<Table> Economy of the Philippines <Tr> <Td_colspan="2"> 3 major business districts of the Philippines (from top to bottom; Bonifacio Global City, Ortigas Center, Makati Central Business District) </Td> </Tr> <Tr> <Th> Currency </Th> <Td> Philippine peso (Filipino: piso; sign: ₱; code: PHP) </Td> </Tr> <Tr> <Th> Fiscal year </Th> <Td> Calendar year </Td> </Tr> <Tr> <Th> Trade organizations </Th> <Td> APEC, ASEAN, WTO, EAS, AFTA, ADB, and others </Td> </Tr> <Tr> <Th_colspan="2"> Statistics </Th> </Tr> <Tr> <Th> GDP </Th> <Td> <P> (nominal) $399 billion (2018 est .) </P> (PPP) $0.961 trillion (2018 est .) </Td> </Tr> <Tr> <Th> GDP rank </Th> <Td> 34th nominal (2017) 29th PPP (2017) </Td> </Tr> <Tr> <Th> GDP growth </Th> <Td> 6.6% (Q4 2017) </Td> </Tr> <Tr> <Th> GDP per capita </Th> <Td> <P> (nominal) $3,893 (2018 est .) </P> (PPP) $9,862 (2018 est .) </Td> </Tr> <Tr> <Th> GDP by sector </Th> <Td> agriculture: 9.49% industry: 33.48% services: 57.03% (2015) </Td> </Tr> <Tr> <Th> Inflation (CPI) </Th> <Td> 4% (January 2018) </Td> </Tr> <Tr> <Th> Population below poverty line </Th> <Td> 16% </Td> </Tr> <Tr> <Th> Gini coefficient </Th> <Td> 40.1 (2015) </Td> </Tr> <Tr> <Th> Labor force </Th> <Td> 42.7 million (April 2017) </Td> </Tr> <Tr> <Th> Labor force by occupation </Th> <Td> services: 57.1% agriculture: 25.5% industry: 17.4% (2017 est .) </Td> </Tr> <Tr> <Th> Unemployment </Th> <Td> 5.0% (October 2017) </Td> </Tr> <Tr> <Th> Main industries </Th> <Td> electronics assembly, aerospace, business process outsourcing, food manufacturing, shipbuilding, chemicals, textiles, garments, metals, petroleum refining, fishing, rice </Td> </Tr> <Tr> <Th> Ease - of - doing - business rank </Th> <Td> 113th (2018) </Td> </Tr> <Tr> <Th_colspan="2"> External </Th> </Tr> <Tr> <Th> Exports </Th> <Td> $57.406 billion (2016) </Td> </Tr> <Tr> <Th> Export goods </Th> <Td> semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits </Td> </Tr> <Tr> <Th> Main export partners </Th> <Td> Japan 21.3% United States 14.7% European Union 13.0% China 12.4% Hong Kong 8.0% Singapore 7.3% South Korea 6.0% Netherlands 3.7% Taiwan 3.5% Thailand 3.4% (2013 est .) </Td> </Tr> <Tr> <Th> Imports </Th> <Td> $84.108 billion (2016) </Td> </Tr> <Tr> <Th> Import goods </Th> <Td> electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic </Td> </Tr> <Tr> <Th> Main import partners </Th> <Td> China 12.9% United States 11.2% Japan 10.4% South Korea 8.8% Taiwan 8.5% Singapore 7.4% Thailand 5.4% Saudi Arabia 4.5% Indonesia 4.5% Malaysia 3.7% (2013 est .) </Td> </Tr> <Tr> <Th> FDI stock </Th> <Td> $10 billion (2017) </Td> </Tr> <Tr> <Th> Gross external debt </Th> <Td> $72.36 billion (2017) </Td> </Tr> <Tr> <Th_colspan="2"> Public finances </Th> </Tr> <Tr> <Th> Public debt </Th> <Td> 41.7% of GDP (Q3 2017) </Td> </Tr> <Tr> <Th> Revenues </Th> <Td> $58.97 billion (2016 est .) </Td> </Tr> <Tr> <Th> Expenses </Th> <Td> $75.57 billion (2018) </Td> </Tr> <Tr> <Th> Economic aid </Th> <Td> $1.67 billion </Td> </Tr> <Tr> <Th> Credit rating </Th> <Td> <Ul> <Li> Standard & Poor's: BBB (Domestic) BBB (Foreign) BBB+ (T&C Assessment) Outlook: Stable </Li> <Li> Moody's: Baa2 Outlook: Stable </Li> <Li> Fitch: BBB Outlook: Positive </Li> </Ul> </Td> </Tr> <Tr> <Th> Foreign reserves </Th> <Td> $82.51 billion (September 2017) </Td> </Tr> <Tr> <Td_colspan="2"> All values, unless otherwise stated, are in US dollars . </Td> </Tr> </Table> <Tr> <Td_colspan="2"> 3 major business districts of the Philippines (from top to bottom; Bonifacio Global City, Ortigas Center, Makati Central Business District) </Td> </Tr>

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