Political pressure groups and leaders: NA
International organization participation: APEC, ARF, AsDB, ASEAN, CCC,
CP, ESCAP, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA,
IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, NAM,
OAS (observer), OPCW, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIK, UNTAET,
UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador
Albert DEL ROSARIO consulate(s): San Diego consulate(s) general: Chicago,
Honolulu, Los Angeles, New York, San Francisco, San Jose (Northern Mariana
Islands), Tamuning (Guam) FAX: [1] (202) 328-7614 telephone: [1] (202)
333-6000 chancery: 1600 Massachusetts Avenue NW, Washington, DC 20036
Diplomatic representation from the US: chief of mission: Ambassador Francis RICCIARDONE embassy: 1201 Roxas Boulevard, Ermita 1000 Manila mailing address: FPO 96515 telephone: [63] (2) 523-1001 FAX: [63] (2) 522-4361
Flag description: two equal horizontal bands of blue (top) and red with a white equilateral triangle based on the hoist side; in the center of the triangle is a yellow sun with eight primary rays (each containing three individual rays) and in each corner of the triangle is a small yellow five-pointed star
Economy Philippines
Economy - overview: In 1998 the Philippine economy - a mixture of agriculture, light industry, and supporting services - deteriorated as a result of spillover from the Asian financial crisis and poor weather conditions. Growth fell to 0.6% in 1998 from 5% in 1997, but recovered to about 3% in 1999 and 4% in 2000. The government has promised to continue its economic reforms to help the Philippines match the pace of development in the newly industrialized countries of East Asia. The strategy includes improving infrastructure, overhauling the tax system to bolster government revenues, furthering deregulation and privatization of the economy, and increasing trade integration with the region. Prospects for 2002 depend heavily on the economic performance of two major trading partners, the US and Japan.
GDP: purchasing power parity - $335 billion (2001 est.)
GDP - real growth rate: 2.8% (2001 est.)
GDP - per capita: purchasing power parity - $4,000 (2001 est.)