Economy of the Philippines - Wikipedia
WEBIn 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
Philippines Overview: Development news, research, data | World Bank
WEBMar 19, 2024 · The Philippines has been one of the most dynamic economies in the East Asia and Pacific region. With increasing urbanization, a growing middle class, and a large and young population, the Philippines’ economic dynamism is rooted in strong consumer demand supported by a vibrant labor market and robust remittances.
The Philippines economy in 2024: Stronger for longer? - McKinsey & Company
WEBMar 7, 2024 · The state of the Philippine economy across seven major sectors and themes. In the article, we explore the 2024 outlook for seven key sectors and themes, what may affect each of them in the coming year, and what could potentially unlock continued growth.
Republic of the Philippines - Philippine Statistics Authority
WEBAmong the major economic sectors, Industry and Services posted year-on-year growths in the second quarter of 2024 with 7.7 percent and 6.8 percent, respectively. Meanwhile, the Agriculture, forestry, and fishing sector posted a year-on-year decline of 2.3 percent.
National Accounts of the Philippines | Philippine Statistics …
WEBAug 8, 2024 · Among the major economic sectors, Industry and Services posted year-on-year growths in the second quarter of 2024 with 7.7 percent and 6.8 percent, respectively. Meanwhile, the Agriculture, forestry, and fishing sector posted a …
National Economic and Development Authority
WEBThe National Economic and Development Authority (NEDA) is the country’s premier socioeconomic planning body, highly regarded as the authority in macroeconomic forecasting and policy analysis and research.
Philippines Economic Updates - World Bank Group
WEBWeighed down by the COVID-19 pandemic, the Philippine economy is forecast to grow at 4.7 percent this year before accelerating to 5.9 percent in 2022 and 6.0 percent in 2023. Local governments have played a crucial role at the front lines of the COVID crisis.
NEDA Annual Report 2021 - National Economic and …
WEBJul 18, 2022 · NEDA Annual Report 2021. Our strong 2021 performance shows that the country is on the correct path to a resilient recovery. Despite the COVID-19 risks, the Philippines was able to safely reopen the economy and restore employment opportunities with the government’s accelerated vaccination program.
WEBThe Philippine economy grew by 7.7 percent year-on-year in the fourth quarter of 2021. On a seasonally adjusted quarter-on-quarter basis, the economy also expanded by 3.1 percent. This growth performance was much faster than most analyst forecasts, making the country’s expansion among the highest in the region.
Highlights of the Philippines Economic Update June 2023: …
WEBJun 14, 2023 · Philippine Economy. Robust domestic demand fueled 6.4 percent growth in the first quarter of 2023, countering weaker global demand. After peaking in early 2023 inflation fell to 6.1 percent in May after the BSP tightened monetary policy, although it remains well above peer countries in ASEAN.
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