A research was done of some economic indicators during the Philippine Presidents’ terms from H.E. Ferdinand Marcos to H.E. Gloria Macapagal-Arroyo such as the population, oil prices (US Dollars/barrel), GDP, Currency Exchange to Dollar. It was found out that during the term of H.E. Marcos, the Philippines peso depreciated from 1 :1 to 1: 22. The oil prices during his reign increased to 12.51 US Dollars/barrel from 2.86 US Dollars/barrel. At present (H.E. Gloria Macapagal-Arroyo), the GDP of the country is 3574.743 US dollars PPP despite the cost of the oil that soared to 125 US Dollars/barrel from 21.84 US Dollars/barrel and the population of 90.5 million. An explosive growth (13 million increase) of the population was also observed since the start of her term. With just a partial research of the economic indicators, it is not enough to conclude the status of the economic situation of the Philippines.
Please see this file: Philippines-economic-stats
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31Jul