△the Philippines. The Asian Development Bank (ADB) maintained its gross domestic product (GDP) growth forecast for the Philippines at 6 percent for this year and 6.2 percent for 2024, according to an updated ADB report re...
The Philippines GDP expanded 6.3% year-on-year in the second quarter of 2024, accelerating from an upwardly revised 5.8% growth in the previous period and beating market forecasts of 6.2%. It marked the fastest economic expansion since the first quarter of 2023, driven by a sharp increase in...
△The Philippines. The Philippine economy expanded by 7.6 percent in 2022 after logging 7.2 percent in the fourth quarter, the fastest among the emerging economies in the ASEAN region, the Philippine Statistics Authority (PSA) sai...
The growth of the real gross domestic product (GDP) in the Philippines was forecast to increase between 2024 and 2029 by in total 0.6 percentage points. This overall increase does not happen continuously, notably not in 2029. The growth is estimated to amount to 6.31 percent in 2029. As de...
"We have surpassed the pre-pandemic GDP level. Growth in the first quarter exceeded the median analysts' forecast of 7 percent, making the Philippines the fastest growing economy in the East Asian region for the period," he added. "Our strong economic performance moves us closer to achieving ...
PhilStar.comreported earlier this year that the Philippines will experience an economic growth spurt within the next decade. In 2033, the GDP will reach USD1 trillion, which can be attributed to the rapid growth in private consumption spending, buoyed by strong growth in household incomes. ...
Philippines recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2022. This page provides - Philippines Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and n
The table below shows annual GDP growth rates for each country. Data are presented in percentage (%).
26 (Xinhua) -- The Philippines has revised the third quarter of 2021 gross domestic products (GDP) growth rate to 6.9 percent from a preliminary estimate of 7.1 percent, the Philippine Statistics Authority (PSA) said on Wednesday. The PSA said the major contributors to the downward revision ...
Gross Domestic Product Growth (GDPG) is one of the driving factors of economic development. The study aims to create an econometric model for the determinants of GDP growth in the Philippine setting. It also tackles a new approach while giving insights into how the selected ...