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Real GPD per capita development of the Philippines. The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring ...
Historiography of the Philippines refers to the studies, sources, critical methods and interpretations used by scholars to study the history of the Philippines. The Philippine archipelago has been part of many empires before the Spanish empire has arrived in the 16th century. The pre-colonial Philippines uses the Abugida writing system that has ...
The opening of Philippine trade to the world gave rise to business and imposing edifices that made Manila the 'Paris of Asia'. La Insular Cigar Factory is one of the most popular. The development of the Philippines as a source of raw materials and as a market for European manufactures created much local wealth. Many Filipinos prospered.
Much of the archipelago came under Spanish rule, creating the first unified political structure known as the Philippines. Spanish colonial rule saw the introduction of Christianity, the code of law, and the oldest modern university in Asia. The Philippines was ruled under the Mexico-based Viceroyalty of New Spain.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [ 31 ] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The recorded history of the Philippines between 900 and 1565 begins with the creation of the Laguna Copperplate Inscription in 900 and ends with the beginning of Spanish colonization in 1565. The inscription records its date of creation in 822 Saka (900 CE). The discovery of this document marks the end of the prehistory of the Philippines at ...
e. The history of the Philippines from 1898 to 1946 is known as the American colonial period, and began with the outbreak of the Spanish–American War in April 1898, when the Philippines was still a colony of the Spanish East Indies, and concluded when the United States formally recognized the independence of the Republic of the Philippines on ...
The Philippines, [f] officially the Republic of the Philippines, [g] is an archipelagic country in Southeast Asia.In the western Pacific Ocean, it consists of 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon, Visayas, and Mindanao.