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The economy saw continuous real GDP growth of at least 5% since 2012. The Philippine Stock Exchange index ended 2012 with 5,812.73 points a 32.95% growth from the 4,371.96-finish in 2011. [91] The Philippines achieved an investment grade rating for the first time in the first quarter of 2013.
Instead, the economy continued to shrink. Most government development programs failed to materialize. Funds were siphoned off by Marcos or his cronies. American investors were discouraged by the Filipino economic elite who disliked the corruption. [50] [page needed] By 1982, the Philippines’ debt had reached $24.4 billion. [1] [14]
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, ... Philippines: 95,554 USD ...
← 1957 1956 1955 1958 in the Philippines → 1959 1960 1961 Decades: 1930s 1940s 1950s 1960s 1970s See also: List of years in the Philippines films 1958 in the Philippines details events of note that happened in the Philippines in the year 1958. Incumbents President Carlos P. Garcia President: Carlos P. Garcia (Nacionalista Party) Vice President: Diosdado Macapagal (Liberal) Chief Justice ...
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
The Average Indexed Monthly Earnings (AIME) is used in the United States' Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start Method. Specifically, Average Indexed Monthly Earnings is an average of monthly income received by ...