What was the gross domestic product in 2010?
$15,049,000 million
The GDP figure in 2010 was $15,049,000 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $570,900 million with respect to 2009.
Why has the GDP of the Philippines been growing so rapidly in the past few years?
The Philippines has seen its economy grow rapidly since the 2000s, but the country still remains a developing economy with an average per-capita income far lower than developed countries. The country’s economy has become increasingly reliant on services, which now make up more than 61% of its GDP.
How does GDP affect the Philippine economy?
A yearly 2.5-3.5% GDP growth rate is good for providing ample growth in jobs and corporate profits. And for developing countries like the Philippines, a huge leap from the average growth rate helps in expediting the improvement and stabilization of the economy.
How much is the gross domestic product?
In the third quarter, GDP increased 8.4 percent, or $461.3 billion (table 1 and table 3). The price index for gross domestic purchases increased 6.9 percent in the fourth quarter, compared with an increase of 5.6 percent in the third quarter (table 4).
What is the GDP today?
Current-dollar GDP increased 10.0 percent, or $2.10 trillion, in 2021 to a level of $22.99 trillion, in contrast to a decrease of 2.2 percent, or $478.9 billion, in 2020 (tables 1 and 3).
How are the candidates determined in the elections in the Philippines?
The candidates are determined via political conventions of the different political parties. As most political parties in the Philippines are loosely structured, with most politicians switching parties from time to time, a person not nominated by a party may either run as an independent, get drafted by another party, or form their own party.
How many defective poll machines were found in the Philippines?
Archived (PDF) from the original on May 6, 2010. Retrieved May 10, 2010. ^ “NCRPO, Comelec: All systems go for polls – the Philippine Star » News…”. ^ “Over 400 defective poll machines found, replaced, Smartmatic says”. gmanews.tv. Archived from the original on May 12, 2010.
Who is the winner of the election in the Philippines?
The presidential candidate with the greatest number of votes, Benigno Aquino III was declared the winner. A separate election was held for the vice president; the two elected officials need not be running mates in order to be elected. Vice presidential results. Parties that had the plurality of votes in each province.
How do political parties work in the Philippines?
As most political parties in the Philippines are loosely structured, with most politicians switching parties from time to time, a person not nominated by a party may either run as an independent, get drafted by another party, or form their own party.