November 24, 2025
The Philippine’s GDP growth is projected at 5.2 percent in 2025 and 5.3 percent in 2026. Inflation is projected at 1.7 percent in 2025, rising to 3.2 percent in 2026.
December 2, 2024
In the first three quarters of 2024, the Philippine economy grew steadily at 5.8 percent, bolstered by a recovery in public consumption and construction investment, as well as export recovery.
November 27, 2023
The Philippines’ economic recovery is expected to remain robust amid high inflation and weaker external demand.
July 20, 2022
The Philippine economic recovery from the COVID-19 pandemic continues to gain traction. AMRO forecasts the GDP to grow strongly by 6.9 percent in 2022 and moderate to 6.5 percent in 2023.
June 29, 2021
The Philippine economy is recovering from its deepest ever recession in 2020, but growth forecasts could be lowered due to the resurgence of COVID-19 infections in early 2021.
February 25, 2020
The Philippine economy slowed markedly in the first half of 2019 and has rebounded since Q3 2019, reflecting the swing in government spending.
February 18, 2019
Since AMRO’s last annual consultation report, the Philippine economy has been facing strong headwinds.
March 16, 2018
The 2017 Annual Consultation Report on the Philippines provides an assessment of the state of the Philippine economy in 2017, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendation.
May 12, 2017
The 2016 Annual Consultation Report on the Philippines provides an assessment of the state of the Philippines economy in 2016, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendation. This report also includes topical issues on monetary policy and operation, labor market, and tax reform.
