The Philippines is the world's 12th most populous country, with an estimated population of about 92 million people. Its national economy is the 47th largest in the world, with an estimated 2008 gross domestic product (GDP nominal) of over US$ 168.6 billion (nominal). It is estimated that there are about 11 million overseas Filipinos worldwide, equivalent to about 11% of the total population of the Philippines.
The Philippines was a former colony of Spain and the United States. Multiple ethnicities and cultures are found throughout the islands. Ecologically, the Philippines is one of the most diverse countries in the world.