Internet users for the Philippines
ITNETUSERP2PHL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.80
Year-over-Year Change
188.97%
Date Range
1/1/1990 - 1/1/2023
Summary
The 'Internet users for the Philippines' trend measures the percentage of the Philippine population that uses the internet. This metric is important for economists and policymakers to understand digital adoption and infrastructure development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator represents the share of the Philippine population that has accessed the internet within a given time period, typically the last 3 months. It is a key measure of digital inclusion and technological progress in the country.
Methodology
The data is collected through nationally representative household surveys conducted by the Philippine Statistics Authority.
Historical Context
Policymakers use this metric to inform strategies for expanding internet access and digital literacy across the Philippines.
Key Facts
- The internet user rate in the Philippines was 67% as of 2021.
- Internet usage has grown rapidly in the Philippines over the past decade.
- Expanding internet access is a key policy priority for the Philippine government.
FAQs
Q: What does this economic trend measure?
A: The 'Internet users for the Philippines' metric tracks the percentage of the Philippine population that uses the internet, a key indicator of digital adoption.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding technological progress, digital inclusion, and infrastructure development in the Philippines.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Philippine Statistics Authority.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform strategies for expanding internet access and digital literacy across the Philippines.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture rapid changes in internet usage.
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Citation
U.S. Federal Reserve, Internet users for the Philippines (ITNETUSERP2PHL), retrieved from FRED.