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Economy

Useful information about economy issues in Philippines



Economy

Reviewed by: Editorial Staff

Overall rating:

13075_cagayan_de_oro_aerial_view_of_bay

The Philippines economy is a growth economy. The main industries include electronics, garments, fisheries, food processing, chemicals and transport equipment. The country also has a booming business process outsourcing industry.

The Philippines is a relatively inexpensive country for travellers. The average daily cost for tourists here is about 800P–1000P, with an average meal costing about 40P–80P. Local buses are a cheap and convenient way to travel.

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