Philippines Gdp Growth 2024. The gross domestic product (gdp) in philippines expanded 0.50 percent in the second quarter of 2024 over the previous quarter. Continued rapid gdp growth of around 5.6% y/y is forecast for 2024, helped by sustained strong private consumption spending, an upturn in government infrastructure.
Philippines gdp for 2021 was $394.09b , a 8.94% increase from 2020. Philippines gdp for 2022 was $404.35b, a 2.61% increase from 2021.