CR/PHILIPPINES

The Republic of the Philippines (Republika ng Pilipinas) has risen to be a country with one of the world's fastest growing GDPs in recent years. Behind this budding developmental success story is a deep history of social diversity, international trade, and finally modernization. The sprawling archipelago of 7,107 islands are home to over 100 million Filipinos and some of the world's greatest biodiversity, which are increasingly leveraged as human and natural capital in a globalized Philippine economy. While issues of corruption and inequality continue to stifle development and markets' efficiency, an active civil society and the relative success of populist leaders may produce more equitable growth and democratic governance.

Capital: Manila
Largest city: Manila (11.86 million)
Surface area: 300.000 km2 
Land area: 298,170 km2
Population: 107,668,231 million
Population under 14 years: 33.7%  
Currency: Philippine Peso (₱)
Real GDP growth rate:  3.6% (2011)  6.8% (2012)  6.8% (2013)
GDP per capita: $4,700 (2014 est.)
Human Development Index (HDI): 0.660 (117 of 187)[3]
[1] World Bank. (2014b). [2] Ibid. [3] UNDP. (2014).