Thursday, May 21, 2026
Today's Print

Tag: gross domestic product

2024 budget deficit declined to P1.5t, revenue effort hit 16.7%

The government’s budget deficit narrowed by 0.38 percent to P1.506 trillion in 2024 from a year ago, as revenue collections outpaced the growth in...

A new year of economic possibilities

“Inflation must be tackled with both urgency and nuance” As 2025 approaches, the air buzzes with guarded optimism about the Philippines’ economic trajectory. Buoyed by...

Makati outstrips national ‘23 GDP with 6.3% growth

MAKATI City has recorded a 6.3-percent increase in gross domestic product (GDP) in 2023, with the economy valued at P1.18 trillion.  Mayor Abigail Binay said...

GDP slows down in Q3, but PH still fastest in Asia — NEDA

The Philippine economy slowed down to 5.2 percent in the third quarter of 2024 but remains one of the fastest-growing economies in Asia, according...

Germany dodges recession, posts growth

FRANKFURT—The German economy unexpectedly grew in the third quarter as domestic spending increased, official data showed Wednesday, defying expectations of a slowdown that would...

Q2 GDP growth at 6.3% amid hefty gov‘t spending

The Philippine economy expanded 6.3 percent in the second quarter of 2024, solidifying its position as one of Asia’s best-performing major emerging economies. In its...

Strong growth

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan and other officials engage with members of the media in a press chat at the...

Recto: PH economy to reach P37t, outpacing gov’t debt at P20t by 2028

The Philippine economy is expected to grow faster than government debt over the next four years, Finance Secretary Ralph Recto said Wednesday. Recto said while...

PSA upgrades first-quarter growth to 5.8%

The Philippine Statistics Authority (PSA) revised upward the first-quarter gross domestic product (GDP) growth to 5.8 percent from the preliminary estimate of 5.7 percent. It...

Think of high poverty rate, not just GDP growth

"GDP growth is a single-digit number; poverty incidence involves millions of Filipinos" Arguably, the most avidly-watched items in the business pages of newspapers and their...

Marcos highlights Philippines’ economy, invites foreign investors to participate in PPP projects

President Marcos on Tuesday put the Philippines' robust economic performance and increasing investments under the spotlight in a bid to establish the country as...

Gov’t deficit, debt metrics improved in first quarter

The Philippine government’s budget deficit and debt metrics improved in the first quarter of 2024 as the economy continued to expand, according to data...

PH poised to sustain yearlong growth—DTI

The latest gross domestic product (GDP) growth rate reflects the continued commitment of the Marcos administration to propel the country’s economic expansion this year,...

BSP sees robust GDP growth moderating in second semester

The Bangko Sentral ng Pilipinas (BSP) forecasts strong economic growth in the first half of 2024, followed by a potential slowdown in the second...
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