024)
Exports: 98 billion USD (2024)
Imports: 139 billion USD (2024)
T-index
0.47%
T-Index ranks countries according to their potential for online sales.
Statistics
Internet users: 83.8% penetration, 98.0 million
Unemployment rate: 2.15% (2024)
Urbanisation: 55.45% (2024)
Global Innovation Index: 50th out of 139 countries worldwide
Language data sources: Worlddata / EF; Demography data sources: World Bank / Worlddata / IBAN; Economy data sources: World Bank / OEC / T-index; Statistics data sources: DataReportal / World Bank / WIPO
If you need other information, below you can find a selection of economic/social/cultural data
Economy
GDP
$461.62 billion (2024)
Trade – Economic Complexity Index
Ranked 37th out of 130 countries
The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.
Product Imports
$139 billion (2024)
Service Imports
$37.62 billion (2024)
Market Growth Imports
4.18% of annual growth
Financial inclusion factors
• 33.5% have an account with a financial institution
• 3% have a credit card
• 32.1% make digital payment
Active E-commerce
17,239 active stores
GDP Growth (annual %)
5.69%
GDP per Capita
$3,984.83 (2024)
Product Exports
$98 billion (2024)
Service Exports
$51.59 billion (2024)
Market Growth Exports
3.31% of annual growth
Main online stores
AliExpress, Amazon, Shopee, Lazada, TikTok Shop, Zalora, BeautyMNL, MetroMart, Carousell, SHEIN.
Global Startup Ecosystem Index
Philippines ranked 63rd out of 100 countries, 11.7% of annual ecosystem growth
The Global Startup Ecosystem Index ranks countries by the strength of their startup ecosystems. It evaluates factors such as startup activity, ecosystem quality, and the business environment.
Economy data sources: World Bank / OEC / T-index / Joy of Creating / BrandNav
Trade balance of goods from 2013 to 2025
Source: Statista
Perception of products made in selected countries in 2017
Source: Statista
Which attributes do you associate with products made in Philippines?
Source: Statista
Foreign direct investment, net inflows (% of GDP)
Source: WorldBank
T-index
Reach most of the online purchasing power
T-Index ranks countries according to their potential for online sales. It estimates the market share of each country in relation to global e-commerce.
Try it nowMedia
Media language Filipino and English
The press
Philippine Daily Inquirer, Manila Bulletin, The Philippine Star, Manila Times, BusinessMirror, BusinessWorld, SunStar, Daily Tribune, Malaya Business Insight, Tempo, People’s Journal, The Freeman
Television
News Agency
Philippine News Agency, Rappler, ABS-CBN News, GMA News, Inquirer.net, Manila Bulletin
Magazines
Esquire Philippines, Preview, Mega, Metro Style, Cosmopolitan Philippines, Candy Magazine
Radio
DZRH, DWIZ, Radyo Pilipinas, Barangay LS 97.1, Love Radio Manila, Easy Rock
Media data source: GlobalMediaList
Internet Data
Internet users
83.8% penetration, 98.0 million
Share of web traffic by device
74.53% mobile phones, 24.35% computers (laptops and desktops), 1.13% tablet devices and 0% other devices
Median speed of mobile Internet connection
59.64 Mbps (Download)
8.58 Mbps (Upload)
Median speed of fixed Internet connection
105.17 Mbps (Download)
99.77 Mbps (Upload)
Mobile connection as a percentage of total population: 117%
Most popular web search engines
Google (89.80%), Bing (6.21%), Yahoo! (3.31%), DuckDuckGo (0.25%), Ecosia (0.13%), Yandex (0.11%), Petal Search (0.09%), Others (0.10%).
Share of AI web traffic referrals
ChatGPT (81.88%), Perplexity (8.66%), Microsoft Copilot (6.07%), Google Gemini (2.96%), Claude (0.27%), DeepSeek (0.16%).
Most used social media
Facebook (36.2%), TikTok (21.6%), Messenger (20.8%), Instagram (7.5%), Reddit (4.9%), X (2.1%), Pinterest (1.3%), Discord (1.0%), Telegram (0.9%), WhatsApp (0.8%), Viber (0.5%), LinkedIn (0.3%), iMessage (0.2%), LINE (0.2%), Snapchat (0.2%).
Percentage of mobile connections that are broadband (3G-5G): 89.0%
Internet data sources: DataReportal / Statcounter
Social statistics
Life expectancy
69.83 yrs (2023)
Current health expenditure
5.11% of GDP
Current education expenditure
91.78% of total expenditure in public institutions
CO2 emissions
1.5 metric tons per capita
Corruption Perceptions Index
Philippines scored 32 out of 100, ranking 120th out of 182 countries.
The Corruption Perceptions Index (CPI) ranks countries by perceived levels of public sector corruption. It is based on expert assessments and business surveys, with higher scores indicating lower perceived corruption.
Religion
Roman Catholic (78.8%), Other (8.2%), Muslim (6.4%), Other Christian (3.9%), Iglesia ni Cristo (2.6%), None/Unspecified (0.1%)
Ethnicity
Other local ethnicity (26.2%), Tagalog (24.4%), Bisaya/Binisaya (11.4%), Cebuano (9.9%), Ilocano (8.8%), Hiligaynon/Ilonggo (8.4%), Bikol/Bicol (6.8%), Waray (4%), Other foreign ethnicity (0.1%)
World Happiness Index
Philippines ranked 56th out of 147 countries, with a score of 6.206.
The World Happiness Index ranks countries by people’s self-reported life satisfaction. It also considers factors like income, health, social support, freedom, and trust.
Social statistics sources: World Bank / Transparency International / Worldometer / World Population Review / World Happiness Report
Research & Development
R&D Expenditure
0.32% of GDP
World Competitiveness Ranking
Philippines ranked 47th out of 70 countries, with a score of 59.07
The World Competitiveness Ranking measures how well countries create an environment that supports business performance and long-term prosperity. It evaluates factors such as economic performance, government efficiency, business efficiency, and infrastructure.
World Digital Competitiveness Ranking
Philippines ranked 56th out of 69 countries, with a score of 50.87
The World Digital Competitiveness Ranking measures how well countries adopt and develop digital technologies to drive economic transformation. It assesses factors such as knowledge, technology, and future readiness.
Technology – Economic Complexity Index
Ranked 62nd out of 97 countries
Research – Economic Complexity Index
Ranked 53rd out of 138 countries
The Economic Complexity Index (ECI) measures the sophistication and diversity of a country’s exports.
Global Innovation Index
Ranked 11th out of 17 South East Asian and Oceanian countries, and 50th out of 139 countries worldwide
The Global Innovation Index captures the innovation ecosystem performance of economies and tracks the most recent global innovation trends.
Research & Development sources: World Bank / OEC / WIPO / IMD