The Philippine economy grew by 4.4% in 2025, well below the government’s 5.5% to 6.5% target and slower than the 5.6% expansion in the previous year. This also marked the softest growth since 2011, weighed down by a contraction in public construction after flood control irregularities, as well as tapering government spending, a reduced front-loading boost to exports, and declining consumer confidence. source: Philippine Statistics Authority
Full Year GDP Growth in Philippines averaged 4.96 percent from 2001 until 2025, reaching an all time high of 7.60 percent in 2022 and a record low of -9.50 percent in 2020. This page includes a chart with historical data for Philippines Full Year GDP Growth. Philippines Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Full Year GDP Growth in Philippines is expected to reach 5.50 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Full Year GDP Growth is projected to trend around 5.90 percent in 2027 and 5.60 percent in 2028, according to our econometric models.