Manufacturing production in the Philippines surged 14.7% year-on-year in April 2026, following an upwardly revised 13.1% increase in March. This was the fastest pace of growth since March 2022, largely driven by a sharp rise in the manufacture of coke and refined petroleum products (60.8% vs 4.6% in March), which accounted for 82.0% of the overall increase. Growth also strengthened in the manufacture of food products (9.7% vs 8.5%), transport equipment (11.8% vs 9.6%), and electrical equipment (10.1% vs 5.5%). Meanwhile, production rose at a slower pace for computer, electronic and optical products (19.0% vs 23.9%) and basic metals (29.1% vs 43.6%). On a seasonally adjusted monthly basis, manufacturing output went up 4.3%, after an upwardly revised 3.8% gain in the previous month. For the first four months of the year, output was 8.8% higher than in the same period last year. source: Philippine Statistics Authority

Industrial Production in Philippines increased 14.70 percent in April of 2026 over the same month in the previous year. Industrial Production in Philippines averaged 10.93 percent from 1986 until 2026, reaching an all time high of 531.30 percent in August of 2021 and a record low of -83.10 percent in August of 2020. This page provides - Philippines Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Industrial Production in Philippines increased 14.70 percent in April of 2026 over the same month in the previous year. Industrial Production in Philippines is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Manufacturing Production is projected to trend around 6.50 percent in 2027 and 6.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-06 01:00 AM
Industrial Production YoY
Mar 10.5% 4.5% 2.5%
2026-06-05 01:00 AM
Industrial Production YoY
Apr 14.7% 13.1% 12.0%
2026-07-07 01:00 AM
Industrial Production YoY
May 14.7%


Related Last Previous Unit Reference
Business Confidence -35.80 -24.30 points Apr 2026
Capacity Utilization 78.40 78.60 percent Apr 2026
Changes in Inventories -6515.00 -23403.00 PHP Million Mar 2026
Corruption Index 32.00 33.00 Points Dec 2025
Corruption Rank 120.00 114.00 Dec 2025
Industrial Production YoY 14.70 13.10 percent Apr 2026
Total Vehicle Sales 5578.00 6926.00 Units Apr 2026


Philippines Manufacturing Production
In Philippines, Industrial Production is measured by the Value of Production Index (VaPI) of the manufacturing industry.
Actual Previous Highest Lowest Dates Unit Frequency
14.70 13.10 531.30 -83.10 1986 - 2026 percent Monthly

News Stream
Philippines Industrial Output Rises the Most Since 2022
Manufacturing production in the Philippines surged 14.7% year-on-year in April 2026, following an upwardly revised 13.1% increase in March. This was the fastest pace of growth since March 2022, largely driven by a sharp rise in the manufacture of coke and refined petroleum products (60.8% vs 4.6% in March), which accounted for 82.0% of the overall increase. Growth also strengthened in the manufacture of food products (9.7% vs 8.5%), transport equipment (11.8% vs 9.6%), and electrical equipment (10.1% vs 5.5%). Meanwhile, production rose at a slower pace for computer, electronic and optical products (19.0% vs 23.9%) and basic metals (29.1% vs 43.6%). On a seasonally adjusted monthly basis, manufacturing output went up 4.3%, after an upwardly revised 3.8% gain in the previous month. For the first four months of the year, output was 8.8% higher than in the same period last year.
2026-06-05
Philippines Industrial Output Strongest Since 2023
Manufacturing production in the Philippines climbed 10.5% year-on-year in March 2026, accelerating from a downwardly revised 4.5% gain in the previous month. This marked the strongest annual growth since January 2023, driven largely by a rebound in the manufacture of coke and refined petroleum products (4% vs -16.6% in February), which contributed 41.1% to the overall increase. Other key contributors included the manufacture of computer, electronic and optical products (20.8% vs 15.2%), basic metals (42% vs 32.3%), and transport equipment (7.4% vs 2.2%). In contrast, output growth moderated in the manufacture of food products (3% vs 3.5%), other non-metallic mineral products (4.4% vs 5.1%), tobacco products (3.2% vs 11.1%), and leather and related products, including footwear (13% vs 18.3%). On a seasonally adjusted monthly basis, industrial output rose 1.9%, rebounding from a 0.3% fall in February. For the first quarter of the year, industrial output expanded 5.5%.
2026-05-06
Philippines Industrial Output Growth at 19-Month High
Manufacturing production in the Philippines grew by 4.6% year-on-year in February 2026, accelerating from a downwardly revised 2.6% rise in the previous month. This marked the fastest growth since July 2024, driven mainly by stronger output for basic metals (21.8% vs -4% in January), which contributed 54.2% to the annual growth of the overall manufacturing sector. Activity also remained strong in the manufacture of furniture (29% vs 19.9%), while it increased for computer, electronic and optical products (20% vs 22.6%), and leather and related products including footwear (17.2% vs 11.4%). Conversely, production growth softened notably for transport equipment (0.7% vs 1.5%), and rubber and plastic products (2.6% vs 9.8%), while output declined sharply for basic pharmaceutical products and preparations (-39.8% vs -12.3%). On a seasonally adjusted monthly basis, industrial output fell 0.3% in February, following a 2.7% gain in January.
2026-04-07