IT-BPM industry revenue Philippines 2016-2022

Published by Statista Research Department, Sep 7, 2022
The IT-BPM industry in the Philippines generated an estimated revenue amounting to 26.2 billion U.S. dollars in 2020, reflecting a decrease of 0.5 percent from the previous year. The decrease in revenue can be attributed to the disruptions in operations as a result of the global coronavirus (COVID-19) pandemic. The industry was forecast to recover in the next two years, with revenues reaching approximately 29.1 billion in 2022.

Revenue of the IT-BPM industry in the Philippines from 2016 to 2020, with forecasts until 2022 (in billion U.S. dollars)

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Release date

January 2021

Region

Philippines

Survey time period

2016 to 2020

Supplementary notes

*Estimated value.
**Forecast figures.

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