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The economy in the Philippines is a emerging market economy. Their economy is the 35th largest in the world and the 4th largest in South Asia.

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9y ago
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2w ago

The Philippines has a mixed economy, consisting of both a market-driven private sector and government intervention through regulation and public enterprises. The economy is characterized by a diverse range of industries such as agriculture, manufacturing, and services.

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Q: What type of economy is in the Philippines?
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Related questions

What economy does the Philippines have?

The economy of Philippines is based on free enterprise.


Is Philippines a mixed economy?

Yes. Philippines is a mixed economy


What is the difference between the economy of Japan today and the economy of the Philippines today?

The Philippines is not nearly as industrialized. The economy is unstable.


What is the Philippines' economy before the conquest?

probably one of the best economy in the world. philippines economy before is top 2 in asia.


What is Philippines rank in world economy?

the Philippines is 175 years late than the US economy


Is the Philippines a market or command economy?

the Philippines is a mixed market economy. the country has many ties to the united states and is entirely dependent on the united states markets. because of this, the united states influences the Philippines to have a mixed market economy.


How does religion affect the Philippines economy?

beliefs


What type of economy does all of Asia have?

command economies in Vietnam cambodia and laos, market economie on the Philippines, and mixed economies in Singapore and Indonesia


What event helped the economy of the Philippines in 1860?

The opening of the Suez Canal in 1860 helped the economy of the Philippines by making trade with European countries easier.


Compare the Philippines economy to American economy?

The GDP of the United States is sixty three times greater than that of the Philippines. The Philippines has a poverty rate of 26 percent compared to that of the U.S. which is 15 percent.


How much is the economy plain ticket From Philippines to Australia?

how much plane ticket philippines to autralia


What economic system Philippines belong?

Mixed Economy