‘GDP growth slows, misses 2025 target’Fair weather is seen at the Ortigas Business Center in Pasig City on November 5, 2025. While the country is likely to miss its 5.5 to 6.5 percent growth target for 2025, the Philippines remains one of the fastest growing economies in Asia, Balisacan said. If realized, a 4.8 to five percent growth for 2025 would also be lower than the 5.7 percent full-year growth posted in 2024. For 2027, he said the new growth target is from 5.5 to 6.5 percent, also lower than the previous six to seven percent growth goal. He said consumption, a key driver of economic growth, is expected to rebound this year supported by employment growth, remittances, low inflation and interest rates.

Source: Philippine Star January 06, 2026 05:42 UTC