25, Jul 2021, EDT.
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Economic Indicator: Disputes, Refugees, Human Trafficking and Illicit Drug Production
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Detailed Analysis for Year: 2015
Full Dataset: from 1993 to 2014
Dataset updated: 17th March 2015
Data Source: CIA Factbook
National or Regional Currency: Philippines Peso
Currency Symbol: PHP
Disputes - International: Philippines claims sovereignty over Scarborough Reef (also claimed by China together with Taiwan) and over certain of the Spratly Islands, known locally as the Kalayaan (Freedom) Islands, also claimed by China, Malaysia, Taiwan, and Vietnam; the 2002 "Declaration on the Conduct of Parties in the South China Sea," has eased tensions in the Spratly Islands but falls short of a legally binding "code of conduct" desired by several of the disputants; in March 2005, the national oil companies of China, the Philippines, and Vietnam signed a joint accord to conduct marine seismic activities in the Spratly Islands; Philippines retains a dormant claim to Malaysia's Sabah State in northern Borneo based on the Sultanate of Sulu's granting the Philippines Government power of attorney to pursue a sovereignty claim on his behalf; maritime delimitation negotiations continue with Palau
Refugees And Internally Displaced Persons: IDPs: at least 133,000 displaced by conflict and at least 7 million displaced by natural disasters (government troops fighting the Moro Islamic Liberation Front, the Abu Sayyaf Group, and the New People's Army; clan feuds; natural disasters including typhoon Bopha (December 2012), the Bohol earthquake (October 2013), and typhoon Haiyan (November 2013)) (2014) ; stateless persons: at least 115,772 (2014)
Trafficking In Persons: -
Illicit Drugs: domestic methamphetamine production has been a growing problem in recent years despite government crackdowns; major consumer of amphetamines; longstanding marijuana producer mainly in rural areas where Manila's control is limited