Life In Philippines

Sitting astride the typhoon belt, most of the islands experience annual torrential rains and thunderstorms from July to October, with around nineteen typhoons entering the Philippine area of responsibility in a typical year and eight or nine making landfall. Annual rainfall measures as much as 5,000 millimeters (200 inches) in the mountainous east coast section but less than 1,000 millimeters (39 inches) in some of the sheltered valleys. The wettest known tropical cyclone to impact the archipelago was the July 1911 cyclone, which dropped over 1,168 millimetres (46.0 in) of rainfall within a 24-hour period in Baguio City. Bagyo is the local term for a tropical cyclone in the Philippines.
Economy
The national economy of the Philippines is the 46th largest in the world, with an estimated 2010 gross domestic product (nominal) of $189 billion. Primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Major trading partners include China, Japan, the United States, Singapore, Hong Kong, Saudi Arabia, South Korea, Thailand, and Malaysia. Its unit of currency is the Philippine peso (₱ or PHP).