Philippines Economic Update, April 2018 : Investing in the Future
In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016....
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World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/708241523887258262/Philippines-economic-update-investing-in-the-future http://hdl.handle.net/10986/29725 |
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okr-10986-297252021-09-11T05:10:51Z Philippines Economic Update, April 2018 : Investing in the Future World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK EXCHANGE RATES EXPORTS FISCAL TRENDS MONETARY POLICY POVERTY LABOR MARKET EMPLOYMENT SHARED PROSPERITY RISK MANAGEMENT WAGES EDUCATION In 2017, the Philippines was among the top three growth performers in the East Asia region. Only Vietnam and China performed better. The Philippines growth performance slightly weakened in 2017 to 6.7 percent year-on-year from 6.9 percent in 2016. Growth was anchored in strong exports, while investment growth significantly slowed and consumption growth moderated. The Philippines' annual exports rose sharply in 2017 and became the main engine of economic growth, while imports continued to grow by double-digits. Investment growth slowed in 2017, following two consecutive years of rapid expansion, and climbing inflation slowed real wage growth and contributed to a moderation in private consumption growth. 2018-04-26T17:31:21Z 2018-04-26T17:31:21Z 2018-04 Report http://documents.worldbank.org/curated/en/708241523887258262/Philippines-economic-update-investing-in-the-future http://hdl.handle.net/10986/29725 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Philippines |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ECONOMIC GROWTH ECONOMIC OUTLOOK EXCHANGE RATES EXPORTS FISCAL TRENDS MONETARY POLICY POVERTY LABOR MARKET EMPLOYMENT SHARED PROSPERITY RISK MANAGEMENT WAGES EDUCATION |
spellingShingle |
ECONOMIC GROWTH ECONOMIC OUTLOOK EXCHANGE RATES EXPORTS FISCAL TRENDS MONETARY POLICY POVERTY LABOR MARKET EMPLOYMENT SHARED PROSPERITY RISK MANAGEMENT WAGES EDUCATION World Bank Philippines Economic Update, April 2018 : Investing in the Future |
geographic_facet |
East Asia and Pacific Philippines |
description |
In 2017, the Philippines was among the
top three growth performers in the East Asia region. Only
Vietnam and China performed better. The Philippines growth
performance slightly weakened in 2017 to 6.7 percent
year-on-year from 6.9 percent in 2016. Growth was anchored
in strong exports, while investment growth significantly
slowed and consumption growth moderated. The
Philippines' annual exports rose sharply in 2017 and
became the main engine of economic growth, while imports
continued to grow by double-digits. Investment growth slowed
in 2017, following two consecutive years of rapid expansion,
and climbing inflation slowed real wage growth and
contributed to a moderation in private consumption growth. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Philippines Economic Update, April 2018 : Investing in the Future |
title_short |
Philippines Economic Update, April 2018 : Investing in the Future |
title_full |
Philippines Economic Update, April 2018 : Investing in the Future |
title_fullStr |
Philippines Economic Update, April 2018 : Investing in the Future |
title_full_unstemmed |
Philippines Economic Update, April 2018 : Investing in the Future |
title_sort |
philippines economic update, april 2018 : investing in the future |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/708241523887258262/Philippines-economic-update-investing-in-the-future http://hdl.handle.net/10986/29725 |
_version_ |
1764470117209473024 |