HIGH - Presidential Communications Grouppcoo.gov.ph/downloads/Presentation-by-NEDA... · Transportation, PHP4,968.26 B, 64.2%. Water Resources, PHP937.51 B, 12.1%. Social Infrastructure,

HIGH and STEADY economic growth

-8

-6

-4

-2

0

2

4

6

8 6.7%(2017)

6.8%(Q1 2018)

China 6.8%

Vietnam 7.4%

Philippines6.8%

Indonesia 5.1%

Malaysia 5.4%

Thailand 4.8%

Singapore 4.4%

India 7.7%

One of the fastest

growingeconomies

in Asia(Q1 2018)

0.40.7

3.03.9

1990-1999 2000-2009 2010-2017 Q1 2018

Household Consumption GovernmentInvestment Net Exports

6.4%

4.5%2.8%

Demand Side Supply Side

6.8%

0.71.2 2.4 2.7

1990-1999 2000-2009 2010-2017 Q1 2018

Agriculture Industry Services

6.8%6.4%

4.5%

2.8%

Rising contribution of INDUSTRY and INVESTMENT

19.8%(May 2018) 21.3%

(May 2018)

2017 2018Photo source: business.inquirer.net

Volume of Production Index

Value of Production Index

Resurgence of the Manufacturing Sector

Transportation, PHP4,968.26 B,

64.2%Water

Resources, PHP937.51 B,

12.1%

Social Infrastructure,

PHP1,010.14 B, 13.1%

Power, PHP78.48B, 1.0%

ICT, PHP108.78 B, 1.4%

Government Building, PHP122.92B, 1.6%

Others, PHP512.19 B,

6.6%

Flagship Infrastructure Projects

4,490* total priority infrastructure projects throughout the country

Accelerating growth through BUILD, BUILD, BUILD

*494 additional projects amounting to PhP1.31 trillion reflected in other Chapters of the Public Investment Program

Fewer families rate themselves

poor.

Number of families who consider

themselves “food poor” at record low.

(SWS Survey, March 2018)

Above-target inflation (4.3%, January-June 2018) expected to be temporary as government

implements reforms

Lowest unemployment rate in 10 years for all

April Labor Force Surveys (5.5%)

1.52 million additional employment

generated in the first half of 2018

Better maternal and

child health care services

resulting in fewer infant and under-

five mortality.

Photo source: inquirer.net

Steady decline in students dropping out of school

94.2% of students reaching final year of elementary 84.6% of students reaching final year of high school

(School Year 2016-2017)

Philippines – one of the new Asian Tigers and leaders in ICT service exports in

Southeast Asia

Socioeconomic Report 2017

“Facilitating Transition,

ImplementingChange”

We are committed to our mandate of ensuring stable, sustainable, and inclusive growth…

Photo source: Department of Finance