Detailed Information
Country Overview
AS OF 13 Jan 2025- The Philippines is the world’s 34th largest economy, with an estimated gross domestic product (GDP) of about USD 470 billion. As of 2024, services accounted for approximately 65.8% of the total GDP, while manufacturing contributed 17.9%. Electronic products made up 56.9% of its export goods, followed by agricultural products (8.7%) and minerals (4.7%). The country’s natural resources include timber, petroleum, nickel, cobalt, silver, gold, salt, and copper.
- As of 2023, the Philippines’ main export partners are the USA (15.7%), ASEAN (15.2%), China (14.8%), and Japan (14.2%).
Recommended Issuers
Who We Recommend
Republic of the Philippines
Bond:
ROP 1.648 31ROP 4.375 30ROP 4.625 28
Credit Rating:
-/BBB/-
The Export-Import Bank of Korea
Bond:
EIBKOR 5.125 33
Credit Rating:
( Aa2 / AA / AA- )