The Gross Domestic Product (GDP) in South Korea expanded 1.20 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in South Korea averaged 1.78 percent from 1960 until 2019, reaching an all time high of 7.80 percent in the fourth quarter of 1970 and a record low of -7 percent in the first quarter of 1998. South Korea has an export oriented economy and is the world's leading producer of displays and memory semiconductors and the second largest producer of ships. Services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP. This page provides - South Korea GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in the United States contracted 4.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in the United States averaged 3.18 percent from 1947 until 2020, reaching an all time high of 16.70 percent in the first quarter of 1950 and a record low of -10 percent in the first quarter of 1958. On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Lithuania contracted 0.20 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Lithuania averaged 1.04 percent from 1995 until 2020, reaching an all time high of 4.80 percent in the first quarter of 2003 and a record low of -13.10 percent in the first quarter of 2009. In 2015, Lithuania became the 19th member of Euro Area. Lithuania’s service sector constitutes the largest share of GDP with information and communication technologies being the fastest growing. Also, in recent years Lithuania has shifted towards a knowledge-based economy: several companies produce sophisticated biotech products like pharmaceutical substances, components for molecular diagnostics and laser equipment. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. On a production side, the wholesale and retail trade, transport, accommodation and food service activities sector is the most important and accounts for around 32 percent to total GDP. It follows by industry (23 percent of total GDP); manufacturing (19 percent); public administration, defence, education, human health and social work activities (14 percent); construction (7 percent); real estate activities (6 percent); professional, scientific and technical activities and administrative and support services (6 percent); information and communication (3 percent); agriculture (4 percent); financial and insurance (2 percent); and arts, entertainment and recreation, repair of household goods and other services (2 percent). This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) In the Euro Area contracted 3.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in the Euro Area averaged 0.35 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the second quarter of 1997 and a record low of -3.80 percent in the first quarter of 2020. The Euro Area is an economic and monetary union of 19 European countries that adopted the euro as their currency. It is the second largest economy in the world and if it was a country it would be the third most populous with 341 million inhabitants. Germany, France, Italy and Spain are the most important economies accounting respectively for 29 percent, 20 percent, 15 percent and 10 percent of the bloc’s GDP. This page provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Latvia contracted 2.90 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Latvia averaged 0.92 percent from 1995 until 2020, reaching an all time high of 6.50 percent in the fourth quarter of 1996 and a record low of -5.70 percent in the second quarter of 2009. Latvia's GDP growth in recent years has been mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. On the expenditure side, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP. Latvia joined the Euro in 2014. This page provides - Latvia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mexico contracted 1.60 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Mexico averaged 0.56 percent from 1993 until 2020, reaching an all time high of 3.20 percent in the third quarter of 2009 and a record low of -5.70 percent in the first quarter of 1995. In Mexico, services account for 62 percent of total GDP. The biggest segments within services are: wholesale and retail trade (16 percent); real estate (10 percent); transport, warehousing and communications (7 percent) and financial services and insurance (6 percent). Industry constitutes 18 percent of output and the largest segments within this sector are: automobile industry (4 percent of total GDP) and food industry (3.8 percent). The remaining share is divided by: construction, water, gas and electricity distribution (8 percent), mining (5 percent), government (4 percent ) and agriculture, forestry, fishing and hunting (3 percent). This page provides - Mexico GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in France contracted 5.80 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in France averaged 0.75 percent from 1949 until 2020, reaching an all time high of 8 percent in the third quarter of 1968 and a record low of -5.80 percent in the first quarter of 2020. France is the seventh largest economy in the world and the second largest in the Euro Area. The biggest sector of the economy is household consumption (55 percent) followed by government expenditure (24 percent) and gross fixed capital formation (22 percent). Exports of goods and services account for 29 percent of GDP while imports account for 31 percent, subtracting 2 percent from total GDP. This page provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Sweden contracted 0.30 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Sweden averaged 0.56 percent from 1981 until 2020, reaching an all time high of 3.50 percent in the first quarter of 2010 and a record low of -3.80 percent in the fourth quarter of 2008. On the expenditure side, household consumption is the main component of Swedish GDP and accounts for 46 percent of its total use, followed by government consumption (26 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 45 percent of GDP while imports account for 41 percent, adding 4 percent of total GDP. This page provides - Sweden GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Indonesia contracted 2.41 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Indonesia averaged 1.31 percent from 2005 until 2020, reaching an all time high of 4.21 percent in the second quarter of 2018 and a record low of -3.57 percent in the fourth quarter of 2008. Indonesian economy is the largest in South East Asia. The country has been growing steady in the last few years mostly due to high domestic consumption and growth in exports of manufactured products and commodities. This page provides - Indonesia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Netherlands expanded 0.40 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Netherlands averaged 0.54 percent from 1988 until 2019, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.60 percent in the first quarter of 2009. The Netherlands is the sixth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Germany stagnated 0 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Germany averaged 0.50 percent from 1970 until 2019, reaching an all time high of 4 percent in the second quarter of 1970 and a record low of -4.70 percent in the first quarter of 2009. Germany is the fifth largest economy in the world and the largest within the Euro Area. Germany is the second largest exporter in the world and exports account for more than one-third of national output. As such, the export of high added value products has been the main driver of growth in recent years. Composition of the GDP on the expenditure side: household consumption (55 percent), gross capital formation (20 percent, of which 10 percent in construction, 6 percent in machinery and equipment and 4 percent in other products) and government expenditure (19 percent). Exports of goods and services account for 46 percent of GDP while imports for 39 percent, adding 7 percent to total GDP. This page provides the latest reported value for - Germany GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Temperature in Greenland decreased to -26.40 celsius in December from -24.95 celsius in November of 2015. Temperature in Greenland averaged -18.58 celsius from 1823 until 2015, reaching an all time high of 0.34 celsius in July of 2009 and a record low of -37.66 celsius in February of 1868. This page includes a chart with historical data for Greenland Average Temperature.

Temperature in Belize decreased to 25.18 celsius in December from 25.39 celsius in November of 2015. Temperature in Belize averaged 25.06 celsius from 1825 until 2015, reaching an all time high of 28.92 celsius in May of 1980 and a record low of 19.72 celsius in December of 1839. This page includes a chart with historical data for Belize Average Temperature.

Unemployment Rate in Belize increased to 9.40 percent in 2018 from 9 percent in 2017. Unemployment Rate in Belize averaged 11.47 percent from 1993 until 2018, reaching an all time high of 23.30 percent in 2010 and a record low of 8 percent in 2016. In Belize, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force. This page provides - Belize Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Belize decreased to 73.80 BZD Million in the third quarter of 2019 from 86.60 BZD Million in the second quarter of 2019. GDP From Public Administration in Belize averaged 52.34 BZD Million from 1994 until 2019, reaching an all time high of 86.60 BZD Million in the second quarter of 2019 and a record low of 31.50 BZD Million in the third quarter of 1996. This page provides - Belize Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Belize was recorded at 0.20 percent in January of 2020. Inflation Rate in Belize averaged 0.96 percent from 1991 until 2020, reaching an all time high of 9.60 percent in August of 2008 and a record low of -12.70 percent in March of 2011. In Belize, the most important category in the consumer price index is Housing and Utilities (26.5 percent of total weight). Food and Non-Alcoholic Beverages accounts for 19.5 percent; Transport for 13.6 percent; Clothing and Footwear for 8.3 percent; Furniture, Household Goods and Maintenance for 6.9 percent and Recreation and Culture for 6.9 percent. Miscellaneous Goods and Services; Health; Communication; Education; Alcoholic beverages and Tobacco and Restaurants and Hotels account for the remaining 18.3 percent of total weight. This page provides the latest reported value for - Belize Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Belize decreased 0.10 percent in January of 2020 over the previous month. Inflation Rate Mom in Belize averaged 0.05 percent from 2011 until 2020, reaching an all time high of 1 percent in February of 2017 and a record low of -0.80 percent in May of 2017. This page provides - Belize Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Belize was last recorded at 2.30 percent. Interest Rate in Belize averaged 3.62 percent from 2010 until 2020, reaching an all time high of 6.88 percent in September of 2010 and a record low of 1.98 percent in July of 2019. In Belize, the Interbank Rate is the rate of interest charged on short-term loans made between banks. The Central Bank of Belize does not control the monetary system by monitoring interest rates. Instead, it is responsible for maintaining a stable exchange rate. Since May of 1976, Belize has maintained a fixed exchange rate of BZD 2.00 to USD 1.00. This page provides - Belize Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Belize contracted 1.30 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Belize averaged 0.96 percent from 1994 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2000 and a record low of -10.90 percent in the first quarter of 2001. This page provides the latest reported value for - Belize GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Belize contracted 2.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Belize averaged 3.47 percent from 1995 until 2019, reaching an all time high of 21.10 percent in the fourth quarter of 2000 and a record low of -8 percent in the fourth quarter of 1995. This page provides - Belize Gdp Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Belize stands at CCC with negative outlook. Moody's credit rating for Belize was last set at B3 with stable outlook. This page provides - Belize Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Temperature in Costa Rica decreased to 24.61 celsius in December from 25.12 celsius in November of 2015. Temperature in Costa Rica averaged 25.61 celsius from 1851 until 2015, reaching an all time high of 28.86 celsius in April of 1998 and a record low of 22.99 celsius in December of 1889. This page includes a chart with historical data for Costa Rica Average Temperature.

Deposit Interest Rate in Costa Rica increased to 4.02 percent in 2018 from 2.79 percent in 2017. Deposit Interest Rate in Costa Rica averaged 11.79 percent from 1982 until 2018, reaching an all time high of 27.32 percent in 1991 and a record low of 1.21 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Costa Rica.

The Sales Tax Rate in Costa Rica stands at 13 percent. In Costa Rica, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Costa Rica stands at 30 percent. Corporate Tax Rate in Costa Rica averaged 30.33 percent from 2003 until 2020, reaching an all time high of 36 percent in 2003 and a record low of 30 percent in 2004. In Costa Rica, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Costa Rica stands at 15 percent. In Costa Rica, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Costa Rica. This page provides - Costa Rica Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Costa Rica stands at 10.34 percent. Social Security Rate For Employees in Costa Rica averaged 9.29 percent from 2004 until 2019, reaching an all time high of 10.34 percent in 2018 and a record low of 9 percent in 2005. In Costa Rica, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Costa Rica because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Costa Rica Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Costa Rica was last recorded at 1.25 percent. Interest Rate in Costa Rica averaged 5.46 percent from 2006 until 2020, reaching an all time high of 10 percent in August of 2008 and a record low of 1.25 percent in March of 2020. In Costa Rica, interest rate decisions are taken by the Central Bank of Costa Rica. The official interest rate is the monetary policy rate. The monetary policy rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds. This page provides - Costa Rica Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Costa Rica expanded 2.90 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Costa Rica averaged 4.33 percent from 1992 until 2019, reaching an all time high of 10.20 percent in the third quarter of 1992 and a record low of -2.40 percent in the first quarter of 2009. The biggest sector of Costa Rica’s economy is services, which accounts for 63 percent of GDP. Within services the most important segments are: transport, communication and warehousing (16 percent of GDP); trade, restaurants and hotels (15 percent) and community, personal and social services (9 percent). Manufacturing, mining and quarrying create 21 percent of the wealth. Agriculture, forestry and fishing contribute for 9 percent of the output and construction and water and electricity distribution for the remaining 7 percent. This page provides the latest reported value for - Costa Rica GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Public Administration in Costa Rica increased to 279338.37 CRC Million in the fourth quarter of 2019 from 278915.49 CRC Million in the third quarter of 2019. GDP From Public Administration in Costa Rica averaged 223775.11 CRC Million from 1991 until 2019, reaching an all time high of 279338.37 CRC Million in the fourth quarter of 2019 and a record low of 182422.82 CRC Million in the first quarter of 1991. This page provides - Costa Rica Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Costa Rica expanded 1 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Costa Rica averaged 1.07 percent from 1991 until 2019, reaching an all time high of 4.20 percent in the third quarter of 1992 and a record low of -2.20 percent in the first quarter of 2009. Costa Rica is an upper middle-income country with a service based economy where commerce, tourism and services account for more than 60 percent of GDP. However, in recent years, the country has been diversifying its industrial base and it has become an important producer of electronic components and medical equipment, mostly due to rise in foreign direct investment. This page provides the latest reported value for - Costa Rica GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Costa Rica increased to 12.50 percent in the first quarter of 2020 from 12.40 percent in the fourth quarter of 2019. Unemployment Rate in Costa Rica averaged 9.96 percent from 2010 until 2020, reaching an all time high of 12.50 percent in the first quarter of 2020 and a record low of 8.30 percent in the fourth quarter of 2013. In Costa Rica, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Costa Rica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Costa Rica increased to 55.50 percent in the first quarter of 2020 from 55.10 percent in the fourth quarter of 2019. Employment Rate in Costa Rica averaged 54.87 percent from 2010 until 2020, reaching an all time high of 57.79 percent in the fourth quarter of 2013 and a record low of 51.16 percent in the second quarter of 2011. In Costa Rica, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Costa Rica Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Costa Rica decreased 0.08 percent in April of 2020 over the previous month. Inflation Rate Mom in Costa Rica averaged 1.02 percent from 1976 until 2020, reaching an all time high of 10.73 percent in July of 1982 and a record low of -1.70 percent in July of 1983. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Costa Rica Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Costa Rica was recorded at 0.89 percent in April of 2020. Inflation Rate in Costa Rica averaged 13.91 percent from 1977 until 2020, reaching an all time high of 108.89 percent in September of 1982 and a record low of -1.20 percent in November of 2015. In Costa Rica, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (19 percent of the total weight); Transportation (18 percent) and Rent and Household Services (11 percent). Furniture and Household Equipment account for 9 percent; Restaurants and Hotels for 8.6 percent; Entertainment and Culture for 7 percent and Miscellaneous Goods and Services for 6 percent. Others include: Education (5.9 percent); Clothing and Footwear (5.8 percent); Health Care (5 percent); Communications (4 percent) and Alcoholic Beverages and Tobacco (1 percent). The national index has a base of 100 as of July 2006. The CPI reflects the prices and spending patterns registered in the 114 urban districts of the country. This page provides - Costa Rica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Costa Rica stands at B+ with negative outlook. Moody's credit rating for Costa Rica was last set at B2 with stable outlook. Fitch's credit rating for Costa Rica was last reported at B with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Costa Rica thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Costa Rica as reported by major credit rating agencies.

Producer Prices in Japan decreased to 101.10 points in March from 102 points in February of 2020. Producer Prices in Japan averaged 88.50 points from 1960 until 2020, reaching an all time high of 112.50 points in September of 1980 and a record low of 47.40 points in June of 1962. In Japan, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Japan Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Philippines stands at 3.69 percent. Social Security Rate For Employees in Philippines averaged 3.51 percent from 2006 until 2018, reaching an all time high of 3.69 percent in 2014 and a record low of 3.39 percent in 2007. In Philippines, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Philippines because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Philippines Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Philippines stands at 30 percent. Corporate Tax Rate in Philippines averaged 31.63 percent from 1997 until 2020, reaching an all time high of 35 percent in 1997 and a record low of 30 percent in 2009. In Philippines, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Philippines. This page provides - Philippines Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Philippines stands at 35 percent. Personal Income Tax Rate in Philippines averaged 32.38 percent from 2004 until 2019, reaching an all time high of 35 percent in 2018 and a record low of 32 percent in 2005. In Philippines, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Philippines. This page provides - Philippines Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Philippines decreased to 6.54 percent in December from 6.77 percent in November of 2019. Bank Lending Rate in Philippines averaged 12.94 percent from 1976 until 2019, reaching an all time high of 39.73 percent in December of 1984 and a record low of 5.09 percent in February of 2015. In Philippines, the bank lending rate is lower band of the lending rates of interest charged on loans by commercial banks to private individuals and companies. This page provides - Philippines Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Philippines increased to 5.30 percent in the first quarter of 2020 from 4.50 percent in the fourth quarter of 2019. Unemployment Rate in Philippines averaged 8.22 percent from 1994 until 2020, reaching an all time high of 13.90 percent in the first quarter of 2000 and a record low of 4.50 percent in the fourth quarter of 2019. In Philippines, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Philippines Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Philippines decreased to 94.69 percent in the first quarter of 2020 from 95.46 percent in the fourth quarter of 2019. Employment Rate in Philippines averaged 91.44 percent from 1991 until 2020, reaching an all time high of 95.46 percent in the fourth quarter of 2019 and a record low of 85.60 percent in the second quarter of 1991. In Philippines, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Philippines Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cash Reserve Ratio in Philippines decreased to 12 percent in March from 14 percent in February of 2020. Cash Reserve Ratio in Philippines averaged 19.18 percent from 1986 until 2020, reaching an all time high of 25 percent in December of 1990 and a record low of 12 percent in July of 1999. Cash Reserve Ratio is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank. This page provides - Philippines Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Philippines increased 2.80 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Philippines averaged 3.81 percent from 2001 until 2020, reaching an all time high of 7.25 percent in October of 2008 and a record low of 1.40 percent in September of 2015. In Philippines, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Philippines Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Philippines decreased 0.10 percent in April of 2020 over the previous month. Inflation Rate Mom in Philippines averaged 0.64 percent from 1957 until 2020, reaching an all time high of 8.80 percent in July of 1984 and a record low of -4.50 percent in November of 1972. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Philippines Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Philippines was recorded at 2.20 percent in April of 2020. Inflation Rate in Philippines averaged 8.27 percent from 1958 until 2020, reaching an all time high of 62.80 percent in September of 1984 and a record low of -2.10 percent in January of 1959. In Philippines, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (39 percent of total weight); housing, water, electricity, gas and other fuels (22 percent) and transport (8 percent). The index also includes health (3 percent), education (3 percent), clothing and footwear (3 percent), communication (2 percent) and recreation and culture (2 percent). Alcoholic beverages, tobacco, furnishing, household equipment, restaurants and other goods and services account for the remaining 15 percent. This page provides the latest reported value for - Philippines Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Philippines contracted 5.10 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Philippines averaged 1.19 percent from 1998 until 2020, reaching an all time high of 3.40 percent in the first quarter of 2010 and a record low of -5.10 percent in the first quarter of 2020. The Philippines has a status of emerging economy. In recent years, the country has been steadily growing mainly due to inflow of foreign direct investment and remittances. The Philippines is the world’s largest center for business process outsourcing. The country also has a strong industrial sector based on the manufacturing of electronics and other high-tech components for overseas corporations. The Philippines is rich in natural resources; it has significant reserves of chromite, nickel, copper, coal and oil. This page provides - Philippines GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Philippines contracted 0.20 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Philippines averaged 3.84 percent from 1982 until 2020, reaching an all time high of 12.40 percent in the fourth quarter of 1988 and a record low of -11.10 percent in the first quarter of 1985. Services are the biggest sector of the Filipino economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, storage and communication (8 percent); financial services (7 percent) and public administration, defense and social security (4 percent). Industry accounts for 31 percent of GDP. Within industry, manufacturing (22 percent of total GDP) and construction (5 percent) are the most important. Agriculture contributes the remaining 12 percent of GDP. This page provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Philippines stands at BBB+ with stable outlook. Moody's credit rating for Philippines was last set at Baa2 with stable outlook. Fitch's credit rating for Philippines was last reported at BBB with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Philippines thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Philippines as reported by major credit rating agencies.