The e-commerce sector in the Philippines had been boosting the growth of the digital economy in recent years. With a gross merchandise value of roughly 15 billion U.S. dollars in 2022, continued online shopping preference will drive growth to as much as 60 billion U.S. dollars in 2030. Meanwhile, online travel reflected sluggish growth between 2019 and 2021 due to the impact of the COVID-19 pandemic.
Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars)
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Other statistics that may interest you Internet usage in the Asia-Pacific region
Overview
7
- Basic Statistic Internet penetration rate worldwide 2024, by region
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Internet subscriptions
6
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Internet speed
4
Social media
5
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E-commerce
5
- Premium Statistic Number of users of e-commerce in Asia 2020-2029
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Digital media
4
- Premium Statistic Internet users who made monthly digital content purchases APAC 2022, by country
- Premium Statistic Average views per video of YouTube channels Asia 2021, by category
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Consumer behavior
4
- Premium Statistic Daily time spent using internet APAC Q3 2023, by country
- Premium Statistic Average time spent daily using mobile internet APAC 2023, by country
- Premium Statistic Daily time spent spent using social media APAC Q1 2023, by country
- Premium Statistic Leading concerns of consumers regarding their personal data APAC 2022
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10
- Mobile internet use via laptops in Great Britain 2019, by demographic
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Google, & Temasek Holdings. (November 1, 2023). Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 15, 2024, from https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/
Google, und Temasek Holdings. "Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars)." Chart. November 1, 2023. Statista. Accessed June 15, 2024. https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/
Google, Temasek Holdings. (2023). Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 15, 2024. https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/
Google, and Temasek Holdings. "Gross Merchandise Value of The Digital Economy in The Philippines from 2019 to 2022, with a Forecast for 2023, 2025, and 2030, by Sector (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/
Google & Temasek Holdings, Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/ (last visited June 15, 2024)
Gross merchandise value of the digital economy in the Philippines from 2019 to 2022, with a forecast for 2023, 2025, and 2030, by sector (in billion U.S. dollars) [Graph], Google, & Temasek Holdings, November 1, 2023. [Online]. Available: https://www.statista.com/statistics/1225744/philippines-online-sector-gross-merchandise-value-by-sector/