Philippines BEST-PERFORMING Economy in Southeast Asia | Quarter 1 2024

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ASEAN Analytics

ASEAN Analytics

2 ай бұрын

In the first quarter of 2024, the actual economic performance among the major economies in the region remain strong, with the Philippines leading the ASEAN economy expanding by 5.7%. Followed closely by Vietnam in advance estimate expanding by 5 point 66%. Indonesia, the largest economy in the region, maintains its growth trajectory of 5 point 11%. Malaysia’s economy rebounded in the first quarter, expanding by 4.2%. Singapore’s economy remains Shakey with minimal growth of 2.7%. While Thailand economy is expected to expand this quarter between 2.5 to 2.7%.
The Philippines 5.7% first quarter growth also surpass its neighboring East Asian country, with China expanding by only 5.3%, South Korea by 3.4% and Japan contracted by 0.5%.
The near-term economic outlook for the Southeast Asia Nations in 2024 remains positive, supported by the continued expansion of domestic demand in a number of large Southeast Asian economies. Foreign direct investment inflows are also expected to remain strong, as multinationals continue to diversify their manufacturing supply chains towards Southeast Asian industrialized nations.
Developing and emerging economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism. Stronger growth in Asia-fueled by both domestic demand and exports-is offsetting a slowdown in the People’s Republic of China caused by weakness in the property market and subdued consumption.
On the report Issued by International Monetary Fund, the Philippines is expected to outpace its neighboring Asean nations growing by 6.2%, followed by Vietnam expected to grow by 5.8%, Indonesia growing by 5%, Malaysia at 4.4%, Thailand at 2.1% and Singapore growing by 2.1%.
According to Asian development bank Outlook for 2024, the Philippines and Vietnam will be the growth leader expanding by 6% this year. Followed by Indonesia with 5%, Malaysia by 4.5%, Thailand growing by 2.6% and Singapore with minimal growth of 2.4%. The same trend was also seen for 2025, which still growth will be headed by the Philippines and Vietnam by 6.2%.
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Пікірлер: 450
@LINOFERNANDO-hm5dw
@LINOFERNANDO-hm5dw 2 ай бұрын
Rise and shine Philippines 🇵🇭🎉🎉🎉
@user-qu8ef8cb5c
@user-qu8ef8cb5c 2 ай бұрын
Philippines going strong 🇵🇭 ✊🎉
@extraonlineincomeph
@extraonlineincomeph 2 ай бұрын
Hahahaha paano maging strong kumpara mo sa people of vietman at philippine tapos ang gap nila is point lang ehh ang people ng vietman di pa ata abot ng 100million compare sa pinas na 112 hahaha mahina parin ang pinas oi.
@quangvuhuu9478
@quangvuhuu9478 Ай бұрын
Pag pag ?
@user-qu8ef8cb5c
@user-qu8ef8cb5c Ай бұрын
@@quangvuhuu9478 Are you jealous?
@quangvuhuu9478
@quangvuhuu9478 Ай бұрын
@@user-qu8ef8cb5c no
@quangvuhuu9478
@quangvuhuu9478 Ай бұрын
@@user-qu8ef8cb5c Rich country, poor people. are you happy?
@TenCo-by9pf
@TenCo-by9pf 2 ай бұрын
Philippines is continuously her reign as the fastest GDP growth in South East Asia region...Mabuhay Philippines!
@JeganBedpal
@JeganBedpal 2 ай бұрын
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Kerrie Farrell in few weeks, this is one of the best medium to backup your assets incase it goes bearish...
@rogercav40
@rogercav40 2 ай бұрын
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways....
@JasonGavino-dj6ze
@JasonGavino-dj6ze 2 ай бұрын
This is exactly what Big time investors are talking about, not just you. key thing here is to always trades with a good strategy even if the price goes up or down...
@swayhulio
@swayhulio 2 ай бұрын
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate..
@calissou
@calissou 2 ай бұрын
I agree with you and i believe that the secret to financial stability is having the right investment ideas to enable you earn more..
@RomanLansang
@RomanLansang 2 ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing...
@AplikatordeckingWpc
@AplikatordeckingWpc 2 ай бұрын
A good picture for you, my Filipino friends, you have to be strong, and of course us too, we are moving forward together. Our challenges are very difficult because we are an archipelagic country. Greetings of love from Indonesia🇮🇩🤝
@asyongmatipid2
@asyongmatipid2 2 ай бұрын
Other than Singapore and Brunei which have small populations the rest of the ASEAN countries should prepare for the impact of emerging technologies like AI and robotics coz I'm pretty sure a lot of workers in countries which rely on labor intensive manufacturing and service industries would lose their job due to automation.
@Al-iu1nz
@Al-iu1nz Ай бұрын
But nothing is as powerful military as indonesia is plus boosting economy... Aku cinta kamu Indonesia one of the G7.... From 🇵🇭
@AplikatordeckingWpc
@AplikatordeckingWpc Ай бұрын
@@asyongmatipid2 I agree and it will happen
@AplikatordeckingWpc
@AplikatordeckingWpc Ай бұрын
@@Al-iu1nz terimakasih
@Ilove-zc1zm
@Ilove-zc1zm 2 ай бұрын
Sana lang talaga wala ng mangungurakot para hindi pabawas at pababa ang gdp ng Pilipinas. God bless the Philippines. VOTE WISELY! No to kurakot leaders and government employees.
@viquachvlog9150
@viquachvlog9150 2 ай бұрын
Cái chào từ việt nam🇻🇳 đến philippinnes🇵🇭..mong cho hai nước phát triển bền vững
@soluckyme910
@soluckyme910 Ай бұрын
Indonesia the best👍
@qwynnqueiros9800
@qwynnqueiros9800 Ай бұрын
Steady and Strong ASEAN
@soluckyme910
@soluckyme910 Ай бұрын
@@qwynnqueiros9800 always Indonesia the best
@qwynnqueiros9800
@qwynnqueiros9800 Ай бұрын
@@soluckyme910 well. Indonesia is number 1. Indonesia is doing well
@soluckyme910
@soluckyme910 Ай бұрын
@@qwynnqueiros9800 Indonesia top size economi in southeast now 👍
@baharm65
@baharm65 2 ай бұрын
Well done Philippines. Wish you well going forward..
@JeanAriesM
@JeanAriesM 2 ай бұрын
I wish that it is the time for Philippines to have God's blessings. We Filipinos are patiently waiting for our turn. We are happy of the economic growth despite of government corruption. God bless the Philippines 🙏
@kirkdimayacyac3558
@kirkdimayacyac3558 2 ай бұрын
We all wish for those. But first, as a people let's make sure we sure do deserve such "blessings".
@JeanAriesM
@JeanAriesM 2 ай бұрын
@@kirkdimayacyac3558 as what I observed, been long time Filipinos suffering our government corruption. Our government is the problem, we Filipinos goes overseas to raise up our families living style and at the same time we help our economy. I hope God hears our prayers 🙏
@danieljosephdelta44semperfi
@danieljosephdelta44semperfi 2 ай бұрын
Yes oh God in the name of Jesus 🇺🇸💖🇵🇭
@romeobarnuevo5376
@romeobarnuevo5376 2 ай бұрын
Kasalanan din nating mga Filipino dahil binoto natin yong mga corrupt at mga bobong candidate! Panahon na nang Charter change!
@masterofone360
@masterofone360 2 ай бұрын
Test #4: Line 1: The brown fox jumped over a lazy dog. Line 2: ASEAN Analytics is the best! Line 3: Love is forever, but lovers are not .....
@yeohanchoi4951
@yeohanchoi4951 2 ай бұрын
Let's go, ASEAN brothers!
@Jovencio-bv9ln
@Jovencio-bv9ln Ай бұрын
Prayers and God bless Philippines and ASEAN members.
@pollutedmind2959
@pollutedmind2959 Ай бұрын
Our region is growing! lezz go! SEA bros
@qwynnqueiros9800
@qwynnqueiros9800 Ай бұрын
Strong ASEAN!
@lbrn8198
@lbrn8198 2 ай бұрын
In parallel to economic growth, filipinos must grow their discipline. Some developing countries don't have this squatter areas that is why funds are directly use for government projects while in Philippines the funds needs to use first for relocation before implementing such projects. What a waste of public funds and yet blame the government. !
@AmihanMansinaray-
@AmihanMansinaray- 2 ай бұрын
Thats the strong philipines..mabuhay ang pilipinas.
@sussyfishman5082
@sussyfishman5082 Ай бұрын
its crazy how the whole world economic growth have slow and the only country that have the fastest economy is the: philippines vietnam cambodia india bangladesh and guyana etc soo i have high hopes that ASEAN could be a develope region in a few year
@Steve-so7uk
@Steve-so7uk 2 ай бұрын
@asean-analytics , if i may suggest , please provide other economic indicators not ony growth such as infation rate , current account , Debt to GDP, PMI , so that we in ASEAN can gauge the health of our economic strength. Tks 🙏🇮🇩
@teamodrt9034
@teamodrt9034 2 ай бұрын
God bless philippines
@teguhfaisalm1997
@teguhfaisalm1997 2 ай бұрын
Long live President Joko Widodo and his sucessor General Prabowo of Republic Indonesia 🇮🇩🇮🇩🇮🇩
@hix213
@hix213 2 ай бұрын
long live si DOBOL.
@teguhfaisalm1997
@teguhfaisalm1997 2 ай бұрын
@@hix213 kadrun detected 🐫🐫🐫😂😂
@Putingbeliung-jv3m
@Putingbeliung-jv3m 2 ай бұрын
Kau jg kadrun​@@teguhfaisalm1997
@temutemu-ep4rb
@temutemu-ep4rb 2 ай бұрын
Wowo noh kadrun! masa ga inget 2013? oh masih bocah waktu itu
@RR52517
@RR52517 2 ай бұрын
The new Indonesian President Prabowo is cool. He has dancing skills.
@user-jv5rj7md4o
@user-jv5rj7md4o Ай бұрын
I think the Philippines will be the wealthiest Country in Asia when the oil and gas will be drilled in the WPS.
@nassrol
@nassrol 2 ай бұрын
One thing to note tht few years ago Vietnam has lower GDP per capita than Philippines and now Vietnam has surpassed Philippines GDP Percapita for couple of years already.
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
and the Philippines could possibly supass vietnam again coz the VN and PH are both 4000+ if the Philippines maintain a high growth than most 3rd world country
@JSP1233
@JSP1233 2 ай бұрын
@@sussyfishman5082 vietnam phillipines đều có mức tăng trưởng ngang nhau trong nhiều năm.Vì vậy khá khó cho Phillipines có thể vượt lại VN
@asyongmatipid2
@asyongmatipid2 2 ай бұрын
@@JSP1233 Not that difficult if the difference is only a few hundred dollars which isn't really that much. You maybe right if the gap was $1,000+ but it wouldn't be impossible. Two factors that would be critical is how much foreign investments we attract and how fast our population grows.
@beastmood6635
@beastmood6635 Ай бұрын
​@@JSP1233 it is not difficult to for philippines to surpass vietnam again. If philippines economy will keep growing it will overtake vietnam, remember philippines are one of the most fastest growing economy in southeast asia and are targeting to be a middle income country so it's not impossible to surpass vietnam.
@JSP1233
@JSP1233 Ай бұрын
@@beastmood6635 thực tế Vietnam và Philippines có mức tăng trưởng khá tương đương.Nhưng Phillipines lạo có lạm phát cao hơn Vietnam rất nhiều.Vietnam là nền kinh tế xuất khẩu trong khi đó Phillipines lại là nền kinh tế tiêu dùng.Tất cả chúng ta không chắc chắn về tương lai nhưng chúng ta đều mong những điều tốt đẹp nhất cho đất nước mình
@CarolineMiranda-td1th
@CarolineMiranda-td1th 2 ай бұрын
God bless the Philippines forever and ever.
@ma.nilaortiz456
@ma.nilaortiz456 2 ай бұрын
Filipinos will feel this economic development when the time comes that every filipino has a decent job . Every LGU has their own hospital and universities for their college students.
@quannguyen2899
@quannguyen2899 Ай бұрын
I love the Philippines. Cố lên!!
@machitalnv8463
@machitalnv8463 Ай бұрын
1/Hãy nên nhớ, mục đích ban đầu của việc lập ra ASEAN là gì ?,... là để chống lại VIỆT NAM. 2/Sau khi đánh bại FRANCE, USA, CHINA,v.v...Việt Nam mới cửa và ngưng bị cấm vận trong 20 năm trở lại đây, phát triển được như ngày hôm nay đã là kỳ tích. Trong 20 năm tiếp theo, chưa biết chuyện gì sẽ xảy ra đâu. Người Việt Nam sẽ lấy lại tất cả những gì họ xứng đáng được nhận.
@diomedesmontanez9493
@diomedesmontanez9493 2 ай бұрын
Go philippines
@muhammadsecret8783
@muhammadsecret8783 2 ай бұрын
Dude, Indonesia nominal GDP has already been 1.4 trillion USD last year. In 2025 based on IMF April 2024 projection, Indonesia nominal GDP would be 1.63 Trillion USD with 6000 USD something GDP percapita.
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
well whe can't do shi about that he already posted the video
@jogoegel1279
@jogoegel1279 2 ай бұрын
It was an error
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
@@jogoegel1279 what do you mean error you can check it on imf data mapper indo had already reach 5000+ of its per capita income
@Tumanggor-sq2xp
@Tumanggor-sq2xp 2 ай бұрын
Biasalah ini Chanel tentangga Suka melebih-lebihkan negaranya
@anaskhoiri3653
@anaskhoiri3653 2 ай бұрын
Udah 6000an bisa lah 2030 percapita kita diatas thailand karena mereka cuma tumbuh 1,5-2,5% yang 2025 cuma 8000an
@Longlong27548
@Longlong27548 2 ай бұрын
Wow Philippines congrats 👏
@thanhthuyang9697
@thanhthuyang9697 Ай бұрын
Chúc mừng Philippines từ VN ❤❤❤
@stuka80
@stuka80 Ай бұрын
ASEAN will rise together we are brothers.
@aforadorable6006
@aforadorable6006 2 ай бұрын
Congratulations, ASEAN! 🎉
@quangvuhuu9478
@quangvuhuu9478 Ай бұрын
Khi nào người dân Philipin không phải ăn Pagpag lúc ấy mới nên tự hào
@beastmood6635
@beastmood6635 Ай бұрын
When vietnam should not be eating rats and dogs it will better
@pippohanoi
@pippohanoi Ай бұрын
Công nhận, pinoy ăn rác thải từ thùng rác vậy mà vẫn vui vẻ hạnh phúc, ở thì trong nghĩa địa với xác chết. They are lives in tombs and eat pag pag. Omg 😱
@eaglestar2962
@eaglestar2962 Ай бұрын
What dollar are you using?
@charleston7970
@charleston7970 2 ай бұрын
Indonesia perlahan akan naik, karena kami negara yang besar dan ekonomi yang maju begitu penting untuk kami.
@amirism91
@amirism91 2 ай бұрын
negara cina lagi besar tapi bisa lebih maju dari negara konoha
@charleston7970
@charleston7970 2 ай бұрын
@@amirism91 Tapi tidak semua orang hidup sejahtera, masih banyak yang harus bersusah payah mencari rezeki. Apa lagi yang tidak menikah kerja sampai tua dalam garis kemiskinan. Yang maju hanya di kotanya. Tapi aku akui china cepat dalam pembangunan.
@Debat_777
@Debat_777 2 ай бұрын
​@@amirism91jika Indonesia kalah dengan china apalagi Malaysia😂 jauh lebih kalah kecl
@panurotomangkuwanito4728
@panurotomangkuwanito4728 2 ай бұрын
​@@amirism91paling tidak negara kami militernya lebih kuat dari Malaysia, itu sudah cukup 🤭
@abangrohim5407
@abangrohim5407 2 ай бұрын
@@amirism91 songong ya sama kakak tertua...kualat loh nanti 😂🤣😂🤣
@MrRAux
@MrRAux 2 ай бұрын
😮😮😮 PHILIPPINES LEGACY
@abdrahim2671
@abdrahim2671 2 ай бұрын
🤣
@AmericanJohnnyBoone
@AmericanJohnnyBoone Ай бұрын
I am an American citizen who is retired in the Philippines. Mindanao is BOOMING! 🇺🇸🇵🇭
@katrinasalvana399
@katrinasalvana399 2 ай бұрын
Please pray for Philippines here. You need highest rate numbers fastest. You need to work their hearing people. Respect the pity Philippines here. Private economy owns highest growing up stock. Save all. People work any of company more.... private economy work increase and high rate of stock fastest. Strongest and Highest economy make most stock hard-working and patient continue.
@davesalazar8532
@davesalazar8532 2 ай бұрын
😢
@teresitacruz5108
@teresitacruz5108 2 ай бұрын
Glory to God.... God bless philippines.... But why... Expensive all things. What happened.... Praying for low all price...
@oninolever1720
@oninolever1720 Ай бұрын
Watch out China! The Philippines and Vietnam are getting stronger! 😊 What happened to Thailand and Singapore 😢
@Kiminoyana
@Kiminoyana 2 ай бұрын
Long live the Philippines, the Living God's. Choosen Country
@user-ob7hn3ue2r
@user-ob7hn3ue2r 2 ай бұрын
Saya cinta perempuan filiphina 😍💓💕😘🇮🇩
@jperez7893
@jperez7893 2 ай бұрын
If only the philippines have the foresight to build a heavy machinery manufacturing base and give residency to professionals with masters and phds. They need to compete for talent
@ytpaul1
@ytpaul1 2 ай бұрын
Agree, the Philippines is too reliant on consumption and pushing skilled Filipinos abroad, leaving potential manufacturing industries like semiconductor, also we need to remove 40/60 ownership so we could get more foreign investors and creation of jobs, that wil foster a more healthy and developed economy
@dinhgiatien6893
@dinhgiatien6893 2 ай бұрын
Where is Cambodia’s?
@bkkwalk3549
@bkkwalk3549 2 ай бұрын
In Thailand we don't need big growth anymore we focus on producing enough food to feed our people so no one will live hungry that is enough for Thailand 😁😁😸😸
@KK-xq2mc
@KK-xq2mc 2 ай бұрын
ไม่ อย่าปลอบใจเราเองเลย เราแย่มา20ปีแล้ว ตั้งแต่รัฐประหาร🥹
@bkkwalk3549
@bkkwalk3549 2 ай бұрын
@@KK-xq2mc ตามหลักคำสอนของศาสนาพุทธมนุษย์เราอยู่ได้ด้วยปัจจัยสี่เท่านั้นสำคัญที่สุดส่วนสิ่งอื่นพึ่งให้น้อยที่สุดสำคัญที่สุดสุดคือการสร้างอาหารเพราะอาหารเป็นหนึ่งในโลกบางทีตัวเลขจีดีพีก็ไม่ได้เป็นหลักประกันว่าทุกคนจะอยู่ดีกินดีมีความสุข
@dextershaman7154
@dextershaman7154 2 ай бұрын
Philippines is in the verge of inflation xrisis. I hope theyll ramp down the curve. Tbe prices js increasing in ph. I know ph will be on top in economy.
@ardhi9617
@ardhi9617 2 ай бұрын
Indonesia stabil 5% terus
@Putingbeliung-jv3m
@Putingbeliung-jv3m 2 ай бұрын
Masih mending lah, growth Indonesia diangka 5.1% dibanding yg lain udh dibawah >5%
@anaskhoiri3653
@anaskhoiri3653 2 ай бұрын
Masih kalah dengan vietnam dan philipines seperti biasa 😢
@HogahamalabaKama
@HogahamalabaKama 2 ай бұрын
Lihat juga angka rata2 inflasinya dan prosentase hutang terhadap PDB.. Indonesia cukup bagus..
@Amadeus617
@Amadeus617 2 ай бұрын
Indonesia walaupun 5 ℅ tapi PDB kita 1.5 Triliun dollar beda sama Filipina walaupun 6% PDB nya dibawah 500 Miliar dollar
@Amadeus617
@Amadeus617 2 ай бұрын
​@@anaskhoiri3653secara Persentase kalah tapi secara angka menang, Indonesia PDB Nya 1.5 Triliun Dollar Atau 24 Ribu Triliun Rupiah Kalau tumbuh 5% itu meningkat sebesar 70 Miliar dollar atau 1200 Triliun Rupiah dalam 1 triwulan, beda sama Filipina yang PDB nya 470 Milliar Dollar atau 7500 triliun rupiah Tumbuh sebesar 6 % atau 400 Triliun rupiah dalam 1 Triwulan.
@BaimRiefandi-ly8pk
@BaimRiefandi-ly8pk Ай бұрын
I hope that Indonesia's economy is so great that there will be equality of opinion in this great country, with the opinion of a country as big as it is, in fact it is still very lacking for The population in Indonesia is much larger and denser, reaching rank 4 in the world ❤❤
@truongo6330
@truongo6330 Ай бұрын
Việt Nam - Philippin- Thái Lan- Indonesia chúng ta hãy là bạn thân
@dharmapratama.i9487
@dharmapratama.i9487 Ай бұрын
i wonder if the Philippines grew that much why the GDP per capita was kind of stagnant at 3000 USD while Indonesia with 4 times more population has 5000 USD of per capita despite being stuck at 5% growth since 2016
@aseananalytics
@aseananalytics Ай бұрын
GDP per Capita (IMF 2024) ID - $5,270.98 PH - $4,130.28 The reason for slower growth in term in GDP value compared to GDP growth rate is mostly on currency conversation which PH peso was depreciated against US dollar. Knowing that the bases for GDP per capita is the GDP value against its population converted into US dollar current prices. While GDP growth was based on the value of GDP on local currency. Hopes it help you understand.
@tieuphanhong
@tieuphanhong 17 күн бұрын
@@aseananalyticsoh my panna😂😂
@user-nq9de7ny9k
@user-nq9de7ny9k 2 ай бұрын
Dami nnamn iiyak dto na mga anti😁😁 piliin mo ang pilipinas🙏🙏🙏
@richardtan1707
@richardtan1707 Ай бұрын
Di ko ramdam parang sumama pa ngayon kaysa dati😮😮😮
@soledadtan7371
@soledadtan7371 Ай бұрын
Kailangan mo lng Ay maghintay d yan magic
@thefireballxyz
@thefireballxyz 2 ай бұрын
ASEAN rise UP!
@edigilang2671
@edigilang2671 2 ай бұрын
Saya dari Indonesia, berikan nilai terbaik buat negara lain.
@timawa22
@timawa22 2 ай бұрын
Philippines still leading the growth dispite we have an ongoing geo-political turmoil with china.
@Gregory-Masovutch
@Gregory-Masovutch Ай бұрын
Why is the peso still declining against the dollar?
@rainieresguerra6519
@rainieresguerra6519 Ай бұрын
Not only the Peso but also the Yen, Yuan, Rouble, Ringgit, Dong, Rupee, Brazilian Real, South African Rand, Italian Lira, British Pound, and almost every currency in the world. It's because of the high demand for dollars and the high interest rate in the US.
@BINI_Maloi_Colet
@BINI_Maloi_Colet Ай бұрын
All currency is like that
@EC4U2C_Studioz
@EC4U2C_Studioz Ай бұрын
Once NMIA opens, Philippine Airlines should have non-stop flights serving the Southeastern United States like Dulles and Atlanta airports. NMIA should serve all major North American airports. They should also use NMIA to serve European airports. In addition to the expected European airports like Heathrow, CDG, Schiphol, and Fiumicino, they should fly into Dublin, Madrid, Barcelona, Lisbon, Arlanda, Frankfurt, Munich, Berlin, Copenhagen, Oslo, Helsinki, Athens, Manchester, Glasgow, Edinburgh, Brussels, Zurich, etc in Europe getting non-stop Manila flights via NMIA.
@seabedsand
@seabedsand 2 ай бұрын
Who is the largest import and export country in the Philippines
@rainieresguerra6519
@rainieresguerra6519 2 ай бұрын
The US is the largest export partner of the Philippines and the trade balance is in favor of the latter. China is the largest exporter to the Philippines. The latter suffers a trade deficit of nearly 20B Usd in its trade with China, accounting to 1/3 of the Philippines' total annual trade deficit.
@seabedsand
@seabedsand 2 ай бұрын
@@rainieresguerra6519 So if China doesn't buy Philippine products, what will the Philippines do, it's definitely not as simple as changing buyers
@rainieresguerra6519
@rainieresguerra6519 2 ай бұрын
@@seabedsand If the Philippines doesn't buy Chinese products, where will China find a replacement buyers for its exports to the Philippines? The Phis the losing end with respect to its trade with China. Most of the products the Philippines exported to China are raw materials, electronics and chips which are needed by China's manufacturing sector. The Philippines would do well to diversify its import sources so that it can get better trade deals and reduce its trade deficit.
@seabedsand
@seabedsand 2 ай бұрын
@@rainieresguerra6519 Economic confrontation between a small country and the largest trading country?
@seabedsand
@seabedsand 2 ай бұрын
@@rainieresguerra6519 For example, if China eats 10 loaves of bread a day and the Philippines eats 5 loaves a day, if you eat 1 loaf a day according to the trade data between China and the Philippines, China now eats 5 less bread a day, can you eat 5 less as China?
@richardnuevo
@richardnuevo 2 ай бұрын
Kaya ako nagunsubscribed sa channel na ito kasi ang daming trolls na pinag-aaway away ang nanonood para tumaas ang views. Real talk.. part yan ng marketing nila at may department sila dyan para sa ganyan.. this is serious business. I have to commend the researchers though
@Ilove-zc1zm
@Ilove-zc1zm 2 ай бұрын
Nag unsubscribed ka nga pero nagbu-view ka pa din ng content nila. Kumikita pa din sila sa number of views, hindi dahil sa number of subscribers.
@dextershaman7154
@dextershaman7154 2 ай бұрын
Bobz ks talaga. Anong bng nagawa ng creator ha.free to comment good or bad. Parang ngayon ka lng sa socmed. Galing ka ba sa kweba.
@richardnuevo
@richardnuevo 2 ай бұрын
@@dextershaman7154 Ikaw na nagsabi free to comment good or bad 😂 Wala Kang pake
@richardnuevo
@richardnuevo 2 ай бұрын
@@Ilove-zc1zm I know pero Hindi mo sure kung tinapos ko Ang video 😁 fast forward to get the info and then that's it
@Ilove-zc1zm
@Ilove-zc1zm 2 ай бұрын
@@richardnuevo so interested ka pa rin sa content that's it period.
@arrafassan6252
@arrafassan6252 2 ай бұрын
I think GDP is too overrated for measuring an economy of it's country. GNI is actually a better measure for economic condition of it's country
@danieljosephdelta44semperfi
@danieljosephdelta44semperfi 2 ай бұрын
Oh God In The Name of Jesus please pour out your spirit all across the Philippine Islands now and save God save the people of the Philippines and save the Philippines and bless them now oh God in the name of Jesus 🇺🇸💖🇵🇭💖🇮🇱
@Eric-ep9rd
@Eric-ep9rd Ай бұрын
Galing naman! Kaya pala 58 pesos na ang dollar 🤣🤣🤣
@royalbalasuela819
@royalbalasuela819 2 ай бұрын
How to grow 100 percent? That x2 growth, thats posible.
@TuanPhan-ij3hj
@TuanPhan-ij3hj 2 ай бұрын
Gdp Vietnam 433 in 2023 and 2025 is 465?☺
@lilbear5271
@lilbear5271 Ай бұрын
Kênh này thường xuyên hạ thấp số liệu nước khác bạn ạ. Chúng ta cũng bị họ hạ thấp số liệu so với thực tế. Thôi thì hoan hỉ, kệ họ đi. Thực tế mới là quan trọng chứ không phải số liệu ảo tự tạo như thế này.
@user-ib3vl6ci8n
@user-ib3vl6ci8n 2 ай бұрын
Where are Brunei, Myanmar, combodia Thailand
@randygloria1037
@randygloria1037 2 ай бұрын
Best performing daw
@esmarmanguilimotan5406
@esmarmanguilimotan5406 2 ай бұрын
😮😮😮😮
@sussyfishman5082
@sussyfishman5082 Ай бұрын
why my comment is automatically deleting bruh wtf youtube my reply ain't even rude soooo wtf ?
@FilipinoFirst-zl1tx
@FilipinoFirst-zl1tx 2 ай бұрын
I'm very hopeful about this. Meanwhile, there's some schizophrenic commenter in this thread that I don't know what he/she is talking about (asking everyone to look in the mirror and I don't know why)
@Nabila-dx8xf
@Nabila-dx8xf 2 ай бұрын
malaysia is still not high income. So sad
@Baikumusta
@Baikumusta 2 ай бұрын
The best ka talaga PBBM ❤❤❤
@IErfanCN
@IErfanCN 2 ай бұрын
Hmm ok
@user-lz8mi4dd2p
@user-lz8mi4dd2p 2 ай бұрын
I don't think thailand GDP grow that fast
@haroldcanoy2340
@haroldcanoy2340 2 ай бұрын
Thailand just grew 1.5% for Q1 2024 as released by their government today.
@Ongnoiputin02
@Ongnoiputin02 2 ай бұрын
@@haroldcanoy2340yeah but I see the prediction for GDP of Thailand in 2025 is 600 billion, how can they grow 100 billion only in 2 years?
@DidyouKnow0415
@DidyouKnow0415 2 ай бұрын
​@@Ongnoiputin02well is just projected
@georgemolato1532
@georgemolato1532 2 ай бұрын
That’s nothing to be proud about because however much the country grows, the wealth is not spread to its people. Compare that with Singapore, and you see the disparity. Corruption is seed of all that. People work hard in the ph yet can’t get nowhere in life.
@rainieresguerra6519
@rainieresguerra6519 2 ай бұрын
Even the IMF and the ADB acknowledged that the wealth gap in the Philippines is narrowing and that the poverty rate in the country is dropping. But more needs to be done in these metrics.
@user-yc7kp2wo6g
@user-yc7kp2wo6g Ай бұрын
Hindi pa nga tayo nag bukas ng ating mga nakatagong deposito ng oil and gass sa ating mga karagatan nangunguna na tayo sa economic growth
@panurotomangkuwanito4728
@panurotomangkuwanito4728 2 ай бұрын
Singapore is amazing, that such a small country can beat the GDP of big countries like the Philippines and Vietnam and Malaysia. Although the population is also small Also you tend to underestimate china growth!! 5.3% growth of china it means miracle for a country with a giant economy like that!! Let's count!! China GDP 2024: USD 17.960.000.000.000×5,3%= 951.880.000.000 It means only their growth alone is more than all Philippines and vietnam total GDP combined!! 😁
@KSmifune
@KSmifune 2 ай бұрын
Yah because they are lucky to have Lee Kuan Yew as their first prime minister. I think all of us want a leader like him.
@panurotomangkuwanito4728
@panurotomangkuwanito4728 2 ай бұрын
@@sussyfishman5082 This is a big problem because both of you are having problems with China recently, here I just want to compare how terrible China is, even your growth of 7% per year still takes 10,000 years to match China now... That's why here I criticize the narrator who seems to belittle China by that kind of economic growth. he forgot that China is USD18T economy. 5% growth is miracle. There is an unwritten law that states the bigger your country's economy, the more difficult it will be to grow. So far China and India are truly extraordinary...
@machitalnv8463
@machitalnv8463 2 ай бұрын
1/Hãy nên nhớ, mục đích ban đầu của việc lập ra ASEAN là gì ?,... là để chống lại VIỆT NAM. 2/Sau khi đánh bại FRANCE, USA, CHINA,...Việt Nam mới cửa và ngưng bị cấm vận trong 20 năm trở lại đây thôi, phát triển được như ngày hôm nay đã là kỳ tích. Trong 20 năm tiếp theo, chưa biết chuyện gì sẽ xảy ra đâu. Người Việt Nam sẽ lấy lại tất cả những gì họ xứng đáng được nhận.
@faithdino4428
@faithdino4428 Ай бұрын
Their population is only 6 million that’s why. It’s an advantage for less people
@panurotomangkuwanito4728
@panurotomangkuwanito4728 Ай бұрын
@@faithdino4428 ask Timor leste
@user-yi6ob3ur9w
@user-yi6ob3ur9w Ай бұрын
As an philipinos we use are currency pesos not dollars 😅
@user-ml6uk4fe2w
@user-ml6uk4fe2w 2 ай бұрын
Partida Marami Pa Yang Curroupt Na Leader Lalo na sa Congressman at senado 😂
@KK-xq2mc
@KK-xq2mc 2 ай бұрын
ประเทศไทยของผมป่วยใกล้ตายแล้ว คงไม่แย่ไปกว่านี้แล้วนะ อิจฉาประเทศอื่นจังเลย🥲😌
@XiWein
@XiWein Ай бұрын
Why Thailand growth so slow and stagnant? they are not even a developed economy like Singapore and Malaysia?
@_martian101
@_martian101 Ай бұрын
geographic decline is why, most people are unproductive
@χσχσ-ν3χ
@χσχσ-ν3χ Ай бұрын
Good luck to our philipino brothers and sisters ❤ from india 🇮🇳
@dainielmarianotv
@dainielmarianotv 2 ай бұрын
First
@boysiedent6149
@boysiedent6149 2 ай бұрын
Philippines BEST-PERFORMING Economy in Southeast Asia | Quarter 1 2024 - I am very glad that you remember to - [ STAND IN FRONT OF THE MIRROR - WHEN YOU SPEAK THIS KRAP ]
@Julian-CODM
@Julian-CODM 2 ай бұрын
Galing Ng pangulo
@KSmifune
@KSmifune 2 ай бұрын
PNoy and BBM but in Duterte's time not that good in comparison, plus our debt ratio increase to 60% during his time. At least BBM seems to be doing well this time leveraging the trade war between the US and China to get more investments from the west.
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
@@KSmifune fr plus the Philippines gdp grew 86B in 2 years of BBM term higher than du30 6 years in power in the country
@KSmifune
@KSmifune 2 ай бұрын
@@sussyfishman5082 China realignment was clearly a bad call. Duterte should have stick to Philippine traditional partners like what PNoy and BBM is doing. Can't blame him tho belt and road loans was kinda attractive but sadly those investments never materialized. Beijing was holding out the philippines.
@ytpaul1
@ytpaul1 2 ай бұрын
I think the Philippines manipulated the data its impossible to gain that growth inflation and high interest rate, el Niño and. Slower consumer spending can have a massive impact on the economy political instability is also a factor so i believe that PH's economy might have grew a much slower pace
@rainieresguerra6519
@rainieresguerra6519 Ай бұрын
You think. Provide evidence. Not even the IMF, WB, ADB and rating institutions like Moody's, S&P, and others made insinuations that the Philippines is faking data. In fact, Philippine GDP numbers are generally consistent with the projections given by financial and rating institutions.
@cheerLads88
@cheerLads88 Ай бұрын
Even world bank and imf data phil on top of their data ,with the free trade agreement that philippines having right now due to SCS issues nothing can stop phil progress.
@_martian101
@_martian101 Ай бұрын
@@cheerLads88 joining OECD shoild be priority though
@vijaylalangan4689
@vijaylalangan4689 Ай бұрын
hope to thrive consistently because of excellent leadership of pbbm.....
@laniVargas-iy3lg
@laniVargas-iy3lg Ай бұрын
What are you saying phillipp8nes getting strong the economic ..did you know stock market in Philippines fall down..because of higher inflation…people put in poverty because of higher inflation of commodities..
@rainieresguerra6519
@rainieresguerra6519 Ай бұрын
Gdp growth is not just based on the stock market or inflation rate. The Philippines had a higher inflation and lower stock market in 2023. Yet the Philippines had the highest growing GDP last year. Study economics a little more so you'd understand what and how GDP is computed. Haay..parang miyembro lang ng Kulto ni Mang Kanor. Hindi alam ang pinagsasasabi. 😩
@boogieman4170
@boogieman4170 2 ай бұрын
Could you mean the best non performing economy in the world? This must be the appropriate title for Ph!
@richardnuevo
@richardnuevo 2 ай бұрын
To your shame it's the opposite
@josebrazilvencito
@josebrazilvencito 2 ай бұрын
Malalampasan na Tayo Ng Vietnam...
@richardnuevo
@richardnuevo 2 ай бұрын
LOL Vietnam wasn't even a NIC meaning it's a third world country
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
vietnam already surpass us
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
but it doesn't mean its over ph growth has rebound so whe need to stable our growth baka masurpass pa ulit natin yung vietnam gdp per capita malapit lang agwat ng pinas sa vietnam
@charlesgotidoc5288
@charlesgotidoc5288 2 ай бұрын
They will never outgrow us interms of gdp nominal
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
@@charlesgotidoc5288 well they almost
@Iggyestalavista
@Iggyestalavista 2 ай бұрын
There is no point if gdp is big but gdp per capita is small
@_martian101
@_martian101 Ай бұрын
gdp per capita is less important than the gdp growth, because gdp percapita is based on currency conversion to us $ meanwhile the gdp growth is based on the value of gdp on local currency
@sussyfishman5082
@sussyfishman5082 Ай бұрын
​@@_martian101 ganon pala yun
@user-jc8yi5kv3t
@user-jc8yi5kv3t 2 ай бұрын
Fast Growing but still down lol.. Show the full details lol
@sussyfishman5082
@sussyfishman5082 Ай бұрын
its not like south korea went through many challenges too just to become a progressive country
@user-cb9cq8db9c
@user-cb9cq8db9c 2 ай бұрын
Second
@joffneme05
@joffneme05 2 ай бұрын
Pero sa mga vlog ng mga vietnamese sila na naman daw mas mayaman sa pinas
@aldyaltar
@aldyaltar 2 ай бұрын
The Philippines is rising and will be like Israel in the time of King Solomon.
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
bruh you have been commenting this since 2020 you better stfu this is why i hate youtube comment
@sussyfishman5082
@sussyfishman5082 2 ай бұрын
bruh you've been commenting this since 2020 or something pls f*king stop 🙏😭 this the reason why i hate youtube comment
@chrisdelmonte983
@chrisdelmonte983 2 ай бұрын
HAHAHAHAHAAA .. unless you are jewish choosen by their God 😂😂😂
@laniVargas-iy3lg
@laniVargas-iy3lg Ай бұрын
Did you know the real situation of economic in Philippines..in south East Asian…now ..Philippines are in number 6…
@rainieresguerra6519
@rainieresguerra6519 Ай бұрын
No. Your information is outdated. The Philippines is now the 4th largest economy in the ASEAN Region. The Philippines surpassed the GDP of both Malaysia and Vietnam in 2023 when Philippine GDP grew the fastest year on year. In Q1 of 2024, the Philippine economy likewise grew the fastest in the Region.
@ricosubekti1450
@ricosubekti1450 Ай бұрын
Banyak perusahaan Indonesia yang berinvestasi di Philippines. tetapi menurutku perkembangan Vietnam terlalu gila.
@ianfvcknr
@ianfvcknr Ай бұрын
keep dreaming kid, i never saw any Indognesia company here 😂 most company in Philippines came from Europe 😂
@ricosubekti1450
@ricosubekti1450 Ай бұрын
@@ianfvcknr Shameless, if it wasn't our company that saved you a lot from that time crisis, PT. Mayora alone already controls 50% of your market, do you know kopiko? yes that's our company, BCA
@ianfvcknr
@ianfvcknr Ай бұрын
@@ricosubekti1450 Indognesia economy relies on CHINA 😂 INDOGNESIA afraid to lose CHINA that's why you can't go to war against CHINA, LARGE country but no GUTS 😂
@user-mz7sy3sv9r
@user-mz7sy3sv9r Ай бұрын
​@@ianfvcknrwe don't have border problem with china then why should we have conflict with china?
@user-mz7sy3sv9r
@user-mz7sy3sv9r Ай бұрын
​@@ianfvcknrwe care more about our country's economy than conflict that does not bring benefits
@mrussel2392
@mrussel2392 Ай бұрын
Philippines
@mscorner4149
@mscorner4149 2 ай бұрын
lezz go SEA . that’s why china wants a location near us .
@randypaye5118
@randypaye5118 2 ай бұрын
The largest economy in the region? Pag sure mo diha.
@azmanhamat1314
@azmanhamat1314 Ай бұрын
how are they the size of the Asian economy..everyone from that country comes to Malaysia to look for work..illegally and legally..but each of their countries is far from Malaysia.we Malaysians no one wants to work in their country which is said to be good economically .how strange this world is.
@_martian101
@_martian101 Ай бұрын
country or countries? what size of asian economy?
@Global_indpopmusic_KaWaN
@Global_indpopmusic_KaWaN Ай бұрын
😂😂pendapatan negaramu berasal dari kasino ( uang haram)..pembangunan negaramu berasal dari belasan juta orang india dan china..jutaan tenaga kerja bangladesh, rohingniya dan pakistan sebab orang MALASIE orangnya pemalas cuma mau terima subsidi dari pemerintah kasino..kasien yee
@Manselior
@Manselior Ай бұрын
The were the srongest in terms of Economy and Military, Indonesia is already served their army for Palestine, unlike Coward Malaysia
@joelarcayena7395
@joelarcayena7395 2 ай бұрын
If Philippines can utilize it's untap Gas/Deuterium , it can easily surpass to 2nd place. What's the secret? Bless ISRAEL and let God fulfill his promise in Genesis 12:3 kjv ....for God cannot lie for Almighty God is HOLY 😎
@danieljosephdelta44semperfi
@danieljosephdelta44semperfi 2 ай бұрын
🇺🇸💖🇵🇭💖🇮🇱
@_martian101
@_martian101 Ай бұрын
you think you're israel? i dont get it
@joelarcayena7395
@joelarcayena7395 Ай бұрын
@@_martian101 Read Genesis 12:3 please...
@_martian101
@_martian101 Ай бұрын
@@joelarcayena7395 saying bless Israel is same as saying bless Nazi, it's concerning for most of people
@_martian101
@_martian101 Ай бұрын
@@joelarcayena7395 unless you're talking about the extinct ancient Israel kingdom, not made up country called Israel today
@UtamaoutamaoPerwiraperwira
@UtamaoutamaoPerwiraperwira 2 ай бұрын
klok 5 % mulu mah gk bkl ngpai target 2045 😅
@reyaguilos4496
@reyaguilos4496 Ай бұрын
Good for the wealthy but the people in the Phil's are very poor and suffer hunger... Very poor government
@sussyfishman5082
@sussyfishman5082 Ай бұрын
well the ph gdp growth is doing well which means more people will be employ equal many money in their pocket
@Gnihtemo
@Gnihtemo 2 ай бұрын
Don't announce it keep it secret cuz asian neighbors will angry if the philippines will progress. 😂
@teresitacruz5108
@teresitacruz5108 2 ай бұрын
Stop selling property philippines... We need land for planting... Hmmp.....
@MeloG.B.
@MeloG.B. 2 ай бұрын
Malawak ang lips sa probinsya pwede magtanim dun.
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