Philippines Gdp Growth 2024. The gross domestic product (gdp) in philippines expanded 0.50 percent in the second quarter of 2024 over the previous quarter. In its flagship asian development outlook (ado) released on wednesday, the adb retained its gross domestic product (gdp) growth forecast for its host country.
The credit rater sees philippine gdp averaging 5.9% this year and 6.2% in 2025, the same as the forecasts it gave in november. Philippines gdp growth rate for 2019 was 6.12%, a 0.22% decline from 2018.