Breaking News

Philippines Gross Domestic Product (GDP) YoY

Latest Release

Nov 07, 2024

Actual

5.2%

Forecast

5.7%

6.4%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.

Importance:

Country:

Currency: PHP

Source: National Statistical Coordinat...

Release Date	Time	Actual	Forecast	Previous
Nov 06, 2024 (Q3)	21:00	5.2%	5.7%	6.4%
Aug 07, 2024 (Q2)	21:00	6.3%	6.2%	5.8%
May 08, 2024 (Q1)	21:00	5.7%	5.9%	5.5%
Jan 30, 2024 (Q4)	21:00	5.6%	5.2%	5.9%
Nov 08, 2023 (Q3)	21:00	5.9%	4.7%	4.3%
Aug 09, 2023 (Q2)	20:00	4.3%	6.0%	6.4%

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Analysis

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Since the outbreak of the pandemic, the majority of countries in emerging Asia had been able to overcome its effects better than the rest of the world in 2020, thanks to effective social distancing,...

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The main contours of the investment climate have not changed. The evolution of the virus is seeing the re-introduction of social restrictions, extending lockdowns (e.g., Sydney), and prolonging formal...

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