Economic and social overview of the

Philippines:Comparison with The neighboring

countries

Trade Organizations

APECASEANWTO

Asia-Pacific Economic Cooperation

ChilePeruRussia

Vietnam

United StatesTaiwan

Hong KongChinaMexico

Papua New Guinea

Asia-Pacific Economic Cooperation

KoreaMalaysia

New ZealandPhilippinesSingaporeThailand

AustraliaBruneiCanada

IndonesiaJapan

Asia-Pacific Economic Cooperation

Seeks to promote free trade and economic cooperation.Raise living standards & education levels through

sustainable economic growth.

Asia-Pacific Economic Cooperation

Prospects & options for a Free Trade Area of the Asia-Pacific(FTAAP)

Association of Southeast Asian Nations(ASEAN)

MyanmarCambodia

LaosVietnam

IndonesiaMalaysiaSingaporeThailandBrunei

Association of Southeast Asian Nations(ASEAN)

Aims to include the acceleration of economic

growth, social progress, and cultural development.

to provide opportunities for member countries to discuss

differences peacefully.

ASEAN free trade area(AFTA) –

An agreement by the member nations of ASEAN concerning

Local manufacturing in all ASEANS.

The World Trade Organization has the authority to administer and

police new and existing free trade agreements, to oversee world

trade practices, and to settle trade disputes among member states.

World Trade Organization

GDP of the Philippines

Gross Domestic Product

Gross National Product

Gross Domestic ProductMeasures a country’s

economicActivity regardless of

who owns the productiveAssets in that country.

by adding up what everyone earned in a year (income

approach)

by adding up what everyone spent (expenditure method).

Gross Domestic Product

Total Exports

2009 2010

-15

-10

-5

0

5

10

15

20

Column2

Main Industries1. Electronics Assembly2. Garments3. Footwear4. Pharmaceuticals5. Chemicals6. Wood products7. Food processing8. Petroleum refining9. fishing

Agriculture Products1. Sugar Cane2. Coconuts3. Rice4. Corn5. Bananas6. Cassavas

7. Pineapples8. Mangoes9. pork10. Eggs11. Beef12. fish

Labor force:occpuation

35%

15%

50%

PercentageAgriculture Industry services

Top 10 Exports 1. Coconut Oil2. Gold3. Dried fish and shellfish4. Metal Components5. Household items, woodcrafts and furniture

Top 10 Exports 6. Fashion Accessories7. Petroleum Products8. Electric Apparatus9. Semiconductors10. Computer Accessories

Export partners of thePhilippines

United St

ates

Japan

China

Singa

pore

Hong kong

South Korea

German

y02468

10121416

4.1%15.35% 14.19%

13.19% 9.44%

9% 5.12%

Principal purchasers ofThe countries exports United StatesJapanSingaporeThe NetherlandsHong KongGermanyThailand

Total Imports

2009 2010

-15

-10

-5

0

5

10

15

20

25

Column2

Top 10 Imports Electronic productsMineral fuelsMachinery and transport equipmentIron and steelTextile fabricsGrainsChemicalsPlastic

Principal purchasers ofThe countries imports JapanUnited StatesSingaporeSaudi ArabiaSouth KoreaGermanyMalaysia

Import partners of thePhilippines

japan

United St

ates

Singa

poreChina

Taiwan

02468

10121416

15.32%11.47%

9.54% 8.93% 8.27%

9.54% 8.93% 8.27%

ECONOMIC FACTORSInfrastructure

SchoolsHealth centers

BridgesRoads

Irrigation works

9.54% 8.93% 8.27%

ECONOMIC FACTORSEnergy

Geothermal ResourcesHydroelectric powerOffshore oil reserves

Coal field

9.54% 8.93% 8.27%

ECONOMIC FACTORSTransportation

JeepneyTrain

National Air carrierNAIAMIA

The total of incomes Earned by residents of a

country regardless of where the assets are

located.

Gross National Product

How GNP is measured?

• Totaling all personal spending

• All government

spending

all investment spending by a

nation's industry both domestically and all over the

world.

1 United States 14,624,184

2 People's Republic of China 5,745,133

3 Japan 5,390,897

4 Germany 3,305,898

5 France 2,555,439

6 United Kingdom 2,258,565

7 Italy 2,036,687

8 Brazil 2,023,528

9 Canada 1,563,664

10 Russia 1,476,912

Top 10 GDP of the World

GDP of the ASEAN countries18 Indonesia 695,059

30 Thailand 312,605

38 Malaysia 218,950

39 Singapore 217,377

46 Philippines 189,061

58 Vietnam 101,987

115 Brunei 11,963

119 Cambodia 11,360

Ten largest economies

Thank You for Listening!Reporter: Angeline R. ParedesIII-6 BEEd

Subject: Geography

Professor Gerry Areta