Philippines: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.25 percent as of Q1 2025, a decline compared to the previous value of 1.5 percent. Historically, the average for the Philippines from Q2 2000 to Q1 2025 is 1.23 percent. The minimum of -13.85 percent was recorded in Q2 2020, while the maximum of 6.89 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Philippine Statistics Authority
| Recent values | Philippines: Economic growth, quarterly |
|---|---|
| 2025 Q1 | 1.25 |
| 2024 Q4 | 1.5 |
| 2024 Q3 | 1.13 |
| 2024 Q2 | 1.36 |
| 2024 Q1 | 1.08 |
| 2023 Q4 | 1.44 |
| 2023 Q3 | 2.67 |
| 2023 Q2 | 0.34 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 5.55 | 2023 | percent |
| GDP, constant dollars | 430.3 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 437.15 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 3,804.87 | 2023 | U.S. dollars |
| GDP per capita, PPP | 9,901 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 3,667.57 | 2023 | U.S. dollars |
| Economic growth, quarterly | 5.41 | Q1/2025 | percent |
| Economic growth Q-on-Q | 1.25 | Q1/2025 | percent |
| Gross Domestic Product (GDP) | 6,586.75 | Q1/2025 | billion |