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GDP, GNP and Net Income from Abroad of the Philippines 1990-2009
GNP
Source: IFS
Realin, Reuel
Index
2003
2004
2005
2006
2007
2008
2009
2010
Month/Year
120 100 80 60 40 20 0 1975 1980 1985 1990 1995 2000 2005 2010
Figure 3a: Effective Exchange Rate of the Philippine Peso Against Major a: Trading Partners US, Japan, EMU and UK 1980-2008 UK,
Source: Bangko Sentral ng Pilipinas (BSP) http://www.bsp.gov.ph/dbank_reports/ExchangeRates_ _rpt.asp?frequency=Monthly&range_from=19 http://www.bsp.gov.ph/dbank_reports/ExchangeRates_4_rpt.asp?frequency=Monthly&range_from=
Gonzales, Arlene
Exchange Rate Peso/US Dollar 60 50 40 30 20 10 0 1975 1980 1985 1990 1995 2000 2005 2010 2015
Figure 3b: Philippine Peso b: Peso-US Dollar Exchange Rate, 1980-2009 2009
Source: Bangko Sentral ng Pilipinas (BSP) http://www.bsp.gov.ph/dbank_reports/ExchangeRates_ _rpt.asp?frequency=Monthly&range_from=1970 http://www.bsp.gov.ph/dbank_reports/ExchangeRates_1_rpt.asp?frequency=Monthly&range_from= &range_to=2010&conversion=Average &conversion=Average
Gonzales, Arlene
Growth rate
Busine, Clarabel
Money Growth (M2 Annual Rate) and Interest Rates (Government Bonds), 1997-2007
Annual Rate (%) 25
20 15 10 5 0
Source: http://www.bsp.gov.ph/statistics
Goto, Sayuri
1998 0 -1 -2 -3 -4 -5 -6
2000
2002
2004
2006
2008
2010
Percent of GDP
Figure 8: Government Budget Surplus or Deficit as a Percentage of Gross Domestic Product, 1999-2009
Source: Bangko Sentral ng Pilipinas http://www.bsp.gov.ph/statistics/spei_new/tab61n.htm
Gonzales, Arelene
1996
1998
2000
2002
2004
2006
Busine, Clarabel
Type of Intermediary (A) Depository Institutions (Banks) (1) Commercial Banks 1 (2)Thrift Banks Savings and Mortgage Banks Private Development Banks Stock Savings and Loan Associations Micro Finance (3) Rural Banks (B) Non-Banks 2 TOTAL
NOTE: 1 With Development Bank of the Philippines starting February 1996 and Al-Amanah Islamic Bank of the Philippines starting January 1997 (Consolidated with commercial banks since February 1996 for DBP and January 1997 for Al-Amanah Islamic Bank). 2 Includes Investment Houses, Finance Companies, Investment Companies, Securities Dealers/Brokers, Pawnshops, Lending Investors, Non-Stock Savings & Loan Assn., Mutual Building and Loan Assn., Venture Capital Corp. and others; and Private and Government Insurance Companies including SSS and GSIS. Includes Credit Card Companies beginning September 2003.
Al-Amanah Islamic Investment Bank of the Philippines Development Bank of the Philippines
Source: Philippine banking almanac III : ready for the 21st century pp. 113-140, www.sec.gov.ph, www.devbankphil.com.ph, www.landbank.com
3. Money
M2
50 Annual Groth Rate (%) 40 30 20 10 0 -10 1996 1998 2000 2002 2004 2006 2008 2010
Abeleda, Cholo, Gonzales, Arlene & Reyes, Kehrl
M1 M2 M3
4. Interest Rates
Source: http://www.bsp.gov.ph/statistics/sdds/tbillsdds.htm
Maulanin, Xervin
Expected Inflation and Interest Rates (91-day T-bill) Monthly Jan 2004 Jan 2010
Rate (%)
30 25 20 15 10 5 0 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10
Realin, Reuel
1997
2000
2003
2006
Interest Rate (%) 18 16 14 12 10 8 6 4 2 0 1998 2000 2002 2004 2006 2008 2010 5-yr t-bonds 10-yr t-bonds 20-yr t-bonds 91-day t-bills
Gonzales, Arlene
1997
2002
2007
YEAR
REYES,KEHRL
REYES,KEHRL
Top Ten Commercial Banks in the Philippines As of December 31, 2008 In terms of ASSETS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Banco de Oro (BDO) Php 808.0 billion Metrobank - Php 758.5 billion Bank of the Philippine Islands (BPI) Php 658.4 billion Landbank of the Philippines (LBP) Php 434.0 billion Development Bank of the Philippines (DBP) Pho 290.9 billion Philippine National Bank (PNB) Php 276.8 billion Rizal Commercial Banking Corp. (RCBC) Php 270.2 billion Unionbank of the Philippines (UBP) Php 208.2 billion Chinabank Php 207.3 billion Citibank Php 187.8 billion
In terms of DEPOSITS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. BDO - Php 634.3 billion Metrobank - Php 585.8 billion BPI - Php 541.2 billion Landbank - Php 333.6 billion PNB - Php 201.2 billion RCBC - Php 196.4 billion Chinabank - Php 173.9 billion Unionbank - Php 162.0 billion Allied Bank Php 139.8 billion Citibank - Php 121.6 billion
Table 3: Top 10 Largest Banks in the World, (Forbes 2009) Bank 1. HSBC Holdings 2. Banco Santander 3. ICBC 4. JPMorgan Chase 5. Mitsubishi UFJ Financial 6. CCB-China Construction Bank 7. BNP Paribas 8. Bank of China 9. Crdit Agricole 10. Intesa Sanpaolo Country United Kingdom Spain China United States Japan China France China France Italy Assets (Billion $) 2,520.45 1,318.86 1,188.08 2,175.05 1,931.17 903.35 2,888.73 817.84 2,064.17 835.15 Total 16,642.85
Realin, Reuel
Source: http://www.forbes.com/lists/2009/18/global-09_The-Global-2000_IndName.html
1963 Charter of the Philippine Deposit Insurance Corporation (RA 3591) Creation of the Philippine Deposit Insurance Corporation (PDIC)
Presidential Dercee No. 1801 (1981) Establishing the CBP as the central monetary authority
Rural Banks Act of 1992 (RA 7353) Creation, organization and operation of rural banks
1987 Philippine Constitution and the New Central Bank Act of 1993 (RA 7653) Establishment of the Bangko Sentral ng Pilipinas (BSP)
Thrift Banks Act of 1995 (RA 7906) Regulation of the organization and operations of thrift banks
Revised Non-Stock Savings and Loan Association Act of 1997 (RA 8367) Regulation of the organization and operation of non-stock savings and loan associations
The General Banking Law of 2000 (RA 8791) Regulation of the organization and operations of banks, quasi-bansk and trust entities
The Special Purpose Vehicle (SPV) Act of 2002 (RA 9182) Granting tax exemptions and fee privileges to special purpose vehicles which acquire or invest in non-performing assets, setting the regulatory framework
Masangcay, Chiara
Masangcay, Chiara
Inflation Rates and Inflation Targets for the Philippines, 1995 - 2010
10 9 8 7 INFLATION 6 5 4 3 2 1 0 1995 1997 1999 2001 2003 2005 2007 2009 Inflation Lower Bound Target Range Target Midpoint Upper Bound Target Range
The adoption of inflation targeting framework of monetary policy was on January 2002 Sources: http://www.bsp.gov.ph/monetary/targeting.asp http://www.bworldonline.com/Research/populareconomics.php?id=0116 NSO
20.0
15.0
10.0
5.0
Source: http://econdb.pids.gov.ph
Eustaquio, Amado
US DOLLAR
60 50 40 30 20 10 0
2000
SAUDI RIAL
20 15 10 5 0
2004
2008
2004
2008
EURO
80 70 60 50 40 30 20 10 0 0.6 0.5 0.4 0.3 0.2 0.1
2004 2008
JAPANESE YEN
2004
2008
40.00 30.00 20.00 10.00 0.00 1980 1986 1991 1997 2002 2008
Exchange Rate(PHP/USD) PPP conversion rate(PHP/USD)
Maulanin, Xervin
40 20 0
Source: BSP
Velocity 16 14 12 10 8 6 4 2 0
M1 M2
15
10
Table 4 Unemployment and Inflation During the Negative Supply Shock Periods, 1973-1975 and 1978-1980 (Philippine Data)
Year 1973 1974 1975 Unemployment Rate (%) 4.9 4 3.9 Inflation (Year to Year) (%) 15.7 31.9 4.6 Year 1978 1979 1980 Unemployment Rate (%) 4.9 no data 7.9 Inflation (Year to Year) (%) 7.1 17.4 17.5
Sources: National Statistics Office: http://www.census.gov.ph/data/sectordata/tscpimon.html Venida, Victor S.Employment, Productivity and the Informal Sector in the Philippines, 1974-1988: An InputOutput Analysis. http://www.iioa.org/pdf/12th%20conf/nydrfr98.pdf Rafanan, Anna Victoria
Unemployment and Inflation in the Philippines during the Favorable Supply Shock Period in US (1995-1999) unemployment rate % inflation (year to year) % 9.5 6.7 8.6 7.5 8.7 5.6 10.1 9.3 9.8 5.9
Eustaquio, Amado
Table 6 year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Unemployment and Inflation in the Philippines during the Negative Demand Shock Period in US (extended from 2000-2009) unemployment rate % inflation (year to year) % 11.2 6.8 11.1 5.0 10.3 6.0 10.6 3.1 11.0 3.1 11.3 5.5 8.1 7.6 7.8 6.2 7.4 2.8 7.7 9.3 Eustaquio, Amado
Real and Nominal Interest Rates on 91-Day T-bills in the Philippines 2000-2008 Rate (%)
10 9 8 7 6 5 4 3 2 1 0 -1 -2 -3 -4
Real Nominal
600,000
20
100,000
100
120
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Inflation
DEBT-GDP
10 8 6 4 2 0 1995 1996 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Maulanin, Xervin
General List of Sources: Asian Development Bank ASEAN Finance and Macroeconomic Surveillance Unit Bangko Sentral ng Pilipinas International Finance Statistics National Statistical Coordination Board National Statistics Office World Bank