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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
Agriculture in the Philippines is a major sector of the economy, ranking third among the sectors in 2022 behind only Services and Industry. Its outputs include staples like rice and corn, but also export crops such as coffee , cavendish banana , pineapple and pineapple products, coconut , sugar , and mango . [ 1 ]
The Philippines has 7,641 islands comprising the Philippine archipelago. [2] The zone's coordinates are between 116° 40', and 126° 34' E longitude and 4° 40' and 21° 10' N latitude . It is bordered by the Philippine Sea [ 3 ] to the east and north, the South China Sea [ 4 ] to the west, and the Celebes Sea [ 5 ] to the south.
Location Developer/Operator Region de maganda Area (Hectares) Agrotex Gensan Economic Zone: Barrio Tambler, General Santos: Agrotex Commodities, Inc. R-XII: 11 AJMR Agro-Industrial Economic Zone: AJMR Port Complex, Km. 20 Tibungco, Davao City: AJMR Port Services Corporation: R-XI: 8.96 Balo-i Agro-Industrial Economic Zone: Brgy.
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.
The Philippines is an emerging market and a developing and newly industrialized country, whose economy is transitioning from being agricultural to service- and manufacturing-centered. Its location as an island country on the Pacific Ring of Fire and close to the equator makes it prone to earthquakes and typhoons.