Gdp From Services in Philippines decreased to 1301961 PHP Million in the first quarter of 2019 from 1404628 PHP Million in the fourth quarter of 2018. Gdp From Services in Philippines averaged 961387.92 PHP Million from 2008 until 2018, reaching an all time high of 1378389 PHP Million in the second quarter of 2018 and a record low of 675416.60 PHP Million in the first quarter of 2008.
Gdp From Services in Philippines is expected to be 1271232.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gdp From Services in Philippines to stand at 1381313.00 in 12 months time. In the long-term, the Philippines Gdp From Services is projected to trend around 1546623.00 PHP Million in 2020, according to our econometric models.