Philippines GDP growth Rate YOY

Below is the time series table of GDP growth of Philippines YOY

GDP
Year growth
9/30/2007 6.3
12/31/2007 6.3
3/31/2008 4
6/30/2008 4.3
9/30/2008 5.3
12/31/2008 3.1
3/31/2009 1
6/30/2009 1.6
9/30/2009 0.5
12/31/2009 1.4
3/31/2010 8.4
6/30/2010 8.9
9/30/2010 7.3
12/31/2010 6.1
3/31/2011 4.6
6/30/2011 3.2
9/30/2011 3.1
12/31/2011 3.8
3/31/2012 6.2
6/30/2012 6.1
9/30/2012 7
12/31/2012 7.3
3/31/2013 7.5
6/30/2013 7.9
9/30/2013 6.8
12/31/2013 6.1
3/31/2014 5.6
6/30/2014 6.8
9/30/2014 5.7
12/31/2014 6.7
3/31/2015 5.1
6/30/2015 6
9/30/2015 6.4
12/31/2015 6.7
3/31/2016 6.9
6/30/2016 7.1
9/30/2016 7.1
12/31/2016 6.6
3/31/2017 6.4
6/30/2017 6.5
T

There is decrease in GDP growth from 2010 to 2011. It is because of country internal turmoil and drag of
agricultural output. There is decline from agricultural contribution to GDP. However, from 2012 there is
increase in GDP growth because of consumer spending, private investments. There is also increase in
government spending on agricultural sector and other sectors. This caused the growth in GDP from 2012

Inflation

Inflation in Philippines is mainly caused by food prices and oil & gas related prices. Housing prices is also
another cause for raise in inflation. Below graph shows the CPI inflation over the period of time
Increase in food related prices caused increase in inflation from 2015 . Below graph compares the CPI
and PPI of the country

Unemployment rate

There is decrease in unemployment rate in the country because of expanding GDP and creation of new
jobs. Below graph shows the unemployment rate over the period of time

It can also be observed in the graph that inflation is inversely proportional to unemployment in the
given period . It is in accordance with the Philip curve

Data of CPI & PPI inflation, unemployment is attached in appendix

 Unemployment
Date Index
4/30/2017 5.7
1/31/2017 6.6
10/31/2016 4.7
7/31/2016 5.4
4/30/2016 6.1
1/31/2016 5.8
10/31/2015 5.6
7/31/2015 6.5
4/30/2015 6.4
1/31/2015 6.6
10/31/2014 6
7/31/2014 6.7
4/30/2014 7
1/31/2014 7.5
10/31/2013 6.5
7/31/2013 7.3
4/30/2013 7.6
1/31/2013 7.1
10/31/2012 6.8
7/31/2012 7
4/30/2012 6.9
1/31/2012 7.2
10/31/2011 6.4
7/31/2011 7.1
4/30/2011 7.2
1/31/2011 7.4
10/31/2010 7.1
7/31/2010 7
4/30/2010 8
1/31/2010 7.3
10/31/2009 7.1
7/31/2009 7.6
4/30/2009 7.5
1/31/2009 7.7
10/31/2008 6.8
7/31/2008 7.4
4/30/2008 8
1/31/2008 7.4
10/31/2007 6.3
Date CPI
8/31/2017
7/31/2017 2.8
6/30/2017 2.7
5/31/2017 3.1
4/30/2017 3.4
3/31/2017 3.4
2/28/2017 3.3
1/31/2017 2.7
12/31/2016 2.6
11/30/2016 2.5
10/31/2016 2.3
9/30/2016 2.3
8/31/2016 1.8
7/31/2016 1.9
6/30/2016 1.9
5/31/2016 1.6
4/30/2016 1.1
3/31/2016 1.1
2/29/2016 0.9
1/31/2016 1.3
12/31/2015 1.5
11/30/2015 1.1
10/31/2015 0.4
9/30/2015 0.4
8/31/2015 0.6
7/31/2015 0.8
6/30/2015 1.2
5/31/2015 1.6
4/30/2015 2.2
3/31/2015 2.4
2/28/2015 2.5
1/31/2015 2.4
12/31/2014 2.7
11/30/2014 3.7
10/31/2014 4.3
9/30/2014 4.4
8/31/2014 4.9
7/31/2014 4.9
 6/30/2014 4.4
5/31/2014 4.5
4/30/2014 4.1
3/31/2014 3.9
2/28/2014 4.1
1/31/2014 4.2
12/31/2013 4.1
11/30/2013 3.3
10/31/2013 2.9
9/30/2013 2.7
8/31/2013 2.1
7/31/2013 2.5
6/30/2013 2.7
5/31/2013 2.6
4/30/2013 2.6
3/31/2013 3.2
2/28/2013 3.4
1/31/2013 3.1
12/31/2012 3
11/30/2012 2.8
10/31/2012 3.2
9/30/2012 3.7
8/31/2012 3.8
7/31/2012 3.2
6/30/2012 2.9
5/31/2012 3
4/30/2012 3
3/31/2012 2.6
2/29/2012 2.7
1/31/2012 4
12/31/2011 4.2
11/30/2011 4.7
10/31/2011 5.2
9/30/2011 4.7
8/31/2011 4.6
7/31/2011 4.9
6/30/2011 5.2
5/31/2011 4.9
4/30/2011 4.7
3/31/2011 4.9
2/28/2011 4.7
 1/31/2011 4
12/31/2010 3.6
11/30/2010 3.7
10/31/2010 3.2
9/30/2010 3.8
8/31/2010 4.1
7/31/2010 3.7
6/30/2010 3.6
5/31/2010 3.9
4/30/2010 4
3/31/2010 3.9
2/28/2010 3.9
1/31/2010 3.9
12/31/2009 4.4
11/30/2009 3.5
10/31/2009 2.9
9/30/2009 2.3
8/31/2009 1.7
7/31/2009 2.2
6/30/2009 3.2
5/31/2009 4.3
4/30/2009 5.6
3/31/2009 6.6
2/28/2009 7.2
1/31/2009 7.1
12/31/2008 7.8
11/30/2008 9.1
10/31/2008 9.7
9/30/2008 10.1
8/31/2008 10.5
7/31/2008 10.2
6/30/2008 9.4
5/31/2008 8.2
4/30/2008 7.3
3/31/2008 5.9
2/29/2008 5.1
1/31/2008 4.6
12/31/2007 3.7
11/30/2007 3.1
10/31/2007 2.9
9/30/2007 2.9