Philippine GDP Seen on a Steady Growth Path in 2025, 2026
Philippines, Sept. 29 -- Robust domestic demand amid subdued inflation will support Philippine economic growth this year and the next, according to a report released by the Asian Development Bank (ADB) today.In its Asian Development Outlook (ADO) September 2025 report, ADB forecasts the country's gross domestic product (GDP) to expand by 5.6% this year and 5.7% in 2026, steady from last year's 5.7% growth.The 2025 GDP projection was maintained from the July ADO forecast, while the 2026 growth estimate was slightly lower from 5.8% in July. Still, the Philippines is forecast to remain a bright spot in Southeast Asia, with the second highest GDP expansion in the region.ADB forecasts inflation to ease more this year than earlier projected, slow...
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