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 ...

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 ...

The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries in ...

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 Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product ...

The Philippines is expected to remain the fastest-growing economy in the Association of Southeast Asian Nations region this ...

Philippines economic growth beats forecasts in 2023. 31-Jan-2024, 13:30. 31 Jan 2024, 13:30. AFP. Share. The 5.6% expansion reflects market resilience amid rising borrowing costs and overseas ...

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) $% ...

The Philippine economy experienced significant growth in 2022, surpassing the government’s target range of 6.5-7.5%. The economy grew by 7.6% in 2022, rebounding from the pandemic-induced recession in ...

MANILA -- The Philippines has downgraded its 2024 economic growth expectations after devastating typhoons hit the country's core agricultural sector i Country now expects 6%-8% growth in 2025 as ...

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 ...

Philippines Economy Grows 6.3% in Q2 Despite 'Anaemic' Consumer Spending. By Reuters | Aug. 7, 2024. ... slower than the previous quarter's 1.3% growth and below the 0.9% forecast in a Reuters poll.