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Country Forecast Philippines Updater

  • ID: 2114066
  • Country Profile
  • March 2017
  • Region: Philippines
  • 16 Pages
  • The Economist Intelligence Unit
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Rodrigo Duterte's landslide victory in the May 2016 presidential election will enable him to serve a full six-year term in office (the constitution restricts him to a single term). However, Mr Duterte's presidency has already started to throw up serious questions over the rule of law and the integrity of the country's still-fragile political institutions. Economic reforms will take a backseat to the president's anti-crime efforts.

A divisive and populist president, Mr Duterte has made several contro-versial statements, some of which have tested ties with key foreign partners in the West. His rhetoric has made traditional allies of the Philippines (particularly the US) nervous, but opened the door for the country's ties with China to recover, despite the two nations' territorial disputes in the South China Sea.

The government seems better placed to tackle the issue of greater autonomy for Muslim-dominated parts of Mindanao than its predecessor, which failed to pass the crucial Bangsamoro Basic Law before it left office.
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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: Philippines's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2017-21: Political stability

Outlook for 2017-21: Election watch

Outlook for 2017-21: International relations

Outlook for 2017-21: Policy trends

Outlook for 2017-21: Fiscal policy

Outlook for 2017-21: Monetary policy

Outlook for 2017-21: Economic growth

Outlook for 2017-21: Inflation

Outlook for 2017-21: Exchange rates

Outlook for 2017-21: 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
Abbreviations
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