INSTITUTE OF MANAGEMENT

STUDIES, DAVV
SESSION: 2017-19

INTERNATIONAL FINANCE
PHILIPPINES

SUBMITTED TO:- SUBMITTED BY:-

DR. YAMINI KARMARKAR ANIRUDH SHARMA -64119
PINKY CHOUDHARY-64168
MBA FA (IV) - B
MACROECONOMIC OVERVIEW OF THE COUNTRY

Philippines Vital Data (as of 2017)

Population (million) 105
GDP per capita (USD) 2978
GDP (USD billion) 314
Fiscal Balance (% of GDP) -2.2
Inflation (annual variation in %) 4.4
Exchange Rate (vs USD) 50.01
Trade Balance (USD billion) -30.0
International Reserves (USD) 81.6
Exports (USD billion) 62.9
Imports (USD billion) 92.9
•GROSS DOMESTIC PRODUCT-
The Gross Domestic Product (GDP) in Philippines was worth
313.60 billion US dollars in 2017. The GDP value of Philippines
represents 0.51 percent of the world economy. GDP in
Philippines averaged 77.31 USD Billion from 1960 until 2017,
reaching an all time high of 313.60 USD Billion in 2017 and a
record low of 4.40 USD Billion in 1962.

•BALANCE OF PAYMENT-
•

The Philippines posted a balance of payments (BOP) surplus of

$2.7 billion in January 2019. This was a reversal of the $531
million BOP deficit recorded in January 2018 . Net inflows in
foreign portfolio investments also contributed to the BOP
surplus. 
 MAJOR MNCs –
MNCs in Philippines comprise of both local and international
companies. Here are some of the biggest MNC companies which are
currently operating in Philippines:

• San Miguel Corporation

• Nestle Philippines
• BDO Unibank
• Ayala Corporation
• SM Investments
• ABS-CBN Corporation
• Megaworld Corporation
• Universal Robina Corporation
• Globe Telecom, Inc.
• LT Group, Inc.
• JG Summit Holdings, Inc.
• GT Capital Holdings, Inc.
• Petron Corporation
 MAJOR IMPORT AND EXPORT

• The Philippines is the 37th largest export economy in the

world and the 43rd most complex economy according to the
Economic Complexity Index (ECI).
• The top exports of the Philippines are Integrated
Circuits($32.2B), Office Machine
Parts ($10B), Computers($5.19B), Semiconductor Devices
($3.34B) and Insulated Wire ($2.42B), using the 1992 revision
of the HS (Harmonized System) classification.
• Its top imports are Integrated Circuits($12.1B), Refined
Petroleum($5.64B), Cars ($4.77B), Crude Petroleum ($3.15B)
and Industrial Printers ($2.5B).
 Philippines Exports Commodities-

Philippines mainly exports the following

commodities:

• Semiconductors 
• Electronic Products
• Transport Equipment
• Copper Products
• Petroleum Products
• Coconut Oil
 Philippines Imports Commodities

Malaysia mainly imports the following commodities:

• Mineral Fuels
• Lubricants
• Transport Equipment
• Iron and Steel
• Telecommunication Equipment
• Organic and Inorganic Chemicals
• Plastics in primary and non-primary forms
 MEMBERSHIP OF PHILIPPINES-

• The Philippines is a founding member of the United Nations; an elected

member of the Security Council and participant in the FAO, International
Labour Organization (ILO), UNESCO and World Health Organization. Like
most nations, the Philippines is a signatory of Interpol. The Philippines is a
member of the Association of Southeast Asian Nations and East Asia
Summit. It was formerly a member of the now-defunct Latin Union and
the SEATO. Declaring itself as independent of any major power block of
nations, the Philippines is a member of the Non-Aligned Movement.
• Economically, the Philippines is a participant in the Asia-Pacific Economic
Cooperation, Asian Development Bank, the Colombo Plan, Group of 24, G-
20, G-77, the World Bank, Next Eleven and the World Trade
Organization (WTO).