Philippine Misery Index inches down in February
One of the many ways to measure an economy’s health is through the “misery index.” Formulated by the late American economist Arthur Okun in the 1970s, the index was originally calculated as the sum of an economy’s unemployment and inflation rates to assess well-being.
How much did each region contribute to the Philippine economy?
THE NATIONAL Capital Region’s (NCR) economy grew by 7.2% in 2022, buoyed by the full reopening of the country, the Philippine Statistics Authority (PSA) reported on Thursday.
Philippines jumps to 48th spot in 2023 Elite Quality Index
The Philippines rose 13 places to 48th out of 151 countries in the 2023 edition of the Elite Quality Index (EQx) by Switzerland-based Foundation...
Low-skilled migrant Filipino workers earn 248% more in the US
MIGRATION must be viewed through the lens of capital and knowledge transfers to properly harness it for poverty reduction, the World Bank said.
Philippines drops further in 2023 Chandler Good Government Index
THE PHILIPPINES’ ranking in a global good governance index worsened after it dropped three spots to rank 66th out of 104 countries.
Digital industry’s share to GDP slows in 2022
THE DIGITAL SECTOR’S contribution to the Philippine economy slipped in 2022, even as its gross value added (GVA) breached P2 trillion, the Philippine Statistics Authority (PSA) reported on Tuesday.
Philippines ranks 98th in World Citizenship Report
The Philippines’ overall score dipped to 50.2 out of 100 from 52.1 a year ago in the 2023 edition of CS Global Partners’ World...
Philippines improves in Logistics Performance Index
The Philippines’ overall score improved by 0.4 point to 3.3 out of 5 in the the seventh edition of Logistics Performance Index (LPI) published...
Domestic trade in the regions: which have (un)favorable trade balances?
Domestic trade growth by value eased 10 13.3% in 2022, the Philippine Statistics Authority (PSA) reported Thursday.
How does the severity of humanitarian crisis in the Philippines compare with other countries?
The Philippines scored 2.6 (out of 5) in the March 2023 iteration of the INFORM (Index for Risk Management) Severity Index and is classified...
Philippines: Balance of payments position
THE PHILIPPINES’ balance of payments (BoP) surplus hit a two-month high of $1.27 billion in March, mainly driven by foreign currency deposits from the National Government and the central bank’s investments abroad.