Philippines PESTLE Insights – A Macroeconomic Outlook Report

Pages: 46 Published: May 31, 2021 Report Code: GDER0009

Mining, manufacturing and utilities contributed 22.0% to the gross value added (GVA) in 2020, followed by financial intermediation, real estate and business activities (21.0%), and wholesale, retail and hotels (18.3%). In nominal terms, the three sectors are expected to grow by 6.9%, 10.6% and 10.7%, respectively, in 2021.

Four major regions in the Philippines generated around 63.5% of the country’s GDP and were home to 46.1% of the country’s population in 2020.

Scope

– Japan invested the most in the Philippines in 2020

– The PSEi index exhibited an upward trend over the past year. As of May 11, 2021, the PSEi index stood at 6,326.8, compared to 5,667.9 on May 11, 2020.

Reasons to Buy

– Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

– PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

– Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

– This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Key Players

AADB
Metro bank
Almazora

Table of Contents

Table of Contents

List of Exhibits

Did You Know?

Country Highlights

The Economy’s Recovery from the COVID-19 Crisis

Country Snapshot

Political Landscape

Economic Landscape

Social Landscape

Technological Landscape

Legal Landscape

Environmental Landscape

Outlook

List of Figures

List of Figures

Exhibit 1: The Philippines’ Performance in terms of its Country Risk Analysis in Comparison to Asia-Pacific and the World Average

Exhibit 2: Performance Overview (Score: 1-100)

Exhibit 3: Broad Categories and Weights Behind the Index

Exhibit 4: The Philippines Stock Market Index

Exhibit 5: Key Sectors’ Contribution to the Economy (2016-2023f)

Exhibit 6: FDI Flows in the Philippines (January 2019-February 2021) and FDI by Sector’s Share (2016-2020)

Exhibit 7: Investment Inflows by Country and International Investment Position (2016-2020)

Exhibit 8: Key Infrastructure Indicators

Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)

Exhibit 10: Real GDP Growth Rate Comparison (2020)

Exhibit 11: Exports and Imports Volume Growth (2016-2023f)

Exhibit 12: Current Account Balance (2016-2023f)

Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2019)

Exhibit 14: Electrical Machinery and Equipment, % Share of World’s Total Exports (2019)

Exhibit 15: Interest Rates (April 2016 – April 2021)

Exhibit 16: Exchange Rate (2016-2023f)

Exhibit 17: Public Finance (2016-2023f)

Exhibit 18: General Government Debt (2016-2023f)

Exhibit 19: Unemployment (2016-2023f)

Exhibit 20: Average Annual Wages (2015-2023f)

Exhibit 21: Labor Cost Index (2016-2019)

Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)

Exhibit 23: Age-group Share of Total Population (1995, 2005, 2015, 2025)

Exhibit 24: Gender Split (1995, 2005, 2015, 2025)

Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)

Exhibit 26: Number of Patents Granted Per Million Population (2020)

Exhibit 27: High-Technology Exports, % Of Manufactured Exports (2019)

Exhibit 28: Doing Business in Norway 2020

Exhibit 29: Corruption Perceptions Index (Rankings) (2020)

Exhibit 30: CO2 Emissions (2016-2019)

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PESTLE Insights: Macroeconomic Outlook Report – Philippines

Pages: 41 Published: September 28, 2018 Report Code: GDER0009

Mining, manufacturing and utilities contributed 23.4% to the gross value added (GVA) in 2017, followed by financial intermediation, real estate and business activities (21.4%) and wholesale, retail and hotels (18.4%). In nominal terms, the three sectors are expected to grow by 9.7%, 11.9% and 11.5%, respectively, in 2018.

Four major regions of the Philippines generate around 69% of the country’s GDP and comprise 44% of the country’s population, as per the latest available data.

Scope

– As per the Logistics Performance Index 2018, the Philippines ranked 60th out of total 160 nations, improving from 71st rank in 2016.

– The government has implemented the “Build Build Build” policy under which the infrastructure spending is expected to reach PHP 9 tn (US$0.2 tn) during 2017-2022

– The overall PSEi index exhibits a downward trend over last year. As of August 1st, 2018 PSEi index stood at 7,838.2, compared to 7,906.6 on August 1st, 2017.

Reasons to Buy

– Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

– PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

– Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

– This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Table of Contents

Table of Contents

Table of Contents 02

List of Exhibits 03

Did you Know? 04

Country Highlights 05

Country Snapshot 07

PESTLE Insights 21

Political Landscape 22

Economic Landscape 23

Social Landscape 30

Technological Landscape 33

Legal Landscape 36

Environmental Landscape 37

Outlook 38

List of Figures

List of Figures

Exhibit 1: The Philippines’ Performance in Country Risk Analysis in Comparison to Asia Pacific and the World Average 11

Exhibit 2: Performance Overview (Score: 1-100) 11

Exhibit 3: Broad Categories and Weights behind the Index 12

Exhibit 4: The Philippines Stock Market Index 14

Exhibit 5: Key Sectors Contribution to the Economy 15

Exhibit 6: : FDI Inflows and Outflows (2014-17) and Share of FDI Inflow by Industry (2017) and FDI by Industry (2015-2017) 16

Exhibit 7: Foreign Investment by Region during (2016-2017) and Share of Foreign Investment by Investing Countries (2017) 18

Exhibit 8: Key Infrastructure Indicators 20

Exhibit 9: Real GDP and Household Consumption Growth Rate 24

Exhibit 10: Real GDP Growth Rate Comparison (2017) 24

Exhibit 11: Export, Import and Trade Balance 25

Exhibit 12: Current Account Balance 25

Exhibit 13: Top Three Commodity Exports, % of Total Exports, 2013-2016 26

Exhibit 14: Electrical machinery and equipment, % share in world exports, 2017 26

Exhibit 15: Interest Rates 28

Exhibit 16: Exchange Rate 28

Exhibit 17: Public Finance 29

Exhibit 18: General Government Debt 29

Exhibit 19: Employment/Unemployment 31

Exhibit 20: Average Annual Wages 31

Exhibit 21: Labour Cost Index 31

Exhibit 22: Rural/Urban Share in Total Population 32

Exhibit 23: Age-group Share of Total Population 32

Exhibit 24: Gender Split 32

Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2016 34

Exhibit 26: Number of Patents Granted Per M Inhabitants, 2015 35

Exhibit 27: High-technology Exports (% of manufactured exports) 35

Exhibit 28: Doing Business in The Philippines 2018 36

Exhibit 29: Corruption Perception Index (Rankings) 2017 36

Exhibit 30: CO2 Emissions 37

$500

Can be used by individual purchaser only

$1,500

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Testimonial

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods
Financial Services
New
Wealth Management Trends and Themes in 2023
$5,250 | February 2023
Financial Services
New
Global Risk Report Quarterly Update - Q4 2022
$1,100 | March 2023