GDP growth (quarterly) · Philippines

Philippines GDP Growth Rate QoQ

The Philippines GDP Growth Rate QoQ measures how much the economy of the Philippines, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

Важность
Medium
Опубликовано
Quarterly
Валюта
PHP · Philippine peso
Центральный банк
Bangko Sentral ng Pilipinas

Последние данные

Последняя публикация, за Q3, вышла 2026-11-09; значение: 0.1%. Это ниже консенсус-прогноза 0.9%. Это ниже, чем 0.5% в прошлый раз (пересмотрено).

A weaker figure than expected points to slowing activity: the Philippine peso tends to soften and markets price in lower rates.

За последние 8 публикаций значение колебалось от 0.1% до 1.8%, в среднем 0.9%. Показатель снижался три публикации подряд.

Jan 2025: 1.8%May 2025: 1.2%Aug 2025: 1.5%Nov 2025: 0.4%Jan 2026: 0.6%May 2026: 0.9%Aug 2026: 0.6%Nov 2026: 0.1% Jan 2025Nov 2026
Фактические результаты; короткая линия на столбце отмечает консенсус.
ОпубликованоДляФактКонсенсусПредыдущее
9 Nov 2026Q30.1%0.9%0.5% ®
7 Aug 2026Q20.6%0.9%0.9%
7 May 2026Q10.9%1.5%0.6%
29 Jan 2026Q40.6%1.3%0.3%
7 Nov 2025Q30.4%0.8%1.5%
7 Aug 2025Q21.5%–1.2%
8 May 2025Q11.2%–1.5% ®
30 Jan 2025Q41.8%1.9%1.5% ®

Посмотреть в экономическом календаре →

Почему это важно

GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the Philippine peso, and can push Bangko Sentral ng Pilipinas towards higher rates; a contraction raises the odds of cuts.

Как считается

the Philippine Statistics Authority adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.

GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1

Что означают изменения

  • Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
  • Look at the mix: growth from consumption and investment is healthier than growth from inventories.
  • An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.

Выше ожиданий: 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.

Ниже ожиданий: A weaker figure than expected points to slowing activity: the Philippine peso tends to soften and markets price in lower rates.

Краткая история

Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.

Вопросы

What is the Philippines GDP Growth Rate QoQ?

The Philippines GDP Growth Rate QoQ measures how much the economy of the Philippines, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

What was the latest Philippines GDP Growth Rate QoQ?

0.1% for Q3, published on 9 November 2026 (consensus 0.9%, previous 0.5%).

What is the difference between quarterly and annual GDP growth?

Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.

Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.