Imports - commodities:
raw materials, machinery and equipment, fuels, chemicals

Imports - partners:
Japan 21.6%, US 18.6%, Singapore 7.8%, South Korea 7.5%, China
5.2%, Hong Kong 4.5%, Taiwan 4.1% (2002)

Debt - external:
$60.3 billion (2002)

Economic aid - recipient:
ODA, $1.1 billion (1998)

Currency:
Philippine peso (PHP)

Currency code:
PHP

Exchange rates:
Philippine pesos per US dollar - 51.67 (2002), 50.99 (2001), 44.19
(2000), 39.09 (1999), 40.89 (1998)

Fiscal year:
calendar year

Communications Philippines

Telephones - main lines in use:
6.98 million (2001)