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Philippines’ GDP per capita (constant 2000 US$) decreased 3% from $918.40 in 1990 to $892.05 in 1991 and 2% from $918.40 in 1991 to $874.65 in 1992. From 1993 to 2006, GDP per capita has been increasing gradually 32% from $873.06 to $1,154.49 during fourteen years except for the Asian Financial Crisis in 1998. The average of GDP per capita of Philippines during seventeen years from 1990 to 2006 is $976.07.
Inflation is the rate of change in price, so the higher number in inflation the economics got worse. Over the seventeen years, the average inflation of Philippines was 7.48%. Before the Asian Financial Crisis in 1998, the peak of the inflation increased from 12...
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