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TRANSCRIPT
HIGH and STEADY economic growth
-8
-6
-4
-2
0
2
4
6
8 6.7%(2017)
6.8%(Q1 2018)
China 6.8%
Vietnam 7.4%
Philippines6.8%
Indonesia 5.1%
Malaysia 5.4%
Thailand 4.8%
Singapore 4.4%
India 7.7%
One of the fastest
growingeconomies
in Asia(Q1 2018)
0.40.7
3.03.9
1990-1999 2000-2009 2010-2017 Q1 2018
Household Consumption GovernmentInvestment Net Exports
6.4%
4.5%2.8%
Demand Side Supply Side
6.8%
0.71.2 2.4 2.7
1990-1999 2000-2009 2010-2017 Q1 2018
Agriculture Industry Services
6.8%6.4%
4.5%
2.8%
Rising contribution of INDUSTRY and INVESTMENT
19.8%(May 2018) 21.3%
(May 2018)
2017 2018Photo source: business.inquirer.net
Volume of Production Index
Value of Production Index
Resurgence of the Manufacturing Sector
Transportation, PHP4,968.26 B,
64.2%Water
Resources, PHP937.51 B,
12.1%
Social Infrastructure,
PHP1,010.14 B, 13.1%
Power, PHP78.48B, 1.0%
ICT, PHP108.78 B, 1.4%
Government Building, PHP122.92B, 1.6%
Others, PHP512.19 B,
6.6%
Flagship Infrastructure Projects
4,490* total priority infrastructure projects throughout the country
Accelerating growth through BUILD, BUILD, BUILD
*494 additional projects amounting to PhP1.31 trillion reflected in other Chapters of the Public Investment Program
Fewer families rate themselves
poor.
Number of families who consider
themselves “food poor” at record low.
(SWS Survey, March 2018)
Above-target inflation (4.3%, January-June 2018) expected to be temporary as government
implements reforms
Lowest unemployment rate in 10 years for all
April Labor Force Surveys (5.5%)
1.52 million additional employment
generated in the first half of 2018
Better maternal and
child health care services
resulting in fewer infant and under-
five mortality.
Photo source: inquirer.net
Steady decline in students dropping out of school
94.2% of students reaching final year of elementary 84.6% of students reaching final year of high school
(School Year 2016-2017)
Philippines – one of the new Asian Tigers and leaders in ICT service exports in
Southeast Asia
Socioeconomic Report 2017
“Facilitating Transition,
ImplementingChange”
We are committed to our mandate of ensuring stable, sustainable, and inclusive growth…
Photo source: Department of Finance