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2023 Statistical Indicators on Philippine Development

Release Date:

The Statistical Indicators on Philippine Development (StatDev) is an instrument formulated and maintained by the Philippine Statistics Authority (PSA) as a means by which economic progress and social change can be monitored and measured more effectively.  It aims to serve as an early warning measure by showing the likelihood of achieving the economic and social development goals set forth in the Philippine Development Plan (PDP), including the midterm updates. Thus, the StatDev framework is necessarily congruent with the current PDP and is revised each time a new plan is formulated.

Updates are collected annually and released every July. The reference periods of the data vary depending on the latest available data from the source agencies. StatDev results are released on the PSA website along with technical notes and infographics.

StatDev 2023 features the overall performance across the 374 indicators across 14 sectoral chapters covered and publicly available in the PDP 2023-2028 Results Matrices, with 83.4 percent of the indicators with 2023 data.

The summary of StatDev 2023 indicators by sector and likelihood of achieving the end-of-plan (EOP) target are reflected in the table and chart below.    

 

Table 1.  Summary of StatDev 2023 Indicators by Indicator Performance by Sector

Sector

No. of Indicators

by Likelihood of Achieving the EOP Target

Total

High

Medium

Low

Human and Social Development3343572
Social Protection1221529
Employment94518
Agriculture and Agribusiness1213548
Industry711321
Services5005
Science and Technology2002
Trade and Investment3047
Competition52310
Macroeconomy1611532
Infrastructure2041943
Peace, Security, and Justice1731434
Governance1231429
Environment661224

Total

15931184374

 

Figure 1. Distribution of StatDev 2023 Indicators by Indicator Performance by Sector

Note: Details may not add up to 100.0 percent due to rounding.