SONA 2014 in tables and graphs

The P-Noy administration is now on his fourth year.  We would like to show you in tables and graphs how the economy has performed under P-Noy for the past year and since he took over in 2010. 

The PSE index was below 3,400 when President Aquino took over in June 2010.  It has since increased by 104.8 percent as of last week.  This is equivalent to a 19.25 percent compounded annual growth rate (CAGR). 

PSE index (since P-Noy presidency to present)

Source: Bloomberg

The PSE Index is the no. 1 equities market since PNoy took over in June 2010.  

Stock Market Performance (since PNoy presidency to present)

Source: Wealth Securities Research

Meanwhile, the Philippine peso has remained relatively stable against the US dollar, gaining by only 6.6 percent since PNoy took over and relatively flat the past year. 

US dollar-Philippine peso exchange rate (since P-Noy presidency to present)

Source: Bloomberg

The Philippine economy grew 7.2 percent in full-year 2013, after gaining 6.8 percent in 2012.  Under PNoy, the Philippine economy posted its strongest two years of GDP growth since the 1950s.  Also, the Philippines was the 2nd fastest growing economy in Asia, next to China, in 2013.

Philippine GDP annual growth rate

Source: Tradingeconomics.com

The yield on the 10-year Philippine government bond has dropped from nearly 8 percent down to 4.2 percent since P-Noy took over in 2010.

Philippine government bond 10yr yield

Source: Tradingeconomics.com

Meanwhile, inflation rate has ranged from 2.1 percent to5.2 percent.  Last month’s figure of 4.4 percent is slightly above the average.

Inflation rate (%)

Source: Tradingeconomics.com

Unemployment rate as of April 2014 is at seven percent which is about the average rate since P-Noy took over.

Unemployment rate (%)

Source: Tradingeconomics.com

Beyond political noise

Beyond the political noise because of DAP issue, we have shown you through the tables and charts above how P-Noy has performed based on the stock market, the peso, and other economic numbers. 

For further stock market research and to view our previous articles, please visit our online trading platform at www.wealthsec.com or call 634-5038.  Our archived articles can also be viewed at www.philequity.net.