Fast Facts 3 – People and Money

US$12 billion – amount of annual remittances by OCWs (2006)

US$55 billion – outstanding foreign debt

32% – percentage of budget used for debt servicing in 2006, the biggest share

80% – percentage of the population that subsist on less than US$2 a day

46 million – number of Filipinos who do not meet 100% dietary energy requirements

87 million – Philippine population (2006 est)

12 – ranking as the most populous nation in the world

19 – ranking of Metro Manila as the most populous metropolitan area

3,000 – estimated number of Filipinos who leave everyday to work abroad

1 million – estimated number of Filipinos who leave annually to work abroad

Leave a Reply