Recovery and Growth Outlook for the Philippine Economy
First written in FY2020-Q3. 3 of 18 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-10-05.
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- 2026-10-05OtherEarnings
「2026年1-3月期の実質GDP成長率は前年同期比2.8%と、2025年1-3月期の5.4%を下回り景気に減速感がみられました。」
フィリピン経済について、実質GDP成長率の前年同期比低下と景気の減速感を記載している。 - FY2026GDP growth forecast lowered to 4.4% in 2025Annual report
「In the Philippines, real GDP growth in 2025 was 4.4% year on year, below 5.7% in 2024, mainly owing to a slowdown in domestic demand caused by delays in implementing public works projects, indicating an economic slowdown.」
It was reported that real GDP growth in the Philippines was 4.4% year on year in 2025, down from 5.7% in 2024, indicating an economic slowdown. - 2026-05-08OtherRevision of earnings forecasts
「Real GDP growth in 2025 was 4.4% year on year, below 5.7% in 2024, indicating a slowdown in economic activity.」
The company reported that Philippine real GDP growth fell below the previous year’s level, indicating an economic slowdown. - FY2026-H1Updated April–June 2025 GDP growth to 5.5%Annual report
「In the Philippines, one of our Group's key markets, real GDP growth in April–June 2025 rose slightly to 5.5% year on year from 5.4% in the previous quarter, supported by resilient domestic demand amid a sustained easing in inflation. High growth is expected to continue in Southeast Asia.」
It was reported that real GDP growth in the Philippines in April–June 2025 rose slightly to 5.5% year on year from 5.4% in the previous quarter. - FY2025Updated 2024 GDP growthAnnual report
「In the Philippines, the central bank cut interest rates in anticipation of moderating inflation amid the effects of typhoons and other adverse weather conditions. Real GDP growth in 2024 was 5.6% year on year, below the government's target but high among Asian countries.」
Regarding the Philippine economy, real GDP growth in 2024 was reported at 5.6% year on year, indicating that high growth has been maintained. - FY2025-H1GDP growth rose to 6.3% in April–June 2024Annual report
「Amid slowing inflation in the Philippines, real GDP growth in April–June 2024 rose 6.3% year on year from 5.8% in the previous quarter, and sustained growth is expected among Southeast Asian countries.」
It was reported that real GDP growth in the Philippines in April–June 2024 rose 6.3% year on year from 5.8% in the previous quarter. - FY2024-Q3Third-quarter GDP growth recovered to 5.9%Annual report
「Supported by a recovery in government spending, GDP growth in the third quarter of 2023 recovered to 5.9% from 4.3% in the second quarter, while cumulative GDP growth for the first three quarters of 2023 was 5.5%.」
Philippine GDP growth was 5.9% in the third quarter of 2023, recovering from 4.3% in the second quarter. GDP growth for the first three quarters was 5.5%. - FY2024-Q2Second-quarter GDP growth declined to 4.3%Annual report
「In the Philippines, one of our Group's key markets, second-quarter 2023 GDP growth declined to 4.3% from 6.4% in the first quarter, owing to soaring commodity prices and policy rate hikes, among other factors.」
It was reported that Philippine GDP growth declined to 4.3% in the second quarter of 2023 from 6.4% in the first quarter. - FY2024-Q1Added first-quarter 2023 GDP growth of 6.4%Annual report
「In the Philippines, one of our Group's key markets, the economy has been returning to the high-growth trend seen before the COVID-19 pandemic, with GDP growth of 6.4% in the first quarter of 2023.」
Regarding the Philippine economy, first-quarter 2023 GDP growth was 6.4%, indicating a return to the high-growth trend seen before the COVID-19 pandemic. - FY2023-Q3Updated second- and third-quarter GDP growth ratesAnnual report
「In the Philippines, one of our Group's key markets, the number of COVID-19 cases has remained low since peaking in January last year. Economic activity has been recovering, with GDP growth in 2022 reaching 8.2% in the first quarter, 7.5% in the second quarter and 7.6% in the third quarter. Monetary tightening is also being implemented in the Philippines to address soaring prices.」
Regarding the Philippine economy, second-quarter GDP growth of 7.5% and third-quarter growth of 7.6% were added, with the recovery in economic activity continuing to be reported. Meanwhile, monetary tightening is being implemented in response to rising prices. - FY2023-Q2Added second-quarter GDP growth of 7.4%Annual report
「In the Philippines, one of the Group's key markets, economic activity has been recovering as the number of COVID-19 cases declined after peaking in January, with GDP growth of 8.2% in the first quarter of 2022 and 7.4% in the second quarter. Monetary tightening has also been implemented in the Philippines in response to rising prices.」
Regarding the Philippine economy, GDP growth was 7.4% in the second quarter, following 8.2% in the first quarter, indicating a recovery in economic activity. Meanwhile, monetary tightening is being implemented in response to rising prices. - FY2023-Q1Economic recovery with GDP growth of 8.3%Annual report
「In the Philippines, one of the Group's key markets, economic activity has been recovering as the number of COVID-19 cases declined after peaking in January, with GDP growth reaching 8.3% in the first quarter of 2022.」
In the Philippines, economic activity recovered as the number of COVID-19 cases declined, with GDP growth of 8.3% in the first quarter of 2022. - FY2022-Q3Economic recovery trendAnnual report
「An economic recovery trend is also evident in Japan and the Philippines, one of the Group's key markets.」
The disclosure stated that the number of COVID-19 cases was flat or declining from the previous quarter and that an economic recovery trend was evident in Japan and the Philippines. - FY2021-Q3WorsenedAnnual report
「Economic growth in the Philippines from January to September 2020 was down 10% year on year, representing substantial negative growth due to worsening domestic demand caused by the COVID-19 pandemic.」
The Philippine economy deteriorated from a 9.0% year-on-year decline in January-June 2020 to a 10% decline in January-September. - FY2021-Q2WorsenedAnnual report
「Economic growth in the Philippines from January to June 2020 was down 9.0% year on year, a substantial deterioration from the 6.7% year-on-year increase in the previous period, due to worsening domestic demand caused by the COVID-19 pandemic.」
The Philippine economy deteriorated substantially, from a 6.7% year-on-year increase in the previous period to a 9.0% decline in January-June 2020. - FY2021-Q1WorsenedAnnual report
「Economic growth in the Philippines from January to March 2020 was down 0.2% year on year, a substantial deterioration from the 6.7% year-on-year increase in the previous quarter, due to worsening domestic demand caused by the COVID-19 pandemic.」
The report stated that the Philippine economy deteriorated substantially, from 6.7% year-on-year growth in the previous quarter to a 0.2% year-on-year decline in January-March 2020. - FY2020Growth forecast revised downwardAnnual report
「The Philippine GDP growth rate in 2019 was 5.9%, below the 6.2% recorded in 2018.」
The full-year real GDP growth rate was reported at 5.9%, following the recovery phase of 6.2% in the third quarter of 2019 and 6.5% in the fourth quarter reported in the previous disclosure. It was also stated that the future impact of the COVID-19 pandemic was difficult to forecast. - FY2020-Q3First statedAnnual report
「Real GDP growth in 2019 remained in the 5% range year on year in the first half, mainly because passage of the budget was delayed until April, three months later than usual. Growth recovered to 6.2% year on year in the third quarter and 6.5% in the fourth quarter. The IMF forecast growth of 6.3% for 2020, indicating that the recovery was expected to continue.」
The Philippines' real GDP growth was reported at 6.2% in the third quarter of 2019 and 6.5% in the fourth quarter, with the IMF forecasting 6.3% growth for 2020.