Philippine gross domestic product - updates

Rappler's latest stories on Philippine gross domestic product


[ANALYSIS] Why did Philippine growth drop to an 8-year low?

Jan 31, 2020 - 11:56 AM

Why is there disappointing growth, given the country's potential? Let's talk about lower investments and the weakening of industry.

[ANALYSIS] 2020s: Can we sustain the stellar growth of the 2010s?

Jan 03, 2020 - 11:14 AM

There’s a lot to be thankful for in the 2010s when more Filipinos became more prosperous and healthy, so much so that the 2010s might be considered our economy’s true 'golden age.'

Global slowdown spoils Duterte's 8% GDP growth dream

Dec 11, 2019 - 6:05 PM

President Rodrigo Duterte's economic team lowers the Philippines' growth target to the 6.5% to 7.5% range for 2020 to 2022

Philippine economy slows down to 6.1% in Q3 2018

Nov 08, 2018 - 10:03 AM

(UPDATED) This is lower than the revised 2nd quarter figure of 6.2%

Inflation up, GDP down: Economic managers revise PH outlook

Oct 16, 2018 - 3:30 PM

Finance Secretary Carlos Dominguez III says they revised the economic outlook to reflect the 'very different world' we are living in now

Philippine economy slows down to 6% in Q2 2018

Aug 09, 2018 - 10:06 AM

(3rd UPDATE) The gross domestic product for the 2nd quarter of 2018 falls short of market expectations

Philippines revises Q1 2018 GDP down to 6.6%

Aug 08, 2018 - 9:20 PM

'Major contributors to the downward revision were other services, manufacturing, and agriculture and forestry,' says the Philippine Statistics Authority

Taguig City

Philippines ready to face potential shocks in 2018 – BSP

Jan 04, 2018 - 8:15 PM

The country's central bank says the Philippine economy can withstand any volatility in the global financial markets

Philippine GDP growth in Q2 2017 raised to 6.7%

Nov 15, 2017 - 8:55 PM

The top 3 contributors to the upward revision are financial intermediation; construction; and real estate, renting, and business activities

ADB retains PH growth outlook, sees no signs of economy overheating

Sep 26, 2017 - 8:15 PM

The Asian Development Bank retains its forecast of 6.5% GDP growth for 2017 and 6.7% for 2018, while noting that infrastructure investment and receding inflation will fuel the economy

Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results

Aug 21, 2017 - 6:10 PM

The global financial services giant now expects the Philippines gross domestic product to grow faster at 6 1 instead of 6 this year

STRONGER. The upgrade is a result of a better-than-expected 2nd quarter 2017 results. Rappler file photo

Gov't spending, agriculture lift Philippine GDP in Q2 2017

Aug 17, 2017 - 8:50 PM

Spending on infrastructure is a bright spot for the economy in the 2nd quarter of 2017 but in a role reversal it s now the private sector and not the government that is lagging

Malacañan Photo

Uber and LTFRB, Human Rights Watch, Alejano | Evening wRap

Aug 17, 2017 - 7:36 PM

Watch the evening newscast with Marguerite de Leon

Philippine GDP grows faster by 6.5% in Q2 2017

Aug 17, 2017 - 10:10 AM

3rd UPDATE The 6 5 growth in GDP places the Philippines ahead of ASEAN nations that have released their 2nd quarter figures but it is still behind China

NEDA expects Philippine economy to grow faster in Q2

Jun 12, 2017 - 6:55 PM

Socioeconomic Planning Secretary Ernesto Pernia says the Marawi siege and the Resorts World Manila attack will not have lasting impact on tourism and the economy as a whole

HIGHER GROWTH. 'I think it will approach 7%. If you look at leading indicators, the second quarter I think will be better (than the first quarter),' Socioeconomic Planning Secretary Ernesto Pernia says. Malacañang file photo  Malacañang file photo

PH economy grows slower by 6.4% in Q1

May 18, 2017 - 10:18 AM

UPDATED Aquino and Duterte have something in common: slow pace of public infrastructure spending

World Bank optimistic about PH economy until 2018

Oct 04, 2016 - 8:15 PM

Although the near term outlook is highly positive the World Bank says the Philippines also faces medium term risks

POSITIVE. World Bank retains its Philippine economic growth forecast this year at 6.4%, noting the macroeconomic policies of the new administration

PH GDP grows 6.9% Q1 2016

May 19, 2016 - 10:05 AM

3rd UPDATE This makes the Philippines the fastest growing economy in the region ahead of regional giant China

Philippine GDP grows 6.3% in Q4 2015

Jan 28, 2016 - 10:13 AM

UPDATED For the entire year the country s GDP grew an average of 5 8 the Philippine Statistics Authority says

PH warned China meltdown more worrisome than Greek crisis

Jul 09, 2015 - 5:21 PM

Should China s market fall accelerate other countries outside Asia will be hit economists warn

TAILSPIN. Worries over China's unstoppable sell-off sends the Philippines' financial markets into a tailspin. Image from Shutterstock

PH economy picks up steam in 2nd quarter

Aug 28, 2014 - 10:06 AM

Philippine growth accelerates to 6 4 from the revised 5 6 in the first quarter of the year

Philippine growth slows to 5.7% in Q1

May 29, 2014 - 10:07 AM

2nd UPDATE The country is still feeling the lingering effects of disasters that hit last year

ADB: PH to grow below 2014, 2015 targets

Apr 01, 2014 - 1:56 PM

The lender says growth will be tempered by rising inflation and interest rates

Aquino gov't boosts infra spending for inclusive growth

Feb 13, 2014 - 6:40 PM

Economic services take up more than a quarter of the 2014 national budget

BETTER INFRA. The Aquino government is pouring more funds into economic services this year in line with its target to achieve sustainable growth. PHOTO BY ROLEX DELA PENA/EPA

Gov't: PH grew 6.9% in Q3, not 7%

Jan 29, 2014 - 6:14 PM

Third quarter 2013 GDP data were revised ahead of the announcement of economic data for the succeeding quarter

PH to grow above 6% until 2015 –UN report

Jan 21, 2014 - 12:28 PM

Reconstruction efforts in typhoon stricken areas will help spur growth

STAYING STRONG. UN releases a report projecting robust growth for the Philippines until 2015

PH sees high growth despite typhoon

Dec 17, 2013 - 5:04 PM

While losses in agriculture caused by Super Typhoon Yolanda Haiyan are expected to hit growth in the near term rebuilding will likely make up for it further down the line

Philippine Q3 GDP growth is slower than the growth rates recorded in Q1 and Q2

Haiyan to cap PH 2013 growth at 7%

Nov 28, 2013 - 2:09 PM

Damage from the November 8 typhoon will cut GDP growth in October December period by 0 3 to 0 8 percentage points says the socioeconomic planning chief

Philippine Q3 GDP growth is slower than the growth rates recorded in Q1 and Q2

PH growth slows to 7% in Q3

Nov 28, 2013 - 10:01 AM

This brings average growth for the first 9 months of 2013 to 7 4 still above the government s full year target of 6 to 7

PH Q2 growth revised up to 7.6%

Nov 27, 2013 - 6:53 PM

This means the Philippines grew faster than regional powerhouse China

PH Q3 growth slowed – Moody's

Nov 25, 2013 - 11:54 AM

A Moody s Analytics preview says Q3 GDP growth slowed down on account of lower government spending

SLOWER GROWTH? Moody's Analytics forecasts Philippine GDP growth of 7% for the third quarter, slightly lower than previous quarters.

Yolanda losses may reach $15B – report

Nov 13, 2013 - 6:16 AM

The amount is equivalent to 5 of the Philippines gross domestic product

SWALLOWED: Typhoon Yolanda left the Tacloban City airport in ruins. Photo from the Philippine Air Force

PH has long way to go towards growth – US

Sep 27, 2013 - 1:46 PM

The Philippines still has a lot of catching up to make economic growth felt and enjoyed by the rest of the country’s population says a USAID mission director

KAPIHAN SA EMBAHADA. From right: US Ambassador Harry K. Thomas Jr, USAID mission chief Gloria Steele and Robert Strang of the US Department of Justice. Photo by Edwin Espejo

PH on poverty reduction: 'Be patient'

Sep 17, 2013 - 9:43 PM

BIR chief Kim Henares says it will take a long time before the country s high economic growth can trickle down to the poor

BSP: PH to weather emerging market turmoil

Sep 02, 2013 - 7:45 AM

The anticipated unwinding of the US Federal Reserve s stimulus program as well as the slowdown of the global economy are threats to economic stability but the Philippines should be able to weather the uncertainties

Who felt PH's 7.8% GDP surprise?

May 30, 2013 - 10:21 PM

Something is changing in the Philippine economy and those who still have doubts must take notice

PH surprises with 7.8% growth in Q1

May 30, 2013 - 9:58 AM

The figure beats economists forecasts and the government s target It is the fastest in East and Southeast Asia and the highest seen under the Aquino administration

PH growth to slow to 5.5% amid strong peso - analyst

May 23, 2013 - 5:36 PM

Goldman Sachs expects the peso to strengthen further to P37 5 to the dollar in the next 12 months

SLOWER GROWTH. Goldman Sachs ASEAN economist Mark Tan says the country's economic growth will only be slightly above 5% in 2013 and 2014. Photo by Lean Santos/Rappler

2012: The 'best' year for PH economy

Jan 01, 2013 - 7:00 PM

2012 was a banner year for the Philippine economy the best year for the country in a long time says President Aquino

PH economy to grow 5.5%-6% in 2012 - think tank

Sep 13, 2012 - 10:30 AM

The 6 growth is the high end of the government s gross domestic product growth target this year

Philippine economy grows 5.9% in Q2

Aug 30, 2012 - 10:08 AM

The country maintains its strong position as one of the fastest growing economies in Asia

This general view shows the Makati financial district of Manila on January 19, 2010. AFP PHOTO/NOEL CELIS