The Philippines is Going Beast Mode! 3 of 3

Philippines and ChinaSharing my thoughts on some great Bloomberg visuals my good friend Justin Calderon used in a recent story he put together.

http://investvine.com/charts-outlining-the-philippines-economic-trajectory/

Beast Mode is an American Football term for a player who singlehandedly dominates a game. This is the third of three visuals I will breakdown and comment on.

This slide is quite interesting both because of the data behind it and the significance that can be distilled from it. The data shows a truly remarkable moment in for the Philippines, if you asked 100 people (Filipinos, Chinese Americans, anyone) if they thought it was possible for the growth of the Philippines economy to match the growth rate of the Chinese economy, you’d be lucky to find 1-2 people who would believe it.

Of course you have to keep the size of the economies in mind as the Chinese economy is many times larger in total GDP than the Philippines economy. But still, it’s a remarkable achievement for an economy that has not such a lot of positive trends in many, many years.

Now for the significance of it… the fact that it surprises is where the real power is. Its and OMG moment for Filipinos to take pride in the country and to try to go even further. To push accountability within the government, to reinvest in and reinvent education, and to help their fellow countrymen to rise up and push this trend of being a new economy of significance onward and upward.

So take the three slides we have reviewed; (1) the economy of the Philippines is growing significantly faster than its ASEAN neighbors, (2) demographics favor almost unlimited potential and (3) the story of the economic growth is something that will make people stop and take notice. And that is the power of data visualization.

The Philippines is Going Beast Mode! 1 of 3

ASEAN Economies

Sharing my thoughts on some great Bloomberg visuals my good friend Justin Calderon used in a recent story he put together.
http://investvine.com/charts-outlining-the-philippines-economic-trajectory/

Beast Mode is an American Football term for a player who singlehandedly dominates a game. This is the first of three visuals I will breakdown and comment on.

Over the past couple of years I have been talking a lot about how the economy of the Philippines is quickening. The overall trajectory for the economy is rocketing ahead for several reasons including geography, history, political climate, and demographics. There are dozens of stories published all the time about why, how, and what this means for both the Filipino people, for the ASEAN countries and for the global marketplace. There is so much economic data out there, its like an analytics playground.

One of the most significant and often used economic data points is GDP (Gross Domestic Product). GDP is of course is the market value of all officially recognized final goods and services produced within a country in a given period of time. Thanks Wikipedia for that definition.

As you can see the Philippines is the only economy of the seven countries being measured that is not only trending upward, but the trend is accelerating. If we were looking at mid season performance of a sports player being compared to other players in it’s division… we’d be saying the Philippines is in Beast Mode. Check out the YouTube video below and imagine #24 is the Philippines economy right now.