Philippines

Price of Goods in US$, which in US would Cost $1 - Philippines Compared to Continent

Footnote

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Myanmar	$0.10
Cambodia	$0.16
Bangladesh	$0.20
Nepal	$0.20
Timor-Leste	$0.21
Vietnam	$0.22
India	$0.23
Afghanistan	$0.24
Laos	$0.26
Bhutan	$0.27
Sri Lanka	$0.27
China	$0.28
Philippines	$0.28
Kyrgyztan	$0.29
Uzbekistan	$0.30
Maldives	$0.31
Pakistan	$0.31
Tajikistan	$0.32
Thailand	$0.35
Armenia	$0.39
Indonesia	$0.39
Azerbaijan	$0.43
Mongolia	$0.46
Malaysia	$0.48
Taiwan	$0.50
Georgia	$0.52
Turkmenistan	$0.53
Kazakhstan	$0.59
Hong Kong	$0.70
South Korea	$0.76
Singapore	$0.94
Japan	$1.00
Brunei	$1.23

 

 

Philippines: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Philippines does not publish official house price statistics. Colliers International has quarterly data of capital values in the Makati-CBD. Economics statistics are available from government agencies - Bangko Sentral ng Pilipinas, National Statistical Coordination Board and National Economic Development Agency.