Population
Population:92,681,453 (July 2008 est.)
Capital: Manila
Nationality: Filipino
Ethnic groups: Tagalog 28.1%, Cebuano 13.1%, Ilocano 9%, Bisaya/Binisaya 7.6%, Hiligaynon Ilonggo 7.5%, Bikol 6%, Waray 3.4%, other 25.3%
Language: Filipino (official; based on Tagalog) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan
Government
Republic.
Economy
Although the general economic condition is the best it's been in three decades, the Philippines continues to face important challenges in order to catch up with regional competitors, improve employment opportunities, and alleviate poverty.
Currency (code): Philippine peso (PHP)
Exchange rates: Philippine pesos per US dollar - 46.148 (2007), 51.246 (2006), 55.086 (2005)
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