GDP From Construction in Philippines decreased to 554684.48 PHP Million in the second quarter of 2020 from 625980.07 PHP Million in the first quarter of 2020.
GDP From Construction in Philippines averaged 180491.58 PHP Million from 2008 until 2020, reaching an all time high of 625980.07 PHP Million in the first quarter of 2020 and a record low of 85502.67 PHP Million in the first quarter of 2008. This page provides the latest reported value for - Philippines Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Philippines GDP From Construction - values, historical data and charts - was last updated on August of 2020. source: National Statistics Office of Philippines
GDP From Construction in Philippines is expected to be 274512.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in Philippines to stand at 672929.00 in 12 months time. In the long-term, the Philippines GDP From Construction is projected to trend around 332803.00 PHP Million in 2021 and 354103.00 PHP Million in 2022, according to our econometric models.