GDP & GNI
- Gross Domestic Product – an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.
- Gross National Income – an inflation-adjusted measure of the summation a nation’s gross domestic product (GDP) plus net income received from overseas.
GDP & GNI Growth Rate
- Gross Domestic Product Growth Rate – a measure of economic growth from one period to another expressed as a percentage and adjusted for inflation.
- Gross National Income Growth Rate – a measure of economic growth from one period to another expressed as a percentage and adjusted for inflation.
Construction to GDP
- the percentage of construction to gross domestic product.
Real Estate, Renting & Business to GDP
- the percentage of real estate, renting & business activities to gross domestic product.
Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.
bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing.
Household Final Consumption Expenditure / Consumer Spending
the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households.
the money sent home by Filipinos working abroad either through formal or informal channels.
Balance of Trade
the value of a country’s exports of goods and services against its imports. When exports are greater than imports, that’s a trade surplus, which is generally considered a favorable trade balance. The opposite, when the value of imports outweighs the value of exports, is a trade deficit, and this is generally considered an unfavorable trade balance.
Total Approved Investments
the amount of proposed contribution or share of foreigners and Filipinos to various projects in the country as approved and registered by the BOI, the PEZA, the SBMA and the CDC.
Foreign Direct Investment
a bond issued by a national government, generally with a promise to pay periodic interest payments and to repay the face value on the maturity date.
a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.