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Manila,
Luzon
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Information
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The
well-being of the country and its people
The
level of economic development
All
economic activities in a country give yearly a final output of goods and
services.
The
value in dollars of this 'Gross National Product' (GNP), divided by its
population,
shows the average production
per inhabitant of a country. This 'GNP per capita'
shows the general
economic achievement of a country. The higher the general
economic achievement of a country, the higher the purchasing power of
the people will be.
The
GNP per capita is often used to make a comparison of the 'level
of development' or the
economic strength of several countries. The figure of the
GNP for the Philippines shows that the country is ranking somewhere in the
middle position of all countries in Pacific Asia.
|
GNP
and purchasing power for countries in Pacific Asia and some other countries,
1998
| Countries |
GNP per capita in US
$, 1998 |
Purchasing power* in
US $,
1998 |
|
* |
| The
Philippines |
1050 |
3725 |
| Indonesia |
640 |
2407 |
| Malaysia |
3670 |
7699 |
| Thailand |
2160 |
5524 |
| Singapore |
30170 |
25295 |
| China |
750 |
3051 |
| Vietnam |
350 |
1689 |
| Japan |
32350 |
23592 |
| India |
440 |
2060 |
| France |
24210 |
21214 |
| Germany |
26570 |
22026 |
| Canada |
19170 |
22814 |
| The
USA |
29240 |
29240 |
| The
Netherlands |
24780 |
22325 |
|
* Purchasing
Power: The goods and services may cost more
in one country than in another. It means that for one dollar you can buy
more in one country than in another; The purchasing power of one dollar
differs (more or less purchasing power) per country! |
Source:
Worldbank
The
economic growth
|
Economic growth in
the Philippines, per year in % |
|
1994 - 1997 |
1998 - 2001 |
|
+ 5 % |
+ 2,5 % |
|
Gross National
Income (GNP) per capita, in US $ |
|
1998 |
1050 |
Source:
Worldbank
Unemployment
rate and human development Employment
or unemployment is for families of great influence on the possibilities for
parents to let their children go to school, especially to a high school.
The adult literacy and the purchasing power of families (part of the human
development!) is related to the
possibility of reaching a acceptable income. |
|
underemployment in the
transport-service |
 |
Picture
© Dorothy
de
Schoolmeester |
Unemployment
and underemployment, in %, April 2002
| |
April 2002
|
Oct 2000
|
Oct 1999
|
| Unemployment |
13,9 |
10 ,1 |
9,6 |
| Underemployment |
19,6 |
19,9 |
21,9 |
| Employment |
86,1 |
- |
|
Total labor force
(in
millions)
|
35,1 |
- |
|
Source:
N.S.O. of the Philippines, Quick Stat |
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