The Palestine vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, the Philippines and the Palestine ranked 134th vs 132nd, respectively.

Gross Domestic Product & Income

StatPalestinePhilippines
GDP$14.6B$330.9B
GDP growth, 1 year0.91%6.2%
GDP growth, 5-years averageN/A6.4%
Population4.7M104.9M
GDP per capita$3.2k$3.1k
GDP per capita growth-1.62%4.77%
Purchasing Power Parity conversion factor2.2318.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.620.35
GDP per capita, PPP adjusted$5.2k$8.9k
GNI, Atlas method$17B$408.8B
GNI per capita$3.7k$3.8k
GNI, PPP adjusted$27.4B$1.1T
GNI per capita, PPP adjusted$6k$11k

Financial system and Human development

StatPalestinePhilippines
Income Tax RateN/A35%
Corporate Tax RateN/A30%
Inflation, consumer prices-0.2%5.2%
Inflation, GDP deflator-0.1%3.8%
Unemployment26.3%2.5%
Economic Freedom Index3064.5
Personal Freedom Index4.17.06
Human Freedom Index46.92
Property Rights IndexN/A54.6
Judical Effectiveness IndexN/A34.2
Business Freedom IndexN/A59.5
Fiscal Health IndexN/A96.3
Labor Freedom IndexN/A57.4
Investment Freedom IndexN/A60
Financial Freedom IndexN/A60
Trade Freedom IndexN/A81.6
Monetary Freedom IndexN/A66.9
Government Spending IndexN/A87.9
Tax Burden IndexN/A76.7
Government Integrity IndexN/A38.7
Corruption Perceptions Index1836
Life expectancy at birth, years73.771
Suicide mortality rate, per 100,000 people4.33.2
Mortality caused by road traffic injury, per 100,000 people19.512.3
Intentional homicides, per 100,000 people0.78.4
International tourism, number of arrivals606k7.2M

Government debt & reserves

StatPalestinePhilippines
Central government debt, % of GDPN/A39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNIN/A28.5%
Gross savings, % of GDP12.6%42.4%
Gross capital formation, % of GDP24.2%26.9%
Total reserves including gold$537.8M$79.2B
Foreign direct investment net inflows$262.5M$9.8B

Exports, imports and economic structure

StatPalestinePhilippines
Exports of goods and services, % of GDP19.9%31.7%
Imports of goods and services, % of GDP59.7%44.4%
Current account balance (balance of payments)-$1.7B-$8.7B
Revenue excluding grants, % of GDP6.9%16.3%
Grants excluding technical cooperation, BoP$2.1B$436.5M
Personal remittances received$2.5B$33.8B
Industry including construction value added, % of GDP19.6%30.7%
Agriculture, forestry and fishing value added, % of GDP3.2%9.3%
Charges for the use of intellectual property, payments BoP$1.4M$917M
Charges for the use of intellectual property, receipts BoP$1.6k$44.1M
Expense, % of GDP8.3%14.9%
Government Expenditure, % of GDPN/A20.1%

Compare with countries close by GDP per capita

Palestine vs

CountryGDP
per capita
Population
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B