Philippines: Economy | Asian Development Bank

Philippines: Economy

Driven by broad-based expansion in domestic demand, the Philippine economy continued to perform strongly in the first half of 2017.GDP grew by 6.4% year on year in the first half of 2017, moderating from a 7.0% pace in the same period last year but in line with the average 6.3% annual expansion since 2010. The Philippines remains among the fastest growing Southeast Asian economies this year. Read more from Asian Development Outlook 2017 Update

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*2017 and 2018 are forecasts.

Economic forecasts for Southeast Asian countries

The latest available economic data for the Philippines compared to countries in Southeast Asia.

*2017 and 2018 are forecasts.

Asian Development Outlook 2017
Asian Development Outlook 2017 Update