Country Forecast Philippines Updater

  • ID: 2114066
  • November 2015
  • Region: Philippines
  • 16 Pages
  • The Economist Intelligence Unit
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The president, Benigno Aquino, has become the only president in the Philippines' democratic history to retain his popularity even in his final year in office. Nevertheless, his inability to garner political support for setting up a new autonomous region in Mindanao means that a new administration will be faced with continual instability in this region.

Although the 2016 presidential race is now a three-horse race between the vice-president, Jejomar Binay; a senator, Grace Poe; and the Liberal Party (LP) standard bearer, Manuel Roxas. Mr Roxas will probably follow a policy agenda similar to that of Mr Aquino. Both Ms Poe and Mr Roxas are in a more favourable position than Mr Binay. The latter is not only in the opposition and has repeatedly criticised the Aquino administration, but is also being investigated for involvement in corruption.

Ms Poe, who has been in the lead with pollsters since the beginning of the year, is running as an independent candidate with liberal values and a similar policy platform as the LP. As long as Ms Poe is not disqualified owing to controversies over her citizenship, she stands a good chance of winning the election over Mr Roxas, who is viewed to be a passive lawmaker.

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Country Forecast Philippines Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: The Philippines' business environment at a glanc
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
The labour market

Fact sheet

Outlook for 2016-20: Political stability

Outlook for 2016-20: Election watch

Outlook for 2016-20: International relations

Outlook for 2016-20: Policy trends

Outlook for 2016-20: Fiscal policy

Outlook for 2016-20: Monetary policy

Outlook for 2016-20: Economic growth

Outlook for 2016-20: Inflation

Outlook for 2016-20: Exchange rates

Outlook for 2016-20: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data

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