Global Filipino

Cards (10)

  • Today, the Philippine economy depends largely on incomes from jobs with global connections
  • Migrant labor
    Filipinos leaving the country to work overseas
  • In 2015, the number of Filipinos leaving the country to work overseas rose from 4,018 in 2010 to 6,092 in 2015, a 51-percent increase in the span of five years
  • In 2016, there were 2.4 million Filipinos leaving and/or working outside of the country
  • Filipinos sent back $25.8 billion in 2015, roughly 8.5 percent of the country's gross domestic product
  • Filipinos really have very little choice but to accept this globalized state as a country and a people
  • Globalization's impact has, admittedly, been uneven and often does not benefit most Filipinos
  • The business process outsourcing(BPO) that the Philippines provides for foreign clients.
  • The third source of national income is comprised of exports.
  • The fourth largest source of income is tourism, which reached about $6.05 billion by the end of 2016.