Gross domestic product (GDP) growth rate in the Philippines 2027
The growth of the real gross domestic product of the Philippines was forecast to decrease between 2022 and 2027 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2024 and 2027. The growth is estimated to amount to 5.98 percent in 2027.
As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at current prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product in countries like Vietnam, Laos and Malaysia.
As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at current prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product in countries like Vietnam, Laos and Malaysia.
