We have built two unique databases. The first database contains information about gross sales, profits, and assets, of the largest 1,000 Philippine firms, for 2018-2021. The main data source is the Securities and Exchange Commission (SEC) database. We have been able to identify all firms. To these series, we add the sector, status as multinational versus local, and status as exporter versus non-exporter. Despite the small number of series, we are able to provide a meaningful portrait of these firms. The analysis indicates that in 2021: (i) 80% of the 1,000 firms earn between PHP2 and PHP16 billion, much less than the largest firms; and 96% of the firms have assets up to PHP 170 billion, much less than the largest firms; (ii) almost onehalf of the largest 1,000 firms are domestic companies, engaged in services, and do not export; (iii) The largest companies in the Philippines in terms of sales are multinational firms, engaged in manufacturing, non-exporters. The smallest are multinational firms, service-oriented, exporters; (iv) the largest companies in the Philippines in terms of assets are domestic, serviceoriented, non-exporters); (v) the most profitable companies in the Philippines are domestic,
service-oriented, non-exporters. Multinational companies, engaged in manufacturing, and exporters, obtain the smallest profit rates.
The second database contains information about the manufacturing sector, disaggregated into 14 subsectors. This database contains sectoral output, exports, employment, wages, and labor productivity. These series were constructed using data from the Philippine Statistics Authority (PSA), UNIDO, OECD, and UN Comtrade. The data indicates that (i) the food subsector is the largest producer while electronics is the largest employer and exporter; (ii) most exporters are multinationals in electronics; and (iii) only one product, monolithic integrated circuits, accounts for 30% of Philippine gross exports.