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OFW REMITTANCES (Source: BSP) Total 2022 p May 2023 p April 2023 p May 2022 p
Peso time deposit interest rate (all maturities) 4.248 4.193 0.581
Peso savings deposit rate3/, 4/(WAIR in percent per annum) 0.555 0.520 0.118
Bank lending rates3/,5/(WAIR in percent per annum) 7.660 7.290 5.752
STOCKS and SHARES (Source: PSE) June 2023 May 2023 June 2022
Total 15 years old and over (in thousands) 77,440 77,170 76,540
Labor force participation rate (in percent) 66.1 65.3 64.8
Employment rate (in percent) 95.5 95.7 94.0
Underemployment rate (in percent) 12.0 11.7 12.6
Unemployment rate (in percent) 4.5 4.3 6.0
Total employed persons (in thousands) 48,842 48,260 46,592
Total underemployed persons (in thousands) 5,875 5,661 5,888
Total unemployed persons (in thousands) 2,327 2,167 2,990
Employed persons by major industry group (in percent)
Agriculture 23.8 24.3 24.5
Industry 18.0 16.9 19.1
Services 58.2 58.8 56.5
Employed persons by class of worker (in percent)
Wage and salary workers 61.5 60.5 62.3
Self-employed without any paid employee 27.1 28.1 27.9
Employer in own family-operated farm or business 1.9 2.2 1.7
Worked without pay in own family-operated farm or business (Unpaid family worker) 9.5 9.2 8.1
1/
Details may not add up to total due to rounding
2/
Exclude the Bangko Sentral ng Pilipinas
3/
Starting 1 January 2020, universal and commercial banks (U/KBs) are required to submit the amended reporting templates on banks' lending and deposit rates or Interest Rates
on Loans and Deposits (IRLD) in accordance with Circular Nos. 1029 and 1037, series of 2019. Data are preliminary estimates as of 12 October 2022.
4/
Refers to the interest rate based on reporting U/KBs' interest expense and peso-denominated deposits
5/
Refers to the interest rate based on reporting U/KBs' interest income and outstanding peso-denominated loans
* 2021 - Based on 2nd Prelim FS; 2022 - Tentative
… No available data
Page 3 of 5 National Quickstat – August 10, 2023 … continued
NATIONAL ACCOUNTS (In million PhP) Source: PSA 1st Sem. 2023 2nd Qtr. 2023 1st Qtr. 2023 r 2nd Qtr. 2022
At current prices
Gross Domestic Product by expenditure 11,486,480 5,885,577 5,600,903 5,396,693
Gross National Income by expenditure 12,554,754 6,483,348 6,071,406 5,694,744
At constant 2018 prices
Gross Domestic Product by expenditure 10,114,580 5,207,087 4,907,493 4,990,765
Gross National Income by expenditure 11,022,526 5,702,502 5,320,024 5,250,726
At current prices (Growth Rates) 1st Sem. 2023 2nd Qtr. 2022-2023 1st Qtr. 2022-2023 2nd Qtr. 2021-2022
Gross Domestic Product by expenditure 11.3 9.1 13.7 13.2
Gross National Income by expenditure 15.6 13.8 17.5 r 15.3
At constant 2018 prices (Growth Rates)
Gross Domestic Product by expenditure 5.3 4.3 6.4 7.5
Gross National Income by expenditure 9.3 8.6 10.0 r 9.4
PRIVATE BUILDING CONSTRUCTION*(Source: PSA) 1st Qtr. 2023 p 4th Qtr. 2022 r 1st Qtr. 2022 r
Average annual population growth rate 1.63 (2015-2020) 1.72 (2010-2015) 1.90 (2000-2010)
Population density (persons per square kilometer) 363 337 308
Number of households 26,393,906 22,975,630 20,171,899
Average household size 4.1 4.4 4.6
Household population by sex 108,667,043 100,573,715 92,097,978
Male 55,017,643 50,774,021 46,458,988
Female 53,649,400 49,799,694 45,638,990
Proportion of household population by sex 100.0 100.0 100.0
Male 50.6 50.5 50.4
Female 49.4 49.5 49.6
Household population by age group 108,667,043 100,573,715 92,097,978
0-4 years 11,066,707 10,815,998 10,231,201
0-14 years 33,414,245 32,135,285 30,717,569
15-64 years 69,397,349 63,659,732 57,374,166
18 years and over 68,945,888 62,263,325 55,513,682
60 years and over 9,222,672 7,534,306 6,230,480
65 years and over 5,855,449 4,778,698 4,006,243
Proportion of household population by age group 100.0 100.0 100.0
0-4 years 10.2 10.8 11.1
0-14 years 30.7 32.0 33.4
15-64 years 63.9 63.3 62.3
18 years and over 63.4 61.9 60.3
60 years and over 8.5 7.5 6.8
65 years and over 5.4 4.8 4.3
Overall dependency ratio 56.6 57.7 60.3
Young dependency ratio 48.1 50.2 53.4
Old dependency ratio 8.4 7.5 7.0
Sex ratio (number of males per 100 females) 103 102 102
Median age 25.3 24.3 23.3
Institutional population by sex 366,202 405,588 237,135
Male 289,150 295,941 175,269
Female 77,052 109,647 61,866
Proportion of persons five years old and over with at least one functional 8.7 .. 3.13 9/
difficulty
Total population by sex 109,033,245 100,979,303 92,335,113
Male 55,306,793 51,069,962 46,634,257
Female 53,726,452 49,909,341 45,700,856
Proportion of total population by sex** 100.0 100.0 100.0
Male 50.7 50.6 50.5
Female 49.3 49.4 49.5
Notes:
6/
Population counts for the regions do not add up to the national total. Includes 2,098 Filipinos in Philippine Embassies, consulates and mission abroad.
7/
Includes 2,134 Filipinos in Philippine embassies, consulates, and missions abroad
8/
Includes 2,739 Filipinos in Philippine embassies, consulates, and missions abroad
9/
A person with difficulty in functioning may have activity limitations, which means difficulties an individual may have in executing activities. An activity limitation may range
from a slight to a severe deviation in terms of quality or quantity in executing the activity in a manner or to the extent that is expected of people without the health condition.
In general, functional difficulties experienced by people may have been due to their health conditions. Health conditions refer to diseases or illnesses, other health problems
that may be short or long lasting injuries, mental or emotional problems, and problems with alcohol or drugs. A health condition may also include other circumstances
such as pregnancy, ageing, stress, congenital anomaly or genetic predisposition. Difficulty is usually manifested when a person is doing an activity with increased effort,
discomfort or pain, slowness or changes in the way he/she does the activity.
a/
Excluding alteration and repair, and other non-residential
b/
less than 0.05 percent share
* Details of floor area and value may not add up to their respective totals due to rounding.
** Proportion of total population by sex=Number of Male or Female/Total Population x 100
National Quickstat – August 10, 2023 … continued Page 4 of 5
DEMOGRAPHY (Source: PSA) 2020 2015 2010
Total population by age group 109,033,245 100,979,303 92,335,113
0-4 years 11,069,479 10,818,931 10,233,784
0-14 years 33,431,478 32,155,793 30,734,937
15-64 years 69,734,936 64,035,924 57,587,249
18 years and over 69,283,467 62,615,419 55,719,517
60 years and over 9,242,121 7,548,769 6,241,326
65 years and over 5,866,831 4,787,586 4,012,927
Proportion of total population by age group * 100.0 100.0 100.0
0-4 years 10.2 10.7 11.1
0-14 years 30.7 31.9 33.3
15-64 years 64.0 63.4 62.4
18 years and over 63.5 62.0 60.3
60 years and over 8.48 7.5 6.8
65 years and over 5.4 4.7 4.3
2015 2010 2007
Overall dependency ratio 57.7 60.3 65.6
Young dependency ratio 50.2 53.4 58.7
Old dependency ratio 7.5 7.0 6.9
Sex ratio (number of males per 100 females) 102 102 102
Median age 24.3 23.3 22.2
Proportion of persons with disability .. 1.57 10/ ..
Proportion of persons five years old and over with at least one functional 3.14 9/
difficulty .. ..
Literacy rate 98.3 97.1 ..
VITAL STATISTICS (Source: PSA) 2022 ** 2021 2020
Marriages 11/ 421,875 356,839 240,775
Deaths 11/,d
654,013 879,429 613,936
Male 369,685 491,053 351,426
Female 284,328 388,376 262,510
Top 3 Leading Causes of Death
1. Ischaemic heart diseases 119,966 155,775 105,281 r
2. Neoplasms 66,606 69,541 66,342 r
3. Cerebrovascular diseases 66,466 85,904 64,381 r
2021 *** 2020 2019
Fetal deaths 9,205 9,269 9,083
FAMILY PLANNING 12/ (Source: PSA) 2022 2017 2013
Any method (in percent) 58.3 54.3 55.1
Any modern method 41.8 40.4 37.6
Any traditional method 16.5 13.9 17.5
Not currently using 41.7 45.7 44.9
Number of women 15,306 15,016 9,729
EDUCATION (Source: PSA) 2019 2015 2013
Simple literacy rate 13/ (10 years old and over; basic reading and writing skills) (in percent) 96.5 98.3 96.5
2019 2013 2008
Functional literacy rate (10 to 64 years old; basic reading, writing, and computational skills) (in percent) 91.6 90.3 86.4
ENROLMENT (Source: DepEd) SY 2020-2021 SY 2019-2020 SY 2018-2019
Number of schools
Private
Elementary 11,009 12,136 12,281
Junior High School 5,894 6,034 5,995
Senior High School 4,861 4,895 4,784
Public
Elementary 39,235 39,114 39,067
Junior High School 9,862 9,524 9,085
Senior High School 7,455 7,299 7,033
Number of enrolment
Pre-School 2,055,635 2,044,745 2,408,458
Private 125,848 250,811 296,266
Public 1,927,619 1,791,076 2,110,675
SUCs/LUCs 782 1,088 1,517
PSO 1,386 1,770 …
Elementary (K to 6) 14,650,804 r 15,332,706 r 15,675,041 r
TOURISM (Source: DOT) Total 2021 December 2021 November 2021 December 2020
Visitor arrivals to the Philippines by regions/continents of residence 163,879 24,353 20,530 19,793
ASEAN 7,773 1,753 1,290 415
East Asia 33,154 3,960 3,505 2,511
South Asia 8,760 1,497 1,219 695
Middle East 11,009 1,007 891 979
North America 46,350 9,092 6,926 5,285
South America 1,134 117 118 108
Western Europe 6,627 743 925 694
Northern Europe 6,529 1,367 1,107 812
Southern Europe 3,271 290 371 311
Eastern Europe 3,417 327 428 468
Eastern Mediterranean Europe* 4,826 420 421 319
Australiasia/Pacific 3,554 969 546 269
Africa 1,126 89 116 74
Other unspecified residences 8,568 1,066 973 813
Overseas Filipinos** 17,781 1,656 1,694 6,040
* Grouping from UNWTO; prior to 2009, statistics from Israel were lumped under "Middle East" and statistics from Turkey were lumped under "Others"
** Philippine passport holders permanently residing abroad; excludes overseas Filipino workers
Compiled by:
KNOWLEDGE MANAGEMENT AND COMMUNICATIONS DIVISION
Tel No. 8462-6600 local 820, 823
Facebook: https://www.facebook.com/PSAgovph; Twitter: https://twitter.com/PSAgovph; E-mail: info@psa.gov.ph