S&P Global Ratings has raised its economic growth forecast for the Philippines this year, citing reduced global trade uncertainty following the easing of US-China tariffs, as well as benign inflation ...

Philippines Economic Outlook. Despite the impact of the COVID-19 Delta wave in the second half of 2021, GDP growth for calendar 2021 rebounded to 5.6% y/y.

The Philippines lowered its growth target for this year and narrowed its growth goals for 2026 to 2028 to reflect global ...

The Philippine economy is forecast to accelerate to 5.8% growth in 2024 from 5.5% last year and to 5.9% in 2025. Growth is expected to be driven by strong household consumption, sustained strength in ...

The Philippine economy is poised for significant progress in 2025, propelled by a combination of its business-friendly policy reforms and its inherent strengths.

The headwinds still take their toll, however. The World Bank had reduced its growth forecast for the Philippines to 5.6% in October from the 6% projection it gave in June. It also trimmed its growth ...

Gross domestic product (GDP) will expand by 5.9% in 2024, slightly less than an earlier 6.0% outlook, after bad weather in the third quarter, the bank said in its Philippines Economic Update.

The Philippine economy remains strong, poised for continued growth above 5 percent despite global headwinds. This isn’t mere optimism; it’s a testament to the government’s commitment to infrastructure ...

THE Philippines has narrowed its economic growth target for 2024 to a range of 6 to 6.5 per cent, down from a top end of 7 per cent previously, and revised its outlook through 2028 amid domestic and ...

By Luisa Maria Jacinta C. Jocson, Reporter . THE Philippines is likely to continue its stable growth trajectory in the medium term, although in f lation and elevated interest rates remain major risks ...

The Philippines Retail Market value was US$ $$ billion in 2022. The Philippines Retail Market value is forecast to reach US$ $$ billion by 2032, growing at a compound annual growth rate (CAGR) $% ...