Charts outlining the Philippines’ economic trajectory

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Phil flagHere at Investvine, we have closely kept an eye on the fundamentals that have made the Philippines such a charmer for emerging market analysts.

Phenomenal 7.8 per cent first-quarter GDP growth that made the ASEAN nation the fastest growing in the Asia-Pacific region, trumping China by 0.1 per cent, has spring boarded from a strongly growing consumer class, increased fiscal stability and better business perception, resulting in 3 investment credit upgrades (with another on the horizon).

Meanwhile, China has now been dragged to the fore of a different kind of worldwide debate, this time over whether a hard landing is imminent.

Today, July 31, Bloomberg BRIEF’s Michael McDonough tweeted 3 charts that compose a telling picture of how the Philippines is quickly upturning the former negative sentiment once placed on the “basket case” nation and assuming China’s position.

Phil-China chart

demographic

asean-gdp

 

 

 

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Reading Time: 1 minute

Here at Investvine, we have closely kept an eye on the fundamentals that have made the Philippines such a charmer for emerging market analysts.

Reading Time: 1 minute

Phil flagHere at Investvine, we have closely kept an eye on the fundamentals that have made the Philippines such a charmer for emerging market analysts.

Phenomenal 7.8 per cent first-quarter GDP growth that made the ASEAN nation the fastest growing in the Asia-Pacific region, trumping China by 0.1 per cent, has spring boarded from a strongly growing consumer class, increased fiscal stability and better business perception, resulting in 3 investment credit upgrades (with another on the horizon).

Meanwhile, China has now been dragged to the fore of a different kind of worldwide debate, this time over whether a hard landing is imminent.

Today, July 31, Bloomberg BRIEF’s Michael McDonough tweeted 3 charts that compose a telling picture of how the Philippines is quickly upturning the former negative sentiment once placed on the “basket case” nation and assuming China’s position.

Phil-China chart

demographic

asean-gdp

 

 

 

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid