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The national economy of the Philippines is the 36th largest in the world, ranking 13th in Asia and fifth in Southeast Asia, according to estimates, GDP (nominal) in 2016 is 311,687 million USD (2012 is 250,182 million). Biden 2020 I’m Behind You America shirt. USD and 2009 reached 161,196 million USD. [126] The main exports of the Philippines include semiconductor and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Major trading partners of the Philippines include the United States, Japan, China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan and Thailand. [63] The national currency is the Philippine peso. The Philippines is a new industrial country, the economy is in the process of transitioning from agriculture-based to service and manufacturing industries. The total national workforce is about 38.1 million, [63] the agricultural sector employs nearly 32% of the labor force but only contributes 14% of GDP. The industrial sector attracts nearly 14% of the labor force and contributes 30% of GDP. 47% of the labor force is involved in the service sector and contributes 56% of GDP.
OR buy at : Eagle
The national economy of the Philippines is the 36th largest in the world, ranking 13th in Asia and fifth in Southeast Asia, according to estimates, GDP (nominal) in 2016 is 311,687 million USD (2012 is 250,182 million). Biden 2020 I’m Behind You America shirt. USD and 2009 reached 161,196 million USD. [126] The main exports of the Philippines include semiconductor and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Major trading partners of the Philippines include the United States, Japan, China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan and Thailand. [63] The national currency is the Philippine peso. The Philippines is a new industrial country, the economy is in the process of transitioning from agriculture-based to service and manufacturing industries. The total national workforce is about 38.1 million, [63] the agricultural sector employs nearly 32% of the labor force but only contributes 14% of GDP. The industrial sector attracts nearly 14% of the labor force and contributes 30% of GDP. 47% of the labor force is involved in the service sector and contributes 56% of GDP.
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