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News and Events

GDP Growth Slows to 6.1% in 3rd Qtr, Lowest in Three Years and Below Gov't Target

But Philippines is still one of fastest growing in East Asia

The Philippine economy grew by 6.1 percent year-on-year in the third quarter of 2018, the lowest since 2015, the Philippine Statistics Authority (PSA) announced on November 8, Thursday.The country’s economic performance in the third quarter of the year is slightly below the ...

by Elyssa Christine Lopez and Pauline Macaraeg  | November 08, 2018 11:00:00
News and Events

After 2 Years of Duterte, How Does GDP Growth Compare With Previous Presidents?

After starting out strongly in his term, economic growth seems to be easing in recent quarters

The Philippine economy slowed down to 6.0 percent in the second quarter of 2018, a decline from the 6.6 percent growth recorded in the previous quarter. It is way below the government’s target of 7 to 8 percent, as well as analysts’ ...

by Pauline Macaraeg and Elyssa Christine Lopez  | August 09, 2018 12:00:00
News and Events

PH GDP Growth Drops to 6.0% in Qtr 2, Lowest in 12 Quarters

But it is still the second fastest growing economy in Southeast Asia for the quarter

The country’s gross domestic product (GDP) grew by a flat six percent annually in the second quarter of 2018, the Philippine Statistics Authority announced on August 9, slowing down from the revised 6.6-percent growth rate in the previous quarter.It is the lowest ...

by Elyssa Christine Lopez and Lorenzo Kyle Subido  | August 09, 2018 10:00:00
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