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.

Headwinds coming from the US tariffs and the war in the Middle East prompted the Marcos administration to temper its growth ambition, highlighting the growing challenges for an economy that’s ...

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

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 ...

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 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 ...

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.

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 ...

Zooming in, the downgraded outlook of the IMF for the Philippines could mean that the economy might not hit the government’s current medium-term growth target of 6 to 8 percent.

MANILA : The Philippines has narrowed its economic growth target for 2024 to a range of 6.0 per cent to 6.5 per cent, down from a top end of 7 per cent previously, and revised its outlook through ...