Philippines GDP Annual Growth Rate

Last Release

Dec 31, 2025

Actual

Units In

Frequency

Quarterly

Next Release

May 07, 2026

Time to Release

3 Months 3 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
12 Dec 1988	-17 Jun 2020	3.82 %	1982-2025	National Statistics Office of Philippines

Services are the biggest sector of the Filipino economy and account for 57 percent of total GDP. Within services the most important segments are: trade, repair of motor vehicles and household goods (17 percent of total GDP); real estate, renting and business activities (11 percent); transport, storage and communication (8 percent); financial services (7 percent) and public administration, defense and social security (4 percent). Industry accounts for 31 percent of GDP. Within industry, manufacturing (22 percent of total GDP) and construction (5 percent) are the most important. Agriculture contributes the remaining 12 percent of GDP.

Latest Updates

The Philippines’ GDP grew 3% year-on-year in Q4 2025, below expectations of 3.8% and slowing from 3.9% in the previous quarter. This marked the softest growth since a contraction in Q1 2021, weighed down by fallout from a high-profile infrastructure corruption scandal, a string of devastating typhoons, and trade pressures that affected the Southeast Asian nation. Growth slowed in both government spending (3.7% vs 5.8% in Q3) and household consumption (3.8% vs 4.1%), while fixed investment fell for the first time in over a year (-7.2% vs 0.5%). Meanwhile, net trade contributed positively, as exports climbed 13.2% (vs 7.4%), while imports rose 3.5% (vs 3.2%). On the production side, activity softened in agriculture, forestry, and fishing (1% vs 2.9%) and in services (5.2% vs 5.4%), while industry output contracted (-0.9% vs 0.7%). For the full year 2025, the Philippine economy expanded 4.4%, missing the government’s target of 5.5%–6.5%.