The World Bank categorizes the Philippines as a lower-middle-income economy, which comprises those with gross national income (GNI) per capita of $1,136 to $4,465. The country's GNI per capita is ...

The Philippines gross domestic product expanded 5.6 percent year-on-year in 2024, missing the government’s 6 percent to 6.5 percent target, but remained ...

The Philippines’ 5.6-percent economic growth for the whole of 2024 may be lower than the government’s target but still makes the country one of the “fastest-growing” economies in the Asia Pacific ...

President Ferdinand Marcos Jr.’s administration had aimed for a GDP growth target of 6% to 6.5% in 2024. However, for the second consecutive year, the Philippines fell short after also missing its ...

Philippine agriculture in disarray, the UMIC goal is meaningless. The Philippines should abandon for the moment its dream of ...

CORY Aquino finance secretary Jesus Estanislao said the wish of President Marcos for the Philippines to attain an upper middle income country (Umic) status this year is not feasible. Estanislao, who ...

People in six provinces may be considered better off than others in terms of income, although they have yet to catch up with ...

Gross National Income (GNI) includes production figures as well as the income of a country, even those that rely on substantial foreign investments. Based on the Bureau of Economic Analysis (BEA ...

The Philippines' gross international reserves (GIR) settled at 103 billion U.S. dollars at the end of January from 106.3 ...

Definition: GNI per capita is the gross national income, converted to US dollars using the World Bank Atlas method, divided by the mid-year population. GNI is the sum of value added by all resident ...