Photo: Consulate-General of the Republic of the Philippines in Osaka
Republic of the Philippines :Government and Economy

System of government

Constitutional republic

Parliaments

Bicameral congress of House of Representatives (lower house) and Senate (upper house)

Trade balance

Exports 58.65 billion USD (2015)
Imports 66.69 billion USD (2015)

Main exports/imports

Main exports: Electronic and electric equipment (mostly semiconductors), transportation equipment, etc.

Main imports: Raw materials and intermediate goods (mainly semi-processed products such as chemicals), capital goods (mainly communication equipment, electronic equipment, etc.), fuel (crude oil etc.), consumer goods


Number of foreign visitors

5,360,682 (2015)

Administrative divisions

80 provinces, 1 national capital region

Political system


The 1987 Constitution of the Philippines, as in past constitutions, vested the power of government on the legislative, the executive, and the judiciary.
The Legislative Power is vested in the Congress of the Philippines which shall consist of a Senate and a House of Representatives, except to the extent reserved to the people by the provision on initiative and referendum. The Executive Power is vested in the President of the Philippines, and; The Judicial Power is vested in one Supreme Court and in such lower courts as may be established by law.


Source: Official website of Ministry of Foreign Affairs of Japan; “Statistical Figures in 2016” Philippine Statistics Authority, Official website of the House of Representatives of the Philippines

 
(As of May, 2017)