It is a mixed economy. A significant amount of their economy comes from tourism. Their agricultural-based economy is changing to a more manufacturing based. Their main source of economy is food processing.
Some of the major agriculture crops are: rice, sugar, coconuts, abaca, fruits, corn and rubber.
Tourists visit the Philippines for the tropical weather and the scenery, for example Puerto Princesa Subterranean River National Park
The wildlife is also a popular tourist attraction.
Some main industries include,electronics assembly,aerospace, business, food processing, and fishing. In 2019 they exported $70.3 billion.
The New Generation Peso is the name used to refer to Philippine paper bill. This is a new bill issued since 2010 and coins issued since 2018. Like most currency the bills are a series of numbers from lowest to greatest.They range from 20 peso to 1000 peso.
The weather is dependent on the two seasons, the dry season and the wet season. The dry seasons last from November till May. While the wet season lasts from June till November. Its hot all year round because it is on the equator. The 5 climate zones within the islands are tropical monsoon ,tropical rain forest,tropical savanna,humid subtropical also oceanic.