Analysis by Region - Emerging Markets - Philippines

Analysis by Region - Emerging Markets - Philippines



We expect the Philippines' GDP will grow by 6% in 2025, following an estimated 5.8% expansion in 2024. Due to concerns about the job market and income outlook, the growth of private consumption is expected to improve only gradually from this year's relatively weak performance.


Philippines: Effects of Trump's win will be limited in the near term
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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