Country Snapshot



Basic facts

Population
86.97 million (2006 est.)*
GDP
PHP 1364.5 B

(Q1 2006 est.)*

Main languages
Tagalog, English, Spanish
GDP real growth rate
5.8%

(2006 est.)**

Currency
Philippine Peso (PHP)
Inflation
6.3%

(Aug 2006 est.)*

Economic communities
Asia Pacific Economic Co-operation, Association of South-East Asian Nations, World Trade Organization



*National Statistics Office (Philippines)

** Philippine Institute of Development Studies


Political environment

The Philippines is a pluralist democracy modeled on that of the US, with an executive presidency, a bicameral Congress and a Supreme Court that can rule on the constitutionality of government actions.

In 2001 Gloria Macapagal Arroyo, then vice-president, replaced the incumbent president, Joseph Estrada, in a civilian coup backed by the military. She was re-elected to a six-year term as president in May 2004 and she remains in office......

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Title: Philippines Country Snapshot
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