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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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/708241523887258262/Philippines-economic-update-investing-in-the-future
http://hdl.handle.net/10986/29725
id okr-10986-29725
recordtype oai_dc
spelling 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
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