Thursday, May 7, 2026
Today's Print

Tag: GNI

PSA revises third-quarter GDP growth down to 3.9%

The Philippine Statistics Authority (PSA) revised downward its economic growth estimate for the third quarter of 2025 on Wednesday, reporting that the gross domestic...

PH foreign debt service burden drops to $6.72b

The Philippines’ total external debt service burden dropped 6.2 percent to $6.72 billion as of end-June 2025 from $7.16 billion in the same period...

Philippines revises development plan, aims for $5,000 GNI per capita by 2026

MANILA, Philippines--The government has recalibrated its national development roadmap with an updated plan that projects the country will achieve upper-middle-income status soon and its...

Remittances to the Philippines rose 3.7% to hit 6-month high in June 2025

Cash remittances to the Philippines grew 3.7 percent year-on-year to $2.99 billion in June 2025, the highest in six months, data from the Bangko...

First-quarter gross national income growth reduced to 7.2%

The Philippine Statistics Authority (PSA) said Wednesday that first-quarter gross domestic product (GDP) growth remained at 5.4 percent, despite revisions in several sectors. It said,...

Philippines nears upper-middle-income status, says Balisacan

The Philippines is on the cusp of achieving upper-middle-income status, according to Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan. Balisacan said the...

Philippines per capita income hits $4,230, nears upper middle-income status

The Philippines surpassed its gross national income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028, reflecting the country's robust...

GDP contracts 4.2% in first quarter

The Philippine economy shrank 4.2 percent in the first quarter from a year ago, representing the fifth consecutive quarter of contraction amid the lingering...
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