More articles about: GDP

The Philippine economy is seen to be picking up pace in the next two years. Figures from the latest World Economic Outlook report by the International Monetary Fund (IMF) showed the Philippines' gross domestic product (GDP) could hit up to more than ...

Let's admit it. We tend to splurge on ourselves when times get tough. Some like to call it retail therapy, while others may just be looking for a way to motivate themselves to keep going. This explains why there was a ...

The World Economic Forum (WEF) is optimistic that the country could be a $2-trillion-dollar economy in the next 10 years-reaching the same level as mainland China, Japan, India, South Korea, Australia, Taiwan, and Indonesia. That's on the condition, ...

The Philippines is in the list of the top 20 countries projected to have the fastest-growing economies in 2024. Data from the World Economic Outlook report by the International Monetary Fund, published last October 23, said the Philippines is number 19 ...

President-elect Ferdinand "Bongbong" Marcos Jr. and his economic managers hope to lower the country's debt-to-gross domestic product (G.D.P.) ratio to three percent by the end of the president's term. How will they do it?In ...

The Philippine Statistics Authority announced that the Gross Domestic Product in the second quarter of 2021 grew 11.8 percent year-on-year, the highest growth in 24 years.The huge jump in GDP growth prompted many economists to declare that the ...

The Philippine economy shrank a record 9.5 percent last year, official data showed Thursday, after coronavirus measures devastated the retail and tourism sectors while a series of natural disasters wrecked crops. But Acting Socioeconomic Planning Secretary Karl Kendrick Chua said the ...

The Philippine government's outstanding debt is now at a cool P8.6 trillion as of April 2020, up by 10.4 percent from the P7.8 trillion during the same period last year. According to Businesmirror, latest data from the Bureau ...

The Philippines is likely to experience much slower economic growth this year and could possibly even hit negative territory if the Luzon-wide lockdown drags on. Socioeconomic Planning Secretary Ernesto Pernia said Tuesday, March 24, that if the country extended the enhanced ...

The Philippine economy dipped slightly during the second quarter of 2019 as Gross Domestic Product (GDP) grew by 5.5 percent, the Philippine Statistic Authority (PSA) announced on Thursday, August 8.This is a 0.1 point drop from the first quarter' ...

The Philippine economy's growth in 2018 fell short of achieving the government's (downgraded) targets of 6.5% to 6.9%.National Statistician and Civil Registrar General of the Philippine Statistics Authority (PSA) Lisa Grace Bersales announced in a press conference ...