Economics Indicators at a glance

Population (as of August 2018)

106,677,827

Gross National Income (as of Q2, 2018)

5.8%

Gross Domestic Product (as of Q2, 2018)

6.0%

Inflation Rate (as of July 2018)

5.7%

Total Exports (as of June 2018)

$5.70Bp

Total Imports (as of June 2018)

$9.05Bp

Balance of Trade (as of June 2018)

$3.35Bp

Employment Rate (as of April 2018)

94.5%

Labor Force Participation Rate (as of April 2018)

60.9%

Underemployment Rate (as of April 2018)

17.0%

Unemployment Rate (as of April 2018)

5.5%

PH-NL Trade Statistics as of May 2018

(FOB Value in Million U.S. Dollars)

8th NL value Exports in PH

22nd NL value Imports in PH

13th NL Total Trade ranking in PH

Merchandise Balance

1,045,995,484

263,013,215

1,309,088,699

1,898,069,582

NL ranked top 9 for Market destinations (June 2018)

NL is 3rd Top Prospective Investing Country, Q1 2018

$222.92 Million

PhP 878.5 million (majority in investment pledges from NL are meant to fund projects in Administrative and Support Service Activities).

Philippine Merchandise Exports from the Netherlands, May 2018

Philippine Merchandise Imports from the Netherlands, May 2018

1. Digital monolithic integrated circuits

1. Cuts and offals of fowls of the species

Gallus domesticus, frozen

2. Coconut (copra) oil, crude

2. Milk and cream, in powder and granules

3. Semiconductor devices manufactured from

materials on consignment basis

3. Vaccines for human medicines

4. Static converters

4. Other edible offal of swine, frozen

5. Mattresses of other materials

5. Potatoes, prepared or preserved

6. Input or output units, whether or not containing

storage units in the same housing

6. Other preparations of kind used in animal

feeding

7. Desiccated coconuts, fresh or dried

7. Other medicaments

8. Dodecan (lauryl alcohol), hexadecan (cetyl

alcohol and octadecan (stearyl alcohol)

8. Transistors, other than photosensitive

transistors, with a dissipation rate of 1W

9. Other office machines

9. Other parts of aeroplanes or helicopter

10. Electronic calculators capable of operations without an external source of electric power and pocket size data recording

10. Digital monolithic integrated circuits

Exchange rate : Euro 1 = PhP 60.8233, as of 14 August 2018

Sources: www. psa.gov.ph