Category: economic performance

Economic Performance and Indicators July 2017

Philippines banknotes

ECONOMIC PERFORMANCE AND INDICATORS (As of 5 July 2017) Gross Domestic Product The Philippine economy expanded by 6.4 percent in the first quarter of 2017, down from 6.9 percent the previous year. This figure missed the government forecast of 7%. The services and industry sectors – the major contributors to the economy – both slowed …

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Philippine Economic Indicators December 2016

ECONOMIC PERFORMANCE AND INDICATORS Gross Domestic Product • The Philippine economy expanded by 7.1 percent in the third quarter of the year, the fastest in Asia, higher than the revised second quarter growth of 7 percent. • The country’s latest GDP growth rate is the highest since the second quarter of 2013 (7.6 percent). • …

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Philippine Economic Performance Oct 2015

Gross Domestic Product • For the first half of 2015, the Philippine economy grew by 5.3 percent, with growth rate of 5.0 percent in the first quarter and 5.6 percent in the second quarter. This rate falls short of the original official target for this year, but NEDA officials are optimistic that the economy can …

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