Philippines Overview
Photo credit
Andrew Matheson
11:08am Wednesday 23 May
From the time of independence, the Philippines economy has had a mixed history of growth and development. Now, with a population in excess of 93 million people, the Philippines is a large and growing market.
Relations between New Zealand and the Philippines are friendly, and increasingly strong. The relationship has become more substantial in recent times with increasing trade. Two-way trade now exceeds NZ$877million per annum. A long-standing development assistance partnership adds strength to the bilateral relationship.
Key demographics
| Official Name | Republic of the Philippines |
| Land Area | 300,000 sq km |
| Population | 93 million |
| Capital City | Manila |
| Religion | Roman Catholic (83%) Protestant (9%) Muslim (5%) Other (3%) |
| Language | Filipino and English are the official languages |
| Currency | Peso |
Key statistics
| GDP | US$216 billion (IMF estimate 2011) |
| GDP per capita | US$4111 (PPP estimate 2011) |
| Total exports | US$50.75 billion (2010) |
| Total imports | US$61.7 billion (2010) |
| Total NZ exports to the Philippines | NZ$756.5 million (2011) |
| Total NZ imports from the Philippines | NZ$120.9 million (2011) |
Sources of data: IMF (GDP data), World Bank (export/imports) and Gloabl Trade Atlas (NZ exports/imports).
Last updated: 28 March 2012
