GDP growth (annual) · Philippines
Philippines GDP Growth Rate YoY
The Philippines GDP Growth Rate YoY measures how much the economy of the Philippines grew compared with the same period a year earlier.
- Importancia
- Medium
- Publicado
- Quarterly
- Divisa
- PHP · Philippine peso
- Banco central
- Bangko Sentral ng Pilipinas
Últimas cifras
El último dato, de Q3, se publicó el 2026-11-09 y fue 2.1%. Está por debajo del consenso de 3%. Es menos que 2.4% la vez anterior (revisado).
A weaker figure than expected points to slowing activity: the Philippine peso tends to soften and markets price in lower rates.
En las últimas 8 publicaciones osciló entre 2.1% y 5.5%, con una media de 3.8%. Ha bajado tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 9 Nov 2026 | Q3 | 2.1% | 3% | 2.4% ® |
| 7 Aug 2026 | Q2 | 2.3% | 2.8% | 2.8% |
| 7 May 2026 | Q1 | 2.8% | 3.5% | 3% |
| 29 Jan 2026 | Q4 | 3% | 3.8% | 3.9% ® |
| 7 Nov 2025 | Q3 | 4% | 5.2% | 5.5% |
| 7 Aug 2025 | Q2 | 5.5% | 5.4% | 5.4% |
| 8 May 2025 | Q1 | 5.4% | 5.6% | 5.3% ® |
| 30 Jan 2025 | Q4 | 5.2% | 5.4% | 5.2% |
Por qué importa
The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and Bangko Sentral ng Pilipinas's view of how much spare capacity the economy has.
Cómo se calcula
the Philippine Statistics Authority compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.
Growth (yoy) = real GDP ÷ real GDP a year ago − 1Qué significan los cambios
- Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
- Annual growth turns only slowly; the quarterly figure shows turning points earlier.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the Philippine peso and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the Philippine peso tends to soften and markets price in lower rates.
Una breve historia
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
Preguntas
What is the Philippines GDP Growth Rate YoY?
The Philippines GDP Growth Rate YoY measures how much the economy of the Philippines grew compared with the same period a year earlier.
What was the latest Philippines GDP Growth Rate YoY?
2.1% for Q3, published on 9 November 2026 (consensus 3%, previous 2.4%).
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.