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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
This is a list of regions and highly urbanized cities of the Philippines by GDP and GDP per capita according to the data by the Philippine Statistics Authority. [ 1 ] [ 2 ] Data for 2023 estimates (international US$ using 2023 PPP conversion factor from the International Monetary Fund ).
GDP growth is expected to reach 6.0 percent in 2024, making the Philippines one of the fastest growing economies in the region. Inflation is expected to decline to 3.4 percent in 2024. [ 90 ]
MANILA (Reuters) -The Philippine economy's recovery momentum slowed in the second quarter amid high inflation, but the government is confident this year's growth target remains achievable, giving ...
Philippines: 114.365: ... GDP and GDP per capita data end of 2024, according to IMF global macro models and analysts expectations for Selected Countries and Subjects. [4]
Countries by real GDP growth rate in 2023 (IMF WEO database 2024) This article includes lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the total value of all final goods and services produced within a state in a given year compared with the previous year.
Dobrinov also pointed to stable institutions and economic policies as drivers of Malaysia’s growth in the coming years, along with a business-friendly tax structure. Indonesia Dobrinov likes ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. [1] For older GDP trends, see List of regions by past GDP (PPP).