Philippine Services Coalition

	Secretariat, Office of the Undersecretary for International Economic Relations,

14/f, DFA Building, 2330 Roxas Boulevard, 1300 Pasay City Metro Manila, Philippines

Phone: (+632-834-3049) Fax: (+632-834-1451) Email: philservices@gmail.com

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Performance of Philippine Service Sector

Contribution to GDP
The Philippine economy is considered a service economy, with a contribution to GDP higher than 51 percent.

Value
It is envisioned that the sector will continue to grow in the coming years. The growth for the contact center alone for this year is projected at around 50% to 70%, with an anticipated revenue level of US$ 3 billion in 2008.

Growth
Services trade has overtaken trade in goods in economic importance. Aside from percentage contribution to GDP, the sector is also growing at a rate double that of goods trade.

Employment Contribution
As expected, Services still accounted for a large of employment, this time followed by Agriculture.

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Performance

Supporting Infrastructure

Development Framework

Sectoral Pages

"we’ve been here for 27 years. In spite of the ups and downs, our Philippine operations continue to be very competitive. We take pride in being the country’s top export performer in the last five years, mainly because of the resilient, dedicated, multi-skilled, and English-speaking workforce"

Robin Martin
General Manager, Intel Phil.