The growth of the real gross domestic product (GDP) in the Philippines was forecast to increase between 2024 and 2029 by in total 0.6 percentage points. This overall increase does not happen continuously, notably not in 2029. The growth is estimated to amount to 6.31 percent in 2029. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant 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 (GDP) in countries like Vietnam, Laos, and Malaysia.
Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029
(compared to the previous year)
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IMF. (October 22, 2024). Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/
IMF. "Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/
IMF. (2024). Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/
IMF. "Philippines: Growth Rate of The Real Gross Domestic Product (Gdp) from 2019 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/
IMF, Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/ (last visited October 31, 2024)
Philippines: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/578705/gross-domestic-product-gdp-growth-rate-in-philippines/