The Philippines is one of the most earthquake-prone countries on Earth, situated along the Pacific Ring of Fire at the junction of the Philippine Sea Plate and the Eurasian Plate. The Philippine Fault Zone — a 1,200 km left-lateral strike-slip fault — runs the entire length of the archipelago and is capable of producing devastating magnitude 7+ earthquakes.
Additionally, the Manila Trench off the western coast of Luzon is a subduction zone capable of generating magnitude 8+ earthquakes and tsunamis. PHIVOLCS (Philippine Institute of Volcanology and Seismology) records thousands of earthquakes annually, with regular damaging events. The 2019 series of earthquakes in Mindanao (M6.4-6.6) killed over 20 people and displaced hundreds of thousands.
Track Philippines seismic activity on our earthquake tracker and see how events affect regional markets on the Catalyst platform.