Industries: textiles, pharmaceuticals, chemicals, wood products, food processing, electronics assembly, petroleum refining, fishing
Agriculture: accounts for about one-third of GNP and 50% of labor force; major crops—rice, coconut, corn, sugarcane, bananas, pineapple, mango; animal products—pork, eggs, beef; net exporter of farm products; fish catch of 2 million metric tons annually
Illicit drugs: illicit producer of cannabis for the international drug trade; growers are producing more and better quality cannabis despite government eradication efforts
Aid: US commitments, including Ex-Im (FY70-88), $3.2 billion; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $6.4 billion; OPEC bilateral aid (1979-89), $5 million; Communist countries (1975-88), $123 million
Currency: Philippine peso (plural—pesos); 1 Philippine peso (P) = 100 centavos
Exchange rates: Philippine pesos (P) per US$1—22.464 (January 1990), 21.737 (1989), 21.095 (1988), 20.568 (1987), 20.386 (1986), 18.607 (1985)
Fiscal year: calendar year
- Communications
Railroads: 378 km operable on Luzon, 34% government owned (1982)
Highways: 156,000 km total (1984); 29,000 km paved; 77,000 km gravel, crushed-stone, or stabilized-soil surface; 50,000 km unimproved earth
Inland waterways: 3,219 km; limited to shallow-draft (less than 1.5 m) vessels