Philippines: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.68 percent as of Q3 2024, an increase compared to the previous value of 0.66 percent. Historically, the average for the Philippines from Q2 2000 to Q3 2024 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 |
---|---|
2024  Q3 | 1.68 |
2024  Q2 | 0.66 |
2024  Q1 | 1.03 |
2023  Q4 | 1.63 |
2023  Q3 | 3.14 |
2023  Q2 | -0.34 |
2023  Q1 | 1.77 |
2022  Q4 | 2.12 |
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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 | 3,725.55 | 2023 | U.S. dollars |
GDP per capita, PPP | 9,695 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 3,667.57 | 2023 | U.S. dollars |
Economic growth, quarterly | 5.22 | Q3/2024 | percent |
Economic growth Q-on-Q | 1.68 | Q3/2024 | percent |
Gross Domestic Product (GDP) | 6,253.98 | Q3/2024 | billion |