CompareGDP Annual Growth Rate by Country News Stream Philippines GDP Growth Slows to 1-Year Low The Philippine GDP expanded by 5.2% year-on-year in the third quarter of 2024, slowing from an upwardly revised 6.4% growth the previous period and coming below market forecasts of 5.7%. This mar...
Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) GDP growth compared to previous year6.12%6.12%-9.52%-9.52%5.72%5.72%7.58%7.58%5.55%5.55%5.75%5.75%6.11%6.11%6.25%6.25%6.32%6.32%6.34%6.34%6.31%6.31%201920202021202220232024*2...
The Philippines is one of the countries with significant economic dynamism, due to its high growth rates being among the top in ASEAN and serving as a key driver of the region's economy.Indeed, even while the outlook for the global economy remains sluggish, the International Monetary Fund (IM...
Southeast Asia with a growth rate of 5.6 percent—just shy of the government's target of 6.0 to 7.0 percent.1Should projections hold, the Philippines is expected to, once again, show significant growth in 2024, demonstrating its resilience despite various global economic pressures (Exhibit 1).2...
Literacy rate:96.3% (2019) Economic summary:GDP/PPP(2020 est.): $871.56 billion; per capita $8,000.Real growth rate:6.04%.Inflation:2.4%.Unemployment:5.11%.Arable land:18.2%.Agriculture:sugarcane, coconuts, rice, corn, bananas, cassavas, pineapples, mangoes; pork, eggs, beef; fish.Labor...
Literacy rate:96.3% (2019) Economic summary:GDP/PPP(2020 est.): $871.56 billion; per capita $8,000.Real growth rate:6.04%.Inflation:2.4%.Unemployment:5.11%.Arable land:18.2%.Agriculture:sugarcane, coconuts, rice, corn, bananas, cassavas, pineapples, mangoes; pork, eggs, beef; fish.Labor...
GDP growth is expected to finish 2007 closer to the upper end of the government's targeted 6.1%-6.7% growth range. Still, it will take a higher, sustained economic growth path to make more appreciable progress in poverty alleviation given the Philippines' annual population growth rate of ...
in the services and industry sectors, with production in most sub-sectors back to their pre-pandemic levels, Balisacan said, adding the economic growth came with more jobs, resulting in "vibrant labor market conditions," with ...
good fit for the Philippines’ electronic manufacturing expertise and natural resources, and its sustainability targets. The country has pledged to cut greenhouse gas emissions by 75% from 2020 to 20301, targeting a 10% increase in the penetration rate of EVs by 2040 to help it ...
Official LanguageFilipino, English GDP, Billion USD2,72,067 GDP Growth Rate, %6.2 Inflation, Avg CP, % Interest Rates, % Unemployement Rate, %6.9 Exchange Rate, 1 USD Equals44.98 International dial code+63 Time ZONEGMT+08:00 Internet TLD.ph...