Philippines Economy

Philippines Economy

Services, manufacturing, and overseas remittances all play major roles in the Philippines. The country is widely recognized for its BPO industry, supported by a large English-speaking workforce. Electronics production adds significant export value, while strong inflows of money from Filipino workers abroad help fuel consumption and stabilize local markets. Tourism is rebuilding momentum, and ongoing improvements in infrastructure and regional connectivity continue to open new investment opportunities.

World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Philippines GDP statistics.