All economies of 17 regions continued to record positive growths in 2023. Central Visayas posted the fastest growth at 7.3 percent in 2023. Western Visayas ranked second at 7.2 percent, followed by Ilocos Region at 7.1 percent. These three regions…
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The economy of NCR further accelerated from a 4.4 percent growth in 2021 to 7.2 percent growth in 2022. The top three industries that recorded the fastest growths were the following: Other services, 35.9 percent; Transportation and storage, 27.2…
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The economy of NCR rebounded from a -10.0 percent decline in 2020 to 4.4 percent growth in 2021. The top 3 sub-industries that recorded the fastest growths were the following: Mining and Quarrying with 10.8 percent; Transportation and Storage with…
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Philippine economy grows by 6.2 percent in 2018
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The Philippine economy grew by growth in 2017. This was slower than the growth recorded in 2016. The main drivers to growth in 2017 were Manufacturing, Trade, and Real Estate, Renting and Business Activities.
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The Philippine economy posted a growth in 2016, from a growth in 2015 driven by the faster growth of Industry and Services. Industry grew by in 2016 while Services recorded a growth. On the other hand, Agriculture, Hunting, Forestry and Fishing…
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The Philippine economy posted a 5.9 percent growth in 2015, a slowdown from its 6.2 percent growth in 2014. The deceleration was due to the slower growths of Agriculture, Hunting, Forestry and Fishing (AHFF) and Industry.
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The Philippine economy posted a 6.1 percent growth in 2014, a slowdown from its 7.1 percent growth in 2013. The deceleration was due to the slower growths of Industry and Services.
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